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Annual growth in UK Organic food Market continues to decline despite increased government support.
The organic foods market grew in retail sales value by 10.3% in the year ending April 2003. This has continued the fall in annual growth rate since the year ending April 2000, although growth in the organics market is still much more substantial than that of the total grocery market.
(PRWEB) January 7, 2004 --Research and Markets announces the addition of the 2003 assesment of the UK Organic Food market.
The organic foods market grew in retail sales value by 10.3% in the year ending April 2003. This has continued the fall in annual growth rate since the year ending April 2000, although growth in the organics market is still much more substantial than that of the total grocery market. A now static 75% to 80% of households buy some organic foods in a year. Growth would be expected to improve again if larger purchases started to be made by the substantial majority of more occasional consumers, with organic foods representing just 1.1% by value of total foods sales. This is a much lower penetration level than in Germany, Switzerland, Austria, Sweden and Denmark.
There has been continued Government support for organic farmers and growers in recent years, and particularly since 2002 in terms of Action Plans and financial grants for the organic conversion of agricultural land following the serious interruption caused by the foot-and-mouth crisis in 2001. In the future, market growth for organic foods and non-alcoholic drinks is put at between 7.9% and 10% per year.
This assesment of the UK Organic food market includes Executive Summary, Introduction and Strategic Overview of the market.
Information on market sizes is provided as well as detailed information on Advertising and Promotion and Distribution within the Organic Foods market. A PEST analysis is also included, which outlines the Political, Economic, Social and Technological Factors affecting the market.
For a complete index of this report click on http://www.researchandmarkets.com/reports/41850
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