Thursday Jul 07, 2022
Little Leaf Farms Raises $300 Million + Whole Foods’ Best Condiments List
Little Leaf Farms recently secured $300 million in capital investment to help the hydroponic lettuce company further expand its operations. In this episode of the Xtalks Food Podcast, Sydney talks about Little Leaf Farms’ use of advanced greenhouse technologies, including data analytics and hands-free automated grow systems, as well as its plans to open a new hydroponic greenhouse on 180 acres in Pennsylvania. She also discusses how hydroponic growers like Little Leaf Farms are helping to reduce the global lettuce shortage, which began in 2020 when California lettuce growers faced hotter-than-average temperatures and crop diseases. The team wonders whether lettuce grown with hydroponics will ever replace traditionally grown produce, but commend the technology for enhancing food security despite weather conditions and supply chain disruptions.
Also, in this episode, Sydney discusses the best condiments according to the Whole Foods Market Trends Council. With the condiment, marinade and dressing category expected to hit $2.9 billion by 2024 according to a Mintel report, the Council noted that consumer desire to experiment will support the sales growth. She talks about the five best condiments that made the list, including BBQ sauce, hot chili sauce, ketchup and mustard, fermented condiments and ranch, and provides examples of products on store shelves that represent these trends. The team is surprised by how many different varieties of condiments are on the market, but praise the Whole Foods Market Trends Council for including condiments from all over the world.
Read the full articles here:
Hydroponic Lettuce Grower Little Leaf Farms Raises $300 Million
These are the Best Condiments According to Whole Foods Market Trends Council
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