WASHINGTON and NEW YORK and LONDON, Nov. 17, 2015 /PRNewswire/ -- In 2014, retail sales of natural and organic food and beverages reached $53.5 billion, 53% higher than 2009. With such high demand for natural and organic products, many retailers have entered the market and have become strong competitors with Whole Foods.
MarketResearch.com published a blog covering the shifting retail market for natural and organic food and beverages: http://hubs.ly/H01ppjB0
According to a report by Packaged Facts, "Every major supermarket chain in the U.S. — from Kroger to Target to Safeway to Walmart — have store-brand lines of natural and organic products." This means Whole Foods has more competitors than just Trader Joes and other natural food stores. Shares for Whole Foods have dropped 31% in 2015.
Two major points are discussed in the blog:
- Organic foods have become mainstream.
- Mass-market retail outlets capture nearly half of sales.
To get details on both of these contributing factors, visit the blog: http://hubs.ly/H01ppjB0
The Packaged Facts report is also available on www.profound.com, where subscribers are able to purchase the individual sections, chapters, tables, or charts of a report they need without having to pay for the pieces they don't.
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