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Jan. 18, 2022, 11:04 a.m. EST

More than 71% of Americans Are Now Eating Plant Based Foods

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Jan 18, 2022 (Baystreet.ca via COMTEX) -- The plant based story shows no signs of cooling off. In fact, it’s only growing stronger. According to AdWeek, “71% of U.S. adults reported trying at least one plant-based product in 2021, according to Datassential, and 48% look for products labeled ‘plant based,’ per the Hartman Group, while 67% have tried non-dairy milk, says Morning Consult.” Better, plant based sales momentum is only expected to flourish in New Year 2022, as well. For example, “Sales of faux meat and poultry are projected to reach $2 billion by 2024, says a study from Packaged Fact, and the more-established alternative dairy category is pegged to top $5.2 billion in the next two years,” as also noted by AdWeek. All could be substantial news for companies such as Komo Plant Based Foods /zigman2/quotes/214577525/delayed CA:YUM -14.29% (otcqb:KOMOF), Freshlocal Solutions Inc. /zigman2/quotes/227904248/composite FLOCF -55.02% , Goodfood Market Corp. /zigman2/quotes/203921997/delayed CA:FOOD +39.44% /zigman2/quotes/205636823/composite GDDFF +42.80% , Nepra Foods Inc. /zigman2/quotes/229508759/delayed CA:NPRA +41.18% /zigman2/quotes/230236232/composite NPRFF +55.33% , and Beyond Meat Inc. /zigman2/quotes/211617595/composite BYND -0.14% .

Look at Komo Plant Based Foods /zigman2/quotes/214577525/delayed CA:YUM -14.29% (otcqb:KOMOF), For Example

Komo Plant Based Foods Inc. , a premium plant-based food company, just announced that it is now available in the U.S. on RangeMe, the leading industry online platform that streamlines new product discovery between brands and retailers.

Komo is a verified brand on RangeMe and currently has its full line of frozen meals uploaded on the platform, making its products visible to thousands of retail stores in the U.S. and Canada. Through this platform, U.S. buyers are able to discover new products and brands. U.S. retail chains on the RangeMe platform include Walmart, Whole Foods, Safeway, 7-Eleven, Kroger, Lowe’s Foods, Harris Teeter, Albertsons, AHold USA, Food Lion, Publix, Meijer and Wakefern, as well as thousands of local and boutique retailers. Through RangeMe, Komo will be able to submit its products for retailer category reviews throughout the year.

“After successfully establishing distribution across all key territories in Canada, Komo is now focused on expanding our retail distribution platform throughout the United States,” says Komo CEO William White. “Listing on RangeMe is the first of many initiatives we are planning to make our U.S. launch a success. In addition to reaching potential retailers through traditional channels, we are utilizing RangeMe to reach buyers and submit our products for upcoming category reviews.”

Komo has also completed its food packaging design for sale in retail stores in the United States and will be ready to be sold in U.S. retail stores next month, pending retail orders.

Other related developments from around the markets include:

Freshlocal Solutions Inc. announced it has entered into a secured $8.8 million credit facility agreement with Export Development Canada dated December 28, 2021 to support Freshlocal's international expansion efforts related to its FoodX SaaS-based eGrocery Management Solution (eGMS). "Over the course of 2021, we are excited to have built a new relationship with EDC and to have secured access to an important new source of capital for our FoodX eGrocery solution. This new partnership with EDC demonstrates their strong support for the use of leading-edge Canadian technologies to address the needs of global markets," stated Simon Cairns, Chief Executive Officer of Freshlocal. "As our team ramps up FoodX's fulfillment capabilities overseas, the EDC facility provides financial resources at a time of material growth in our FoodX business."

