Expo West Exposed
So I've taken a little break from blogging lately, having spent the better part of 2009 taking care of business and taking care of my little one. Part of what's kept me at bay has been the economic climate, which few would describe as rosy. In spite of the stimulus package, in spite of the whole "Hope" thing, the economic world remains in the doldrums.
Or DOES it?????
Well this past weekend Peeled Snacks took a little excursion to the annual Natural Products Expo West held in Anaheim, California. We were understandably a little leery of heading out to Anaheim for the show, seeing as the East Coast version held in October in Boston was rather sleepy, and seeing as 2009 is, well, what it is. But we went out anyway, just to see what the scene looks like.
I am pleased, Pleased, PLEASED to report that the scene looks rosy after all!
Shocking, I know but the show was busy, packed, and the mood was downright optimistic, if carefully so. Seeing as usually I'm the "Sales Guy" here at Peeled Snacks, I had a whole heap of conversations with other sales people, and in case after case, companies were growing and finding markets to move their products, though perhaps many were having to think out of whatever box they might have spent the better part of the last few years in.
On the financing end, though, things were mixed at best. Several of our buddy companies had found investors that have helped them fulfill all those orders, but plenty were looking at business opportunities that they weren't entirely sure that they could afford. Here's where the banking debacle of the past year really hits companies like ours- when you can't get credit enough to make good on orders PLACED, then EVERYBODY loses. Thanks a bunch, greedy banker people.
So once money and credit start moving again, I think that the food industry will be a place where growth, REAL growth (as opposed to REAL estate) happens. Hopefully the guys that are shoring up the banks have that sort of movement as a goal. If their efforts end up fruitless, well all I can say is GULP.
Two trends to note: gluten free remains a growth industry, and I'm all for it, seeing as there's plenty of room for improvement in that underserved category; and there are even MORE companies making freeze-dried or bake-dried fruit products. Is it just me, or do all those products taste like dust and cardboard? No, it's NOT just me. Go figure.
One serious disappointment from the weekend- I missed the best NYC weather that 2009 has had to offer thus far. Huge bummer, that, but I'll take economic optimism in lieu of the meteorological variety. How pleasant to think that 2009 might have some promise after all....
Peel Well,
Peeled Skinny




