on Bettermoo(d) Food Corporation (NASDAQ:MOOOF)
Bettermoo(d) Secures Initial Orders for Moodrink Barista™ from Key Distributors
VANCOUVER, BC / ACCESSWIRE / September 13, 2024 / bettermoo(d) Food Corporation announced it has received initial purchase orders for its Moodrink™ Barista Edition from UNFI Canada and a West Coast coffee shop distributor. These orders come shortly after the product's launch in late August, indicating strong demand for this innovative plant-based beverage.
bettermoo(d) plans to leverage these partnerships to target coffee shops and retail chains in Canada. By offering a product designed for baristas, the company aims to capture a growing segment of the beverage industry, which shows consistent growth in North America.
"The demand for high-quality plant-based alternatives has never been greater," said Nima Bahrami, CEO of bettermoo(d). The North American coffee market was valued at $18.23 billion in 2023 and is projected to grow at a CAGR of 5.8%.
R. H.
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