PRZOOM - /newswire/ -
Delhi, New Delhi, India, 2007/04/17 - Globally, the organic agriculture has shown a positive growth over the past few years and will further grow in the years to come.
The American OTA (Organic Trade Association) is glad to see global growth in organic agriculture. A report that was released at BioFach 2007 in Germany by IFOAM (International Federation of Organic Agriculture Movements), FiBL (Research Institute of Organic Agriculture), and SÖL (Foundation for Ecology and Farming) reflected this.
World of Agriculture: Statistics & Emerging Trends 2007 indicate, around 30 Million Hectares are certified to be organic at present. Globally, organic products’ market reached 25.5 Billion Euros in the year 2005. Europe and North America remain the leading markets, as per the report.
Organic textiles, detergents & cleaning agents, pet food, and natural cosmetics showed a growth of 30% in 2005 and will continue to show immense growth rates in future as well.
The US generally depends on the imports of more than 30% of its organic food consumption. After all, nearly 27% of population was already regular consumer of organic products in 2004. A lot of merchandize is needed to meet the demands of more than 160,000 food stores and approximately 300 Million consumers.
"OTA continues to look for ways to encourage additional producers to help fill that demand. That is why OTA is making such an effort to include provisions to encourage organic production in the United States in the next U.S. Farm Bill", Caren Wilcox, Executive Director of OTA said this in a statement that AMonline.com published on February 27, 2007.
As per RNCOS report “European Organic Food Market”, “During the past few years, the worldwide organic agriculture has shown rapid development, and about 120 countries are harvesting organic crops at present. America is the largest organic food market in the world. In 2006, the country represents nearly 48% of global market value.”
This research report on “European Organic Food Market” provides extensive research and objective analysis of The Organic Food Market in Europe. This report helps clients in analyzing the opportunities critical to the growth of The Organic Food Market in Europe.
Key issues and facts analyzed in RNCOS report include: market size of the world organic industry, overall organic food market segmentation by product, how many farms are maintaining how much land (in hectare) for organic farming in various countries, what and where are the growth prospects and issues related to the industry, factors driving growth in the organic food market, etc.
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RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of industry experts who analyze data collected from credible sources. They provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.