Food innovator has amassed over 2.166 million
units sold of their unique ramen products on the online
platform
NEW
YORK, Nov. 4, 2024 /CNW/ - Borealis Foods
Inc. ("Borealis" or the "Company") (Nasdaq: BRLS), a food-tech
innovator known for its popular high protein Chef Woo brand
announced a major milestone: Reaching 2 million units sold through
their direct-to-consumer channel on Amazon.
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 North America,
fans and health-conscious consumers are actively seeking us out
through online channels."
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 "U.S. eGrocery
Sales Forecast: 2024-28" that the compound annual growth rate for
online grocery sales is expected to be 4.5% over the next five
years, three times faster than that of in-store grocery sales.
"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
250% in 2024, with repeat customers across all age groups.
"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
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SOURCE Borealis Foods, Inc.