Thursday, April 5, 2007

Demand for organic foods and drinks…………….

Increasing demand for organic foods and drinks in the world market has out stripped supply despite growth in organic farming in Latin America, Asia and Africa since 2000.

Writes Business Line March 24, 2007

Short supply is felt in North America and Us based companies are currently scouring the globe for organic ingradients according to organic monitor.

Countries such as US, Singapore and Switzerland having consumers with high disposable income are pushing the demand

The G-7 countries, it said account for 80% of total sales even though they have only 12% of international farm land. In a report UK based consultancy has projected that the sales organic foods anddrinks may touch $40 billon soon as there is an increase in the number of consumers seeking healthy and nutritious products.

According to the consultancy, imports of organic ingredients such as nuts, beans and seeds from Turkey, China and Brazil have increased while herbs and spices are arriving from
Paraguay. India and Ethiopia. Organic fresh fruits and vegetables are increasingly coming from Africa and Asian countries.

Link Business Line

No comments: