8 of the 10 Fastest Growing Food & Beverage Companies in U.S. are Healthy/Organic
The 2013 Inc. 500|5000 list just came out, and I was pleasantly surprised to see the “healthy” food segment dominate. This annual report, of course, honors and ranks the country’s fastest growing companies based on a 3-year aggregate growth rate (so these results are based on 2009-2012 figures). Inc. reports that during this period, the Food and Bev industry as a whole grew at a rate of 82%, compared to 240% in Environmental Services, 130% in Healthcare, 48% in Computer Hardware, and just beating out a Construction industry that came in at 81%.
Here is a breakdown of the top 10 in their Food & Beverage category:
Company | 3-year Growth | Revenue | What they do | ||
Vertex Body Sciences | 10010% | $11.8 million | Develops and manufactures nutrition beverages and healthful snacks |
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Vital Farms | 3878% | $9.7 million | Pasture-raised poultry, primarily for Whole Foods Market |
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Green Box Foods | 3020% | $251.1 million | Provides all-natural and organic foods and education to large corporations. |
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Orgain | 2971% | $9 million | Manufactures RTD organic nutrition shakes | ||
HUMAN Healthy Vending | 2378% | $9.2 million | Provides franchise vending machine operation exclusively carrying healthier food and drinks |
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Plum Organics | 1691% | $80.8 million | Manufactures healthful foods, targeting babies and toddlers (but some of us adults think they’re yummy, too) |
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Rockhedge Herb Farms | 870% | $5.1 million | Herb farming, primarily organic | ||
Four Foods Group Holdings | 847% | $22.8 million | Restaurant group | ||
Sunwarrior | 847% | $10.5 million | Raw vegan consumables | ||
Heirloom Restaurant Group | 777% | $5.6 million | Restaurant group | ||
A complete list of all Inc. 500|5000 honorees is available on Inc. magazine’s website, at http://www.inc.com/inc5000/. While you’re there, check out #4439 because their name made me laugh.