www.agtechdaily.com
No Result
View All Result
  • Login
  • Home
  • Agriculture
  • Food
  • Technology
  • Sustainability
Contact
ABOUT US
  • Home
  • Agriculture
  • Food
  • Technology
  • Sustainability
No Result
View All Result
www.agtechdaily.com
No Result
View All Result
Home Food

Gotham Greens to double its capacity in 2022 as it bolsters retail footprint

Admin by Admin
April 1, 2022
Reading Time:3min read
0
Buy JNews
ADVERTISEMENT


RELATED POSTS

What consumers want in 2023

Will 2023 be the year food plays a role in sustainability policy?

New Tindle chef-curated meal kits elevate the plant-based meat experience

Dive Brief:

  • Indoor farming company Gotham Greens said it will double the size of its greenhouse capacity from 600,000 square feet to more than 1.2 million square feet this year, allowing the 11-year-old company to enter new regions and expand its footprint in existing markets.
  • The operator of climate-controlled hydroponic greenhouses is building facilities near Dallas, Atlanta and Denver and expanding existing locations in Chicago and Providence, Rhode Island. Once completed, Gotham Greens will own and operate 12 greenhouses across eight states.
  • Companies that grow produce indoors have grown rapidly as they benefit from consumer demand for locally grown produce raised in a more environmentally friendly way.

Dive Insight:

As companies race to grow produce indoors, a first-mover advantage will play a big role in not only getting them into retailers but keeping them there.

Gotham Greens is one of several companies bringing crops that were traditionally raised outdoors into more hospitable growing conditions inside. With demand for produce grown under more environmentally friendly conditions on the rise, indoor farming companies are quickly working to supply retailers and consumers. 

Having the first truly local products available could pay dividends down the road. Stores could decide to display a grower’s produce in more locations or carry more varieties of their vegetables and fruits. By having a facility close to a retailer, producers build on the locally grown mantra and increase the likelihood that the chain will continue working with them to meet surging demand.

Indoor agriculture companies tout many of the same attributes in promoting their firms to retailers, shoppers and investors, making it imperative that they find ways to distinguish themselves from one another. In all cases, the facilities are more productive, use fewer resources such as water and land, can supply regions of the U.S. during non-growing seasons like winter and have a lower likelihood of witnessing a disease outbreak.

Gotham Greens is aiming to deliver its fresh produce within a day’s drive from its greenhouses to much of the country’s population. Recently, it has seen especially robust demand for its products. It posted 28% year-over-year growth compared to a 1% increase during the same period for the total pre-packaged salads and lettuce categories, according to Nielsen data cited by the company in its release.

Gotham Greens sells its salad greens, herbs, salad dressings, dips, and cooking sauces in approximately 3,000 stores across 45 U.S. states nationwide. 

“Our goal is to deliver Gotham Greens’ fresh produce within a day’s drive from our greenhouses to 90% of consumers across the U.S.,” Viraj Puri, co-founder and CEO of Gotham Greens, said in a statement. “These strategic greenhouse expansion projects bring us closer to this milestone.”

Other companies are expanding their footprints, too. Driscoll’s and Plenty recently announced plans to build an indoor farm to grow the berry giant’s strawberries. Upward Farms plans to build a 250,000-square-foot facility in Pennsylvania to supply microgreens throughout the Northeast “and beyond.” AppHarvest, one of the few companies in the sector to be publicly traded, is in the process of quadrupling its farm network and diversifying its crops to include salad greens and berries. 

Earlier this month, indoor farming company Local Bounti said it would acquire rival Hollandia Produce Group, which grows and sells leafy greens under the name of Pete’s, for $122.5 million. With so many companies rapidly expanding at the same in an effort to grab finite shelf space, more deals are inevitable. 



Source link

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • More
  • Click to share on Reddit (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Pocket (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Skype (Opens in new window)

Like this:

Like Loading...
Admin

Admin

Related Posts

Food

What consumers want in 2023

February 1, 2023
Food

Will 2023 be the year food plays a role in sustainability policy?

February 1, 2023
Food

New Tindle chef-curated meal kits elevate the plant-based meat experience

February 1, 2023
Food

It’s the 10th anniversary of the PCA indictment and the courts are still working on it

January 31, 2023
Food

Irish officials search for the source of the Salmonella outbreak

January 31, 2023
Food

WHO urges food system changes to improve food safety

January 31, 2023
Next Post

Researchers investigate the physiological changes in Japanese black steer during feeding

Allergy-friendly apple varieties

Latest News

Pakistani olive oil farmers eying cooperation with China

May 3, 2022

New “danger triage” system determines intensifying risks to …

March 5, 2022

Survey finds 42% plan to cut back on restaurant visits

April 23, 2022

Most Popular

  • Agricultural E-Commerce Boosts Incomes For Cherry farmers in Shandong

    0 shares
    Share 0 Tweet 0
  • Seeds of Discord: Farmers Accused of Fraud in Dicamba Dispute | Arkansas Business News

    0 shares
    Share 0 Tweet 0
  • Farm Credit Administration tours the Midwest – Agweek

    0 shares
    Share 0 Tweet 0
  • 12 Biggest Agriculture Companies in the World

    0 shares
    Share 0 Tweet 0
  • How Technology Is Changing Agriculture

    0 shares
    Share 0 Tweet 0
Facebook Twitter Pinterest LinkedIn
www.agtechdaily.com

AgTech Daily provides in-depth journalism and insight into the most impactful news and trends shaping the agricultural and food technology industry

Categories

  • Agriculture
  • Announcements
  • Food
  • Others
  • Sustainability
  • Technology

Quick Links

  • Home
  • About us

© 2022 - All Right Reserved. www.agtechdaily.com.

No Result
View All Result
  • Home
  • Agriculture
  • Food
  • Technology
  • Sustainability

© 2022 - All Right Reserved. www.agtechdaily.com.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
%d bloggers like this: