Nutrition Firm Expanding into the Fast Growing Kids Market

By: Dylan Sikes – AllPennyStocks.com News

Thursday, August 3, 2023

Revenues for the kids nutrition market is estimated at US$52 billion in 2022 and to grow at a CAGR of 5.5 percent from 2023 to 2033, according to a recently published report. And this company is introducing its first ready to drink formula in the fast growing North America market. Else Nutrition Holdings Inc. (TSX :BABY ) (OTO:BABYF) announced in a press release it will introduce its first-ever Ready-To-Drink (RTD) products in the form of Kids Nutritional Shakes in Vanilla and Chocolate flavors.

The firm is leveraging the impressive performance of their powdered nutritional drinks and protein shakes for kids, and taking a significant step into the larger RTD market, capitalizing on their acclaimed quality and plant-powered nutrition.

Shares were up, trading at $0.68 in morning activity.

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