Organic food

DGAP-News: Cliq Digital AG: Strongest first half-year ever, Customer Base Value up by 29%

Retrieved on: 
Tuesday, August 3, 2021

In 2021, CLIQ Digital expects strong organic growth in gross revenue, EBITDA and marketing spend (the main value driver, which directly influences all other performance indicators).

Key Points: 
  • In 2021, CLIQ Digital expects strong organic growth in gross revenue, EBITDA and marketing spend (the main value driver, which directly influences all other performance indicators).
  • The CLIQ Factor is expected to amount to around 1.60x for the full year 2021.
  • With games we introduced a new content category and further improved our content offering as well as closed an important corporate transaction to substantially boost our EPS.
  • We are all very excited about the fundamentals and opportunities provided in the second half and we are gaining further traction."

Shaking Up Distribution: ePallet Adds Former Whole Foods Market Senior Executive to Its Board of Directors

Retrieved on: 
Monday, August 2, 2021

Schall, who has more than three decades of senior management experience with a number of leading food companies, will collaborate closely with ePallet's executive team.

Key Points: 
  • Schall, who has more than three decades of senior management experience with a number of leading food companies, will collaborate closely with ePallet's executive team.
  • The company offers a wide selection of natural, organic, specialty, and conventional food, beverage, and other consumer products, with no hidden costs.
  • By adding him to ePallet's Board, we will receive key insights from his successful career as a brand builder, merchant and operating executive.
  • Currently Managing Director of Focal Point Partners, Mike most recently served as Senior Coordinator for the Global Growth & Business Development Team at Whole Foods Market.

Where Food Comes From, Inc. Schedules 2021 Second Quarter Conference Call

Retrieved on: 
Friday, July 30, 2021

CASTLE ROCK, Colo., July 30, 2021 (GLOBE NEWSWIRE) -- Where Food Comes From, Inc. (WFCF) (Nasdaq: WFCF), the most trusted resource for independent, third-party verification of food production practices in North America, today announced it will release its 2021 second quarter financial results before the market opens on Thursday, August 5, 2021, and conduct a conference call the same day at 10:00 a.m. Mountain Time (12:00 p.m. Eastern).

Key Points: 
  • CASTLE ROCK, Colo., July 30, 2021 (GLOBE NEWSWIRE) -- Where Food Comes From, Inc. (WFCF) (Nasdaq: WFCF), the most trusted resource for independent, third-party verification of food production practices in North America, today announced it will release its 2021 second quarter financial results before the market opens on Thursday, August 5, 2021, and conduct a conference call the same day at 10:00 a.m. Mountain Time (12:00 p.m. Eastern).
  • Dial-in numbers for the conference call:
    A telephone replay of the conference call will be available through August 26, 2021, as follows:
    About Where Food Comes From, Inc.
    Where Food Comes From, Inc. is Americas trusted resource for third party verification of food production practices.
  • Through proprietary technology and patented business processes,the Company supports more than 15,000 farmers, ranchers, vineyards, wineries, processors, retailers, distributors, trade associations, consumer brands and restaurants with a wide variety of value-added services.Through its IMI Global, Validus Verification Services, SureHarvest, WFCF Organic (previously known as A Bee Organic), International Certification Services and Postelsia units, Where Food Comes From solutions are used to verify food claims, optimize production practices and enable food supply chains with analytics and data driven insights.In addition, the Companys Where Food Comes From retail and restaurant labeling program uses web-based customer education tools to connect consumers to the sources of the food they purchase, increasing meaningful consumer engagement for our clients.

All-natural and Organic Ingredients Unlock Lucrative Growth Prospects in Infant Formula Ingredients Space

Retrieved on: 
Thursday, July 29, 2021

SANTA CLARA, Calif., July 29, 2021 /PRNewswire/ -- Frost & Sullivan's recent analysis, Global Infant Formula Ingredients Growth Opportunities, finds that the global infant formula ingredients market expands steadily as the demand for high-quality infant formula products that can closely mimic the breast milk composition is on the rise. The market is estimated to hit $8.21 billion by 2025 from $6.37 billion in 2020, an uptick at a compound annual growth rate (CAGR) of 5.2%. Additionally, the growing demand for organic and plant-based infant formulas from health-conscious consumers gives further impetus to the overall industry's growth presenting lucrative growth prospects across the non-allergenic and non- genetically-modified organisms (GMO) plant protein ingredients space.

