Skip to content
December 25, 2024

Investment information for the new generation

Search

Naturally Splendid Enterprises (NSP.V) taps to Summit Specialty for distribution duties

Naturally Splendid Enterprises (NSP.V) chose Summit Specialty Foods as the first distributor of their Natera line of plant-based foods today, according to a press release.

Meat alternatives brought in nearly CAD$208.5 million in 2018, and that’s expected to rise to $297.5 million by 2022. The demand for plant-based meat alternatives continues to expand as increasingly consumers look away from meat as either part of a lifestyle, personal ethical views or in consideration of the environment, or as a combination of these particular issues.

“We are very familiar with the Summit Team having the good fortune to have worked with them in the past. We look forward to working with Summit again, this time distributing NATERA Plant Based Foods to their extensive roster of clients. Summit’s expertise in distributing specialty foods to their established customer base of mass market grocery chains, independent retailers and food service will prove to be of great benefit,” said J. Craig Goodwin, CEO of Naturally Splendid.

Located in Vernon, British Columbia, Summit Specialty Foods have been in business since 1998. They also have locations in Vancouver and Vancouver Island, wherein they provide services for major markets throughout BC and the rest of western Canada.

The non-exhaustive list for Summit Specialty Foods distribution includes:

  • Save-On-Foods,
  • Price Smart,
  • Urban Fare,
  • Quality Greens,
  • Safeway,
  • Whole Foods,
  • Buy-Low Foods,
  • London Drugs,

Now 43% of Canadian consumers are trying to add more plant-based protein into their diets, according to market research firm, Statista.

—Joseph Morton

Related Posts

More on

Leave a Reply

Your email address will not be published. Required fields are marked *