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November 9, 2021

Breakfast-foods firm Nature’s Path buys majority of baking business Anita’s Organic Mill

Nature’s Path said it has been a customer of Anita’s Organic Mill for six years.

Privately-owned Canadian breakfast-foods maker Nature’s Path has acquired a majority stake in local flour supplier Anita’s Organic Mill.

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The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
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Terms were not disclosed. Nature’s Path already uses Anita’s Organic Mill’s flour in some of its products.

“We have been a customer of Anita’s Organic Mill since 2015 and have been using their flour in some of our top-selling products, like our Heritage Flakes and Flax Plus cereals,”

Arjan Stephens, the general manager of Nature’s Path, said. “We love Anita’s products and truly believe in them. We look forward to making Anita’s Organic Mill a baking staple in kitchens everywhere.”

Set up in 1997, Anita’s Organic Mill makes organic whole grain flours. It sells to professional bakers and consumers.

“There are so many synergies between Anita’s and Nature’s Path,” Jayda Smith, co-owner and general manager of Anita’s Organic Mill, said. “Just like Nature’s Path, we have dedicated ourselves to always being organic and non-GMO.”

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Free Report
img

What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

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