There is a certain type of consumer that will continue to pay premium prices for food:
Despite Economic Dip, Organic Food Sales Soar
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By Betsy Cummings
If there's a recession, organic food doesn't know it.
Even in a down economy, green consumers have shown a willingness to pay more for organic, natural or environmentally-friendly products, per a study released last week by the Natural Marketing Institute and The Nielsen Co. (which is parent to Brandweek).
The Lifestyles of Health and Sustainability (or LOHAS) consumers are top spenders in many consumer packaged goods categories. READ MORE Sphere: Related Content
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