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 […]
USA: Market Growth Stifled by Undersupply
American consumers can’t get enough organic foods with producers unable to meet demand. As a result most sectors of the organic food industry are suffering undersupply, which is stunting market growth. Shortage of organic products is making producers look outbound for raw materials. Increasing volume of organic fruit, vegetables, grains, seeds, beans, and herbs are […]
UK: Organic Milk Shortages Begin
The UK organic dairy market is starting to experience undersupply again after four years of oversupply. Consumer demand for organic milk is exceptionally high this year with many retailers reporting sales growth in excess of 30%. Growing consumer awareness of the health benefits of organic milk is driving market growth. Various scientific studies are showing […]