- PlantX seeks to redefine the plant-based community through e-commerce, content sharing, and community-building efforts
- With over 5,000 plant-based products, the company also promises to be the one-stop-shop for everything plant-based
- It is leveraging the internet and technology to bring its products and services closer to customers
- By doing so, it is laying down the standard operating procedures for achieving success as a plant-based e-commerce enterprise
As of 2019, the plant-based food and beverage market in North America was valued at $14.08 billion (https://ibn.fm/XehMr). Globally, it is projected that by 2027, this industry will be valued at $74.2 billion, representing a CAGR of 11.9% over the forecast period (2020-2027) (https://ibn.fm/owfWJ).
This growth will be attributed to the increasing incidence of intolerance for animal proteins, a growing vegan population, the nutritional benefits offered by plant-based food, along with venture investments in…
NOTE TO INVESTORS: The latest news and updates relating to PLTXF are available in the company’s newsroom at https://ibn.fm/PLTXF
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