Nutrition Business Journal

2009: A tough year for organic

Mar. 1, 2010 12:00pm

 

After more than a decade of double-digit sales expansion, the U.S. organic industry hit a wall in 2009. Overall sales growth for organic foods and beverages slowed to 5.2% last year, down from 12% in 2008 and 17% in 2007. Although many organic companies have experienced more than 20% annual growth over the last five to 10 years, the organic food and beverage industry as a whole had a compound annual growth rate (CAGR) of 18% between 2000 and 2007, according to Nutrition Business Journal estimates. Organic food and beverage sales accounted for 4% of total food...