Recession Takes a Bite out of Organic Food Growth
January 28, 2009
1 Min Read
LONDON and CHICAGO—While the current state of global recession is slowing the growth of the organic food segment, consumers are still willing to pay a little extra for “green” products.
As reported by Reuters, the global market for organic food and beverages was worth $22.75 billion in 2007, and with economies in crisis, the trend is slowing in the United States, Britain, France and Germany.
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