Vancouver, British Columbia – February 6, 2023 (Newsfile Corp.) (Investorideas.com Newswire) Komo Plant Based mostly Meals Inc. (CSE: YUM) (OTCQB: KOMOF) (FSE: 9HB0) (the “Firm”, “Komo”), a premium plant‐based mostly meals firm, stories vital development within the variety of retail shops carrying Komo merchandise with a rise of over 100% in 3 months.
Komo Plant Based mostly Meals Inc., a fast-growing plant-based meals merchandise producer, proclaims a 100% improve in retail distribution since November of 2022, now out there in 840 grocery retail places throughout Canada. This spectacular development contains Loblaw’s and Loblaws’ banner shops and the addition of fifty new retail shops in January 2023, together with Georgia Predominant Group (IGA West and Recent St. Market), Sobey’s West, Safeway and Freson Brothers places in western Canada, and key pure accounts equivalent to Boites à Grain in Quebec.
“Our focus has all the time been to offer high-quality, scrumptious plant-based meals and this development in distribution demonstrates that increasingly persons are not solely selecting our merchandise as a part of their weight loss plan however repeat purchases in nationwide accounts equivalent to Loblaw’s banners proceed to show that households are welcoming Komo into their lives on weekly, and generally each day, foundation,” says William White, CEO of Komo. “We consider that handy and healthful plant-based meals is the way forward for sustainable and wholesome consuming, and we’re dedicated to creating our merchandise extra accessible and handy for customers. We sit up for continued development and increasing our attain within the coming months.”
The plant-based meals market may make as much as 7.7% of the worldwide protein market by 2030, with a worth of over $162 billion, up from $29.4 billion in 2020, in keeping with a brand new report by Bloomberg Intelligence (BI). The report Plant-Based mostly Meals Poised for Explosive Progress identifies development places for the plant-based meals market via 2030, as a world animal and dairy protein demand is poised to succeed in $1.2 trillion by then.
About Komo
Komo Plant Based mostly Meals is a premium plant-based meals firm that develops, manufactures and sells a wide range of plant-based frozen meals which are all the time hearty, satisfying and made with healthful substances. At Komo, the corporate’s mission is to assist make plant-based meals a staple on each dinner desk by sharing the corporate’s love for feel-good meals that connects the folks to the planet. The corporate believes plant-based consuming is the longer term and that “Change can begin with a single chew.” The corporate’s skilled plant-based innovation and growth staff recreates vegan variations of historically tacky and meaty classics, with 100 per cent vegetation. Komo’s merchandise are offered direct-to-consumer via the corporate’s e-commerce web site, and a distribution community of on-line and brick and mortar grocery, comfort and pure retailer channels. The corporate’s working subsidiary, Komo Consolation Meals, launched in 2021 with the corporate’s flagship merchandise: plant-based lasagna, shepherd’s pie and chickenless pot pie, and Komo Plant-Based mostly Meal Helpers — versatile meal starters to permit the creation of many dishes at dwelling. Komo’s latest product is Mac & Greens. The entire firm’s merchandise are 100-per-cent plant-based, made with healthful substances, free from preservatives and frozen for freshness. Freezing merchandise is a pure and efficient method of maintaining meals merchandise for longer with out having to make use of any preservatives. Komo’s meals have an 18-month frozen shelf life.
Be taught extra at: www.komocomfortfoods.com and observe on Instagram: @komocomfortfoods For additional info, please contact:
William White, President & CEO, Komo Plant Based mostly Meals Inc.
will@komoeats.com
+1 (236) 8000‐YUM / (236) 800‐0986
The Canadian Securities Trade has not reviewed, permitted or disapproved the contents of this information launch.
Cautionary Assertion Concerning Ahead‐Wanting Statements
Sure statements contained on this press launch represent ahead‐trying info. These statements relate to future occasions or Komo’s future efficiency. Using any of the phrases and related expressions and statements referring to issues that aren’t historic information are meant to establish ahead‐trying info and are based mostly on Komo administration’s present perception or assumptions as to the result and timing of such future occasions. Precise future outcomes could differ materially. Particularly, Komo’s skill to retain key personnel, its projected revenues, its projected bills, its skill to lift capital, and its expectation as to the continued improve within the variety of retailers and customers of its merchandise represent ahead‐trying info. Precise outcomes and developments could differ materially from these contemplated by ahead‐trying info. Readers are cautioned to not place undue reliance on ahead‐trying info. The statements made on this press launch are made as of the date hereof. Komo disclaims any intention or obligation to publicly replace or revise any ahead‐trying info, whether or not because of new info, future occasions or in any other case, besides as could also be expressly required by relevant securities legal guidelines.
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