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Rising Demand for Plant-based Menus Drives Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF)
May 18, 2022

Rising Demand for Plant-based Menus Drives Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF)

  • Eat Well Investment Group Inc. is a plant-based foods focused investment company dedicated to helping consumers pursue healthier food options while sustaining global food security
  • Eat Well’s investments include subsidiaries Belle Pulses, Sapientia and Amara Organic Foods and establish a portfolio of plant-based food production companies targeting protein alternative and natural baby food markets
  • Distribution agreements with companies such as Walmart, Whole Foods, Sprouts Farmer’s Market, Loblaws and HEB Grocery Company (H-E-B) are making it possible for Eat Well’s investee companies to rapidly increase their consumer reach
  • The company recently announced developments in a special warrant indenture that will trade on the Canadian Securities Exchange through December 2024 as part of its efforts to welcome new investment

When Sodexo Campus, the college and university arm of international foodservice giant Sodexo, announced this month that it will expand its plant-based menu items to 42 percent of the total meals it offers at hundreds of universities across the United States, it heralded the growing importance consumers place on earth-friendly, nutritious plant-based foods, as noted by industry e-magazine Veg News (https://ibn.fm/9zLSS).

“When you see there are more than 20,000 known edible plants on our planet, and yet our food comes primarily from a dozen of them, there is definitely [an] opportunity to change and discover new ways of eating,” Sodexo Food Platform Senior Vice President John Wright stated a few years ago, as reported by VegNews. “Today, we are helping consumers as they look for ways to adopt more sustainable diets.”

The article also reported that a recent survey conducted by Innova Health & Nutrition found that 23 percent of the participants who are between 18 and 25 years old maintain a vegetarian or a vegan diet, and that nearly one-third of youth boosted their consumption of plant-based proteins in 2021 alone.

Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) is a vertically integrated plant-based foods investment company that has been rapidly building its portfolio of production and distribution brands during the past year to market to the growing consumer interest in plant-based foods. 

Bloomberg Intelligence analysts reported expectations that the plant-based market will see explosive growth in coming years, forecasting plant-based foods will increase their representation in the global protein market to 7.7 percent by 2030 with an exponential increase in valuation to more than $162 billion (https://ibn.fm/ZSK2a).

Eat Well’s three major investments — ingredients processor Belle Pulses, food creator Sapientia and baby food brand Amara Organic Foods — sold over 26,000 tons of pure plant-based protein to over 35 countries worldwide during the first year of the pandemic and continue to exemplify Eat Well’s drive to help consumers not only eat more nutritiously, but also participate in global efforts to minimize industrial impacts on the world’s climate. 

During the course of last year, Eat Well gained nearly $60 million (Canadian) in revenue while showing its subsidiaries’ acumen for dealing with supply chain troubles and market issues arising from the worldwide COVID pandemic. 

The company’s products are gaining increased distribution through companies such as Walmart, Whole Foods, Sprouts Farmer’s Market, Loblaws and HEB Grocery Company (H-E-B). 

“It has always been our investment thesis that the globe will shift to more sustainable and environmentally friendly proteins,” CEO and Director Marc Aneed stated earlier this month in a discussion of the company’s efforts to expand global pulse production amid the market disruption caused by the war in Ukraine (https://ibn.fm/0XzFe). “The next 24 months will be crucial for international food security as one of the world’s largest producers of fertilizer, agricultural crops and pulses is effectively closed off from the rest of the world.”

For more information, visit the company’s website at www.EatWellGroup.com.

NOTE TO INVESTORS: The latest news and updates relating to EWGFF are available in the company’s newsroom at https://ibn.fm/EWGFF

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