Chicago, IL—MarketsandMarkets published a new report on the global plant extracts market, estimating the value of that market at $23.7 billion in 2019, and projecting that it will reach $59.4 billion by 2025, at a CAGR of 16.5% over that time period. Factors driving the market include: Rapidly growing demand...
San Francisco, CA—The global herbal supplements market is expected to reach $8.5 billion by 2025, according to a new report by Grand View Research. From 2018 to 2025, it is expected to expand at a CAGR of 6.2%. The market will be driven by a growing geriatric population and awareness...
Valley Cottage, NY—Eggshell membrane powder consumption is likely to grow 6% year-over-year by the end of 2019, according to a report from Future Market Insights. The trend of repurposing biowaste is gathering considerable force on a global level, the report suggests, contributing to the use of eggshell membrane powder across...
U.S. retail sales of plant-based foods have grown 11% in the past year to $4.5 billion, according to data released by the Plant Based Foods Association (PBFA) and The Good Food Institute. The retail food market, for comparison, has grown 2% in dollar sales in the same period. [caption id="attachment_66633"...
Auburn, WA—The Gluten Intolerance Group (GIG) announced in a press release that it certified 108 products from 14 brands through its Gluten-Free Certification Organization (GFCO) program in May and June. The mounting importance of gluten-free certification has caused more consideration of the value of quality assessment and control measures when producing gluten-free products. GFCO...
West Sacramento, CA—Raley’s announced in a press release the next evolution of their distinctive label transparency tool, Raley’s Shelf Guide. Using a shelf tag program, Raley’s Shelf Guide allows consumers to easily recognize the products they want for their own health and wellness journey. Consumers are more health-conscious than ever...
Washington, D.C.—The Organic Consumers Association (OCA) has sued Twinings North America, Inc, and its parent company, Associated British Foods PLC, for deceptive labeling, marketing, and sale, according to a press release. The lawsuit, which specifically calls out Twinings Green Tea and Green Tea With Mint products, alleges that tests conducted...
Teramo, Italy—A new study published in Frontiers in Nutrition found that crickets have 75% the antioxidant power of fresh orange juice, and silkworm fat twice the antioxidant power of olive oil. Researchers tested a range of commercially available edible insects and invertebrates for antioxidant activity, after removing inedible parts like...
Exeter, Great Britain—A healthy lifestyle may help offset genetic risk for dementia, according to a study from researchers at the University of Exeter, published in JAMA. The researchers analyzed data from 196,383 adults of European ancestry aged 60 and older from UK Biobank. They identified 1,769 cases of dementia over...
Denver, CO—Natural Grocers was named a Winning ‘W’ Company by 2020 Women on Boards (2020WOB) for having at least 20% of its board of directors made up of women before 2020, according to a press release. Women currently make up 29% of Natural Grocers’ board members and 53% of upper-level...
