Industry News

Whole Foods Market to open its new shopping market in orange county

United States: Whole foods has planned to open its new “365 by Whole Foods” organic store in Los Alamitos mall, an open-air shopping center. The 28,000-square-foot Silver Lake store offers organic products such as groceries, grab-and-go foods, ready-to-cook meats and seafood, a craft beer bar, an espresso cafe, and body care items. Self-serve ordering stations are available at stations selling hot dogs, quinoa bowls and pizza. The shopping center is stated to open in early 2018. Goodman, a member of the Daikin group, is also in the process of moving all its U.S. operations to the Texas campus. Daikin Texas Technology Park will eventually encompass 4.1 million operational square feet.

According to TechSci Research, Whole foods market, which is country’s first certified organic grocer has been expanding its presence in United States grocery market. With rising demand for organic and natural food in smaller areas in United States, the company is set to benefit  by increasing its store count. Moreover the sales of the company’s exclusive range of organic food products is also set to increase.

According to a recent report published by TechSci Research, “Global Organic Food Market By Product Type, By Region, Competition Forecast and Opportunities, 2011 – 2021”, global market for organic food is projected to grow at a CAGR of over 14% during 2016-2021, on account of high demand for organic food in retail stores, restaurants, schools and office cafeterias. Europe dominated demand for organic food across the globe and the region is projected to continue dominating the market through 2021. Further, organic fruits & vegetables dominated global organic food market, due to high content of protective antioxidants, less pesticide residue and low level of toxic chemicals in organically cultivated fruits & vegetables. White Wave Foods, Hain Celestial, General Mills, UNFI, Sprouts Farmers Market and Edeka Group are few of the major players operating in global organic food market.

Relevant Reports

Relevant News