NUZEST-USA, a rising star in the plant-based sector, has received an award from Optimal Health News for its exceptionally bright prospects for growth in both revenues and market share percentage. With an increasing public awareness of the benefits associated with a plant-based diet, and considering the entrepreneurial and managerial skills of Nuzest’s Founder and Director Trevor Bolland, this company, although privately held at present, is expected to see very substantial success in the near future.
Optimal Health News announced today that it has given its award for Best Entrepreneurial Growth Prospect of 2023 to Nuzest-USA, a fast-growing and innovative provider of plant-based foods. Under the direction of Trevor Bolland, Nuzest produces organic, vegan protein powders and snack bars made from pea protein and a few other simple, plant-based, non-GMO ingredients that are free of gluten, soy, and common allergens.
Altogether, Nuzest nutritional products cater to health-conscious consumers who wish to adhere to diets centered around high-protein, non-processed, and nutrient-rich foods, filling the nutritional gaps caused by modern stressful lifestyles, poor eating habits, and the consumption of nutrient-deficient food. [Read details in the full press release.]
The global plant-based food market is predicted to expand by 3x between 2023 and 2033, witnessing an increase from $11.3 billion in 2023 to $35.9 billion during the forecast period. Overall, plant-based food sales demand is poised to expand at an outstanding compound annual growth rate (CAGR) of 12.2%.
Rising consumption of dairy and meat substitutes is a key factor driving the global plant-based food market. Similarly, plant-based food demand will rise with mounting interest in animal welfare and the growth of vegan and flexitarian populations. Both of these factors will increase demand for Nuzest products.
The pea protein market, with a valuation of US$ 1.7 billion in 2022, is anticipated to experience robust growth, reaching US$ 2.9 billion by 2027, marking an exceptional CAGR of 11.9%. This exponential growth can be attributed to increasing demand for plant-based protein sources and the recognition of pea protein as a sustainable and nutritious alternative.
Organic food sales growth now outpaces the rest of the grocery industry. The global organic food market size is expected to reach $497.3 billion by 2030, growing at a remarkable CAGR of 12.06%. Rising knowledge about organic food is projected to accelerate the growth of this market; moreover, growing public concern over the use of hazardous chemicals in agriculture and farming is driving consumers to organic foods. This, too, will increase demand for Nuzest nutritional foods.
The global gluten-free products market size was valued at USD 5.9 billion in 2021 and is expected to expand at a CAGR of 9.8% by 2030. The rising prevalence of celiac disease is expected to drive the demand for gluten-free products. In addition, the outbreak of the COVID-19 pandemic has exponentially increased the usage of gluten-free products due to rising health and wellness-related concerns; as more people try new diets like the paleo or keto regimens, many are adopting a gluten-free lifestyle and becoming key drivers of market demand. Once more, Nuzest sales are expected to increase as a result.
Accolades have been rolling in. Recently, the company was designated the top company among its peers for fast-paced growth by News7Health. Retailer News Network has honored Nuzest for offering the Best New Product Opportunity in its class. Trevor Bolland is also a recent recipient of the distinguished Visionary Leadership Award from Emerging Enterprise News.
Nuzest’s products are available through its website and other e-commerce outlets. In addition, this week, Nuzest will launch Good Green Vitality (GGV) in the USA. Nuzest’s flagship product, GGV premier greens powder contains plant foods, 75+ vitamins and minerals, probiotics, enzymes, and adaptogens. [Read details in the full press release]
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