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Singapore's Organic Foods Appetite Growing
SINGAPORE - Feb 10/04 - SNS -- Interest in organic foods is expanding in Singapore and has entered a period of rapid growth as sellers continue finding new consumers willing to try organic foods.
This is expected to result in 20% a year growth in consumption rates as the industry quickly expands beyond its estimated 50,000 regular customers.
Singapore imports most of the organic food, with limited organic vegetables supplied by domestic organic farms. Australia dominates the organic fresh produce market, reports the U.S. agricultural attache here, while the US leads in most other organic products.
Thailand and Malaysia may also be emerging as alternative sources of organic produce due to their proximity to Singapore. Market opportunities identified include Asian-flavored and gluten- and wheat-free organic food.
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