Organic Food Sales Continue Global Growth/Locally Sourced Foods and Farm to Table Increase in Popularity, Business and Industry Trends Analysis

The Research Institute of Organic Culture (FiBL) reported that organic food sales reached $125.2 billion worldwide in 2019 (latest data available), up from approximately $100 billion in 2018.  The term “organic” typically refers to crops grown without pesticides, herbicides or fungicides.  Food that bears an organic label must meet criteria set by the U.S. Department of Agriculture (USDA).  Specifically, these products must be at least 95% free of artificial flavors, colors, preservatives or fertilizers, synthetic pesticides, irradiation (germ-killing radiation) or genetically modified ingredients.  The U.S. is the largest single market for organic food and beverages, with an estimated annual value…

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