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STOCKGOODIES
(Total Views: 177)
Posted On: 07/23/2020 3:00:38 PM
Post# of 25724
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Posted By: budfoxfun
$GTEH 0011's going now in power hour! The management continues to see Sinfit products as extremely well-positioned relative to their company peers, and to the long-term macro tailwind defining the functional foods market, which saw sales top $267 Billion in February of this year on a global basis, with sales in the US reaching $63 Billion, according to Euromonitor 2020. This upwards trend is part of even larger supportive momentum in the general category, with global sales of organic food and drink topping $105 Billion in 2018 (Ecovia 2019). U.S. organic food sales also reached $47.9 Billion, up 5.9% in 2018 (OTA 2019). In 2019, 77% of U.S. adults used dietary supplements, an all-time high (CRN 2019). U.S. supplement sales are estimated to have reached $49.3 Billion in 2019, up 6.2% (NBJ 2019).

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