Key Points: 
  • Additionally, the growing demand for organic and plant-based infant formulas from health-conscious consumers gives further impetus to the overall industry's growth presenting lucrative growth prospects across the non-allergenic and non- genetically-modified organisms (GMO) plant protein ingredients space.
  • "Going forward, across different infant formula segments, volume growth is primarily from the specialty infant formula category, with growing-up/toddler milk estimated to account for a majority of the bulk demand for ingredients, primarily due to its sheer volume.
  • Sharmaadded: "Regulations across the infant formula space are predicted to play a significant role in shaping market dynamics.
  • Moreover, proposed changes in the infant formula national standards (GB standards) in Chinaone of the leading markets of infant formula productsare anticipated to impact the market significantly.

All-natural and Organic Ingredients Unlock Lucrative Growth Prospects in Infant Formula Ingredients Space

Retrieved on: 
Thursday, July 29, 2021

SANTA CLARA, Calif., July 29, 2021 /PRNewswire/ -- Frost & Sullivan's recent analysis, Global Infant Formula Ingredients Growth Opportunities, finds that the global infant formula ingredients market expands steadily as the demand for high-quality infant formula products that can closely mimic the breast milk composition is on the rise. The market is estimated to hit $8.21 billion by 2025 from $6.37 billion in 2020, an uptick at a compound annual growth rate (CAGR) of 5.2%. Additionally, the growing demand for organic and plant-based infant formulas from health-conscious consumers gives further impetus to the overall industry's growth presenting lucrative growth prospects across the non-allergenic and non- genetically-modified organisms (GMO) plant protein ingredients space.

Key Points: 
  • Additionally, the growing demand for organic and plant-based infant formulas from health-conscious consumers gives further impetus to the overall industry's growth presenting lucrative growth prospects across the non-allergenic and non- genetically-modified organisms (GMO) plant protein ingredients space.
  • "Going forward, across different infant formula segments, volume growth is primarily from the specialty infant formula category, with growing-up/toddler milk estimated to account for a majority of the bulk demand for ingredients, primarily due to its sheer volume.
  • Sharmaadded: "Regulations across the infant formula space are predicted to play a significant role in shaping market dynamics.
  • Moreover, proposed changes in the infant formula national standards (GB standards) in Chinaone of the leading markets of infant formula productsare anticipated to impact the market significantly.

Rritual Superfoods Chosen to Participate in Kroger Natural & Organic Innovation Summit

Retrieved on: 
Thursday, July 29, 2021

VANCOUVER, BC, July 29, 2021 /PRNewswire/ -Rritual Superfoods Inc. ("Rritual" or the"Company") (CSE: RSF) (FSE: 0RW) (OTC: RRSFF)is excited to announce that the Company has been chosen to participate in the Kroger Natural & Organic Innovation Summit, a highly exclusive opportunity to meet with top buyers on a direct basis.

Key Points: 
  • VANCOUVER, BC, July 29, 2021 /PRNewswire/ -Rritual Superfoods Inc. ("Rritual" or the"Company") (CSE: RSF) (FSE: 0RW) (OTC: RRSFF)is excited to announce that the Company has been chosen to participate in the Kroger Natural & Organic Innovation Summit, a highly exclusive opportunity to meet with top buyers on a direct basis.
  • "Kroger, the top grocer in the USA, is holding a focused summit on natural & organic products in an effort to bring the best of the best to their customers, and we are thrilled that Rritual has been chosen to participate," said Mr. David Kerbel, Rritual Superfoods CEO and Director.
  • The Kroger Natural & Organic Innovation Summit is an exclusive event where approximately 65 buyers meet one on one with selected brands, including Rritual Superfoods, and where Rritual's sales team will have the opportunity to share in-depth knowledge on product characteristics and benefits and discuss the growing superfoods category.
  • Rritual is a fast-growing functional superfood company that creates natural wellness products which support a holistic approach to a healthy lifestyle.

