Farming News - UK Organic Market hits £2.33 Billion

UK Organic Market hits £2.33 Billion

07 Feb 2019
Frontdesk / Finance

The UK organic market is now worth £2.33 billion with a 5.3% growth in 2018 according to the Soil Association Certification’s Organic Market Report. This is the highest ever value placed on the organic market, following a seventh year of consecutive growth.

This figure is the highest ever value placed on the organic market, following seven consecutive years of growth, and means that almost £45m is spent on organic a week in the UK.

Image result for The UK organic market is now worth £2.33 billion with a 5.3% growth in 2018. This is the highest ever value placed on the organic market, following a seventh year of consecutive growth. Almost £45 million is spent on organic each week in the UK.

Clare McDermott, business development director, Soil Association Certification, said: “Organic is in the right place to capitalise on many of the consumer trends we’re currently seeing across retail. We know that more shoppers are looking to purchase sustainable products to reduce their impact on the planet, and this has combined with an increasing value being placed on transparency and traceability in the food system, more local and online shopping, and increasing interest in healthy options – where organic is often seen as a signpost to healthy choice.

“Because organic is legally certified, shoppers can trust that the food they are buying has been produced with the utmost care for the environment, animals and land, as well as being fully traceable. Its encouraging that, despite uncertainties in the wider food and drink and non-foods sectors, more and more shoppers are turning to the organic symbol as one they can trust to deliver many of the assurances – environmental, nutritional and ethical – that they are looking for.”