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Nabati Foods Global Inc
Symbol MEAL
Shares Issued 45,416,897
Close 2021-10-22 C$ 1.15
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Nabati Foods enters Japanese distribution deal

2021-10-25 12:13 ET - News Release

Mr. Ahmad Yehya reports

NABATI FOODS EXPANDS INTERNATIONAL DISTRIBUTION WITH IMCD JAPAN

Nabati Foods Global Inc. is partnering with IMCD Japan, a leading specialty chemicals and food ingredients distributor, to distribute Nabati's complete product line throughout Japan.

The partnership will focus on distribution via food service, industrial and grocery channels. Nabati Foods is sold under the brand name ITABAN in Japan. The deal will include distribution of:

  • Nabati Plant Eggz;
  • Nabati cheeze: both cheddar style and mozzarella style;
  • Nabati plant-based meats: Nabati chick'n burger, Nabati f'sh burger, Nabati plant-based burger and Nabati plant-based groundz;
  • Nabati dairy-free cheesecakes: blueberry, peanut butter, chocolate and tiramisu

"Expanding our reach in Japan is a very exciting milestone for Nabati Foods," said Ahmad Yehya, chief executive officer of Nabati Foods. "Japan is a very advanced and health-conscious country, and the demand for plant-based products is strong. Food service is a particularly exciting channel in Japan because there are so many restaurants and so many wonderful and unique recipes that our products can be integrated into as ingredients."

An August, 2020, Vegconomist report estimated the total vegetarian and flexitarian population of Japan to be 27 million people, more than 22 per cent of the total Japanese population.

About Nabati Foods Global Inc.

Nabati Foods Global is the owner of Nabati Foods Inc., a family-founded food technology company offering whole, natural, plant-based, gluten- and soy-free foods for health-conscious consumers. Nabati Foods was founded in 2014 and has four signature product lines, including dairy-free cheesecakes, cheese alternatives, plant-based meats and a plant-based liquid egg alternative. Nabati Foods products are distributed throughout Canada, the United States, and internationally through e-commerce, grocery, food service and industrial channels.

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