Ukrainian organic products market: state and prospects of development

  • 296 Views
  • 10 Downloads

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License

The development of the organic market in the world requires conducting a research on the problems that accompany this process. Such studies are becoming more popular and apply not only to organic products market at the global level, but also at the local level. In order to identify global problems, the state and trends of the organic products markets in the USA, Germany, France, Britain as the biggest national markets were analyzed on the basis of the data characterizing the state of organic products market in Ukraine and in the world, provided by the Research Institute of Organic Agriculture (FIBL) and the International Federation of Organic Agricultural Movements (IFOAM). The research of the state and trends of the Ukrainian organic market and agricultural production development was conducted, and using the SWOT analysis methodology and the principles laid out in the PEST analysis, its strengths and weaknesses, opportunities and threats were identified. Within each element, social, environmental, economic and financial constituents have been grouped, providing a possibility to understand which factor is determining in terms of sustainable development. It enabled to make a conclusion that the Ukrainian market remains small in size, entailing significant risks, first of all, for producers, as its further development requires a significant all-round support from the state both from the financial point of view and from the point of view of active promotion of sustainable development ideas and education of the population on the importance of consuming quality products, taking care about their health and, as a result, contributing to the improvement of the environment.

view full abstract hide full abstract
    • Fig. 1. Growth pace and trends of main indicators of organic products market development in the world
    • Fig. 2. Specific weight of the market of separate countries in the world organic products market
    • Fig. 3. Organic products consumption per capita, euros
    • Table 1. Results of the SWOT analysis of the Ukrainian organic products market development