Mississauga, ON -- (SBWIRE) -- 04/01/2016 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Naturally Splendid Reports Strong Sales For Q1."
Companies mentioned in this article include Whole Foods Market Inc. (NASDAQ:WFM), The Fresh Market Inc. (NASDAQ:TFM) and Naturally Splendid Enterprises Ltd. (TSX-Venture:NSP).
According to a report published by Cooperative Grocer Network, the natural/organic industry in the U.S. alone is worth some $32 billion. The industry has experienced phenomenal growth not just in the U.S. but also globally. However, the Cooperative Grocer Network report notes that the industry is still only a fraction of the $450 billion conventional food industry. Indeed, there is room for significant growth for the natural/organic food industry going forward.
The report further notes that over the long term, supermarkets will be the largest sellers of natural and organic products. One of the biggest players in the industry is Whole Foods Market Inc. (NASDAQ:WFM). WFM currently has a market capitalization of $10.14 billion and trades at over 20x its trailing twelve-month earnings.
Another major player in this space is The Fresh Market Inc. (NASDAQ:TFM). The Greensboro, North Carolina-based company offers food products focused on perishable categories in a store format.
An emerging player in this multi-billion dollar fast growing industry is Naturally Splendid Enterprises Ltd. (TSX-Venture:NSP). Based in Canada, Naturally Splendid is engaged in the development, production, commercialization and licensing of an entirely new generation of plant-derived, bioactive ingredients, nutrient-dense foods, and related products.
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