Borealis Foods Reaches Successful Milestone Selling Over 2 Million Units On Amazon
Rhea-AI Summary
Borealis Foods (NASDAQ: BRLS) has achieved a significant milestone by selling over 2.166 million units of their Chef Woo high-protein ramen products on Amazon. The company's monthly online sales have grown by 871%, with their subscription service experiencing a 250% growth in 2024. The success aligns with the projected 4.5% compound annual growth rate for online grocery sales over the next five years. Borealis Foods recently expanded its product lineup, introducing the new Chef Ramsay ramen in collaboration with Gordon Ramsay, available at Walmart stores.
Positive
- Reached 2.166 million units sold on Amazon
- Monthly online sales growth of 871%
- Subscription service growth of 250% in 2024
- New product line expansion with Chef Ramsay collaboration at Walmart
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, BRLS gained 9.54%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Food innovator has amassed over 2.166 million units sold of their unique ramen products on the online platform
Reza Soltanzadeh, Founder and CEO of Borealis Foods expressed his enthusiasm, saying, "Our mission to bring healthy, delicious ramen and affordable, quality ramen options to the market has been accelerated through Amazon. This success demonstrates that, as we expand our distribution and coverage across
This achievement not only reflects the growing popularity of grocery e-commerce but also aligns with broader market trends. Earlier this year, Brick Meets Click reported in its "
"The online success for Borealis Foods underscores the growing demand for the high protein ramen under the Chef Woo label, and we couldn't be more excited." Soltanzadeh added. "The company's monthly online sales have grown by over 871 %, with a surge in customers using our optional subscription service, which ensures automatic monthly delivery. This service has seen a growth of over
"Although the company's goal has been to develop the healthiest ramen on the market, our culinary team has focused on creating delicious ramen people want to eat. We believe healthy ramen should also taste good."
With their Chef Woo Roasted Chicken ramen chosen among the best ramen available at Walmart and Costco, the company is fulfilling that mandate. Additionally, Borealis Foods recently announced an expansion of its product lineup, including the introduction of the new Chef Ramsay ramen, developed in collaboration with renowned chef, Gordon Ramsay, now available in Walmart stores.
About Borealis Foods:
Borealis Foods (NASDAQ: BRLS) is a forward-thinking food tech company on a mission to address human health, growing consumer needs and global food security challenges by developing highly nutritious functional food products that are flavorful, affordable, and sustainable. The Company's focus on affordability and sustainability reflects its deep commitment to making a positive impact on human health while supporting the well-being of our planet.
For more information on Borealis Foods, visit https://borealisfoods.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/borealis-foods-reaches-successful-milestone-selling-over-2-million-units-on-amazon-302295481.html
SOURCE Borealis Foods, Inc.
FAQ
How many units has Borealis Foods (BRLS) sold on Amazon?
What is the growth rate of Borealis Foods (BRLS) monthly online sales in 2024?
What is the subscription service growth rate for Borealis Foods (BRLS) in 2024?
What is Borealis Foods' (BRLS) latest product collaboration?
