The global organic food and beverage market exceeded US$100 billion for the first time in 2018.
That’s according to the latest edition of The World of Organic Agriculture study, the annual statistical yearbook from the the Research Institute of Organic Agriculture (FiBL) and IFOAM – Organics International, the umbrella group for the global organic movement.
The 333-page report, which contains organic agriculture and organic market data for 2018, was published Wednesday at the kick off of BIOFACH, the world’s largest trade show for organic food, taking place in Nuremberg, Germany through Saturday.
The report also said that a total of 176.7 million acres were organically managed at the end of 2018, representing 2 percent growth compared to 2017.
Globally, 1.5 percent of the world’s agricultural land was organic at the end of 2018. However, in 16 countries 10 percent or more of all agricultural land is organic, the report said.
The countries with the largest organic share of their total farmland are Liechtenstein (38.5 percent), Samoa (34.5 percent), and Austria (24.7 percent). Just 0.5 percent of the 915 million acres of U.S. farmland is certified-organic, according to the U.S. government’s latest statistics.
Australia dwarfs all other countries in terms of organic agricultural area with 88.2 million acres at the end of 2018. Argentina is second with 8.9 million acres followed by China, which had 7.7 million acres.
The report said the number of organic producers fell 5 percent in 2018 to 2.8 million, with 47 percent of them living in Asia and 28 percent in Africa.
The data for the global organic food market, which grew 5.3 percent over 2017, is annually presented by London-based research company Ecovia Intelligence.
The global market for organic food reached $97 billion in 2017, up 8 percent over 2016, when global sales came in at $89.7 billion, up 9.9 percent compared to 2015 when sales were pegged at $81.6 billion, a 1.6 percent increase over 2014, which had jumped 10 percent compared to 2013.