Latest Research Shows Strong Consumer Demand for Org... ( Study released at global food conf...)

Latest Research Shows Strong Consumer Demand for Organic Foods

Date:6/24/2008

Study released at global food conference indicates that despite price

inflation, more consumers are buying healthy foods than ever before

SAN ANTONIO, Texas, June 24 /PRNewswire-FirstCall/ -- Today, Organic Alliance, Inc. (Pink Sheets: ORGC) highlights a new study released at the Healthy Foods International Exposition and Conference which indicates that more consumers than ever before are turning to healthy and organic foods. This comes at a time when US Consumer Confidence readings are reaching historic lows.

The study -- which solicited feedback from the industry and from more than 1,000 consumers in November 2007 and again in May 2008 -- found that respondents indicated they were spending approximately 7.7% more on healthy foods in May than they did in November -- $191.45 per household per month, compared with $177.69. "This appears to be both an acceptance of actual inflation in organic food prices and a deepening desire to find alternatives to conventionally produced goods," the study noted. The survey indicated that 97.7% of respondents spent a portion of their grocery budgets on healthy foods in May, up from 96.5% in November.

"The study supports what we are hearing from the major food companies," said Tom Morrison, Organic Alliance CEO. "Today's consumer is highly motivated to consume healthy, organic foods and will pay the premium for the inherent benefits," said Morrison. "Organic Alliance is prepared to help the food manufacturers and retailers meet this demand through our existing and future global organic strategic sourcing arrangements," stated Morrison.

About Organic Alliance

Organic Alliance intends to become one of the world's leading providers of USDA certified organic crops to many of the country's leading consumer package goods manufacturers, food processors, grocery, and retail restaurant chains. Organic Alliance sources top quality, safe tested and certified organic at the source -- prior to custom
'/>"/>

0

GOOD

Page: 1 2
Related medicine news :

1. Cardiologist Praises Latest Resveratrol/Red Wine Research
2. The DataTrace(R) RF System, the Latest High Performance Radio Data Logger for Real-Time, Process Data Collection, Reporting, and Analysis Is Launched
3. Agilysys Announces Latest Version of Lodging Management System(R) (LMS)
4. Cardiva Medical, Inc. to Present at the Investment In Innovation (In3) Medical Device Summit on June 18, 2008 in San Francisco, CA; Announces the Completion of Its Latest Phase in Its US Sales Force Expansion
5. Latest research on allergies: Specific immunotherapy can help
6. Service Employee Unions Latest Attack on RNs Parrots McCains Attack on Obamas Health Plan
7. Latest Advances in Infection Prevention and Control to be Presented in Denver, CO at Worlds Largest Annual Infection Prevention Conference, June 15-19, 2008
8. Can SonicMood Help to Significantly Lower High Blood Pressure? The Latest Research Answers With a Resounding YES!
9. NEW DATA FOR PAZOPANIB - GSKS LATEST INVESTIGATIONAL ANTI-CANCER AGENT - SHOWS PROMISE ACROSS MULTIPLE CANCERS
10. NYP/Weill Cornell physician-scientists present latest cancer findings at ASCO meeting
11. Coveting the Latest Clutch? Bid on a Bag and Help Fight Ovarian Cancer

Post Your Comments:

Latest Research Shows Strong Consumer Demand for Org...( Study released at global food conf...),Health