2023-04-21 09:26:25 ET
- The Marquie Group ( OTCPK:TMGI ) has announced a preliminary agreement to acquire a stake in AminoMints, a supplier of amino acid supplements.
- This acquisition represents a significant milestone for The Marquie Group as it continues to broaden its product offerings and bolster its market presence in the health and wellness sector.
- The global amino acids market size was valued at $28.32B in 2022 and is expected to expand at a CAGR of 7.3% from 2023 to 2030.
- The global gummy vitamins market size grew from $6.47B in 2022 to $7.13B in 2023 at a CAGR of 10.2%, with the US accounting for ~12% of that market.
- "We are confident that the product's distinctive formulation and delivery system will attract a diverse consumer base, and we are eager to tap into the revenue growth potential of this strategic acquisition." said Marc Angell, CEO.
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The Marquie Group to acquire a stake in Aminomints