GlobalFoodExchange.com, the largest and most active business-to-business marketplace for the $800 billion global food trade, announces significant growth. GlobalFoodExchange.com is reporting the following numbers:

  • 3.3 million pounds of transactions
  • 1,600 registered users
  • 20 percent increase in registered users per week
  • 14 percent increase in number of transactions per week
  • 48 percent increase in transaction value from Feb - April

With a total of 3.3 million pounds of transactions since October and only two of five verticals trading at this time, GlobalFoodExchange.com is enthusiastic about their opportunity in the global food trade environment.

"We are aggressively setting the standards for the global food trade industry," said Mark C. Moore, co-founder and president of GlobalFoodExchange.com. "Our superior technology, dedicated customer service and services GlobalFoodExchange.com offers buyers and sellers is unsurpassed in the marketplace. We have more than 1,600 users increasing each week by 20 percent. We expect even a faster growth rate as we launch meat and dairy."

GlobalFoodExchange.com is increasing the breadth and reach of the industry by creating a more informed market and driving higher-quality and better value products to food companies and their customers worldwide.

Meat, Dairy & Specialty Commodities Coming Soon

Moore is confident that GlobalFoodExchange.com has just begun to ride the wave of global food trade e-commerce. In the upcoming weeks and months the company will launch meat, dairy and specialty commodity verticals, dramatically increasing the total transaction value as well as the number of transactions and their average dollar value.

"Our customers really see the value and we have repeat transactions in seafood and poultry," said Moore.

The number of transactions is growing for GlobalFoodExchange.com and has increased by 14 percent and the average transaction value has increased by 48 percent.

With Goldman, Sachs & Co., predicting agricultural business-to-business sales via the Internet reaching $123.6 billion by 2004, GlobalFoodExchange.com has grown quickly into the leadership position in the seafood and poultry markets. And, with their unique and comprehensive approach, the company is rapidly developing premier status in meat, dairy and specialty commodities.

Enhanced Function & Image

Moore goes on to state, "The industry expertise we have on staff, along with our revamped, reworked and re-energized Website enables a powerful online trading community. New capabilities and a new image -- a look and feel that directly reflects our creative and innovative approach to the global food trade will enable our customers -- buyers and sellers, as well as visiting media and analysts, the opportunity to fully explore the breadth and capability of GlobalFoodExchange.com. Whether it is market news or the job board we are focused on streamlining the inefficiencies and waste in the global food market by quickly connecting the right buyers and sellers. GlobalFoodExchange.com is a leader in developing a standard e-commerce platform for the entire food supply chain."

About GlobalFoodExchange.com

GlobalFoodExchange.com is the largest and most active business-to-business marketplace for the $800 billion global food trade. Founded in 1999, GlobalFoodExchange.com is viewed as the expert authority and creator of market information with highest rate of transactions for the entire food industry. Through superior technology and dedicated customer service, GlobalFoodExchange.com is bringing the efficiency of e-commerce to the large and highly-fragmented global food industry while preserving and enhancing crucial personal relationships. A full service solution, GlobalFoodExchange.com connects buyers and sellers of high-value food products in five key categories: poultry, seafood, meat, dairy and specialty commodities. For more information call 404-872-4489 or visit GlobalFoodExchange.com.