📺 Stream EntrepreneurTV for Free 📺

Low-Carb Diet Spawns New Food Industry, Franchise Emerges <b></b>

entrepreneur daily

Orange County, California-When Dr. Atkins died inApril, he barely had time to enjoy how his once-shunned eatingideas have been embraced by at least 12 million people in theUnited States and how a new food industry has sprung up around thediet: grocery stores, food manufacturers and restaurants dedicatedto low-carb foods.

"This is part of a larger trend where people are moreinterested in better-for-you products," said Michael Diegel,director of communications for the Grocery Manufacturers of Americain Washington, DC. "It is among the fastest-growing categorieswe have in foods."

Sales of better-for-you products-which include low-carbfoods-increased by $400 million to $5.9 billion in 2002,according to a study done by the Grocery Manufacturers.

Sales were down until 2001, Diegel said, when obesity awarenessand attention to diets increased sales by $100 million to $5.5billion.

Rick Schott's own weight loss prompted him to leave hiscell-phone retail business and open Castus Low Carb Superstores inNorthern California in 1999. Additional stores will be franchises,Schott said, who plans to open 200 stores by the end of next year.-Orange County Register

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Franchise

Franchising Is Not For Everyone. Explore These Lucrative Alternatives to Expand Your Business.

Not every business can be franchised, nor should it. While franchising can be the right growth vehicle for someone with an established brand and proven concept that's ripe for growth, there are other options available for business owners.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Passengers Are Now Entitled to a Full Cash Refund for Canceled Flights, 'Significant' Delays

The U.S. Department of Transportation announced new rules for commercial passengers on Wednesday.

Leadership

Why Companies Should Prioritize Emotional Intelligence Training Alongside AI Implementation

Emotional intelligence is just as important as artificial intelligence, and we need it now more than ever.

Business News

Elon Musk Tells Investors Cheaper Tesla Electric Cars Should Arrive Ahead of Schedule

On an earnings call, Musk told shareholders that Tesla could start producing new, affordable electric cars earlier than expected.