Report Buyer, the online destination for business intelligence for major industry sectors, has now added a new report on the potential of the ethical consumer products market to its collection. “Ethical Consumers and Corporate Responsibility: The Market and Trends for Ethical Products in Food and Beverage, Personal Care and Household Items,” forecasts that U.S. retail sales of grocery products making some form of ethical claim will grow from nearly $33 billion in 2006 to more than $57 billion in 2011.
Americans are increasingly using purchasing power to show their ethical concerns. This conscientious consumerism is most in evidence in upscale and premium products and food and beverages dominate retail sales of ethical products taking an 82% market share. Sales of organic, hormone-free, eco-friendly, locally-grown, cruelty-free, and other ethical products are on the increase.
Major corporations have taken note of ethical products’ broad appeal. Manufacturers are creating entirely new ethical product lines and corporations are going green in an effort to build consumer confidence and get a piece of the ethical pie.
This detailed report provides essential analyses of the hottest and emerging ethical trends. It includes comprehensive market outlooks, profiles of key industry players, and the impact of Big Business on the market.
“Ethical Consumers and Corporate Responsibility: The Market and Trends for Ethical Products in Food and Beverage, Personal Care and Household Items” is available in pdf format from Report Buyer.
Report Buyer Product ID: PKF00043
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