Despite growing interest in organic products by UK
consumers, it is feared that the sector could suffer the
effects of the credit crunch.
According to Sky News, TNS data has revealed that there
was slowdown in sales over the month of April.
This is the first month in the year that sales have not
advanced on 2007 figures, the TNS figures show.
However, Andrew Opie from the British Retail Consortium
is forecasting a continued growth in the organics
category, although food price hikes and global financial
problems are likely to play some part.
"I think the interesting thing to watch next year is the
rate of that growth compared to previous years where we
are seeing price becoming a much bigger factor than its
been in previous years," he said.
The Fairtrade Labelling Organisation International
recently revealed that UK sales of Fairtrade sales grew
by 72 per cent in the past year.
|