BranchOut Food Enters The Industrial Food Ingredients Market
Portfolio Pulse from Benzinga Newsdesk
BranchOut Food Inc. (NASDAQ:BOF) announced its entry into the industrial food ingredients market, aiming to capitalize on a market projected to grow from $335.32 billion in 2023 to $511.33 billion by 2032. The company plans to build an internal sales and marketing team and will showcase its products at the ITF Annual Expo in July 2024.
June 25, 2024 | 12:38 pm
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BranchOut Food Inc. (NASDAQ:BOF) is entering the industrial food ingredients market, which is expected to grow significantly. The company is building an internal sales and marketing team and will showcase its products at the ITF Annual Expo in July 2024.
BranchOut Food's entry into a growing market and its plans to build a dedicated sales and marketing team indicate a strategic move to increase revenue streams. The upcoming showcase at the ITF Annual Expo could further boost visibility and investor confidence.
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