There’s a good outlook for the international organic food industry – both in Europe and worldwide. European and international markets remain on a growth track. Experts currently put global revenues above USD 95 billion; Europe accounts for more than EUR 33 billion. The market is now growing very vigorously in many European countries: Germany has surpassed EUR 10 billion, the French market has doubled in five years, and Denmark is expanding its lead further with a market share of 13.3 per cent for organic foods, making it the organic leader in Europe. Excellent signs, then, for BIOFACH, the gathering place for the world’s organic sector and the world’s leading trade fair for organic food, which will be holding its next iteration from 13-16 February 2019. Over 2,900 exhibitors and more than 50,000 trade visitors are expected at the Nuremberg Exhibition Centre.
“Global revenues for organic foods remain on a growth track. Initial estimates place them at more than USD 95 billion for 2017,” notes Amarjit Sahota of the London market research and consulting firm Ecovia (formerly Organic Monitor). And he adds, “we’re seeing lively growth in North America and Europe, but the Asian market is also catching up fast.”
Europe is the second-largest market for organic products, after North America. There revenues for organics gained 11.4 per cent in 2016 to reach EUR 33.5 billion, according to the figures presented jointly at BIOFACH 2018 by IFOAM – Organics International, Switzerland’s Research Institute of Organic Agriculture (FiBL), and Agrarmarkt Informations-Gesellschaft (AMI), headquartered in Berlin.
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