Mississauga, ON -- (ReleaseWire) -- 07/08/2014 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled “KonaRed Expects 2014 Sales to Double 2013 Total and Climb Back Near 2012 Levels.”
Companies mentioned in this article include KonaRed Corp. (OTCQB:KRED), Kroger (NYSE:KR), Vitamin Shoppe (NYSE:VSI), Whole Foods (NASDAQ:WFM), Safeway (NYSE:SWY) and Walmart (NYSE:WMT).
The functional food and beverage industry has been on a strong growth path, reaching about $175 billion in 2013 to account for about 5 percent of the total food market. The reasons are vast, but include increasing demand for products that deliver, or at least claim to deliver, additional health benefits as people become more proactive about self-directed health care. Another factor is faster paced lifestyles that don’t often accommodate sit-down meals, meaning that people are grabbing food and drinks that can provide some nutrition and energy with a quick punch as they rush through the day. The list of motivating forces goes on and on, even including a feeling of sophistication from some products, and it’s translating to a bigger market.
KonaRed Corp. (OTCQB:KRED) is increasing its market share, according to a corporate statement on Tuesday, saying that it is on track to double 2013 sales this year, its first full-year as a public company. The Koloa, Hawaii-based Company manufactures wellness products from the Hawaiian CoffeeBerry®, coffee fruit from Kona, Hawaii. The Hawaiian CoffeeBerry® is the fruit of the well-known coffee plant, Coffea Arabica, but the company says the secret to their product rests in the fruit being sourced from Hawaii, where the fruits flourish through the combination of climate and mineral-rich volcanic soil.
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