Goodfood Market Corp., a leading online grocery company in Canada, will release its financial results for the first quarter of Fiscal 2022 on Tuesday, January 18, 2022, before markets open. Jonathan Ferrari, CEO, Neil Cuggy, President and COO, and Jonathan Roiter, CFO, will hold a conference call to review the results at 8:00 a.m. (ET) on the same day. In addition, Goodfood’s Annual General Meeting of Shareholders will also be held on Tuesday, January 18, 2022 at 10:00 a.m. (ET). The meeting will be held virtually through the platform Lumi.

Nepra Foods Inc., creator of nutritious plant-based and allergen-free food, is pleased to share a letter to shareholders from CEO David Wood . “This past year has been an exceptional and transformational year for Nepra Foods. We continued to build on our track record of revenue growth for the 5 [th] year in a row, with a 150% year-on-year growth, which was facilitated by an expansion of our production and office space in January. We also completed an oversubscribed initial public offering (IPO) in September, which allows us to further expand our business and develop exciting new product verticals.”

Beyond Meat Inc. and Pizza Hut announced the launch of plant-based Beyond Italian Sausage Crumbles as a permanent offering at Pizza Hut Canada locations nationwide. Available on three irresistible Beyond Meat dishes, Beyond Italian Sausage Crumbles are designed to deliver the meaty texture and mouthwatering savory taste that fans love about Pizza Hut’s traditional Italian pork sausage. These new menu items are exclusive to Pizza Hut and are back by popular demand after a successful trial in Toronto and Edmonton last summer. “After seeing great excitement from Pizza Hut fans across Toronto and Edmonton last summer, we’re beyond thrilled to give Canadian fans everywhere the opportunity to try and fall in love with these Beyond Meat menu items,” said Amy Rozinsky, Head of Consumer Marketing, Pizza Hut Canada. “Pizza Hut and Beyond Meat have a shared vision to innovate new and exciting products that will delight our guests. Beyond Italian Sausage Crumbles offer a delicious plant-based twist on our classic pork sausage that you’ll have to taste to believe.”

Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Komo Plant Based Foods has paid three thousand five hundred dollars for advertising and marketing services to be distributed by Winning Media. Winning Media is only compensated for its services in the form of cash-based compensation. Winning Media owns ZERO shares Komo Plant Based Foods Please click here for full disclaimer.

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CA : Canadian Securities Exchange
$ 0.03
-0.0050 -14.29%
Volume: 458,205
Dec. 2, 2022 2:55p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$2.91 million
Rev. per Employee
N/A
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/zigman2/quotes/227904248/composite
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$ 0.14
-0.17 -55.02%
Volume: 0.00
May 16, 2022 3:17p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$5.62 million
Rev. per Employee
N/A
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/zigman2/quotes/203921997/delayed
CA : Canada: Toronto
$ 0.50
+0.14 +39.44%
Volume: 1.03M
Dec. 2, 2022 3:58p
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N/A
Dividend Yield
N/A
Market Cap
$37.19 million
Rev. per Employee
N/A
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/zigman2/quotes/205636823/composite
US : U.S.: OTC
$ 0.35
+0.10 +42.80%
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Dec. 2, 2022 10:57a
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N/A
Dividend Yield
N/A
Market Cap
$27.59 million
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N/A
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/zigman2/quotes/229508759/delayed
CA : Canadian Securities Exchange
$ 0.12
+0.04 +41.18%
Volume: 1.04M
Dec. 2, 2022 3:58p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$5.65 million
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N/A
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/zigman2/quotes/230236232/composite
US : U.S.: OTC
$ 0.11
+0.04 +55.33%
Volume: 916,139
Dec. 2, 2022 3:58p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$4.20 million
Rev. per Employee
N/A
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/zigman2/quotes/211617595/composite
US : U.S.: Nasdaq
$ 14.30
-0.02 -0.14%
Volume: 1.48M
Dec. 2, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$911.52 million
Rev. per Employee
$309,847
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/zigman2/quotes/214577525/delayed
CA : Canadian Securities Exchange
$ 0.03
-0.0050 -14.29%
Volume: 458,205
Dec. 2, 2022 2:55p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$2.91 million
Rev. per Employee
N/A
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