Sophie’s Kitchen Unveils its New Packaging and Innovative Additions to its Growing Line of Plant-Based Seafood Products
Billy Goat Brands Ltd. (“GOAT” or the “Company”) (CSE: GOAT) (OTCQB: BGTTF) (FRA: 26B), a venture capital platform focused on identifying, sponsoring and incubating environmental, social and governance (“ESG”) focused companies in the ocean economy, is pleased to announce that its portfolio company, Sophie’s Kitchen Inc. (“Sophie’s Kitchen” or the “Portfolio Company”), is exhibiting at the Natural Products Expo West (“Expo West”) at the Anaheim Convention Center in California, March 8-12, 2022. Sophie’s Kitchen is exhibiting alongside brands like Daiya, General Mills, and Oatly. GOAT’s Portfolio Company is showcasing its new packaging as well as new additions to its growing line of plant-based seafood products in Booth #319.
Expo West is the largest sustainable and eco-friendly exhibition in North America, which features a range of products from the natural and organic industries. There are various keynote speakers and educational days with a focus on the environment and a more sustainable approach to combatting climate change. Expo West attracts more than 86,000 professionals from the plant-based and sustainable products industry, comprised of 3,600 companies amidst 580,000 square feet of display space. For more information on Expo West, please visit https://www.expowest.com/en/home.html.
Sophie’s Kitchen produces 100% allergen-free, vegan, non-GMO, and soy-free plant-based seafood products. Its products are perfect for the whole family, those allergic to seafood, and those who are looking for a more sustainable diet.
The new additions to the Portfolio Company’s plant-based seafood product line are expected to be available at various retail outlets across North America in 2022, including but not limited to the following items:
– Plant-based Fish Burgers: Original Whitefish, Mango Jalapeno Whitefish, Mediterranean Whitefish, Original Salmon, Spicy Salmon, and Miso Salmon;
– Veggie Cuts: Taco, BBQ Shreds, Spicy Teriyaki and Carnitas, the newest to the line, will be debuted at Expo West; and
– Sauces: Cocktail Sauce and Tartar Sauce.
A recent report by Future Market Insights projected that the global allergen-free food market is expected to attract strong growth at 9.0% CAGR between 2020 and 20301. Notably, the shift in consumer sentiment toward allergen-free foods has been on the rise due to the COVID-19 pandemic. Many consumers are practicing a more sustainable and holistic lifestyle by following vegan and vegetarian diets. GOAT holds up to a 45% interest in Sophie’s Kitchen and is committed to the Portfolio Company’s vision of becoming the leading innovator in the plant-based alternative seafood market.
Management Commentary
“We are excited to showcase our new packaging and line of plant-based seafood products at the Natural Products Expo West. As more consumers adopt plant-based lifestyles, our business continues to grow along with the industry overall,” said Dr. Miles Woodruff, Chief Executive Officer and Co-Founder of Sophie’s Kitchen. “Expo West will position Sophie’s Kitchen to connect with other leaders and innovators driving the plant-based shift for a healthier planet,” added Mr. Woodruff.
“Sophie’s Kitchen continues to push the envelope with its innovative plant-based seafood options. We are committed to supporting its growth as a leader and innovator in the plant-based seafood alternative sector. Once again, GOAT’s Portfolio Company will be exhibiting its great products amongst the other top brands in the space and I believe that Expo West attendees will love the new packaging and products as much as we do,” added Tony Harris, Chairman and Chief Executive Officer of GOAT.
For more information about the Company, please visit https://billygoatbrands.com/. Its final prospectus, financial statements, and management’s discussion and analysis, among other documents, are all available on the Company’s profile page on SEDAR at www.sedar.com.
The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
On behalf of:
Billy Goat Brands Ltd.
SOURCE: Billy Goat Brands Ltd.
