Not exact matches
«This acquisition will significantly expand our presence in the
U.S. branded
organic and natural
foods industry, where
sales have been growing at a 12 percent compound rate over the last 10 years,» said Jeff Harmening, General Mills executive vice president and chief operating officer.
U.S. consumers bought more
organic fare than ever before in 2016, with
sales increasing 8.4 percent to $ 47 billion and accounting for more than 5 percent of all
food sales in the country, according to the
Organic Trade Association.
Organic dairy products are now the second leading
food category — after fresh fruits and vegetables — for
U.S. sales of
organic food.
Organic food and beverage
sales reached a peak 4.3 billion dollars in 2016, an 8.3 percent increase that confirms
organic as the first choice for nearly one - third of
U.S. grocery shoppers.
If both the EPA standards and USDA
organic standards were too low for pesticide residue, probably more than 90 % of the
U.S. food supply would not be eligible for
sale.
The
U.S. organic food market continues to outpace conventional
food sales.