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Top Plant Based Dessert Stocks that May be Good for the Health of Your Portfolio

Consumers aren’t just switching to plant based meats, cheeses, and fast food, they’re also switching to plant based desserts. Unilever’s Magnum ice cream just added to new lines to its plant based range. As noted by Green Queen, “The Unilever-owned brand, synonymous with luxury frozen desserts, has added the two following demand for its original and almond vegan lines. The minis are a response to consumer feedback.” Cold Stone Creamery just rolled out its first-ever vegan ice cream. Breyers just introduced two new vegan offerings, with Mint Chocolate Chip and Chocolate Chocolate Chip. Yogurtland just added new plant based options that are made with oat milk. While we could list more, it’s further proof the plant based food trend is only getting stronger, with big consumer demand. That’s great news for companies like Komo Plant Based Foods (CSE:YUM)(OTCQB:KOMOF), Danone SA (OTC:DANOY), Blender Bites Limited (CSE:BITE), Odd Burger Corporation (TSXV:ODD)(OTC:ODDAF), and Plant Veda Foods Ltd. (CSE:MILK)(OTC:PLVFF).

Look at Komo Plant Based Foods (CSE:YUM)(OTCQB:KOMOF), For Example

Komo Plant Based Foods Inc., a premium plant-based food company, is pleased to announce the launch of new products as part of its plant-based desserts line. This week Komo launched three variations of a vegan and gluten-free cheesecake made with cultured coconut yogurt (from Yoggu Foods) and Cashew with an oat crust, which include a Vanilla Cheezecake, a Mango Cheezecake and a Strawberry Cheezecake.

Since September 2021, Komo has been developing the cheezecakes in its research and development test kitchen. Each product developed by Komo uses 100% plant-based and wholesome ingredients to create premium comfort favourites that make plant-based eating easy yet ultimately satisfying.

The new dessert line is available this week through Komo Eats, which is available for delivery by Uber Eats and SkiptheDishes in Metro Vancouver. The goal is to test launch new products locally with the intention of garnering initial consumer feedback. This feedback will be used as a guide for ensuring the product meets customer expectations and validates the demand of new ideas. If the cheezecakes are well received, then Komo will scale up manufacturing for a nationwide launch through retail channels later this year.

"As a plant-based consumer, I've noticed it's often difficult to find products that are made with good ingredients, vegan, convenient and satisfy the sweet cravings," said Jeffrey Ma, President and CEO of Komo's operating subsidiary Komo Plant Based Comfort Foods. "We’re pleased to share the cheezecakes we’ve been working on for the past few months. Everything we make is aimed to make plant-based eating easier without giving up taste or ingredients. With the launch of Komo Eats, we now have a platform to introduce new products rapidly to the market and take bolder moves. Naturally, desserts and sweets are the next extension of our plant-based comfort foods platform."

Mr. Ma oversees the Komo plant-based innovation team and has overseen the launch of all of Komo's products. He gained experience in plant-based food development when he was the R&D Project Lead at Daiya Foods Inc. from 2012 to 2015 and as the Research and Innovation Manager at Vega (Danone Company) from 2015 to 2019.

The plant-based desserts are the fourth line of plant-based products that Komo has launched in the past year. The first was Komo's ready-to-bake comfort classics, launched in March 2021, with plant-based lasagna, shepherd's pie and chickenless pot pie. Komo launched a second line, Komo Plant-Based Meal Helpers, in June 2021, as versatile meal starters to allow the creation of many dishes at home. Komo Eats launched ready to eat mac and cheeze bowls and wraps through online delivery apps Uber Eats and Skip the Dishes in November 2021.

The global plant-based dessert market size had a value of $2.77-billion (U.S.) in 2019 and is expected to grow at a compound annual growth rate of 10 per cent from 2020 to 2027, according to Grandview Research.

Other related developments from around the markets include:

Danone SA, “the world's largest yoghurt maker, plans to switch one of its big French factories to plant-based drinks next year in a bet on fast-growing non-dairy milk alternatives,” reported Reuters. “Danone, owner of the Evian water and Activia yoghurt brands, said the French market for plant-based foods has tripled in seven years and should grow another 50% by 2025.”

Blender Bites Limited, a Canadian company involved in the development and marketing of a line of premium, organic and plant-based pre-portioned frozen functional foods, announced record number of purchase orders received in December 2021. Blender Bites is pleased to announce that during the month of December 2021, the Company has received purchase orders totaling CA$495,000. This is an historic record for the number of purchase orders received by the Company in any given month and represents an increase of over 900% in total value of purchase orders compared to the same month in 2020. The total number of purchase orders received in December 2021 alone, also represents a 75% increase over the highest number of purchase orders received in any single month in the Company’s history, close to doubles the number of purchase orders received in the previous month of November 2021 and is equivalent to 70% of the combined total of all orders received in the previous three-month period of September, October, and November 2021.

Odd Burger Corporation, one of the world's first vegan fast-food chains and the first to go public, announced it has signed a franchise agreement for Victoria, its first British Columbia location, continuing its expansion plans throughout Canada and the west. Franchisees John Bowker and Luke Ceraldi are currently seeking a site to introduce Victoria to Odd Burger's affordable, mainstream, healthy, and satisfying vegan fast food. "Victoria is the ideal spot to begin our West Coast takeover, and our partners Luke and John are ready to bring our brand to their city," said James McInnes, Odd Burger co-founder and CEO. "The community will love our indulgent, iconic fast food without the guilt, made from wholesome ingredients like chickpeas, jackfruit, and fresh veggies."

Plant Veda Foods Ltd., an award-winning dairy-alternative food manufacturer, is pleased to announce that the Company has included its newly formulated PlantGurt to the Sampler Box. As announced on November 16, 2021, the Company released a limited-time Sampler Box for consumers to enjoy an assortment of its products as a discounted bundle. Further, on November 30, 2021, the Company announced the launch of its new product line PlantGurt a spoonable yogurt. The original Sampler Box included a two-week supply of plant-based lassies (yogurt), milk, and creamers – now 2 tubs of PlantGurt have been added to the offering. New customers can try a full range of the Company’s products at a 15% discount along with free shipping across Canada and the Continental United States.

Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Komo Plant Based Foods has paid three thousand five hundred dollars for advertising and marketing services to be distributed by Winning Media. Winning Media is only compensated for its services in the form of cash-based compensation. Winning Media owns ZERO shares Komo Plant Based Foods Please click here for full disclaimer.

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