Sales growth of natural, organic products continues to drop but holds long-term promise

Sales growth of natural, organic products continues to drop but holds long-term promise

Despite this slow down, industry sales in the US are coming off a stronger base compared to pre-pandemic and set to surpass $300b by 2024 and $400b by 2030 – up from the 7.7% increase in 2021 to $274b, Carlotta Mast, senior vice president and market leader at New Hope, told a packed room of … Read more

‘We’ve seen a lot of retailers pull back tremendously [from fresh baby food]’

'We’ve seen a lot of retailers pull back tremendously [from fresh baby food]'

According to Regina Lee Fechter, vice president of innovation and e-commerce at Happy Family Organics, which makes non-perishable products for pregnant mothers and babies to infants, toddlers and toddlers, the overall fresh baby food market has not performed as well as some retailers and gamers in the space may have waited. “We’ve seen a lot … Read more

General Mills talks growth of natural and organic segment

General Mills talks growth of natural and organic segment

Increased sales of the natural and organic products segment are forecast for 2021 + 6.6% to $ 271 billion and expected to exceed $ 300 billion by 2023, Outperforming Total Food and Beverage Growth, According to New Hope. Speaking to FoodNavigator-USA, Priscilla Zee, director of General Mills’ organic and natural products portfolio business unit that … Read more

Organic sales surge as consumers look for healthy options to eat at home during the pandemic

Organic sales surge as consumers look for healthy options to eat at home during the pandemic

Within organic products, food and beverage sales increased 12.8% in 2020 to $ 56.4 billion, almost three times the growth of 4.6% to $ 50 billion in 2019 and the highest since 2008, OTA found in its 2021 Organic Industry Survey of nearly 200 companies conducted by the Nutrition Business Journal and published today. The … Read more