Sales of organic foods in the US hit US$47 billion in 2016, with the industry forecasted to grow at 14% to 2021. With a strong balance sheet, plans to cut US$350 million in costs over 3 years, and inventory optimisation in their quest to refocus their business on their top 500 products, find out why we invest in this organic food and personal care company.
This information does not take into account your personal objectives, financial situation or needs. You should consider if the relevant investment is appropriate having regard to your own objectives, financial situation and needs.
Demand for health and organic food has soared over recent years according to major retailers as shoppers put quality before price in their quests to live a more healthy and holistic lifestyle.
Significantly, sales of organic produce appear to be rising across all sectors, not just fruit and vegetables. An increasing number of consumers are buying organic fish, dairy produce and grocery items, such as olive oil, pasta and cooking sauces.
Enter this leading natural, organic food and personal care products company which we explore in our Stock Snapshot.
This company manufacturers, markets, distributes and sells organic and natural products under brand names that are sold as “better for you” products, providing consumers with the opportunity to lead a healthier life.
The company sells its products through specialty and natural food distributors, supermarkets, natural food stores, mass-market and e-commerce retailers, food service channels, drug and convenience stores in over 80 countries worldwide.
Find out who this company is and why we believe that it will bear the fruit of its multi-year inventory and cost rationalisation programs for years to come. Access the full article plus the investment insights, sign up to AtlasTrend today – sign up for a free 30 day trial.