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Bezos-Backed Brand NotCo Expands AI-Produced Plant Milk Distribution

FN Media Group Presents Microsmallcap.com Market Commentary

 

New York, NY – August 12, 2021 – The plant-based milk industry is showing no signs of slowing, with new innovative products hitting the shelves of major grocers every day. Plant-based milk companies like the Jeff Bezos-backed plant-based startup NotCo and Else Nutrition Holdings Inc. (TSXV:BABY) (OTCQX:BABYF) are expanding at ‘record speed’ and entering distribution partnerships with big box retailers like Whole Foods, Sprouts Farmers Market, Inc. (NASDAQ:SFM), Wegmans, and Walmart Stores Inc. (NYSE:WMT). NotCo, which uses artificial intelligence (AI) to create milk and dairy alternatives, has expanded its product’s reach to over 3,000 stores in the US since its launch and plans to increase to 8,000 by the end of 2021. Meanwhile, Else Nutrition has extended its offerings to over 900 locations including Sprouts, Big-Y, Raley’s, Natural Grocers, AFS, Haggen, PCC, Mother’s Markets and online retailers iHerb, Thrive and Amazon. At the same time, plant-based meat companies like Tattooed Chef (NASDAQ:TTCF), and Beyond Meat, Inc. (NASDAQ:BYND) are taking advantage of this growing market opportunity through key distribution deals to facilitate wider consumer access to plant-based meat and dairy alternatives.

 

Toddler and children nutrition company Else Nutrition Holdings Inc. (TSXV:BABY) (OTCQX:BABYF) has signed an online sales agreement with Walmart.com. This partnership will give Else Nutrition the opportunity to expand into Walmart’s e-commerce platform by Q4 2021 with its plant-based complete nutrition products for toddlers. Walmart is the US’s largest retailer and has continued to increase its ecommerce sales during the pandemic, offering Else exposure to its large community of shoppers.

 

According to Hamutal Yitzhak, CEO and Co-Founder of Else Nutrition, the new deal with Walmart.com is a huge step for the company. “The sheer size of Walmart.com will help us reach thousands of new families and enable us to scale significantly over the next 3 years.”

 

Else Nutrition has enjoyed a wide reach on Amazon, where its plant-based complete nutrition for toddler as well as its kids complete nutrition product reached Amazon’s top positions in hot new releases in the baby and toddler formula and kids nutritional shakes categories.

 

The announcement that Else will be partnering with Walmart comes shortly after Else Nutrition launched two new product lines to the market: complete nutrition, plant-powered protein shakes for kids and announced its coming launch of its clean plant-based nutrient-dense cereals for babies 6 months and older.

 

Major Plant-Based Companies Partner with Retailers to Bring Their Innovations Closer to Consumers

 

Plant-based companies are working to meet consumer demand and their willingness to try new innovative plant-based animal protein alternatives. As this interest grows, retailers such as Walmart are stocking their shelves with various plant-based offerings.

 

Sprouts Farmers Market, Inc. (NASDAQ:SFM) recently announced it would open a new store in Buford. The new store adds to more than 300 of Sprouts stores across the country and brings the company closer to achieving its goal of opening about 20 stores in 2021. In addition to bringing organic and plant-based foods closer to its customers, the new store will create around 65 employment opportunities for the local community. The company also plans to donate fresh produce that is fit for consumption but not for sale to the Atlanta Community Food Bank.

 

Walmart Stores Inc. (NYSE:WMT) is also partnering with plant-based companies through distribution deals. Walmart has distribution agreements with big plant-based food alternatives including Impossible Foods and Beyond Meat. The company recently expanded its partnership with Beyond Meat, allowing Beyond Meat to bring its products across Walmart’s 2,100 stores across the country. This expansion makes it the second major expansion for Beyond Meat in Walmart in 2021. Other plant-based food and beverage brands available on Walmart include Gardein, Field Roast, Hellman’s, MorningStar Farms,and Healthy Choice.

 

Tattooed Chef (NASDAQ:TTCF) has partnered with Kroger to bring a series of its SKUs in approximately 1800 of Kroger’s stores to allow consumers to access their favorite plant-based alternatives. Among the products Tattooed Chef will bring to Kroger’s stores include, cauliflower mac and cheese bowl, cauliflower pizza bowl with plant-based pepperoni, veggie hemp bowl , buddha bowl, enchilada bowl, plant-based burrito bowl and gochujang chow mein. Consumers can access the new brands of Tattooed Chef’s products by September in nearly all of Kroger’s stores across the country.

 

Beyond Meat, Inc. (NASDAQ:BYND) is expanding its partnership with A&W Canada to distribute it’s new line of plant-based nuggets for a limited time starting August 9, 2021. Beyond Meat has previously collaborated with A&W Canada to distribute its products to the Canadian consumer. This partnership is a significant milestone for Beyond Meat as it coincides with the increasing demand for plant-based meat that matches the taste and texture of animal meat.

 

With more consumers embracing plant-based alternatives, companies in the plant-based milk and meat sectors are seeing the value of expanding their retail presence to reach more consumers. Else Nutrition has expanded its retail presence in major platforms like Amazon and is now expanding to other retailers such as Walmart.

 

For more information on Else Nutrition Holdings Inc. (TSXV:BABY)(OTCQX:BABYF), click here.

 

Disclaimer:  Microsmallcap.com (MSC) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. FN Media Group (FNM) is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated with MSC or any company mentioned herein. The commentary, views and opinions expressed in this release by MSC are solely those of MSC and are not shared by and do not reflect in any manner the views or opinions of FNM. Readers of this Article and content agree that they cannot and will not seek to hold liable MSC and FNM for any investment decisions by their readers or subscribers. MSC and FNM and their respective affiliated companies are a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.

 

The Article and content related to the profiled company represent the personal and subjective views of the Author (MSC), and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author (MSC) has not independently verified or otherwise investigated all such information. None of the Author, MSC, FNM, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment. FNM was not compensated by any public company mentioned herein to disseminate this press release but was compensated twenty five hundred dollars by MSC, a non-affiliated third party to distribute this release on behalf of Else Nutrition

 

FNM HOLDS NO SHARES OF ANY COMPANY NAMED 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 the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MSC and FNM undertake no obligation to update such statements.

 

Media Contact:

FN Media Group, LLC

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+1(561)325-8757

 

Source: Microsmallcap.com

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