OGGFF - Organic Garage's Future of Cheese Prepares to Enter the Multi-Billion Dollar Butter Market with Its Own Rich Cultured Plant-Based Version
(TheNewswire)
The Future of Cheese will introduceits initial products individually, beginning with its highlysought-after rich and cultured plant-based butter
Toronto, Canada – TheNewswire - March 17, 2021 - Organic Garage Ltd. (TSXV:OG ) (FRA:9CW1) (OTC:OGGFF) , one ofCanada’s leading independent organic grocers, is pleased to announcethat its newly acquired plant-based food company, Future of CheeseInc. (“ Future of Cheese ” or the “ Company ”) has successfully completed its recipes andformulations for the Company’s initial line of products, and isproceeding to enter commercial production.
The first products, which the Company plans to launch with domestic retail and food servicepartners this spring, will include a rich,cultured plant-based butter, followed by a cream cheese and a varietyof some of the most popular and highly consumed cheeses, made fromonly the best quality, sustainably and ethically sourced plant-basedingredients. The Company believes the initial offering of its line ofbutters will not only be adopted by consumers of all dietarypreferences, but by the food services industry as well, as a healthy,sustainable substitute for conventional dairy based butters.
“Side by side our plant-based butter tastes andperforms in the kitchen as well as conventional dairy basedbutters,” stated Craig Harding, Co-Founder and Culinary Director ofFuture of Cheese. “The appetite for plant-based dairy alternativescontinues to rapidly grow, and products like ours that deliver thesame flavour and cooking traits as traditional dairy-based productswill quickly become leaders in this multi-billion-dollarindustry.”
According to a Fior Markets report, the global vegan butter market is expected to grow to USD 1.77billion by 2026, at a CAGR of 4.65% during the forecast period of2019-2026.
“We are very excited to be nearing the point whenOrganic Garage customers will be able to purchase and experience TheFuture of Cheese products, and what we believe is the future ofnon-dairy food alternatives,” stated Matt Lurie, CEO of OrganicGarage.
About Future of Cheese
The Future of Cheese Inc is a Canadian plant-basedcheese innovator and manufacturer led by one of the world's best andrecognized cheese makers, along with one of Canada's top chefs, andsupported by a team of science minds and sustainability experts.Utilizing unique aging and manufacturing processes, a well-establisheddistribution network and high-profile marketing channels, the Companyis set to disrupt the rapidly growing plant-based dairy alternativesmarket, paving the way for the future of cheese! For more informationplease visit the Future of Cheese website at www.futureofcheese.com
About Organic Garage Ltd.
Organic Garage (TSXV: OG) (FRA: 9CW1) is one ofCanada’s leading independent organic grocers and is committed tooffering its customers a wide selection of healthy and naturalproducts at everyday affordable prices. The Company’s stores are inprime retail locations designed to give customers an inclusive, uniqueand value-focused grocery shopping experience. Founded in 2005 by afourth-generation grocer, Organic Garage is headquartered in Toronto.The Company is focused on continuing to expand its retail footprintwithin the Greater Toronto Area. For more information please visitthe Organic Garage website at www.organicgarage.com
For further information pleasecontact:
Bill Mitoulas
T: (416) 479-9547
E: investor_relations@organicgarage.com
W: www.organicgarage.com
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