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Despite the economic downturn of 2008-2009, ethical grocery products are continuing to make headway in the market, especially when contrasted with the relatively flat market for conventional groceries. Indeed, by many accounts, consumer demand is steadily increasing for products that fulfill eco-friendly, natural, organic, local, humane, and fair trade criteria. Major marketers and retailers are increasingly tapping into this trend by offering more ethical products, upping their corporate responsibility efforts through energy-efficient “green” facilities and sustainable business practices, and increasing their associated cause-related marketing efforts.
Underpinning market advancement is ongoing strong consumer demand for products perceived to be healthier and safer. According to Packaged Facts’ February 2009 consumer poll, approximately one-fourth of U.S. adult shoppers frequently buy certified organic food or beverage products, and one-third are usually willing to pay more for organic foods—even in the midst of economic recession. Featuring exclusive consumer data from this survey, the report homes in on food and non-food purchasing trends as well as attitudes and demographic characteristics of ethical product purchasers.
Building on the analysis presented in the previous edition, the report also examines key issues and trends affecting the marketplace across two classifications—Foods & Beverages, and Non-Food Products—with the latter defined as encompassing personal care products (cosmetics, skin care, hair care, etc.) and household products (paper goods, diapers, detergents, cleaning products, light bulbs, etc.). Coverage includes historical and projected retail sales estimates from 2005 through 2014, case studies of key marketers and retailers, and trends in new product development and competitive positioning. Also covered are government regulations and certifying organizations, mergers and acquisitions, retail trends, eco-conscious demographic profiles, and international trends.
Additional data sources include Information Resources, Inc.’s InfoScan Review for the mass-market channel, Datamonitor Product Launch Analytics data tracking new product introductions, and Experian Simmons data profiling consumer attitudes and product purchasing behavior.
Read an excerpt from this report below.
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