Organto Foods Inc., an integrated provider of value-added organic vegetables and fruits today announced that it has expanded its product portfolio with the addition of year-round organic avocado.
Demand for organic avocado has grown steadily and is expected to continue to grow into the future due to the fruit's nutritious profile which is high in potassium, heart healthy monounsaturated fats and fiber. Eating avocado has been proven to lower cholesterol and triglyceride levels and aligns with today's healthy eating and healthy living trends.
Organto's organic avocado program is designed to provide year-round supply from strategic supply partners in Mexico and Peru. Initial shipments are now en-route from Mexico and are expected to be received in Europe in early October for immediate delivery to customers in Germany and the Netherlands. The initial shipments were fully sold in advance of shipping, indicative of the strong demand for organic avocado.
"We are very excited to add organic avocado to our organic vegetables and fruits sourcing and supply platform, and are pleased to be working with our new strategic supply and commercialization partners." commented Rients van der Wal, CEO of Organto Europe BV. "Demand for organic avocado continues to grow globally due its flavor and nutrition profiles, and we are confident that this product will be a great addition to our portfolio, initially as a distributed product followed by our "I am Organic" brand."
Organto expects sales of organic avocado to rise over the balance of 2018 and into 2019 as supply increases and commercial activities expand. Initial shipments of approximately 20,000 kgs of organic avocado are currently en-route to Europe. Organto expects potential revenues from the sale of organic avocado to grow to in excess of CDN $10 million annually.(1)
The addition of organic avocado to Organto's product line-up is part of Organto's strategy to expand its value-added organic vegetables and fruits product offering. Organto continues to increase its supply capabilities via the addition of new supplier relationships focused on organic soft, tropical and exotic fresh fruits and other organic vegetables, in order to diversify its revenue streams beyond just high-value organic vegetables. Organto intends to continue to establish supply relationships with strategic growers in key supply markets in order to expand market presence and develop opportunities for Organto "I am Organic" branded products as well as private label and distributed product offerings.
For more information;
Organto
Tel: +1-888-818-1364
Email: info@organto.com
www.organto.com