Nabati Foods Website: https://www.nabati.ca/
Tentative trading date : Early to mid July, 2021
Nabati Foods Investor Website: https://invest.nabatifoods.com/
Nabati Foods going public under the ticker MEAL on the CSE
Unless you live under a rock or a die hard meat eating hunter you’ve at the very least noticed the explosive growth of the plant-based and alternative protein sector take the world by storm.
PLANT BASED MARKET
“The plant-based food market is expected to grow at a CAGR of 11.9% from 2020 to 2027 to reach $74.2 billion by 2027.
Nabati Foods Global (Soon to be publicly listed on the CSE under the ticker MEAL) is the owner of Nabati Foods, a family-founded food tech company offering whole, natural, plant-based, gluten, and soy-free foods for health-conscious consumers. Nabati was founded in 2014 and has four signature product lines including dairy-free cheesecakes, cheese alternatives, and plant-based meats. Nabati products are distributed in Canada and the US through grocery, foodservice, and industrial channels.
Nabati is the answer to growing consumer demand
Nabati isn’t one of those bandwagon public companies that are just jumping into a hot sector. They are actually being used and sold in major chains with top rated reviews of their products with high demand from consumers & rapidly expanding into new markets across the globe.
High demand plant-based product line
Current products include…
– Dairy-free Cheesecakes: A whole food natural alternative to legacy cheesecakes using quality ingredients.
– Nabati Cheeze: Cheese Alternatives so popular that we can’t keep up with demand. It tastes and melts like dairy cheese!
– Plant-based Meats: Meat alternatives addressing the gap in the market.
– Nabati Egz: We are developing plant-based egg alternative in liquid state that consumers and chefs can cook to make scrambled eggs or omelets
“Demand for our products, especially Nabati Cheeze, has been so enormous, that we had waiting lists that were several months long,” said Ahmad Yehya, CEO of Nabati Foods”
The market is in the early stages of incredible growth and their proven business model positions them at the forefront, making now the right time to invest.
Great branding on their products goes a long way
Not only are they in multiple retailer chains as well as over 100 independent locations what really stands out is their recent news flow of expansion into well-known food franchises, major grocery chains and even expanding into Europe and Asia
Multiple national retailers
Mucho Burrito : Mucho Burrito added Nabati’s vegan cheese to their menu at more than 140 locations.
Metro : Nabati Foods Products Now Available in 150 Metro Grocery Stores Across Ontario
Metro boasts 950 store locations across Ontario and Quebec, and is a leader in grocery and pharmacy under the Metro, Metro Plus, Super C, and Food Basics banners and its likely based on demand Nabati’s plant based products will further expand from their current 150 locations to all of Metro’s 950 locations.
Europe & Asia : Nabati’s signature cheesecake is now available in Hong Kong, the Virgin Islands, and Hawaii, in addition to more than 700 stores in North America. Next up for the Edmonton-based company is European distribution, after securing a deal with major food broker the Saralex Group.
This deal represents Nabati’s first foray into Europe, with distribution expected to start on the Iberian peninsula in Portugal and Spain soon.
– Canada’s Nabati Foods Announces Global Expansion Beginning with Asia and Europe
Nabati has a strong management team behind them as seen on the investor deck but one notable addition to the Nabati board that stands out is Don Robinson. A food industry heavy-weight.
Nabati Foods, a food-tech plant based company has appointed the former CEO and President of Mars Canada, Don Robinson to its Board.
Former Mars Canada CEO Joins Nabati Foods as Executive Chairman of the Board.
Really looking forward to MEAL going public, hope some value was found in this post for others and as always DYODD and GL.