Nabati Foods Gains US Chain Listing, Expands Production Capacity

Eat Beyond Global Holdings Inc., an investment issuer focused on the global plant-based and alternative food sector, is announcing that its portfolio company, Nabati Foods Inc., has gained a listing for its first chain of supermarkets in the United States, Food Bazaar Supermarket, with the support of KeHE Distributors. The chain has more than 100 independent locations across the US.

Nabati is based in Edmonton and offers healthy, plant-based products. All products are certified gluten-free, dairy-free, egg-free, refined sugar-free, all-natural (non-GMO), certified kosher and certified vegan. Its product line includes dairy-free cheesecakes, cheese alternatives and plant-based meats.

“We launched our dairy-free cheesecakes in the US earlier this year and signed on with KeHE Distributors in October, who has been an excellent partner supporting our growth and connecting us with retailers as we expand distribution throughout the US,” said Ahmad Yehya, CEO of Nabati. “We are now moving forward with a project to expand our production capacity as well, in order to meet our growing order commitments throughout North America.”

Nabati is working on a new facility that is seven-times larger than its current facility. Its products are currently available across Canada in well more than 300 stores, and in the US in more than 100 stores, with Nabati actively expanding this significantly. Nabati also plans to enter the European Market in 2022.

“Nabati has a very loyal customer base that has been growing rapidly. Sales grew by more than 33 percent in Canada in just the past year, and this was without a putting focus on marketing or advertising. This has been almost completely organic growth,” said Patrick Morris, CEO of Eat Beyond. “By expanding production capacity, increasing marketing efforts and partnering with reputable distributors that align with Nabati’s values, I expect to see this growth accelerate.”