A Short Analysis of the US Organic Product Market
The increased consumer interest in organic foods has encouraged new business and producers in the organic foods. The current hike in consumption has resulted for increased sales in the large supermarkets, farmers markets, club stores, etc. This rise in the use of organic products has seen a proportional growth in the area of US organic farms which has prompted Federal Policies to help such organic food producers. This wave of organic growth has contributed to the boom of the US economy in the very recent years.
Recent economic research has revealed that retail annual sales of organic products in the US are about 20% of the total sale of all the food products. Nowadays organic food is available in 73% of all the stores. This huge number has resulted in the increase of organic cropland area certified by the US Government. The area has doubled in a time of 5 years from 1992 to 1997, thus promoting the noble cause of saving environment. The organic cropland area is 5.2 thousand hectares.
The United States Department of Agriculture (USDA) has deployed research nine agencies for research and other programs like crop insurance, organic products export promotion and information provision for the betterment of organic farming. Besides USDA funds for projects like market development both domestic and international without hampering the natural resources along with projects which assist to adopt new organic practices and farming techniques backed by educational opportunities. Their research also includes soil management, biological weed and pest control and tracking growth of consumption in the organic sector.