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Eshbal Functional Food Inc. ( (TSE:ESBL) ) just unveiled an announcement.
Eshbal Functional Food Inc. is advancing its North American growth strategy with the planned launch of locally manufactured gluten-free pita bread in the U.S. and the acquisition of Swonder Bread, an Israeli bakery specializing in sprouted gluten-free sourdough products. The local production of pita bread aims to capitalize on the growing demand for gluten-free baked goods in North America, while the acquisition of Swonder Bread enhances Eshbal’s product offerings in the clean-label and gut-health space. These strategic moves are expected to strengthen Eshbal’s market position and expand its product reach.
More about Eshbal Functional Food Inc.
Eshbal Functional Food Inc. is a developer of gluten-free and health-focused food products. The company is focused on expanding its presence in the North American market, particularly in the gluten-free baked goods segment, which is experiencing significant growth due to increased consumer demand for health-conscious alternatives.
Average Trading Volume: 16,274
Current Market Cap: C$3.43M
See more data about ESBL stock on TipRanks’ Stock Analysis page.