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Wednesday, 19 August 2009 |
Nearly one in five (19%) of all UK shoppers are remaining loyal to organic food and drink and they are maintaining their expenditure, according to new consumer research out today from the IGD grocery industry think-tank.
A further 9% say they will buy more organic food when they have a bit more money to spend, says the IGD.
However, 10% of shoppers say they have found other products that are cheaper but still provide the same perceived benefits.
A further 8% are focusing their organic spend on fewer products where they think it really makes a difference, and another 8% say they are not sure what organic stands for anymore. More than four in 10 consumers (41%) have never been interested in organic.
Joanne Denney-Finch, chief executive at the IGD, said: "There remains a strong core of dedicated organic shoppers - nearly one in five of the UK population - who are maintaining support, regardless of the economy.
"Even better news for the organic movement is that these supporters tend to be younger and more affluent - supporting our view that the organic market is experiencing a dip rather than a collapse.
"There are still challenges, however.
"Those that have drifted away have not performed a U-turn on ethics - they are finding value for their values in, for example, products that meet high animal welfare standards, local foods and Fairtrade.
"The organic movement has the opportunity to win back at least some of these shoppers and to increase sales among their existing customers.
"By communicating the full range of benefits in a clear and compelling manner, they will enable shoppers to weigh up the value for themselves."
The Soil Association estimated the value of the organic market to be £2.1bn in 2008, representing just over 2% of UK food sales.
Source: IGD
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