Global sales of organic food & drink reached 59 billion US dollars in 2010. Although growth has slowed since the financial crisis started in 2008, sales have continued to increase at a healthy pace.
Organic farming is practiced on every continent, however, demand for organic products is concentrated in two regions; North America and Europe comprise 96 percent of global revenues. The high degree of sales concentration highlights the disparity between production and consumption. Indeed, most organic food production in regions such as Africa and Latin America is export-geared. In contrast, some organic food markets such as those in Singapore and Japan are highly import-dependent.
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