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Learn Who's Driving Growth in Organic Products

  • Broadcast in Politics
Its Your Gavel liberal talk

Its Your Gavel liberal talk


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Our guest is Steven Hoffman.
As sustainable food producers position for the future, they can count on the consumer to drive double-digit sales growth in organic and non-GMO products. In fact, says Wall Street analyst Scott Van Winkle of Boston-based investment bank Cannacord Genuity, the only real growth happening in the food industry today is in the natural, organic and specialty foods markets.
The financial markets are responding. Seeing the growth in consumer demand for healthy and eco-friendly products, in 2012 the public financial markets opened again after several years to natural and organic products companies, and Cannacord's Healthy Living Index continues to outperform the S&P 500.
Organic products are creating jobs, too – more than 572,000 U.S. jobs were created in the organic sector in 2010, at a rate 21% higher than the conventional food industry, according to a 2012 Organic Trade Association study. With 9.5% growth in 2011, U.S. sales of organic products totaled $31.5 billion, says OTA, representing 4.2% of overall U.S. food sales.
Join Steven Hoffman and me on January 31 to learn more about this and the prospects for the U.S. economy.