Washington, D.C.—For the first time, annual consumer purchases of organic products in the United States have topped $30 billion. At $31.5 billion, $29.22 billion of which went to organic foods and beverages with organic non-foods at $2.2 billion, the sector grew 9.5% in 2011 over the previous year.
In the fall of 2010, the U.S. Food and Drug Administration was petitioned by high-fructose corn syrup (HFCS) manufacturers for the allowance to change the name from HFCS to corn sugar. Now, a cohort of consumer groups is urging FDA to reject this pending request.
Berkeley, CA—Maker of organic macaroni and cheese and other organic comfort foods, Annie’s, Inc., based here, has had a successful initial public offering on the New York Stock Exchange. Stock prices climbed 89% on its first day of trading to nearly $40/share, raising $95 million for the company.
The 2012 Natural Products Expo West tradeshow was the largest in its 30-year history. Some 60,000 industry members attended the event, which ran March 8–11 at the Anaheim Convention Center. Show organizers said attendance of retail buyers grew 13% this year, which made for a good show, say many exhibitors.
Emeryville, CA—At mile 120 of a 175-mile bike ride in 1990, Clif Bar & Company founder, co-owner and co-CEO Gary Erickson came up with the idea for CLIF Bar. A short time later, he baked the first bar in his mother’s kitchen, and the rest is company history. 2012 marks the company’s 20-year anniversary, and it is marking the occasion with new product launches and events throughout the year for customers and retailers.
Atlanta, GA—After Coca-Cola Company alerted the U.S. Food and Drug Administration (FDA) in early January to the presence of the toxic substance carbendazim in its orange juice imported from Brazil, FDA began closely examining imports of orange juice from all over the world.