- Else Nutrition (TSX:BABY), a plant-based stock, is making a play for the adult nutrition market with the launch of a new version of its ready-to-drink shakes in the U.S. and Canada
- According to Tuesday’s news release, the new product is “the first and only whole-food, plant-powered, complete nutrition drink for adults”
- Else Nutrition develops plant-based food and nutrition products for infants, toddlers, children and adults across the world
- Else Nutrition stock has given back 81.58 per cent year-over-year
Else Nutrition (TSX:BABY), a plant-based stock, is making a play for the adult nutrition market with the launch of a new version of its ready-to-drink shakes in the U.S. and Canada.
According to Tuesday’s news release, the new product is “the first and only whole-food, plant-powered, complete nutrition drink for adults,” optimally positioning the company to capture share in the over US$10 billion North American dairy alternatives market and benefit from the proven benefits of a plant-based diet.
Else’s ready-to-drink shakes for adults are made with whole-food, dairy-free ingredients, including almond butter, sunflower protein flour and buckwheat flour, with each serving providing:
- 280 calories and 14 grams of plant protein.
- Natural fiber, healthy carbohydrates and unsaturated fats, with no cholesterol and low saturated fat.
- 26 essential vitamins and minerals tailored to adult health.
- 50 per cent less sugar than leading competitors with no artificial sweeteners.
- A Clean Label Project-certified product.
The shakes are available now on Amazon.ca, as well as in select retail locations, and will launch in the U.S. in Q2 2025. Else is actively expanding the product line through ongoing flavor development.
Leadership insights
“We are proud to introduce a convenient, clean and delicious option for adults looking to meet their daily nutritional needs,” Hamutal Yitzhak, co-founder and chief executive officer of Else Nutrition, said in a statement. “This launch is a natural progression of our mission to deliver whole-food-based nutrition for all ages. Our adult shakes aren’t just better for you and easier to digest—they’re better for the planet.”
About Else Nutrition
Else Nutrition develops plant-based food and nutrition products for infants, toddlers, children and adults across the world with a specialty in soy-free and dairy-free alternatives. Its products include cereals, shake mixes and ready-to-drink shakes.
Else Nutrition stock (TSX:BABY) last traded at C$0.035 per share. The stock has given back 81.58 per cent year-over-year, heavily discounting management’s ability to:
- Grow market share from C$550,000 in 2019 to C$9.36 million in 2023 backed by a long list of tier-1 retailers.
- Make strategic moves on the path to profitability, including a manufacturing partnership and internal cost-reduction measures to improve margins in the coming quarters.
Join the discussion: Find out what everybody’s saying about this plant-based nutrition stock on the Else Nutrition Holdings Inc. Bullboard and check out the rest of Stockhouse’s stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
(Top photo of Else Nutrition’s adult ready-to-drink shakes: Else Nutrition)