SVFD - Are These Relatively Little-Known Organic And Earth-Friendly Food Stocks On Your Watchlist?
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By Ernest DelaAglanu, Benzinga
Tolearn more about Save Foods, download the latest research reporthere
With health being a factor in many lifestyle choices being madeby consumers, the area of land used for organic farming has increasedsubstantially since 2015, expanding by about 21 million hectares justbetween 2015 and 2019 according to a report by Statista. The preference for organic food is strongest among youngconsumers, with Americans aged 18 to 29 most positively perceivingorganic food like fresh produce and dairy.
Increasing sedentary or inactive lifestylesand their potentially fatal consequences have forced more people to become more concerned about their healthand begin making healthier life choices. Apart from exercising, peopleare also putting a lot of emphasis on healthy eating - switching toorganic foods. This is driving sales of organic food, which areforecasted to reach almost$1 trillion globally by 2030, growing at a compound annualgrowth rate of 14.8% between 2022 and 2030 according to MarketResearch Future.
Organic foods are devoid of chemical fertilizers and pesticides— the use of natural cultivation methods is often beneficial notonly to the human body but also to the earth.
Time To Look AtOrganic Food Stocks?
In 2021, organic food sales in the U.S. amounted to about $57.5 billion. In 2020, organic food sales madeup 6% of total food sales in the U.S. The pandemic caused manyto take a closer look at the food they ate and make healthier choices,boosting the sales of organic food. Since then, organic has continuedto grow and has retainedthe market footholds gained in 2020 according to Organic TradeAssociation.
Thegrowing demand for healthier and sustainable food options has broughtmany organic food companies to the forefront, and many investors seemto be paying close attention to them.
Investing in organic stocks can help playersin the industry raise needed capital for growth and expansion whilehelping change the way that business is done, while also potentiallyhelping investors make good returns on their investments.
A blue chip stock in thespace is General Mills (NYSE: GIS), which was among the earlyoperators in the space that began offering organic products after itacquired Small Planet Foods in the year 2000. But investors lookingfor other options with the potential to fuel growth through capturingmarket share may also look at other stocks such as:
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Appharvest Inc. (NASDAQ: APPH), an operator of indoorfarms in Appalachia. The stock hit a 52-wk low on October 21,2022.
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Sprout FarmersMarket Inc. (NYSE: SFM) , which offers a farm shop vibe andderives approximately 60% of its sales from organicproducts.
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The Simply Good Foods Co. (NASDAQ: SMPL), a Colorado-based firmwhich focuses on the snacks and meal replacement area of themarket.
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Beyond Meat,Inc. (NASDAQ: BYND), which helped some first-phase investors makereturns in the triple digits some time after it made its initialpublic offering (IPO) in 2019. The stock has since dropped to lowerlevels closer to the original IPO price.
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Save Foods Inc. (NASDAQ: SVFD), an agritech company that develops and sellseco-friendly green treatments for the food industry to enhance foodsafety and shelf life of fresh produce.
While ultimately aninvestor’s decision and choice of stock will be influenced by theirinvestment appetite and preferences, below is a closer look at SaveFoods.
Addressing Challenges In The Agri-Food TechIndustry
Delvingfurther into organic and healthy food stocks could put more spotlighton Save Foods , a companythat might be addressing two of the most significant challenges in theagri-food tech industry – foodwaste and loss and foodsafety .
Since 2009, the company has been dedicated to deliveringintegrated green solutions for improved safety, freshness and qualityfrom farm to fork. Save Foods’ technology allows growers, packersand food retailers to reduce their waste and increase their revenues,with more food ending up on plates and less in landfills.
The company’streatments, which combine its proprietary blend of food acids andoxidizers, were commercially validated on citrus fruits, mangos,avocados, pears, bell peppers, berries and various fresh-cutvegetables.
Thecompany believes that by controlling and preventing pathogencontamination and significantly reducing the use of hazardouschemicals (pesticides) and their residues, its treatment not onlyprolongs produce’s shelf life and reduces food loss and waste butalso ensures a safe and healthy product.
“The organic fruits and vegetables industryhas a very difficult task contending with short shelf life and limitedavailable solutions, with high waste and transportation issuesresulting in higher costs,” commented Dan Sztybel, CEO of SaveFoods' Israeli subsidiary. “One of the Save Foods’ treatmentsis certified organic and we are well- positioned to deliversignificant value to the organic market by providing efficient andaffordable solutions to address these challenges.”
Head over to SaveFoods’s website to learnmore about the company and its technology.
This article was originally published onBenzinga here .
SaveFoods is an innovative, dynamic company addressing two of the mostsignificant challenges in the agri-food tech industry: food waste andloss and food safety. We are dedicated to delivering integratedsolutions for improved safety, freshness and quality, every step ofthe way from field to fork. Collaborating closely with our customers,we develop new solutions that benefit the entire supply chain andimprove the safety and quality of life of both the workers and theconsumers alike. Our initial applications are in post-harvesttreatments in fruit and vegetable packing houses processing produceincluding citrus, avocado, pears, apples and mangos. By controllingand preventing pathogen contamination and significantly reducing theuse of hazardous chemicals and their residues, Save Foods treatmentnot only prolong fresh produce shelf life and reduce food loss andwaste, but they also ensure a safe, natural, and healthyproduct.
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