Ethical Products Buck Recession, Gain 9% This Year

  • October 5, 2009
Despite the recession, the U.S. appetite for ethical products -- those that fulfill eco-friendly, natural, organic, local, humane, and fair trade criteria -- is still strong.

Packaged Facts estimates that sales of such products will register a 8.7% gain this year, to $38 billion. Overall, it reports that ethical products have been experiencing a compound annual growth rate of 14% during the last five years.

"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," PF reports.--Sarah Mahoney

Next story loading loading..