While rising concerns over lifestyle and health have prompted consumers to shift to organic food, hectic work-life schedules are driving the market for ready-to-eat food. Moreover, the growing food processing market is also expected to boost the industry.
Hence, it might be wise to invest in quality food stocks Danone S.A. (DANOY) and Tiger Brands Limited (TBLMY), which pay stable dividends and are currently trading at a discount under $15.
