- Plant Veda’s (MILK) lassi and creamer products will be available next week in Sungiven Foods
- Sungiven is an Asian-focused grocery chain with 198 locations worldwide
- The initial release comprises six locations across the Greater Vancouver Area
- The placement widens exposure to the Asian community and increases the potential for overseas growth
- Plant Veda offers award-winning plant-based dairy alternatives
- Plant Veda (MILK) is unchanged trading at $1.65 per share
Plant Veda’s (MILK) lassi and creamer products will be available next week in Sungiven Foods.
Sungiven is an Asian-focused grocery chain with 198 locations worldwide. It specializes in food that is less processed and minimizes additives.
The initial release comprises six locations across the Greater Vancouver Area.
The company pursued the placement to achieve greater exposure to the Asian community, which it views as essential to paving the way for international expansion.
Approximately 42 per cent of the Greater Vancouver Area is part of the Asian community.
According to Elevate, seven out of ten Asian consumers stated they were very interested in nutrition and healthy eating, compared to 38 per cent of Western consumers.
Mayur Sajnani, Chief Revenue Officer of Plant Veda, stated,
“I am very excited to have our products available in Sungiven Foods where Asian Canadians shop for healthy, natural and low-processed foods – the same qualities that Plant Veda’s products are known for. We hope to leverage our Canadian success with Sungiven as a possible launch into their locations worldwide.”
Plant Veda offers award-winning plant-based dairy alternatives.
Plant Veda (MILK) is unchanged trading at $1.65 per share as of 9:30 am ET.