McDonald’s is the latest multinational to jump onto the organic bandwagon. The international fast-food chain announced that it is to start selling organic milk in its UK restaurants from February. This was followed by news this week that the multinational reported huge losses of USD 343.8 million in the last quarter of 2002. The company […]
Japan: Food Scares Spur Organic Food Sales
Another case of BSE was confirmed in Japan this month, bringing the total number of cases to six since the first was reported in September 2001. Sales of organic foods are expected to continue to rise as a result. Consumer demand for organic foods has been soaring since the BSE crisis started as they are […]
Hain Acquires Imagine Foods: Ramifications on European Non-Dairy Beverages Market
Introduction Consolidation in the organic food industry continues with Hain Celestial acquiring Imagine Foods this month. The acquisition of Imagine Foods by one of the largest American organic food companies is to have a big impact on the non-dairy products industry. Imagine Foods has grown to become one of the largest producers of soya-based and […]