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Published byMariana Fragoso Modified over 5 years ago
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The first food-based brain nutrition brand in Canada
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introduction Calgary, Alberta Launched in November, 2018
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From Concept to Commercialization
Path to market From Concept to Commercialization
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Path to market Idea Turn a home recipe into a business
Plant-based, convenient, functional Champion Canada’s agri-food sector Global market for products with a "brain health and memory" claim was valued in 2017 at US$5.1B. With a 6.2% CAGR from 2013 to 2017, it is the second-fastest growing positioning within health and wellness packaged food. Source: Health Canada Global plant based protein market expected to grow at 6.7% CAGR during the forecast period of Source: Food Navigator
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Path to market Research & Prototype
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Path to market Market Testing
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Path to market Commercialization Food scientists (NDA)
Shelf life testing Suppliers NFT & ingredients list Packaging Trial run Shipping & warehousing First production run!
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Spreading the Word (on a budget!)
marketing Spreading the Word (on a budget!)
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Find great partners Retailers Suppliers
partnerships Find great partners Retailers Suppliers
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Market expansion New Pockets of Demand
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Market penetration Scale-Up
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CHALLENGES Capital Constraints Regulatory Lack of Knowledge
Not necessarily a bad thing! Forces you to be disciplined and intentional Regulatory Get expert help Be proactive Lack of Knowledge Google is your best friend Freelancers
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CHALLENGES Risk Large percentage of new businesses fail in their first year Identify and manage potential risks Built-in redundancies
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The opportunity 3 - 6 months
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The opportunity months
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The opportunity For the Industry
“A new generation of modern convenience food and drink is emerging as manufacturers respond to rising healthy-eating priorities” – Global Food & Drink Trends 2019, MINTEL
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Better-for-you snacks and beverages in Canada
Success stories Better-for-you snacks and beverages in Canada
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Thank you
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