A new chart compiled by Dr. Phil Howard at Michigan State University reveals the extent to which multinational food and beverage firms now dominate the organic food and beverage market when it comes to share of dollar sales.
Dr Howard, an associate professor in the Department of Community Sustainability at Michigan State University, first published his 'who owns organic?' chart in 2003 and has been updating it annually to reflect M&A activity in the sector.
The chart, which you can look at by clicking here shows that big names such as Coca-Cola, PepsiCo, Nestlé, Mars, General Mills, Kellogg and ConAgra now completely dominate the category, noted The Cornucopia Institute.
“In 1995 there were 81 independent organic processing companies in the United States. A decade later, Big Food had gobbled up all but 15 of them.”
Click here to see the chart.