Komo Plant
Based Foods Developing New Line of Vegan Desserts
Vancouver, B.C.
- September 21, 2021 -- InvestorsHub NewsWire -- Komo Plant
Based Foods Inc. (CSE: YUM)
(OTC:KOMOF)
(FSE:9HB) ("Komo"), is pleased to announce that it is working
on prototypes for a plant-based desserts line.
Komo is developing the new
desserts in its research and development kitchen using 100%
plant-based and wholesome ingredients to create premium comfort
favourites designed to make plant-based eating easy, yet ultimately
satisfying.
Komo plans to launch the new
sweets line through its direct-to-consumer platform in November
2021. The goal is to launch new products locally with the intention
of garnering initial consumer feedback on new concepts and
innovation. This feedback will be used as a guide for ensuring the
product meets customer expectations and validates the demand of new
ideas. If the new products are well received, then
Komo will scale up manufacturing for a nationwide launch through
retail channels in 2022.
"As a plant-based consumer I've
noticed it's often difficult to find products that are wholesome,
vegan, convenient and satisfy the sweet cravings," says Jeffrey Ma,
President and CEO of Komo's operating subsidiary Komo Plant Based
Comfort Foods. "We can't wait to share our new products with
existing and new consumers. Everything we make is aimed to
make plant-based eating easier without giving up taste,
satisfaction and the joy of sharing foods with others. 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 Research and
Development Project Lead at Daiya Foods Inc. from 2012 to 2015 and
as the Research & Innovation Manager at VEGA (Danone Company)
from 2015 to 2019, while the company grew to the #1 plant-based
protein powder brand in North America (acquired by Danone Co. in
2016).
The plant-based desserts are the
third line of plant-based products that Komo has been developing
this year. The first was Komo's ready-to-bake comfort classics,
launched in March 2021, with plant-based Lasagna, Shepherd's Pie
and Chick'n Pot Pie. Komo launched a second line, Komo Plant-Based
Meal HelpersTM,
in June 2021, as versatile meal starters to allow the
creation of many dishes at home.
The
global plant-based dessert market size had a value
of
USD
2.77 billion in 2019 and is expected to grow at a compound annual
growth rate of 10% from 2020 to 2027, according to Grandview
Research.
https://www.grandviewresearch.com/industry-analysis/vegan-dessert-market
About
Komo
Komo Plant Based Foods Inc. is a
premium plant-based food company that develops, manufactures and
sells a variety of plant-based frozen meals that are always hearty,
satisfying, and made with wholesome ingredients. At Komo, our mission is to help make
plant-based meals a staple on every dinner table by sharing our
love for feel-good food that connects the people to the planet.
We believe plant-based eating is the future and
- Change can start with a single biteTM.
Our experienced plant-based innovation and development team
recreates vegan versions of traditionally cheesy and meaty
classics, with 100% plants. Komo's products are sold
direct-to-consumer through our eCommerce website and a distribution
network of online and brick and mortar grocery, convenience and
natural retailer channels. Our operating subsidiary Komo Comfort
Foods launched in 2021 with our flagship products: plant-based
Lasagna, Shepherd's Pie and Chick'n Pot Pie and has recently
launched a new line - Komo Plant-Based Meal
HelpersTM
- versatile meal starters to allow the creation
of many dishes at home.
Learn more
at: www.komocomfortfoods.com
and follow
on Instagram:
@komocomfortfoods
For further information, please
contact:
William White, President &
CEO, Komo Plant Based Foods Inc.
will@komoeats.com
1-866-969-0882
The Canadian
Securities Exchange has not reviewed, approved or disapproved the
contents of this news release.
Cautionary
Statement Regarding Forward-Looking Statements
Certain
statements contained in this press release constitute
forward-looking information. These statements relate to future
events or Komo's future performance. The use of any of the words
"could", "expect", "believe", "will", "projected","estimated" and
similar expressions and statements relating to matters that are not
historical facts are intended to identify forward-looking
information and are based on Komo's current belief or assumptions
as to the outcome and timing of such future events. Actual future
results may differ materially. In particular, Komo's product
development plans, its ability to retain key personnel, and its
expectation as to the acceptance of its products by
consumers
constitute
forward-looking information. Actual results and developments may
differ materially from those contemplated by forward-looking
information. Readers are cautioned not to place undue reliance on
forward-looking information. The statements made in this press
release are made as of the date hereof. Komo disclaims any
intention or obligation to publicly update or revise any
forward-looking information, whether as a result of new
information, future events or otherwise, except as may be expressly
required by applicable securities laws.