01:19:14 EDT Tue 16 Apr 2024
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Pangea Natural Foods Inc
Symbol PNGA
Shares Issued 27,335,001
Close 2022-09-29 C$ 0.17
Market Cap C$ 4,646,950
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Pangea Natural Foods adds Chikken Nuggets to lineup

2022-09-29 13:20 ET - News Release

Mr. Pratap Sandhu reports

PANGEA ADDS PLANT-BASED CHIKKEN NUGGETS TO ITS LINEUP OF INNOVATIVE PRODUCTS

Pangea Natural Foods Inc. has launched Pangea Chikken Nuggets, a protein-rich vegan meat alternative.

The company's vegan Chikken Nuggets are made with three types of pea protein and are free of GMO (genetically modified organism) ingredients, fillers, antibiotics, hormones and bioengineered ingredients. This is the company's second plant-based product after the Pangea Plant-Based Patties.

The global vegan food market is projected to grow from $26.16-billion (U.S.) in 2021 to $61.35-billion (U.S.) in 2028 at a CAGR (compound annual growth rate) of 12.95 per cent in the forecasted period of 2021 to 2028. The global vegan food market is projected to grow from $26.16-billion in 2021 to $61.35-billion in 2028 at a CAGR of 12.95 per cent in the forecast period of 2021 to 2028.

"We are excited to launch another plant-based product given the immense growth that the sector is experiencing globally. Understanding consumer lifestyle and food trends and a commitment to innovation allows our team to continuously introduce new products, such as the Chikken Nuggets, to the market," said Pangea chief executive officer Pratap Sandhu. "The Pangea Chikken Nuggets are the perfect meat alternative because they taste great, they are healthy and are packed with iron and calcium. Plus, each nugget has 21 grams of protein."

Pangea offers a broad portfolio of innovative healthy food products that taste great and are sustainably sourced. Pangea's signature products include the Pangea Plant-Based Patties, Old Fashioned Ghee and Munchie Mix, which are available on the company's website and in over 250 leading national retail food stores across Canada and the United States.

The company manufactures its products in-house at its Vancouver Lower Mainland facility. The company's facility has been approved by both the Canadian Food Inspection Agency and the U.S. Food and Drug Administration.

About Pangea Natural Foods Inc.

Pangea Natural Foods is a food manufacturing company focused on manufacturing and distributing high-quality food products that are nutritious and free of GMO ingredients, fillers, antibiotics, hormones and bioengineered ingredients.

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