DGAP-News: TAKKT AG: TAKKT achieves strong organic growth in the second quarter

Retrieved on: 
Thursday, July 29, 2021

With an increase in sales of 24.6 percent, TAKKT achieved the strongest organic growth in the company's history in the second quarter.

Key Points: 
  • With an increase in sales of 24.6 percent, TAKKT achieved the strongest organic growth in the company's history in the second quarter.
  • Organically, sales for the second quarter is around two percent below the pre-crisis levels of 2019.
  • Looking to the second half of the year, TAKKT expects further strong organic growth.
  • Since the comparison basis is increasing significantly, future growth rates will be lower than in the second quarter.

Momentum for advancing organic standards builds in Congress

Retrieved on: 
Tuesday, July 27, 2021

“The federal regulatory apparatus has fallen behind the evolving organic sector, and has slowed innovation and improvement within the industry. This legislation corrects the course forward,” said Laura Batcha, CEO and Executive Director of the Organic Trade Association. “Our fly-in drove home to lawmakers the fact that the unique private-public partnership of organic and the federal government has made our organic system the gold standard for food and agricultural systems, and that we need to get that partnership back on track.”The CIAO bill has been endorsed by more than 55 organic farmers, businesses, consumers and environmental organizations, with a co-sponsor list that’s grown to 16 since its introduction. The National Organic Standards Board has also expressed unanimous support for the bill, saying the legislation respects the work of NOSB in clarifying and updating national organic standards. More than 50 current and former NOSB members have endorsed the bill.The legislation directly addresses the challenges of organic over the past two decades and provides a clear way to ensure the federal government keeps up with the organic market. It lays out a road forward for organic through three areas: it requires USDA to clear the backlog of stalled organic standards put forth by the industry and recommended by the National Organic Standards Board; it establishes a new framework for advancing future organic standards; and it ensures consistent application of new standards from organic certifiers.Participants in last week’s virtual fly-in came from all points of the organic supply chain and mirrored the diversity of organic--organic grain farmers and dairy and poultry producers, organic processors and consumer brands, organic flavor makers and fertilizer producers, organic certifiers and organic fiber stakeholders.

Key Points: 
  • Fifty members of the Organic Trade Association representing the entire organic supply chain recently met virtually with some 30 lawmakers to make sure that the organic sectors remarkable advancement continues.
  • The National Organic Standards Board has also expressed unanimous support for the bill, saying the legislation respects the work of NOSB in clarifying and updating national organic standards.
  • It lays out a road forward for organic through three areas:it requires USDA to clear the backlog of stalled organic standards put forth by the industry and recommended by the National Organic Standards Board; it establishes a new framework for advancing future organic standards; and it ensures consistent application of new standards from organic certifiers.
  • OTA is the leading voice for the organic trade in the United States, representing over 9,500 organic businesses across 50 states.

Exel Industries :Third quarter 2020-2021 revenue : A sustained growth rate of 18.4%, in line with our expectations.

Retrieved on: 
Tuesday, July 27, 2021

Like-for-like sales were 252.6 million, giving organic growth of 20.1%, even though the end of Q3 2019-2020 was bolstered by an emerging recovery.

Key Points: 
  • Like-for-like sales were 252.6 million, giving organic growth of 20.1%, even though the end of Q3 2019-2020 was bolstered by an emerging recovery.
  • 2020-2021 annual revenue should reach a record high, even if the wet weather in July weighs slightly on sales.
  • The goal of EXEL Industries is to expand in its markets through a policy of constant innovation and an international growth strategy.
  • EXEL Industries employs approximately 3 544 people spread across 27 countries and five continents.

Worldwide Organic Meat Products Industry to 2030 - Players Include Arcadian, Danish Crown and Tyson Foods Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, July 27, 2021

The increasing inclination of consumers towards organic products is anticipated to boost the demand for organic meat products market.

Key Points: 
  • The increasing inclination of consumers towards organic products is anticipated to boost the demand for organic meat products market.
  • Organic meat has gained importance in recent years, and the rising demand for organic food is projected to drive the demand for organic meat products over the forecast period.
  • The prices of organic meat products are comparatively higher than that of conventional meat products and this factor is likely to hinder the growth of the market.
  • In March 2019, Applegate, the leading natural and organic meat company, announced the launch of the company's new products at Natural Products Expo West 2019.