Apr 26, 2022 (Baystreet.ca via COMTEX) -- The plant-based market is sprouting – and fast. In fact, “Plant-based popularity is shifting the foodservice sector towards more sustainable and healthier ingredients, in light of both the climate crisis and the pandemic. The trend is occurring across the entire market, marking a significant shift in both restaurant sourcing and consumer demand. The report also found that 9.2 percent of restaurants in the US incorporate vegan meat in their menus,” as noted by TheBeet.com. With solid growth ahead, investors should keep an eye on Komo Plant Based Foods /zigman2/quotes/214577525/delayed CA:YUM -6.25% (otcqb:KOMOF), Else Nutrition Holdings Inc. /zigman2/quotes/201623942/delayed CA:BABY 0.00% (otcqx:BABYF), Oatly Inc. /zigman2/quotes/226726562/composite OTLY -4.00% , good natured Products Inc. /zigman2/quotes/200277468/delayed CA:GDNP +7.14% , and Tattooed Chef Inc. /zigman2/quotes/203595462/composite TTCF +4.20% .
Komo Plant Based Foods Is Growing Distribution Across Canada
Komo Plant Based Foods Inc. a premium plant-based food company, is pleased to announce that Horizon Nature is now carrying all Komo frozen plant-based products for distribution, with a focus on Quebec and the Maritimes with a growing market in Ontario.
Horizon Nature is a full-service distributor to natural, independent and grocery banners.
Founded in 2003, the company is still a Quebec family owned business today. Operating from a vast and modern distribution centre in St-Léonard, Horizon Nature offers a wide variety of local, national and global brands supported by an experienced sales team. As a supplier to Metro, Provigo, Tau and Avril, they offer a range of products spanning from fresh to dry grocery and frozen, with an emphasis on healthy whole foods as well as products across various dietary needs, whether gluten free or vegan ingredients and meals.
“The whole team here at Horizon Nature is very excited to start a partnership with Komo Comfort Foods. Our retail customers have been hearing the great reviews from the west and Komo is a real solution for families needing a well-priced meal everyone can enjoy!”, Martin Trottier, Director, Business Development & Sales.
Other related developments from around the markets include:
Else Nutrition Holdings Inc. announced the release of its plant-based Else Super Cereal for babies, furthering the brand's mission to provide families with sustainable, dairy-free alternatives of complete nutrition products for toddlers and kids. Entirely plant-based, organic, non-GMO, and made with real whole foods, the four-flavor range of Else Super Cereal now offers parents a real alternative to today's standard baby cereals. Else Super Cereal provides a unique combination of balanced nutrition, gluten-free carbohydrates, high-quality plant proteins, with all nine essential amino acids, healthy fats, and 20+ essential vitamins and minerals. Else Super Cereal is the first and only baby cereal line in the U.S. granted the Clean Label Project Purity Award, which tests products for over 400 impurities, including heavy metals like arsenic, lead, cadmium, and others. Else uses the cleanest ingredients, all sourced from the U.S. and Europe, and has developed an innovative proprietary ingredient processing method to ensure the highest level of purity and whole ingredients for its baby nutrition.
Oatly Inc., the world’s original and largest oat drink company, will report financial results for the first quarter ended March 31, 2022, on Wednesday, May 4, 2022, before the U.S. market opens. Oatly will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. The conference call and simultaneous, live webcast can be accessed on Oatly’s Investors website at https://investors.oatly.com under “Events.” The webcast will be archived for 30 days.
good natured Products Inc., a North American leader in plant-based products, announced that ForageGirl, a brand of Norcliff Farms and North America's largest producer of fiddleheads, will be shipping this year's harvest in new custom-designed, BPI-certified compostable packaging supplied by good natured®. Companies and consumers are actively seeking out new foods with shorter and cleaner supply chains*. ForageGirl Fiddleheads is on a mission to supply fresh, sustainably foraged, fiddleheads to plates throughout Canada and the United States. These vegetables are foraged by hand in New Brunswick, Quebec and Ontario - and then delivered in as few as 30 hours to major grocers, including Sobeys, Metro, Safeway, and Loblaws.
“2021 was a milestone year for Tattooed Chef,” said Sam Galletti, President and CEO. “We grew our revenue by approximately 44%, consummated two transformative acquisitions, expanded our national presence, diversified our channel and customer mix, and broadened our product line. That these financial and operational achievements were realized against a backdrop of supply chain stresses and pricing pressures is a testament to our team, the resiliency of our vertically integrated infrastructure, growing interest in our plant-based offerings, and a validation of the investments we are making in our people, products, and processes.
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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