FinancialNewsMedia.com News comment
Palm Beach, Florida.And the September 22 2022 /PRNewswire/ — The global nutritional food market has emerged from the pandemic as a market that is expected to continue to grow rapidly in the coming years. Human bodies need vitamins and minerals, known as micronutrients. These micronutrients nourish the body and help keep it healthy. Rising health awareness is escalating the growth of the nutritional foods market. These nutrients can reduce your risk chronic diseases. According to DATA BRIDGE Market Research, the global nutritional food market, which is evaluated in 5.40 billion US dollars In 2021, it is expected to arrive 11.08 billion US dollars by 2029, registering a compound annual growth rate of 9.40% over the forecast period 2022-2029. The market report said: “Nutrition refers to the physiological and biochemical process by which an organism uses food to support its life. This includes absorption, biosynthesis, excretion, ingestion, assimilation, and catabolism. Nutrient-rich foods are known to be low in sodium, sugar and bad fats. and starches, and they also contain a large amount of vitamins and minerals.” The increase in cases of malnutrition and poor diets all over the world acts as one of the main factors driving the growth of the nutritional food market. Implementation of nutrition labeling and claims regulations due to the benefits to the food industry of food labels and claims is accelerating market growth. Increasing demand for food and Nutritional supplements Due to the growing health awareness, it is having a greater impact on the market. Among the companies active in the markets this week: Pangea Natural Foods Inc. (OTCQB: PNGAF) (Custom Search Engine: PNGA), Beyond Meat, Inc. (NASDAQ: BYND), Simply Good Food Company (NASDAQ: SMPL), United Natural Foods, Inc. (New York Stock Exchange: UNFI), The Very Good Food Company Inc. (NASDAQ: VGFC) (TSX-V: VERY).
The report continued, “Moreover, stringent regulations for edible beverages expand profitable opportunities for market players in the forecast period 2022 to 2029. Rising demand for nutrition analysis will also lead to market expansion. North Amarica The food-grade food market is dominated by increased outbreaks of foodborne diseases within the region. Asia Pacific (APAC) is expected to experience significant growth during the forecast period from 2022 to 2029 due to the high prevalence of obesity in the region.”
Pangea Natural Foods Inc. (OTCQB: PNGAF) (CSE: PNGA) Breaking news: Pangea announces the inclusion of products in urban prices, Western Canada Gourmet supermarket chain – Pangea Natural Foods Inc. is pleased to (“Pangea” or “the Company”), a natural food company, to announce the inclusion of its old-fashioned margarine in all urban fare Shops located in many of the upscale neighborhoods of British Columbia And the Alberta.
urban fare is a subsidiary of Pattison Foods Group, which is Canada The largest western provider of food and health products. Headquartered in British Columbia, CanadaThe Pattison Food Group’s legacy stretches back 107 years in business and now employs more than 30,000 team members. Currently with 6 locations across VancouverAnd the CalgaryAnd the KelownaAnd the urban fare It is primarily upscale, with an emphasis on fine, organic, and imported foods.
Old-fashioned Pangea ghee is now in effect on the six menu urban fare locations in British Columbia And the Alberta. The Company’s Old Fashioned Ghee is an organic, grass-fed butter sourced from New Zealand.
Pangea CEO, Pratap SandhuComment on the company’s new distribution with urban fareOfficially, this is our second listing with Pattison Food Group, where we already sell our products at Save-On-Foods locations. Now it’s added to shelves all over the world. urban fare sites, we see this as yet another vote of confidence certifying the elite quality of this ancient ghee product. We look forward to introducing our products to urban fare Customers known for their distinct tastes and focus on delicious, nutritious and sustainable eating.”
Ghee is a form of yellowed, unsalted butter that is converted into pure fat at a high smoking point, with the milk solids removed, meaning even lactose intolerant people can enjoy leftover pure ghee. continued… Read this full version and more news about Natural Pangea Food in: https://www.pangeafood.com/ Other recent developments in the industry include:
Beyond Meat, Inc (NASDAQ: BYND) And Taco Bell recently announce Unveiled a first-of-its-kind product to change its category: Beyond Carne Asada Steak™. This brand new but totally delicious vegan protein will be available at select Taco Bell locations in the Dayton, Ohio area beginning October 13th, for a limited time, while supplies last. This is Taco Bell’s latest move as QSR’s vegan leader.
“At Taco Bell, we’ve always believed that anyone should be able to choose vegan menu items without compromising on the flavors they crave,” said Liz Matthews, Taco Bell’s chief global food innovation officer. “That’s why we at Taco Bell are thrilled to reveal the result of our long-standing partnership with Beyond Meat, which has never before been in the QSR industry. The vegan carne asada steak is just the latest step in our history in creating some of the most unique and worthy offerings for all fans “.
