Good Culture raises $8M to expand cottage cheese distribution
Published Date | 2019 March 4
Organic cottage cheese maker, Good Culture, raises $8 million which will help in their business expansion worldwide will propel the global cottage cheese market over forecast periods
Global: Good Culture has closed on an $8 million funding round that will help the organic cottage cheese maker expand its distribution. This round was led by CAVU Venture Partners, with “significant” investment from 301 INC, General Mills’ new business development and venturing unit, and Almanac Insights, an early stage investment firm founded by David Barber, Blue Hill. Good Culture said it plans to use the funds to grow the company in the dairy category through expanded distribution and product development. The company currently sells its cottage cheese in more than 11,000 U.S. stores. Good Culture was co-founded in 2015 by Merrill and Anders Eisner. Good Culture uses high protein, organic and non-GMO ingredients, pasture-raised milk from free-roaming cows on sustainable family farms, live and active cultures, and no additives such as stabilizers, thickeners or artificial preservatives.
According to BlueWeave Consulting, Organic food involves minimum use of synthetic chemicals and inputs outside the farm while ensuring management practices that preserve, replenish, and enhance ecological stability. Organic food contains lower levels of chemicals and does not contain modified ingredients compared to the conventional agricultural produce. Organic standards set strict regulations to ensure final products for consumption are free from synthetic chemical components and genetically modified production technologies, or any other perceived natural toxins. As such, an organic food product improves human health by ensuring risks to disease conditions like cancer, infertility, and immunodeficiency are minimized. In these organic food categories, cottage cheese is soft, white, creamy and high contents of protein which does undergo an aging or ripening process to develop flavor. Cottage cheese provides many health benefits such as help in digestion problem play a role in preventing bladder and vaginal infections, help in maintaining metabolism at a higher rate than a diet that contains predominantly high-glycemic foods and aid in lowering triglyceride levels. Rising global population, increased yields, and improved logistics and supply chain across the globe will push the cottage cheese industry. The increased purchasing power, environment concerns and the modernization of storage and transport have helped push the Cottage Cheese Market to larger heights.
According to BlueWeave Consulting‘s upcoming report, Titled-“Global Cottage Cheese Market, By Product Type (Regular cottage cheese, Low-fat or reduced-fat cottage cheese and Fat-free cottage cheese), By Application (Catering, Ingredients, and Retail) By Region, Size and Forecast 2018- 2025”- Global Cottage Cheese Market is expected with grow with a significant rate in forecast period, 2018-2025 owing to growing awareness and health consciousness among consumers. Moreover, Cottage cheese is a rich source of protein, calcium, and phosphorus that contributes to bone health, while boosting the functioning of the nerves and muscles. Also, consumption of cottage cheese provides consumers with Vitamin A and Vitamin B. Despite the rich taste and texture of cottage cheese, cottage cheese is low in calories and aids the consumers with their weight-loss plans. Furthermore, it is the storage for longer durations and the overall yield is going to be an issue to look towards in the global Cottage Cheese Industry in forecast period.
According to BlueWeave Consulting‘s report, Titled-“Global Organic Food Market by Type (Dairy, Bakery products, Fruits & Vegetables, Snacks, Meats/fish & poultry, Sauce & condiment, processed food, packaged food and other), by distribution channel (online channel, Offline channel, Supermarkets and Departmental stores) Size and Forecast by 2018- 2026”- Global Organic Food Market is expected to grow at a CAGR over 15% during 2018-2026 in terms of value. This growth is driven by a number of factors such as rise in consumer awareness towards health and food, increasing disposable income, major lifestyle changes among the younger crowd and emerging concerns for environmentalists, etc.