Market News

Young Canadians willing to pay more for organic, non-GMO food

About one-in-four Canadians frequently check labels to see if the products they buy are organic and non-GMO. Canadians aged 18 to 34 are more likely than their older counterparts to consider paying a premium for produce and groceries that are organic or free from genetically modified organisms (GMO), a new Research Co. poll has found. […]

Upcycled ingredients is a fast-growing trend

Upcycling is gaining traction among a growing number of consumers and food manufacturers that want to reduce food waste, which is a major contributor to climate change. Upcycled foods use ingredients that otherwise would not have gone to human consumption. They are sourced and produced using verified supply chains and have a positive impact on […]

Organic food sales topped $60 billion in 2022

Organic sales grew by 4% despite inflation challenges Organic food sales in the United States in 2022 broke through $60 billion for the first time, hitting another high-level mark for the resilient organic sector. Total organic sales—including organic non-food products—were a record $67.6 billion, according to the 2023 Organic Industry Survey released in May by […]

Montana Specialty Mills expands operations, processing capacity

Great Falls, Montana is getting an economic boost with expansion of Montana Specialty Mills’ processing facility. The company processes agricultural commodities including non-GMO and organic canola oil, flaxseed, linseed oil, and meal, among others. The $15 million expansion (projected completion: end of 2023) will include an additional building to house new equipment and increase processing […]

Fiberstar, Inc. launches new organic citrus fibers for food & beverages

Fiberstar, Inc., a developer of innovative citrus fibers launched a line of new organic citrus fibers: Citri- Fi® 400 series. These new citrus fibers are in response to the increasing demand for natural, sustainable and organic food ingredients. Market drivers fueling the uptick in demand include a growth in consumer health and wellness initiatives, limited availability […]