WASHINGTON — Organic is no longer a niche market. This sentiment was expressed by several stakeholders from the organic industry at the recent US Department of Agriculture’s annual Agricultural Outlook Forum. One of those stakeholders, Ryan Koory, vice president of economics at Mercaris, a data mining and trading platform company for the organic industry, said … Read more
KANSAS CITY – The market has an appetite for healthier chocolates and candies, a trend underscored by strategic transactions and new product launches announced throughout the year. In June, the Hershey Co. paid $ 425 million to acquire Lily’s, a brand of low-sugar chocolate products. Lily’s markets a variety of chocolate bars, baking chips and … Read more
PHILADELPHIA – The natural products industry has the size, scale and influence to create a positive impact for people and the planet, said Carlotta Mast, senior vice president of the New Hope Network. Sales of natural and organic products, including food and beverages, supplements, personal and household care categories, are on track to exceed $ … Read more
WASHINGTON – Organic food sales in the United States increased by a record 12.8% in 2020 to a new record of $ 56.4 billion, according to the Organic Trade Association. Nearly 6% of the food sold in the United States last year was certified organic, reflecting strong demand driven by the pandemic in nearly every … Read more