Consumer interest in social justice and traceability has supported the growth of the global fair trade market as measured by its increasing market share and number of product launches. Analysis of 6,423 fair trade food, beverage, health and beauty products launched in over 40 countries found the largest categories were hot beverages, skin care products and chocolate confectionery, with most certified by affiliates of Fair Trade Labeling Organizations International or following fair trade practices. However, diversity in standards across certifying bodies may confuse consumers and diffuse the market benefits of fair trade certification.
Consumer interest in social justice and traceability has supported the growth of the global fair trade market as measured by its increasing market share and number of product launches. Analysis of 6,423 fair trade food, beverage, health and beauty products launched in over 40 countries found the largest categories were hot beverages, skin care products and chocolate confectionery, with most certified by affiliates of Fair Trade Labeling Organizations International or following fair trade practices. However, diversity in standards across certifying bodies may confuse consumers and diffuse the market benefits of fair trade certification.
Consumer interest in social justice and traceability has supported the growth of the global fair trade market as measured by its increasing market share and number of product launches. Analysis of 6,423 fair trade food, beverage, health and beauty products launched in over 40 countries found the largest categories were hot beverages, skin care products and chocolate confectionery, with most certified by affiliates of Fair Trade Labeling Organizations International or following fair trade practices. However, diversity in standards across certifying bodies may confuse consumers and diffuse the market benefits of fair trade certification.
Consumer Interest in Social Justice and Traceability
Supported Growth of Global Fair Trade Market
Measured by Market Share and Number of Product Launches Fair Trade Product Launch Data 6,423 Food, Beverage, and Health and Beauty Products Launched in Over 40 Countries Descriptive and Comparative Analysis Type of Fair Trade Claim Certifying Organization (if any) Product Categories Fair Trade Categories Hot Beverages Skin Care Products Chocolate Confectionery Certifying Bodies in Fair Trade Industry Dozens of Certifying Bodies Each with its Own Standards Majority of Products were Certified 50% Certified by Affiliates of Fair Trade Labeling Organizations International (FLO-I) Significantly Share of Innovations Only Followed Fair Trade Practices or Supported Procurement Strategies Differences in Fair Trade Standards Across Certification Organizations Diversity in Composition and Sourcing Standards May Confuse Consumers May Diffuse Market Benefits