- Eat Well Investment Group Inc. is a plant-based foods industry investment company with a multinational footprint focused on promoting healthy dietary decisions, global food security, and responsible climate stewardship
- Eat Well’s investments in Belle Pulses, Sapientia, and Amara Organic Foods, provide complementary services to support the company’s overall mission, and are helping support rapid revenue growth
- The company anticipates about $100 million in revenue by the end of this year
- The growing consumer focus on reducing the meat-based agriculture industry’s impact on the climate is evidenced by a recent survey that shows large number of people in the UK are responding to social media campaigns by shying away from dairy
A recent survey by multinational dairy giant Arla demonstrates the rising tide in consumer efforts to play a part in reducing industry effects on climate change through their purchasing choices, while also advancing the importance of sound information about dietary decisions.
The Denmark-based dairy cooperative’s report found that about half of Gen Z respondents (most individuals born in the past 25 years) in the United Kingdom “felt ashamed to order dairy in public in front of their peers” and that “an alarming 57 per cent plan to give it up in the next year” because of social pressures even though many of them still enjoy drinking dairy in the privacy of their own homes (https://ibn.fm/Ya1yI).
The survey reported that 49 percent of respondents would consider making a “considerable change” to their diets in order to benefit the global climate, and that a large number of them relied on information from social media peers and memes to establish their outlook.
Eliminating animal protein in favor of plant-based alternatives was cited by 41 percent as a means of improving their climatological footprint, and over a quarter (27 per cent) stated cutting animal products from their diet completely is the right thing to do.
Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) is working to support global efforts to minimize the impact of large industries on the world’s climate, particularly in the agribusiness sector, and to help consumers eat more nutritiously by investing and advancing leading plant-based alternatives.
The vertically integrated plant-based foods investment company is growing rapidly and is estimated to have generated nearly $60 million (Canadian) in revenue last year, with expectations of top-line earnings between $90 million and $110 million by the end of this year as it continues to deliver on the promise of its investment companies — plant-based ingredients processor Belle Pulses and plant-based food creator Sapientia, as well as baby food brand Amara Organic Foods.
Analysts for market research firms such as Bloomberg Intelligence are predicting that the sector for plant-based foods will see a sharp increase in its role within the global protein market to nearly 8 percent of the product by 2030 and a valuation of more than $162 billion (https://ibn.fm/J562A).
“It has always been our investment thesis that the globe will shift to more sustainable and environmentally friendly proteins. The next 24 months will be crucial for international food security as one of the world’s largest producers of fertilizer, agricultural crops and pulses is effectively closed off from the rest of the world,” CEO and Director Marc Aneed commented recently, acknowledging an immediate-term global concern about food production impacted by the war in Ukraine (https://ibn.fm/O0QjB).
“If we’re talking purely about carbon emissions, the math is pretty clear: The world’s huge appetite for animal products is contributing to climate change,” a Gizmodo commentary on Arla’s Generation Z survey states (https://ibn.fm/Sj3C4). “This is in large part due to the enormous amount of greenhouse gases that animal agriculture, especially cow farming, produces. Despite other environmental problems plaguing the alternative milk industry, like astronomical water use to grow crops like nuts, a 2018 study found that the greenhouse gas emissions from a liter of soy milk were a third of the emissions from a liter of cow’s milk; all other types of plant-based milk, the study said, have similarly lower footprints.”
For more information, visit the company’s website at www.EatWellGroup.com.
NOTE TO INVESTORS: The latest news and updates relating to EWGFF are available in the company’s newsroom at https://ibn.fm/EWGFF
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