BranchOut Food Enters the $300 Billion Industrial Food Ingredients Market

Core Insights - BranchOut Food Inc. is entering the industrial food ingredients market, which was valued at $335.32 billion in 2023 and is projected to reach approximately $511.33 billion by 2032, with a compound annual growth rate (CAGR) of 4.8% [5]. Company Overview - BranchOut Food is an international food-tech company specializing in dehydrated fruit and vegetable-based products, utilizing its proprietary GentleDry Technology that preserves up to 95% of the original nutrition of fresh produce [2]. - The company holds more than 17 patents for its dehydration technology, positioning itself as a leading provider of high-quality dehydrated products and a trusted private label supplier [2]. Market Strategy - The company plans to build an internal sales and marketing team to effectively pursue the industrial food ingredients channel [5]. - CEO Eric Healy emphasized the competitive advantage of BranchOut Food due to its proprietary technology and large-scale manufacturing facility in Peru, which allows for better quality control and cost management [5]. - The recent acquisition of a fourth EnWave radiant energy vacuum (REV) machine will enhance production capabilities to meet rising demand from major retailers [5]. Upcoming Events - BranchOut Food will showcase its products and services at the IFT FIRST annual expo in Chicago, IL, in July 2024, which aims to bring together professionals from the global food value chain [5].