More than 54% of Americans Have Now Tried Plant Based Alternatives

October 07, 2021 -

There’s growing demand for plant based food. In fact, according to Research and Markets, “In North America, the plant-based meat category is no longer being driven solely by vegetarian demand and is stimulating interest in a far broader base of consumers than the vegetarian spectrum alone. Health concerns are the most prominent driver in the reduction of meat consumption, but cost, animal welfare and global warming also feature prominently.” In addition, according to a new survey from, 54% of Americans have tried plant based foods available at fast food chains. About 60% said they would continue eating plant based foods for health reasons. All of which is driving growth to companies like Komo Plant Based Foods (CSE:YUM) (OTC:KOMOF)(FSE:9HB), Else Nutrition Holdings Inc. (TSXV: BABY)(OTCQX: BABYF)(FSE:0YL), Guru Organic Energy Corp. (TSX:GURU), The Hain Celestial Group (NASDAQ:HAIN), and MustGrow Biologics Corp. (CSE:MGRO)(OTC:MGROF).

Look at Komo Plant Based Foods (CSE: YUM)(OTCQB: KOMOF) For Example

Komo Plant Based Foods Inc., a premium frozen plant-based food company, announces it entered into an agreement on September 30, 2021 with SubZero Cold Logistics, a division of Radius Transport Ltd., for cold storage and cold chain services, in a facility in Canada close to the USA border.

SubZero operates a frozen cold storage in South Surrey, BC, which is a 10 minute drive from a USA commercial truck crossing. The facility provides storage for frozen foods and offers cross docking, import/export, container services and a wide-reach transportation services around Metro Vancouver and across North America. Sub Zero is a CFIA regulated and inspected facility and is HACCP compliant.

“Komo selected SubZero because of its high standards to maintain food integrity and safety throughout the cold chain, as well as its location which is close to a USA truck crossing and less than an hour drive from 3 major ports,” says Komo CEO William White. “SubZero works seamlessly with Radius Transport, a reputable refrigerated carrier in Greater Vancouver and across North America, which will complement our growth plan for expansion across Canada and into the US market.”

Komo will store its food at SubZero’s innovative new facility that offers temperature ranges from -20 degrees Celsius and a refrigerated loading dock to maintain correct product temperatures to ensure the integrity of frozen foods. SubZero uses a sophisticated warehouse management system which includes EDI capabilities, inventory management, and 24/7 online access to customer data. To ensure a high standard of food safety compliance, SubZero follows a HACCP-based program. Hazard Analysis Critical Control Point (HACCP) is a management system in which food safety is addressed through the analysis and control of biological, chemical, and physical hazards from raw material production, procurement and handling, to manufacturing and distribution.

Other related developments from around the markets include:

Else Nutrition Holdings Inc. announced the launch of a new dedicated Health Care Professional (HCP) Website in the U.S. Parents in the U.S. rely heavily on their pediatrician for advice when it comes to feeding their baby/toddler. In fact, data shows that 89% ask their pediatrician for a specific recommendation related to nutritional products. Additionally, many simply confirm whether what they want to use is suitable for their child, via their pediatrician. “We are pleased to provide this resource to over 80,000 pediatricians in the U.S. as well as many other healthcare professionals,” Stated Hamutal Yitzhak, CEO and Co-founder of Else Nutrition.

Guru Organic Energy Corp. announced its results for the third quarter and nine-month period ended July 31, 2021. “First, our exclusive distribution agreement with PepsiCo in Canada is a strong endorsement of the GURU brand as a healthy alternative for consumers in the energy drink category. Our transition to PepsiCo's Canadian distribution operations ahead of the October 4, 2021 effective date is progressing well and as planned. This new way of doing business will vastly simplify our customer relationship management and distribution operations in Canada and will enable us to focus exclusively on supplying PepsiCo and on increasing GURU’s brand awareness as the healthy alternative in the energy drink space across Canada. Second, the $49.6 million in gross proceeds generated by our recently completed bought deal and private placement further strengthen our financial position to over $75 million of cash and credit facilities. This enables us to ramp up our brand positioning and marketing efforts across North America and in support of PepsiCo.”

The Hain Celestial Group, a leading organic and natural products company with operations in North America, Europe, Asia and the Middle East providing consumers with A Healthier Way of Life®, reported financial results for the fourth quarter and fiscal year ended June 30, 2021. Mark L. Schiller, Hain Celestial's President and Chief Executive Officer, commented, "We are very proud of our solid fourth quarter and full fiscal year 2021 results. In spite of the many challenges our industry faced this past year, we continued to successfully execute against our transformation plan, delivering robust full year margin expansion and strong adjusted EBITDA growth. Heading into 2022, we expect another strong year with adjusted net sales growth, margin expansion and adjusted EBITDA growth even in this challenging environment of high inflation and labor shortages."

MustGrow Biologics Corp. announced it has upsized its previously-announced C$2.0 million non-brokered private placement to approximately 2.7 million units (for gross proceeds of approximately C$6.9 million at a price per Unit of C$2.60. Ira Gluskin and Gluskin-related parties have subscribed to invest C$1.0 million in the Private Placement under the same terms and conditions.

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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