Eat Beyond Joins Plant Based Foods Association (PBFA)
Vancouver, B.C. – December 10, 2020 – InvestorsHub NewsWire
-
Eat Beyond Global Holdings Inc.
(CSE:
EATS)
(OTCPK:
EATBF)
(FSE:
988)
("Eat
Beyond" or
the "Company"),
an investment issuer focused on the global plant-based
and alternative
food sector, is announcing that it has joined the Plant Based Foods
Association (PBFA).
The PBFA is a San
Francisco-based trade association that represents over 170 leading
plant-based food companies and is focused on building a strong
foundation for the plant-based foods industry to succeed and grow.
Launched in March 2016, PBFA works to expand market opportunities
for this fast-growing sector of the
food industry.
"We are very
excited to join the Plant Based Foods Association," said Patrick
Morris, CEO of Eat Beyond. "The association acts as a catalyst for
the industry, providing up-to-date reports and data and working
closely with investors, as well as retailers to expand
opportunities for plant-based food companies."
This May, the PBFA
released a report that showed that U.S. retail sales of plant-based
foods were outpacing total food sales throughout the COVID-19
pandemic and that animal meat sales are declining. During the
16-week period ending April 19, 2020, plant-based food sales were
up 90% when compared to the year prior. Throughout the four weeks
following the "panic buying" period, total plant-based foods sales
grew at 27%, which was 35% faster than total retail
food.
About Eat Beyond Global Holdings
Eat Beyond Global Holdings Inc. ("Eat
Beyond") (CSE:
EATS)
(OTCPK:
EATBF)
(FSE:
988) is
an investment issuer that makes it easy to invest in the future of
food. Eat Beyond identifies and makes equity investments in global
companies that are developing and commercializing innovative food
tech as well as plant-based and alternative food products. Led by a
team of food industry experts, Eat Beyond is the first issuer of
its kind in Canada, providing retail investors with the unique
opportunity to participate in the growth of a broad cross-section
of opportunities in the alternative food sector, and access
companies that are leading the charge toward a smarter, more secure food
supply. Learn more: https://eatbeyondglobal.com/
Find Eat Beyond on
Social Media on LinkedIn, Instagram, Twitter
and Facebook
For media
inquiries, please contact: Brittany@Exvera.com
For investment
inquiries, please contact: Info@Eatbeyondglobal.com
For
further information, please contact Cindy Chiu at
Info@Eatbeyondglobal.com or
(236) 521-6499