CANADA: Galaxy Nutritional Foods sees sales of Veggie meals up 27%
Orlando, Florida-based Galaxy Nutritional Foods, a producer of plant-based dairy alternatives, has revealed that sales of its Veggie® products to Loblaw Cos, Canada's largest food retailer, have increased 27% over the past year.
"Increased efficiencies and enhancements to several production lines have significantly expanded the number of Veggie brand products that we offer Loblaws," commented Angelo Morini, chairman and CEO: "The Canadian market has always been particularly strong for Galaxy since their market trends are in line with ours in the US.
"The fastest growing trend in the food business today is in our branded product category - natural and organic food products."
Earlier today [Wednesday] Galaxy introduced its Veggie Shreds in Cheddar and Mozzarella flavours, with a new package design, in two of Loblaw's four regional divisions: Ontario and Maritimes. The new packaging maintains a consistent brand identity for the Veggie line, and offers a convenient resealable, stand-up display pouch.
Companies: Loblaw Companies Ltd
As organic food continues to move into the mainstream, a wealth of companies, from the family-run to the multinational, are taking advantage of this popularity, with new products and line extensions. ...
The organic market appears to be going from strength to strength, especially if this year's BioFach exhibition is anything to go by. With over 2,000 exhibitors from 70 countries and more than 30,000 v...
Natraceutical, a spin-off of Spanish food group Natra-Zahor, has unveiled ambitious expansion plans, spurred on by growth in the functional foods market. With such high levels of interest in healthy f...
The Australian state of Victoria is investing in a programme to identify new opportunities for its food and agriculture industries. As part of this initiative the government conducted extensive resear...
Innovation is king - or is it? Fear of legislation or simple lack of imagination has depressed innovation in the food sector for a couple of years. Brand extensions and me-too copycats are not the sam...
The UK's largest organic sector body, the Soil Association will today (Tuesday) urge the new minister for organic food and farming, Lord Bach to support high welfare standards in organic poultry farmi...
The European Commission has asked European Union ministers that EU member states should continue to import organic meat and other foodstuffs freely for one more year until December 2006, whilst it est...
Functional food maker Lifeway Foods has announced the introduction of its new line of all natural, organic pudding under the name 'It's Pudding!.'...
- Analysis: Post discusses rationale for Weetabix
- Interview: Sir Kensington's on sale to Unilever
- Who will buy Danone's Stonyfield business?
- Column: Why snacking is the new meal
- Interview: "Disruptive" snack brand Hippeas
- Unilever buys US condiments maker Sir Kensington's
- Nestle organic growth slows but beats expectations
- Ice cream helps Unilever sales, food flat
- Suntory to offload Australia, New Zealand foods
- ABF buys UK sports nutrition firms H5, Reflex