If playback doesn't begin shortly, try restarting your device.
•
You're signed out
Videos you watch may be added to the TV's watch history and influence TV recommendations. To avoid this, cancel and sign in to YouTube on your computer.
CancelConfirm
Share
An error occurred while retrieving sharing information. Please try again later.
PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) aims to redefine the plant-based community through e-commerce, with a core objective of becoming the most trusted and convenient destination for people living plant-based lives. PlantX is a multifaceted marketplace providing consumers all things plant-based ranging from an efficient e-commerce experience, connecting consumers with interactive PlantX brick-and-mortar stores, and a PlantX home delivery system for products, meals, recipes, and more.
Market Outlook
With its comprehensive e-commerce platform, PlantX is strongly positioned for a prominent role in both the fast-growing plant-based food market, e-commerce and the online food delivery sectors. The global plant-based food market is expected to reach $74.2 billion by 2027, expanding at a CAGR of 11.9% . Similarly, the online food delivery market has steadily grown, especially during the current pandemic. This trend seems here t…...more
PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) aims to redefine the plant-based community through e-commerce, with a core objective of becoming the most trusted and convenient destination for people living plant-based lives. PlantX is a multifaceted marketplace providing consumers all things plant-based ranging from an efficient e-commerce experience, connecting consumers with interactive PlantX brick-and-mortar stores, and a PlantX home delivery system for products, meals, recipes, and more.
Market Outlook
With its comprehensive e-commerce platform, PlantX is strongly positioned for a prominent role in both the fast-growing plant-based food market, e-commerce and the online food delivery sectors. The global plant-based food market is expected to reach $74.2 billion by 2027, expanding at a CAGR of 11.9% . Similarly, the online food delivery market has steadily grown, especially during the current pandemic. This trend seems here to stay. In the United States alone, the sector is expected to report $28.5 billion by 2024, with companies such as UberEats experiencing 152% increases in food deliveries in the summer of 2020 .
Complementary to these trends, and as a result of the COVID-19 pandemic, online sales and digitization have also both grown exponentially in 2020. Grocery shopping has seen a remarkable transition to e-commerce, with online grocery sales growing by 53% in 2020. Amid the pandemic-imposed physical interactions and related consumer behaviour change, large retailers have been compelled to meet this surge in e-commerce demand. For example, Whole Foods Markets has increased its online sales capacity by over 60% in 2020. The global meal kit delivery system is also becoming increasingly popular, and is expected to achieve $19.92 billion by 2027, expanding at a CAGR of 12.8%.
PlantX aims to capitalize on this anticipated exponential market growth of the plant-based, e-commerce and home-delivery industries.
Check out this video to find out more about investing in PlantX (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF)
▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬
0:00 - Intro
0:12 - One Stop Shop
0:41 - Partnerships
0:53 - Store Locations
1:07 - e-Commerce
1:28 - Why PlantX?
1:42 - Strong Financials
1:55 - High-Growth Sectors
2:08 - Strategic M&A
2:22 - Global Positioning
2:35 - Investor Presentation
VISIT OUR OFFICIAL WEBSITE
https://plantx.ca/podcasts/https://plantx.ca/recipes/https://plantx.ca/shops/https://plantx.ca/product-category/pl...https://plantx.ca/plant-based-meal-de...
Thanks for watching! We post new LIVE videos every week, so don't forget to subscribe!
LET'S STAY IN TOUCH
/ goplantx / goplantx / goplantx / goplantx …...more