PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) Snatching Market Share in Burgeoning Plant-Based Space
PlantX Life Inc. (CSE: VEGA) (OTCQB: PLTXF) announced a broadcast titled, 'Plant-Based Foods Here to Stay,' highlighting the significant investment in the plant-based sector. In Q1 2020, U.S. plant-based food companies attracted $741 million, indicating strong market potential. PlantX is strategically positioned at the intersection of plant-based products and e-commerce, offering over 10,000 plant-based items. The company plans to expand its offerings into cosmetics, clothing, and water, while also fostering a community focused on plant-based living. The digital platform it operates promotes education and engagement among consumers.
- PlantX is positioned in a high-growth sector with significant market opportunities.
- The company offers over 10,000 plant-based products, enhancing its market presence.
- Plans to diversify product offerings into cosmetics, clothing, and a water brand.
- None.
NEW YORK, April 15, 2021 (GLOBE NEWSWIRE) -- NetworkNewsAudio – PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) announces the availability of a broadcast titled, “Plant-Based Foods Here to Stay.”
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Little wonder that plant-based food producers have attracted investment from venture capital firms and major meat supply companies. Investment in the U.S. plant-based meat, egg and dairy companies in just the first quarter of 2020 was a staggering
$741 million , nearly much as all of 2019. Big money recognized the market opportunity and is quickly moving to capitalize on the global shift in the way meat is produced. Big money is seldom wrong and is hot on the trail of the next big money maker.With a seismic shift afoot, PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) is in a unique position, right at the intersection of some of the highest-growth sectors in the market. In addition to plant-based products, PlantX is an accomplished e-commerce/tech company, efficiently connecting consumers to everything plant-based. The company is snatching market share, leveraging the exponential market growth of the plant-based, e-commerce and home-delivery industries. PlantX operates much like Amazon, except with a focused plant-based selection of offerings; this also includes carving a niche in the plant-based pet foods space.
About PlantX Life Inc.
As the digital face of the plant-based community, PlantX’s platform is the one-stop shop for everything plant-based. With its fast-growing category verticals, the company offers customers across North America more than 10,000 plant-based products. In addition to offering meal and indoor plant deliveries, the company currently has plans underway to expand its product lines to include cosmetics, clothing and its own water brand — but the business is not limited to an e-commerce platform. The company uses its digital platform to build a community of like-minded consumers and, most importantly, provide education. Its successful enterprise is being built and fortified on partnerships with top nutritionists, chefs and brands. The company eliminates the barriers to entry for anyone interested in living a plant-based lifestyle and thriving in a longer, healthier and happier life.
For more information, visit the company’s website at www.Investor.PlantX.com.
NOTE TO INVESTORS: The latest news and updates relating to PLTXF are available in the company’s newsroom at https://ibn.fm/PLTXF.
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