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Home Africa/World

The Global Organic Market Passes 100 Billion US Dollars

February 13, 2020
in Africa/World
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The Global Organic Market Passes 100 Billion US Dollars
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The market research company, Ecovia Intelligence, estimates the global organic market continues to grow worldwide and has passed the 100 billion us dollar mark for the first time in 2018 (almost 97 billion euros). The United States is the leading market with 40.6 billion euros, followed by Germany (10.9 billion euros) and France (9.1 billion euros).

In 2018, many major markets continued to show double-digit growth rates, and the French organic market grew by more than 15 percent. Danish and Swiss consumers spent the most on organic food (312 Euros per capita in 2018). Denmark had the highest organic market share with 11.5 percent of its total food market.

 

Global organic statistics show the contribution of organic agriculture to the sustainable development goals. According to Dr. Monica Rubiolo from SECO, “Access to good quality data on organic farming not only helps to measure success toward achieving the Sustainable Development Goals but also to orient decision-makers and other stakeholders along the whole value chain.”

Joseph Wozniak from ITC believes that “This publication provides key insights for those who attach importance to environmental conditions behind the products produced in their countries or sold in their nation’s shops.”

“The global organic statistics have proven useful for development programs and supporting strategies for organic agriculture and markets, and they are crucial for monitoring the impact of these activities. This publication shows our ongoing engagement with transparency in the organic sector,” say Louise Luttikholt, IFOAM – Organics International Executive Director, and Professor Urs Niggli, director of FiBL.

 

Source: www.ifoam.bio

Tags: 100 billion dollarsGlobal Organic Market
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