- Nabati Foods’ (MEAL) plant-based products are now in stock on Costco.ca
- The products include Nabati Cheeze, the company’s dairy-free cheesecakes and its line of plant-based meats
- The company views the placement as a key step in its plan to scale to meet growing demand
- Nabati Foods offers whole, natural, plant-based, gluten-free and soy-free foods for health-conscious consumers
- Nabati Foods (MEAL) is up by 6.67 per cent and is currently trading at $0.96 per share
Nabati Foods’ (MEAL) plant-based products are now in stock on Costco.ca.
The products include Nabati Cheeze, the company’s dairy-free cheesecakes, as well as its line of plant-based meats.
There are over 100 Costco locations across Canada with more than 12 million members, which is roughly one-third of the country’s population.
According to Statista (2020), Costco was valued at US$35.1 billion, making it the sixth most valuable brand in the world.
Ahmad Yehya, CEO of Nabati Foods, stated,
“Costco is a recognized leader in the grocery category and is known for its wide assortment of high-quality products. One of the key trends that have taken hold throughout the COVID-19 pandemic is online shopping, and this channel will play a major role in the success of Nabati Foods by bringing these products to a wider online audience of consumers.
This year, we substantially increased our manufacturing capacity and we are ready to scale to meet the growing demand for our products.
We are excited to introduce more people to our products and to be working closely with such a respected grocery brand.”
Nabati Foods is a family-founded food technology company offering whole, natural, plant-based, gluten-free and soy-free foods for health-conscious consumers.
Nabati Foods (MEAL) is up by 6.67 per cent and is currently trading at $0.96 per share as of 12:30 pm ET.