Organto Foods Inc. an integrated provider of organic and value-added organic fruits and vegetables today announced the expansion of its organic ginger program and the addition of organic turmeric to its product portfolio.
Organto began distribution of organic ginger in late 2018 with supply from Peru, while simultaneously building distribution across its European customer base. In order to meet continued demand, Organto has added additional ginger supply from Brazil, to both expand and diversify its ginger product offering. While Peruvian ginger is recognized for its intensity of taste and smaller hand sizes, Brazilian ginger is recognized for its intensity of taste and generally larger hand sizes. The combination of Peruvian and Brazilian product geographically diversifies supply sources while at the same time expanding product variety and availability.
Together with the additional supply of ginger from Brazil, Organto has also added turmeric to its product portfolio. Supply of turmeric is being provided by the same strategic growing partner and will leverage existing supply chains to drive efficiencies and product availability. Tumeric is a member of the ginger family and it is commonly used as a spice and flavoring agent, and is known for a wide range of medicinal benefits including its anti-inflammatory and pain relief qualities combined with high antioxidant levels.
"We are pleased to expand our organic ginger program to Brazil and to add organic turmeric to our product portfolio." commented Rients van der Wal, Co-CEO of Organto and CEO of Organto Europe B.V. "Demand for both of these products has increased through the COVID-19 pandemic as consumers seek out the unique health benefits derived from their high antioxidant levels and anti-inflammatory properties. We believe the category will continue to grow and look forward to working with our supply partners and customer base to meet this demand." added Mr. van der Wal.
With the expansion of ginger and the addition of turmeric, Organto expects to increase weekly sales of these products to approximately CDN $40,000 to $60,000 by the end of the end of 2020, with the longer-term goal of building the ginger and turmeric category to CDN $5 million in annual revenues as the Company works to build out its portfolio1.
For more information:
I
nvestor Relations
604-634-0970
1-888-818-1364
info@organto.com