SPINS, San Francisco, CA, has released its “Natural Products Marketplace Report, 2003.” According to the report, natural products continued their rapid growth in 2002, with natural and organic foods and beverages growing at more than 12%, outpacing sales of conventional grocery products by more than 4 to 1. The report also said conventional food, drug and mass merchandise retailers now account for more than 75% of natural products sales, with these mainstream retailers aggressively adding natural products to their shelves in order to capture some of the rapid growth the industry has enjoyed for more than two decades. However, the natural supermarket channel is still the destination spot for consumers and manufacturers alike.
For more information: SPINS, 415-957-4400; Fax: 415-957-4401; E-mail: firstname.lastname@example.org; Website: www.spins.com.
Natural Products Marketplace Report, 2003
Published September 1, 2003