SunOpta (TSX:SOY) is a number one world firm working enterprise targeted on a wholesome merchandise portfolio that promotes sustainable well-being. The corporate is concentrated on sourcing non-genetically modified natural components and manufacturing wholesome meals and beverage merchandise. It operates an built-in enterprise mannequin leveraging the corporate’s world ingredient sourcing platform to course of and market natural components for retailers, meals producers, and foodservice operators.
The corporate additionally manufactures packaged merchandise targeted on the excessive progress wholesome drinks, wholesome fruit, and wholesome snacks for SunOpta’s retail, foodservice, and branded meals prospects. SunOpta is a North American market chief in non-dairy natural aseptic drinks, premium refrigerated private-label orange juice, frozen natural fruit, wholesome premium fruit snacks, and the worldwide sourcing and provide of natural uncooked supplies and components.
Scalable world sourcing platform
Additional, the corporate’s scalable world sourcing platform makes it one of many main suppliers of supplies and components within the meals business and offers it with main insights into rising meals and beverage tendencies. SunOpta’s product portfolio is strategically aligned with the fast-growing shopper demand for high-quality, wholesome natural meals and beverage merchandise.
Additionally, the corporate’s vertically built-in enterprise mannequin renders it a most popular associate to the corporate’s retail, foodservice, and branded meals prospects. SunOpta delivers a various, progressive portfolio of high-quality meals and beverage merchandise supported by the corporate’s world sourcing platform, scalable working footprint, manufacturing experience, and dedication to innovation.
This platform allows it to constantly provide prospects with a broad vary of natural components in addition to high-quality wholesome meals and beverage merchandise.
Numerous product portfolio
As a number one provider of natural components to the meals business, SunOpta leverages the corporate’s insights into rising shopper tastes and preferences to develop progressive new meals and beverage merchandise. The corporate’s various product portfolio makes use of natural uncooked supplies and components which are sourced primarily by SunOpta’s vertically built-in world components capabilities.
The corporate’s meals components are transformed from uncooked supplies, and SunOpta’s uncooked supplies are sourced from roughly 5,000 suppliers encompassing roughly 10,000 growers in over 65 international locations. SunOpta’s workers and property, which embody 27 processing and packaging services, are principally positioned in North America and Europe with smaller sourcing and processing operations in Africa and China.
Greater margin merchandise
As a basic precept, SunOpta doesn’t personal or function the corporate’s personal farms, retail shops, or extensively market shopper manufacturers. The corporate’s dedication and proactive method to new product growth and innovation drive SunOpta’s capability to introduce new higher-margin meals and beverage merchandise to the market.
In June 2015, the corporate expanded SunOpta’s analysis and growth platform by opening a sophisticated innovation heart in Edina, Minnesota. This facility helps the corporate’s devoted staff of meals scientists, engineers, and technicians, expands SunOpta’s product growth capabilities, will increase the corporate’s pace to market, enabling to proactively interact prospects in creating and creating new merchandise.
Tradition of innovation
The corporate’s innovation platform helps SunOpta’s management place in natural meals and strengthens the corporate’s relationships with retail, foodservice, and contract manufacturing prospects. This could serve shareholders properly in the long run.
The publish Value Investing: 1 Healthy Food Business to Own for Decades appeared first on The Motley Fool Canada.
In the event you loved this text, click on the hyperlink beneath for prime market perception delivered on to your inbox!
Famend Canadian investor Iain Butler simply named 10 shares for Canadians to purchase TODAY. So in case you’re bored with studying about different folks getting wealthy within the inventory market, this could be a great day for you.
As a result of Motley Idiot Canada is providing a full 65% off the record worth of their prime stock-picking service, plus an entire membership payment again assure on what you pay for the service. Merely click on right here to find how one can make the most of this.
Idiot contributor Nikhil Kumar has no place in any of the shares talked about.