The organic industry has enjoyed
compounded growth of 23% per annum for seven consecutive years, whilst the
natural and organic cosmetic sector grew by a massive 39% in 2001. Our
company leads the world by successfully developing a 100% natural and
organic skin care
range, the worlds first and currently THE ONLY fully
certified organic skin and body care products that
can legally display the logos from all the major organic certifying bodies
in the world including the coveted USDA organic logo.
On top of that, the company
Research and Development is second to none,
collaborating with cutting edge researchers in other
areas the company is committed to progressively
releasing dynamic, healthy and first to market
innovations in the organic sector.
Recent market research has shown
that consumer demand is growing rapidly in worldwide
markets and the sale of organic products is expected
to reach between 5%-10% of total food sales by the
year 2005.
USA
Consumer sales of organic products in the US reached
US$5.6 Billion in 2000 a rise of 19% from 1999.
If organics sustains this annual growth (and there
is no indication it will not as sales in 2001
reached US$9.4 Billion) the organic segment will
be worth between US$13 – US$18 Billion by
2005.
EUROPE
Research across seven European countries found that
organic spending would nearly double over the next
5 years. By 2006, 58% of European consumers will
choose to use organic products. During 2000, 29
million people in the UK said they had consumed
organic food, a figure that represents almost half
the population. There are 142 million consumers
of organic food in Europe showing that organic food
has hit mainstream after many years of ‘alternative’
niche markets.
The UK will continue to be the key market, which
had organic sales of GBP 605 million in 2000 and
expected to reach GBP 1 Billion during 2003.
JAPAN
The Japanese are the largest per capita consumer
of organics in the world and are substantial importers
of organic consumer products. Japan had a national
market value of US$1.5 Billion in 1998 and has a
current estimated value of US$3.2 Billion. The majority
of organic products in Japan are distributed through
a ‘tei-kei’ arrangement, which is a
type of cooperative.
Our
company plans to capture a significant market share
of this booming, ethical organic industry, in the
next three years of operations.