LONDON, Dec. 17, 2014 /PRNewswire/ -- U.S. retail sales of natural and organic foods and beverages rose 5.5% to nearly $53.5 billion in 2014, 53% higher than sales five years earlier, with the organic foods sector leaping ahead 12.5% in 2014. Amid this rapid growth, the marketplace is changing rapidly, with new plays by traditional retailers like Kroger, Walmart, and Target, and strengthening competition to Whole Foods Market from smaller natural food chains and independents. Meanwhile, lawsuits over alleged misuse of "natural" claims on food labels have skyrocketed in the past several years. "Natural" claims have also been slammed by the popular media, consumer advocacy groups, and even organic industry groups as being ill-defined and meaningless. The result has been a retreat from "natural" labels by many marketers, and confusion or avoidance on the part of consumers.
This completely revised report, Natural and Organic Foods and Beverages in the U.S., 4th Edition, examines sales and growth potential, identifying key issues and trends that will affect the marketplace through 2019. The report also analyzes and profiles major marketers and retailers in this market; discusses marketing and new product trends; and looks at consumer attitudes and behaviors toward natural/organic foods and beverages and retail shopping patterns. Included are copious tables, charts, graphs, and illustrations that highlight and reinforce key points.
Methodology
Our sources of information for Natural and Organic Foods and Beverages in the U.S., 4th Edition include primary research entailing interviews with retailers and other members of the industry, and on-site examination of retail stores. Secondary research involved the evaluation and comparison of data from articles found in financial, marketing, and industry and consumer publications, as well as on corresponding websites. Other sources for secondary data include annual reports, 10-Ks, transcripts of earnings calls, and literature from individual companies; government reports; industry associations such as the Organic Trade Association (OTA); and other reports by Packaged Facts. Consumer data are derived from Simmons National Consumer Surveys for Fall 2013, from Experian Marketing Services.
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SOURCE ReportBuyer
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