Global sales of organic food & drink are soaring, however supply-related problems are expected to increase as production becomes international. Exceptionally high market growth rates are causing demand to outpace supply. The North American region is the most adversely affected with food manufacturers and retailers grappling to find adequate supply of organic products. American companies […]
Global Organic Meat Supply Tightens
Surging demand for organic meats is causing global supply to tighten. A number of regions are reporting undersupply due to organic meat production not keep pace with demand. The most affected region is North America where supply has been unable to meet demand since the USDA implemented the National Organic Program (NOP) in 2002. Organic […]
Europe: The Emergence of Stonyfield Farm
Stonyfield Farm, the world’s largest organic yoghurt producer, is building a platform for European expansion by investing in an Irish dairy. It has acquired a 37% stake in Glenisk via its newly formed subsidiary, Stonyfield Europe. The subsidiary is majority owned by the multinational Danone, which also has 80% equity in Stonyfield Farm. The French […]
UK: Body Shop Acquisition Opens up Market Opportunities
The acquisition of The Body Shop by L’Oreal is likely to open up opportunities for natural & organic personal care product companies. L’Oreal has agreed to purchase the British retail chain of natural-based cosmetics for GB £652 million (EUR 945 million). The French cosmetics giant owns a plethora of brands that include Lancome, Garnier and […]
UK: New Functional Beverages Look to Emulate Success of Soya Drinks
The success of soya drinks in the UK is expanding the functional drinks market with two new product launches this month. Tesco has launched functional milk under its private label whilst Pepsico has added a novel functional juice to its Tropicana range. Like soya drinks, the new functional drinks contain sterols that actively lower cholesterol […]