“Organic Food’s Promising Future: Growth Factors, Challenges, and the Rise of Health Supplements”
Many consumers and manufacturers view organic food as the future of the industry, but its success hinges on several factors such as crop yields, climate change impacts, farmer livelihoods, and more. According to a recent report by TechSci Research, the global organic food market is projected to grow at a compound annual growth rate (CAGR) of over 14% from 2016 to 2021. To meet this rising demand, a greater number of farmers will need to transition to organic practices.
A report from the University of British Columbia indicates that the initial wave of organic farmers were primarily motivated by environmental concerns rather than financial incentives. In contrast, many of those currently making the switch are driven by the potential for financial gain, although the three-year transition period can be both challenging and costly. To facilitate this process, the U.S. Department of Agriculture has recently collaborated with the Organic Trade Association to launch a program that certifies produce from farms in the midst of transitioning to organic, easing the path for farmers.
There is optimism in the industry that more farmers will embrace organic farming, thereby increasing the availability of organic produce. However, the study’s findings suggest that organic alone will not ensure a sustainable food future, although it remains a significant component of the overall ecosystem. Food manufacturers, such as General Mills, which acquired Annie’s in 2014, are recognizing organic as a viable avenue for growth. As the food sector seeks new revenue streams, many companies are likely to create their own organic products or invest in smaller organic firms.
In addition to the growth of organic food, there is also a rising interest in health supplements, including calcium citrate, calcium aspartate, calcium orotate, and vitamin D3 tablets. As consumers become more health-conscious, the demand for these products is expected to rise, further diversifying the market. This trend might encourage more farmers to integrate organic practices into their operations, aligning with the increasing popularity of health-oriented products. In sum, while organic food is a crucial piece of the food industry puzzle, the interplay with health supplements like calcium citrate, calcium aspartate, calcium orotate, and vitamin D3 tablets illustrates the broader trend towards holistic health and sustainability.
