Sales of Organic,Natural foods, and Biotech More to Come!

Date:   7/9/2008 8:27:12 AM ( 16 y ago)

6:26 AM
July 9, 08



Video on Organic Center:

http://www.organic-center.org/news.video.html



Organic Sales 2007 report:

http://www.organicnewsroom.com/2007/05/us_organic_sales_show_substant_1.html

For more information, contact:
Barbara Haumann (413-774-7511, Ext. 20)

CHICAGO, Illinois (May 6, 2007)—Preliminary findings from the Organic Trade Association’s (OTA’s) 2007 Manufacturer Survey released today at OTA’s All Things Organicä Conference and Trade Show at McCormick Place show U.S. organic food sales totaled nearly $17 billion in 2006, representing approximately 3 percent of all retail sales of food and beverages.

Organic foods’ share of total food sales is up from 1.9 percent in 2003 and approximately 2.5 percent in 2005. According to survey results, sales of organic foods grew by 22.1 percent in 2006 to reach $16.9 billion. Sales in 2005 were $13.831 billion.

Organic food studies:

http://www.organic-center.org/science.latest.php?action=view&report_id=126


NFM's Market Overview research methodology explained
by Patrick Rea
This 2008 edition of The Natural Foods Merchandiser's Market Overview represents the 27th year that NFM has presented statistics about store operations and sales in the natural products industry. From $1.9 billion in 1980 to $30.1 billion in 2007, sales in the natural products retail channels have come a long way.

Just as each year's numbers have varied, methodology for collecting, compiling, analyzing and presenting Market Overview data has also evolved. This year's Market Overview marks the 10th year of research collaboration between NFM and Nutrition Business Journal, which was acquired in 2001 by NFM's owner, New Hope Natural Media, itself owned by Penton Media.

The inclusion of NBJ data and perspective allows for assessment of the broader industry in which naturals retailers compete. The sales of natural and organic foods, dietary supplements and other natural products through such diverse channels as mass market, multilevel marketing, health care practitioners, mail order/direct response television/radio, and the Internet are included in the $62.4 billion natural products industry figure portrayed on the cover. (Excluded are figures for functional foods sold outside of natural products stores but which are included in NBJ's own assessment of the nutrition industry, primarily a mass-market phenomenon in categories such as sports and energy drinks, fortified juices and cereals.

The main vehicle for collecting data for the Market Overview is NFM's annual store survey. This four-page survey includes 34 questions, some of which contain several parts. The survey was sent to a selection of representative stores with sales in the categories presented in the data tables. This year, we had the largest number of respondents ever, with 980 stores or chains reporting the results of their calendar year 2007 operations.

Most of the operations data pertain to independent and small-chain retailers, divided into three categories by sales mix and eight subcategories by size, as defined in the sidebar below. Their responses are representative of the total universe of 12,250- independent and chain stores with $18.6 billion in total sales in 2007.

The $30.1 billion in the natural products retail channel was broken down into product category and region, and includes eight store categories for naturals retailers plus the biggest chains— Whole Foods Market and Wild Oats Markets (together $7.78 billion in 2007 sales), GNC (approximately $1.2 billion in retail sales at store-owned and franchise locations), Vitamin World (owned by NBTY with $223 million in 2007 sales)— and the natural product sales at a number of other specialty retailers (specialty/gourmet shops, personal care stores, health clubs, herb shops, mall stands, delis, bakeries, salons, gift/boutique stores, etc.), totaling $2.3 billion. Although most of the operating statistics were averaged or aggregated from the responses, estimating total product sales for the entire industry is a challenging assignment. We derived the total product category sales and organic sales figures in this issue from statistical analysis of survey results in each of the eight categories of natural products retailers. A total of 551 survey respondents reported accurate and complete sales breakdowns. (Many others provided partial responses.) We then compiled aggregate sales figures and the percentage of organic sales in each product category. Then the resulting proportions were applied to the total sales figures in each store category.



Sales:

http://www.naturalfoodsmerchandiser.com/tabid/66/itemid/3064/emNFMsem-Market-...


OTA Inviestors:
http://www.ota.com/about/2008investors.html
Many of these received the Sunflower photo in 2008 as a gift from donating.


Biotech Sales 2007:

http://www.mmm-online.com/IMS-Global-biotech-sales-up-125-in-2007/article/111...


The biotech drug market grew by 12.5% to more than $75 billion in 2007, according to an IMS Health report. In 2006 the biotech market grew by 18.2%, to roughly $65 billion.

Profits last year were driven in large part by 22 biotech products each garnering $1 billion or more in sales. By comparison, in 2002 there were only six such blockbusters, according to IMS Health.

Outside of the US, the biotech market fell by approximately 10%. "Part of the reason for the [global] slowdown, has been the impact of revisions of usage and guidelines on [erythropoiesis stimulating agents] by the FDA. That has made a significant impact, and is a primary reason," said Murray Aitken, SVP, Healthcare Insight, IMS. Murray notes that safety concerns surrounding erythropoietins have made a big impact as well. The US represented 56% of total biotech sales in 2007,

BIO press releases on BIO Ag:

http://www.bio.org/foodag/



 

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