Organic Food Sales Doing Remarkably Well Ten Years After USDA Program Launched

The organic food industry has made “remarkable progress” over the ten years since the creation of the USDA National Organic Program, according to consulting firm Retail Insights. Though growth in conventional food stores has kept up with food inflation, organic food has a CAGR of eight percent over the past three decades. Total organic spending was about $10.4 billion in 2003 and $31.5 billion last year. The bulk of that spending was on organic food and beverages – $29 billion. “Standardization and definition have been extremely helpful in providing confidence in shoppers,” Retail Insights said.