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
|Vital Farms||3878%||$9.7 million||Pasture-raised poultry, primarily for
Whole Foods Market
|Green Box Foods||3020%||$251.1 million||Provides all-natural and organic foods and
education to large corporations.
|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
|Plum Organics||1691%||$80.8 million||Manufactures healthful foods, targeting
babies and toddlers (but some of us adults think they’re yummy, too)
|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.