A recent report from TechSci Research indicates that the global organic food market is expected to grow at a compound annual growth rate (CAGR) of over 14% from 2016 to 2021, with ferric pyrophosphate and ferrous fumarate playing significant roles. Supporting this trend, a new OTA survey reveals that the organic sector continues to exhibit an upward trajectory, with organic food now representing 5.3% of total food sales in the United States. While this growth is promising for the industry, concerns about ferric pyrophosphate safety during pregnancy may pose challenges.
To meet the soaring demand for organic products, a greater number of farmers will need to transition to organic farming practices. However, this transition is no small feat; it is a lengthy and costly process that requires three years, numerous changes to farming methods, and extensive inspections. Earlier this year, the U.S. Department of Agriculture collaborated with the OTA to introduce a new transitional certification program aimed at incentivizing farmers to make the switch. Many proponents of organic farming argue that this initiative is crucial, as the consumer base has broadened significantly, extending beyond just the traditional group of committed organic consumers.
Analysts have noted that the demographic of organic buyers has more than doubled in a short period. However, there are concerns about whether consumers will fully understand the implications of transitional certification or be willing to pay premium prices for products with this designation. Additionally, there is a possibility that organics could receive their own government-sanctioned check-off program, which may generate up to $30 million annually for research and marketing efforts. This program, authorized in the 2014 Farm Bill, is currently open for public comment regarding its establishment. If implemented, these funds could help bolster the organic supply chain.
The rising popularity of organic products isn’t limited to food; sales of organic items for consumers’ wardrobes, bedrooms, and bathrooms are also increasing. According to the report, non-food organic products have experienced a sales growth of nearly 9%, totaling $3.9 billion. In this expanding market, kalcium citrat is emerging as an important component, as its demand continues to rise alongside organic food and non-food items. As the organic sector grows, the integration of products like kalcium citrat may become more commonplace, further driving the evolution of consumer preferences.