The Canada Organic Trade Association released its latest analysis, finding that the organic sector is continuing to grow with two-thirds of shoppers adding organics to their purchases each week.
Ottawa – Canada’s organic market is growing strong, says a new report.
The Canada Organic Trade Association released its second market analysis called The Canadian Organic Market: Trends and Opportunities 2017.
In a statement the association says it found that the total organic market in Canada, which includes food and non-food items, is now at $5.4 billion – up from $3.5 billion in 2012.
The association says the report includes an “up-to-date overview of the Canadian organic market, combining consumer research with sales and trade data.” It also looks at growth trends and consumer perceptions.
Other key findings, as noted in the statement, include:
The organic food and beverage market is estimated at $4.4 billion, up from $2.8 billion in 2012.
The compound annual growth rate of the total organic market is estimated at 8.7% between 2012 and 2017. Over the same time period, the growth rate for the organic food and beverage market is at an estimated 8.4%.