Blog: An organic re-evaluation?
Michelle Russell | 20 July 2010
It is probably common knowledge that the organic market has taken a bit of a hit in the last year or so as the recession saw shoppers look for cheaper alternatives in their weekly shop.
Figures from the Soil Association show that demand for UK organic food stopped growing at the end of 2008 as the downturn began to hit consumer spending, and in 2009, sales dropped 12.8%.
This may explain why figures from The Soil Association show that for the 12 weeks ended 14 June, the share of Asda’s organic range dropped from 9.4% to 8.6%. Likewise, Marks and Spencer’s share also dropped – from 3.7% to 2.3%.
“Marks and Spencer has taken more organic products out of its range in a bid to have more of a value image,” Finn Cottle, acting trade director for The Soil Association told attendees.
On the other hand however, Waitrose has increased its share from 17.8% to 21.2%, as has Morrisons, from 6.6% to 7.1%.
Cottle explained: “Retailer strategies are swinging back to premium foods. They are back in growth again. All brands are spending huge amounts on organics and that is a sign of returning consumer confidence.”
Indeed, if this is the case, retailers like Asda and Marks and Spencer may need to re-think their “value” strategies.
Today (23 December) is just-food's last day before closing for Christmas. We'll return, raring to go on Tuesday 3 January - but of course there's been plenty of top-notch content that has gone live in...
The plethora of food manufacturing associations in the UK has been argued by some to be an impediment to the industry coming to a coherent position on the aftermath of Brexit and on what the sector sh...
An update on Amazon's plans for the grocery sector. The usually reticent retailer has this week poured cold water on claims it has plans for 2,000 physical grocery stores....
- just-food 2017 Survey - your thoughts on growth
- 2017 - what will shape the UK food sector?
- Food market in 2017: need-to-know US trends
- Food market in 2017: big foodservice trends
- Could BRF's Turkey move pave way for OneFoods IPO?
- Ferrero insists Nutella not pulled from shelves
- Dairy giant Muller appoints new CFO, COO
- Kellogg announces new "nutritious" line-up
- UK's Bakkavor plays down IPO "speculation"
- Kellogg's 1894 fund debut investment in Kuli Kuli