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Global Health Kick Creating $276 Billion Alternative Foods Opportunity

Millions of us are on a health kick. We’ve become far more health conscious. We want to look better and feel better. To do so, we’re eating…

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This article was originally published by http://www.baystreet.ca/articles/stockstowatch.aspx?id=10633
Millions of us are on a health kick. We’ve become far more health conscious. We want to look better and feel better. To do so, we’re eating healthier than ever before, more aware of what we’re putting in our mouths. It’s why millions of people are turning to functional foods and super foods. All in an effort to address specific health concerns and performance needs, boost immune systems, increase day-to-day productivity, and even focus. There’s been so much demand, the functional foods market could be worth up to $275.77 billion, and expand by an estimated 7.9% a year, according to Global View Research. With healthy demand for superfoods, some of the top companies to watch include Rritual Superfoods Inc. (CSE:RSF)(OTC:RRSFF), Else Nutrition Holdings Inc. (TSXV: BABY)(OTCQX: BABYF)(FSE:0YL), Burcon NutraScience Corp. (TSX:BU)(NASDAQ:BRCN), Very Good Food Company Inc. (CSE:VERY)(OTC:VRYYF), and Rite Aid Corporation (NYSE:RAD). Rritual Superfoods (CSE:RSF)(OTC:RRSFF) Now Available Online at Rite Aid Rritual Superfoods Inc. just announced the Company’s premium brand of functional superfoods have launched online with Rite Aid, expanding the Company’s distribution and growing consumer awareness throughout the USA. “Rritual’s launch on the Rite Aid ecommerce platform is a significant step in the Company’s growth and strategic focus to grow rapidly with national retail exposure,“ said Mr. David Kerbel, Rritual CEO. “Response from retail buyers to the Rritual brand, and our innovative product line continues to strengthen our mission and putting Rritual products within arm’s reach of consumers across the country.” Rite Aid’s online platform features the following Rritual Superfood Powders: - Chaga IMMUNE with adaptogens Eleuthero Root and Astragalus to support healthy immune function and well-being all year round. - Lion's Mane FOCUS with adaptogens Rhodiola Rosea Root and Bacopa to support brain health and cognitive function. - Reishi RELAX with adaptogen Ashwagandha and cacao to help the body adapt to stress. Rritual has been pleased the initial response and observed all three products listed as trending on the homepage. Find Rritual’s products at: https://www.riteaid.com/shop/catalogsearch/result/?q=rritual Rritual product offerings are all USDA-certified organic and are a caffeine-free option that can be mixed with other beverages or enjoyed by itself. Rritual's proprietary Immune-Synergy Six Mushroom Blend is the only functional health product on the market that contains a daily prebiotic blend which nourishes a healthy gut microbiome and facilitates balanced digestive function. Other related developments from around the markets include: Else Nutrition Holdings Inc. announced results for its first quarter ended March 31, 2021. Management is pleased to announce it achieved significant progress executing its go-to-market plan in the US market to become one of the leading providers of baby food products as a healthy alternative to dairy-based formulas. Q1 2021 revenues of C$1,135 thousand, an 90% growth over revenues of C$598 thousand in Q4 2020 and an increase of 282% vs. revenues over C$297 thousand in Q1 2020. 149% growth in quarter-over-quarter Formula revenues of C$862 thousand in Q1 2021 over C$346 thousand in Q4 2020.  First quarter to recognize formula revenues from the retail market. The Company successfully launched retail sales at Sprouts Farmers Market, a leading natural food retailer in the US. Burcon NutraScience Corp., a global technology leader in the development of clean-label, plant-based proteins for foods and beverages, is pleased to share that its joint venture company, Merit Functional Foods Corporation received a second co-investment from Protein Industries Canada, which will see Merit Foods’ game-changing pea and canola protein ingredients utilized in new plant-based products. The project will see Merit Functional Foods, TWC Nutrition, Daiya Foods and Grand River Foods partnering to develop new plant-based products which may include meat and dairy alternatives, ready-to-drink beverages, supplement powders and other plant-based applications for the global food and beverage market.  Led by Merit Foods, this project has a total investment of $7.9 million with Protein Industries Canada providing half of the total investment into the project. Very Good Food Company Inc., a leading plant-based food technology company, announced that its flagship brand - The Very Good Butchers - will be available to U.S. customers through its new Amazon store by the end of June 2021. The Amazon.com launch strongly supports VERY GOOD's mission to make plant-based eating not only nutritious and delicious, but approachable and accessible. U.S. customers will soon have access to the Company's popular bean-based products through their well-known Butcher Boxes which include some of The Very Good Butchers best sellers such as Very Good Pepperoni, The Very British Banger, The Very Good Burger and the Taco Stuff'er. VERY GOOD's Butcher boxes will also be available through Amazon's app making it even easier for consumers to order its delicious products. Rite Aid Corporation reported operating results for its fourth quarter and fiscal year ended February 27, 2021.For the fourth quarter, the company reported net loss from continuing operations of $18.5 million, or $0.34 loss per share, Adjusted net loss from continuing operations of $41.8 million, or $0.78 loss per share, and Adjusted EBITDA from continuing operations of $41.3 million, or 0.7 percent of revenues. 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. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Rritual Superfoods Inc. by Rritual Superfoods Inc. We own ZERO shares of Rritual Superfoods Inc. Please click here for full disclaimer. Contact Information: 2818047972 ty@LifeWaterMedia.com

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