- Eat & Beyond’s (EATS) wholly-owned subsidiary, Banana Wave has updated the formulation of its Unsweetened Original, plant-based, dairy-free banana milk
- Banana Wave offers a line of non-dairy banana milk made with bananas and oats and flavoured with natural ingredients
- Eat & Beyond is an investment issuer that makes it easy to invest in the future of food
- Eat & Beyond Global Holdings Inc (EATS) remains unchanged, trading at C$0.10 per share at 4:15 pm ET
Eat & Beyond’s (EATS) subsidiary, Banana Wave, has updated the formulation of its Unsweetened Original, plant-based, dairy-free banana milk.
Banana Wave offers a line of non-dairy banana milk made with bananas and oats and flavoured with natural ingredients. The beverages are available in five flavours: Original, Unsweetened Original, Mango, Chocolate, and Strawberry. It offers a creamy, smooth texture while being naturally fat-free.
Steven Gelerman, CEO of Banana Wave, commented on the news.
“The updated formulation offers improved texture and flavour with a simplified ingredient list. We are committed to offering the best products that we can. This means focusing on continuous improvement and thoughtful product development, driven by engagement with our customers.”
Latest market research projects the global dairy alternatives market to reach USD 68.79 billion by 2030 from USD 25.2 billion in 2021 at a CAGR of 11.8 per cent.
Eat & Beyond acquired Banana Wave in 2022. It has been working closely with the brand to expand its market share through new product innovation and increased marketing initiatives.
Eat & Beyond is an investment issuer that makes it easy to invest in the future of food. It identifies and makes equity investments in global companies that are developing and commercializing innovative food tech as well as plant-based and alternative food products.
Eat & Beyond Global Holdings Inc (EATS) remains unchanged, trading at C$0.10 per share at 4:15 pm ET.