Simply Good Foods Inc. (NASDAQ): SMPL)developer, marketer and seller of branded nutritional foods and snack products, recently mentioned Financial results for the thirteenth and thirty-nine weeks ending May 28, 2022.
“We are pleased with the third quarter financial results and the strong performance of our business in the market, which continues to be driven by our focus on growth and the ability to effectively execute in a challenging operating environment,” he said. Joseph E. Scalzo, President and CEO of Simply Good Foods. “Net sales were up 11.5% and combined quantified and unmeasured retail takeaway growth in the US was about 15%, in line with the core North Amarica Increase net sales. The net sales increase in the quarter was larger than our expectations due to better-than-expected retail takeaway growth and increased customer inventory that was not drawn during the quarter. In the third quarter, supply chain costs were greater than they were last year and in line with our expectations.”
United Natural Foods Inc (NYSE: UNFI) newly announce It has added two new meal solutions to its offering to better allow retailers to meet the growing demand for quality restaurant fast food, while reducing in-store labor and time to create similar products themselves. Meal solutions are available nationwide to over 30,000 UNFI service locations.
New trendy meal solutions, Fresh Meals from Cook • Able and Frozen Meals from Rhythm Kitchenallowing UNFI to quickly introduce additional high-quality product options that help customers differentiate their offerings at a time when consumers increasingly rely on the local retailer for meal options.
“As consumers continue to prefer eating at home versus dining out, retailers are looking to provide delicious, easy-to-use products to time-challenged consumers and repeat restaurant experience at budget-friendly prices,” he said. Jodi BarrickVice President of Bakery/Deli at UNFI. These chef-inspired presentations from Cook • Able and Rhythm Kitchen Giving retailers a quick, delicious and affordable turnkey experience, allowing their teams extra time to focus on serving their customers.”
The Very Good Food Company Inc. (NASDAQ: VGFC) (TSXV: VERY.V)a leader in plant-based food technology, recently mentioned Foodservice distribution gains with two of the largest foodservice providers in North America.
Availability with these large distributors is expected to significantly increase the availability of VERY GOOD natural, plant-based food products to restaurants, healthcare and educational facilities, hospitality companies and other businesses throughout Canada.
Parmal RanaVERY CEO, commented, “Qualifying these foodservice providers for delivery within Canada, marks an important progression in our strategic initiative announced earlier this year as we establish a foothold in the foodservice channel. Product availability with providers leads These food services significantly expand our reach and enhance consumer familiarity with VERY’s clean, plant-based meat production line.”
Disclaimer: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is an external publisher and news publishing service provider, which disseminates electronic information through multiple online media channels. FNM is not affiliated in any way with any company mentioned here. FNM and its affiliates are a news publishing solutions provider and are not a registered broker/dealer/analyst/advisor, do not hold any investment licenses and may not sell, offer to sell or offer to buy any security. Market updates, news alerts, and company profiles at FNM are not an invitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is never construed or construed as research material. We strongly urge all readers to do their own research and due diligence and consult with a licensed financial professional before considering any level of equity investment. All material included here is republished content and details previously published by the companies mentioned in this release. FNM is not responsible for any investment decisions made by its readers or subscribers. Investors are warned that they may lose all or part of their investment when investing in stocks. For the current services performed, FNM . has been compensated Nine hundred and forty dollars For news coverage of current press releases issued by Pangea Natural Foods Inc. by an unaffiliated third party. FNM does not own any shares of any company whose names appear in this release.
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made in accordance with the provisions of the Private Litigation Reform Act 1995 Securities Exchange. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan,” “planned,” “will,” “should,” “expect,” “expected,” ‘expected’, ‘draft’, ‘ultimately’ or ‘expected’. You are cautioned that such statements are subject to many risks and uncertainties that could cause future conditions, events or results to differ materially from those projected in the forward-looking statements, including risks that could cause actual results to differ materially from those projected in the forward-looking statements. As a result of various factors, and other risks identified in the company’s annual report on Form 10-K or 10-KSB and other filings that that company has filed with the Securities and Exchange Commission. You should take these factors into account when evaluating the forward-looking statements made here, and do not rely unnecessarily on such statements. The forward-looking statements in this statement are made as of the date of this release and FNM does not undertake any obligation to update such statements.
Media contact email:
#global #nutritional #food #market #expected #reach #billion #demand #healthy #options #grows