Hains Celestial sells French organic food company

  ANDIRAN, France - Danival, an organic food company located in South West France, was officially acquired by the multinational food company Wessanen, which is based in Amsterdam, Netherlands. According to a statement released by Wessanen, Danival, a certified Sustainable Organic Company (BioED®), which employs approximately 120 people, has promoted sustainable local development for over …

Korean firm acquires $29.29 million stake in online organic grocer Thrive Market

LOS ANGELES - Online organic and natural foods grocer Thrive Market, based in Los Angeles, California, sold a $29.29 (US) million stake in its firm to Seoul, Korea-based GS Retail, according to The Korea Herald. The Korean firm, parent company of GS25 convenience stores and GS Supermarket, is looking to not only learn from Thrive’s …

FoodChain ID expands into organic certification

FAIRFIELD, Iowa – Organic certification options were recently added to FoodChain ID’s portfolio of services based on client requests for the ability to consolidate the certification process into a one-stop approach. FoodChain ID, formerly known as Global ID Group, is one of the largest global entities in food safety, testing, and verification and it said …

Organic food demand expected to grow global market over 14% annually for next 5 years

The global organic food market is poised for dramatic growth over the next five years, according to the "Global Organic Food Market - Forecast and Opportunities, 2011-2021" report from Research and Markets. The global market for organic food is projected to grow at an annual rate of over 14% during 2016-2021, due largely to the …