- Biltong is expected to grow substantially in the US as consumers move towards healthier snack choices and Stryve is the market leader in biltong with 4 different brands available.
- Stryve is poised to grow substantially through both retail and e-commerce as it enters new stores and increases overall brand awareness through targeted marketing.
- The company entered the much larger nutrition and supplements category recently with its bone broth and collagen products and could potentially enter more snack categories.
- Delayed growth initiatives have caused Stryve to trade at an incredibly low valuation compared to peers despite its best-in-class gross margins and rapid growth.
For further details see:
Stryve Foods: Healthy Snacks Platform At A Discount Price