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 fresh produce sales in 2020 were approximately $ 8.5 billion, an increase of more than $ 1 billion from 2019, and accounted for 12% of all fresh produce sales, according to Nielsen scan data provided in the Organic Produce Network Report. In comparison, sales of conventional products increased 10.7% during the year. Like many … Read more
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
Despite the pandemic, and in some way because of the pandemic, [2020 was an] amazing year for us … with total industry sales growing 12.7% to $ 256 billion ”,Carlotta Mast, Senior Vice President and Market Leader for New Hope, said yesterday at the Natural Products Expo East in Philadelphia. He explained to in-person and … Read more