BranchOut Food Inc. Signs LOI and receives $250K PO from Leading Ingredient Distributor, Definitive Agreement Targeting $5-6M in 2025 Ingredient Sales

Core Insights - BranchOut Food Inc. has signed a Letter of Intent (LOI) with a leading distributor in the dried food ingredient sector, aiming for significant growth in the ingredient channel with projected sales of $5-6 million in 2025 [2][4] - The initial purchase order issued alongside the LOI is valued at approximately $250,000, setting the stage for a definitive agreement expected in January 2025 [3][5] - The new production facility in Peru is fully operational, featuring the world's largest GentleDry™ capacity, which positions the company to disrupt the $36 billion freeze-dry market [5][6] Company Developments - The partnership with the ingredient distributor is a crucial step in BranchOut's three-channel sales strategy, which includes branded and private label retail [4][5] - The Peru facility supports an annual production capacity of $40 million, enhancing the company's ability to scale efficiently and drive profitability [5] - BranchOut's GentleDry™ technology preserves up to 95% of the original nutrition of fresh produce, offering superior quality and taste, and is protected by over 17 patents [7] Market Context - The freeze-dried market is valued at $36 billion and is growing at a CAGR of 7.6%, with potential price increases due to tariffs on Chinese imports [6] - BranchOut Food's GentleDry™ technology is positioned to replace traditional freeze-drying methods, providing cost-effective and high-quality alternatives [6][7]