Tuesday, June 15, 2010

North American Organic-Coffee Demand Rose in 2009, Analyst Says

"June 15 (Bloomberg) -- Imports of organic coffee into the U.S. and Canada exceeded 93 million pounds last year and demand is rising, said market researcher Daniele Giovannucci, citing a survey of 56 retailers and roasters.
The $1.4 billion organic-coffee market expanded by 4.1 percent this past year and an average 21 percent annually for the past five years, compared with estimated 1 percent growth in the “conventional coffee industry,” Giovannucci said in a statement on the PRWeb website. Green Mountain Coffee Roasters Inc. was among the companies surveyed, according to Giovannucci."

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