Trends in Organic Food Industry
U S sales of organic foods and beverages have grown from $1 billion in 1990 to $24.8 billion in 2009. Sales in 2009 represented 5.1% growth over 2008 sales (Industry Statistics and Projected Growth, 2010). These trends are having a significant impact on the food market industry as a whole, and in particular the organic foods markets.
• Provide a discussion of the trends in the organic foods industry and how these trends will impact the organizations that sell organic foods.
• Examine the competitive environment that organic foods can create for an organization and apply Porter- model, providing an analysis of each factor relative to the industry.
• Identify the opportunities and potential threats to the organic foods industry by completing a SWOT analysis.
• How can a competitive advantage be achieved using the strengths and opportunities identified in the SWOT?
Must be original and at least 850 words