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Article: Horizon Organic Reaches $200 Million Sales Milestone; Company Continues to Build Momentum in Rapidly Growing Organic Foods Market.
- Article from:
- PR Newswire
- Article date:
- June 18, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Horizon Organic Holding Corporation , which markets the leading brands of organic foods, announced today that the company has reached a milestone of $200 million in sales on a trailing 12 month basis as of April 2003. Horizon Organic markets the leading brand of certified organic foods in the U.S., and the leading brands of certified organic milk in the U.S. and the U.K., and saw a 24 percent sales increase in the U.S. for the first quarter of 2003.
According to Datamonitor, organic dairy products are experiencing the highest growth rate in the organic food and beverage category, increasing nearly 60 percent over the past 5 years. With the escalating demand for ...