NetworkNewsAudio – PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) Leverages Unique Market Foothold as Plant-Based Food Sector Flourishes

April 15, 2021 11:05:37

Plant-based foods are proving they are re not just a passing vegan fancy. Whether its bean-based burgers or veggie pizzas, the plant-based food trend in the North America has grown from virtual obscurity to become an important segment of the North American diet. Several drivers have spurred phenomenal growth in the sector including healthier eating habits, increased concern for climate and limited natural resources, as well as new techniques that have turned boring veggies into tasty feasts. More and more, consumers are opting for simple, wholesome ingredients in products that taste good. This trend only accelerated as the pandemic took hold, evidenced by Nielsen’s report that alternative meat sales increased 454% in the third week of March 2020 compared to the same week in 2019. Nielsen’s data shows that plant-based meat and milk sales skyrocketed, far outpacing conventional meat and milk sales as Americans stocked up on food during the pandemic. This giant wave of plant-based food demand doesn’t appear temporary but likely represents a lasting shift in consumer preferences. Not counting the pandemic surge in growth, the plant-based food sector ballooned over 33-fold during the last 15 years, with no signs of slowing. As a result, plant-based online groceries are also thriving as sustainability-focused products are growing more than five times faster than other product categories, generating the highest growth in the consumer goods sector. Operating at the intersection of three high-growth sectors — plant-based products, e-commerce/technology and consumer-packaged goods — PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) (Profile) is fast becoming the premier digital interface for plant-oriented consumers. As the first public company known to be fully focused on the plant-based e-commerce space, PlantX intends to leverage its first-mover status to become the global go-to place for everything plant-based. As it works to become, first and foremost, an e-commerce platform that carries multiple plant-based brands under one roof, PlantX looks to be following the model implemented by Amazon.com Inc. (NASDAQ: AMZN), which has become renowned for carrying a huge variety of products under one roof. PlantX is also following steps taken by both Amazon and Apple to succeed through both educating and serving its customers. Others in the plant-based sector, including Beyond Meat Inc. (NASDAQ: BYND) and The Very Good Food Company Inc. (OTCQB: VRYYF), have a narrower focus on the development and sale of alternative meats, while US Vegan Climate ETF (NYSE ARCA: VEGN) has made a significant commitment to sustainability by not investing in any company that hurts the environment or harms animals.

To hear the NetworkNewsAudio version, visit https://nnw.fm/P3HxH

To view the full editorial, visit https://nnw.fm/LpH22

About PlantX Life Inc.

As the digital face of the plant-based community, PlantX’s platform is the one-stop shop for everything plant-based. With its fast-growing category verticals, the company offers customers across North America more than 10,000 plant-based products. In addition to offering meal and indoor plant deliveries, the company currently has plans underway to expand its product lines to include cosmetics, clothing and its own water brand — but the business is not limited to an e-commerce platform. The company uses its digital platform to build a community of like-minded consumers and, most importantly, provide education. Its successful enterprise is being built and fortified on partnerships with top nutritionists, chefs and brands. The company eliminates the barriers to entry for anyone interested in living a plant-based lifestyle and thriving in a longer, healthier and happier life. For more information, visit the company’s website at www.Investor.PlantX.com.

NOTE TO INVESTORS: The latest news and updates relating to PLTXF are available in the company’s newsroom at https://nnw.fm/PLTXF

About NetworkNewsAudio

NetworkNewsAudio, a service of NetworkNewsWire (NNW), allows you to sit back and listen to market updates, interviews and company press releases. NetworkNewsAudio keeps you informed on publicly traded companies we’re watching. The audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio is a Brand Awareness Distribution Solution from NetworkNewsWire.

For more information, visit www.NetworkNewsAudio.com

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

NetworkNewsWire is part of the InvestorBrandNetwork.