📺 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.

Starting a Business

Clinton Sparks Podcast: The Secrets of Entrepreneurship Told by David Meltzer

This podcast is a fun, entertaining and informative show that will teach you how to succeed and achieve your goals with practical advice and actionable steps given through compelling stories and conversations with Clinton and his guests.

Franchise

McDonald's Introduces a New Dessert Inspired By 'Grandmacore' Trend

McDonald's will launch the "Grandma McFlurry," a limited-time dessert blending syrup, vanilla ice cream and candy pieces, as a tribute to comforting grandmotherly treats — and a nod to a TikTok trend.

Growing a Business

Clinton Sparks Podcast: The Struggles and Fame of Rapper Lil Yachty's Entrepreneurship Journey in Hip-Hop

This podcast is a fun, entertaining and informative show that will teach you how to succeed and achieve your goals with practical advice and actionable steps given through compelling stories and conversations with Clinton and his guests.

Business News

OpenAI's New Deal Sees the ChatGPT Trailblazer Following a Competitor's Lead

OpenAI is treading on Google's AI-training territory following its new deal with Reddit.

Productivity

Want to Be More Productive? Here's How Google Executives Structure Their Schedules

These five tactics from inside Google will help you focus and protect your time.

Side Hustle

These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'

Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."