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Guelph, Ontario – October 3, 2024 – The Organic Council of Ontario (OCO), in collaboration with the Canadian Organic Trade Association (COTA), has released the 2024 Ontario Organic Market Report. The report provides a detailed analysis of organic production and market trends, utilizing Nielsen IQ data to highlight Ontario’s position in Canada’s growing organic market.

Ontario is home to 18.9% of Canada’s organic operations, with over 343,828 acres managed by more than 1,000 primary producers. The province has 507 processors and carriers, along with 232 livestock operators. In 2023, Ontario’s organic food and beverage market surpassed $1.141 billion, accounting for 38% of national organic market sales.

“The organic market in Ontario continues to experience significant growth driven by consumer demand, especially in categories such as fresh meat, poultry, and dairy,” said Carolyn Young, Executive Director of OCO. “This growth reflects an increasing preference for organic options, motivated by health and Sustainability concerns.”

The report also highlights Ontario’s dominance in the national organic legume market, accounting for more than 49% of sales of fresh and dried organic legumes. Fresh legumes and peas represent 64% and 46% of national sales, respectively, achieving this despite a decrease in prices in 2023.

“The organic sector is facing challenges due to inflation; however, some products are showing resilience by maintaining stable prices,” said Krysten Cooper, Chair of the OCO Board. “This presents a unique opportunity for growth, particularly as the lines between organic and conventional prices continue to blur.”

Other noteworthy findings include a 41% compound annual growth rate (CAGR) in tofu and meat alternatives, indicating a strong consumer shift towards plant-based diets. The report also emphasizes an increase in the market share of organic products from 3.1% to 3.4% nationally between 2021 and 2023.

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Source: Tarım Haberleri