Core Viewpoint - BranchOut Food Inc. has partnered with MicroDried to enhance the dried ingredient market, leveraging innovative technology and large-scale production capabilities to meet growing demand [2]. Company Overview - BranchOut Food Inc. specializes in next-generation dehydration technology known as GentleDry [2]. - MicroDried is recognized as a leading provider of premium dried fruit and vegetable ingredients [2]. Financial Highlights - For the three months ended May 31, 2024, BranchOut reported net sales of $45.031 million, an increase from $43.603 million in the same period of 2023 [1]. - Gross profit for the same period was $2.454 million, up from $1.777 million year-over-year [1]. - Net income for the three months was $330,837, compared to $53,406 in the previous year [1]. Market Potential - The collaboration is expected to generate $5-6 million in annual ingredient sales, indicating significant growth potential in the dried ingredient market, valued at $36 billion [2]. - The partnership allows MicroDried to expand its product offerings with GentleDry processed ingredients, catering to the demand for high-quality, clean-label solutions in the food and beverage sector [2]. Strategic Implications - The agreement signifies BranchOut's strategic expansion into the industrial ingredient market, complementing its existing retail and private label divisions [2].