Believe this or not, the world today is probably more inclined to organic food than anytime before in history. With fitness freaks emerging from almost every turn you take and vegans growing in numbers, the organic food market is expected to soar in the coming years.
In this market, three big companies look the most promising in terms of growth and returns. Before we unveil these three companies, you should know that these companies alone hold 10.6% of the total organic food market share and considering their rising popularity, this number is expected to only grow from here. If you’re an investor. Look out for these following companies:
1. General Mills
General Mill acquires Cascadian Farm and Muir Glen. Cascadian Farm offers frozen fruits, potatoes, and other fresh vegetables, besides granola bars and organic cereals. It holds 1% of the total organic market share.
On the other hand, Muir Glen is tasked with offering pasta sauce ketchup, diced tomatoes, and more. It holds 0.7% of the total market share, making General Mills reaching out to 1.7% of the total organic food market.
2. Hain Celestial Group
In this list, Hain Celestial Group acquires the most number of companies in the organic food market. Earth’s Best, Health Valley, Arrowhead Mills, and Garden of Eatin’. Together, these produce nutrition bars, natural tortilla chips, confectioneries, and more. Hain Celestial reaches out to 4.7% of the total organic food market share.
3. WhiteWave Foods
This company may not have the highest market share on this list. However, it owns two organic giants in the market. One of them is Horizon Organic, which produces dairy products such as cheese, yogurt, and more.
Another producer is Earthbound Farm, which mainly produces fresh fruits and vegetables. These two organic food giants alone make WhiteWave Foods hold 5.4% of the total market share.
So which one should you rather invest in? It’s tough to predict it that way! The way in which the organic food market is soaring in the modern era, any or all of these companies could largely benefit from their strong market shares. However, if you had to pick one, WhiteWave Food does look the more promising bet since they own two of the biggest organic food producers in the market.