According to Nutraceuticals World, since 2015, the two
biggest growth opportunities in the health market are the surge of plant-based
foods and the resurgence of dairy as a whole food. People worldwide have
started rejecting animal-based foods, in particular lactose-based products.
This current trend has allowed the functional food and beverage industry to
grow significantly. Between 2009 and 2013, the market for functional drinks in
the U.S. grew from $19 billion to $27 billion. This number is forecast to grow
to $38.5 billion by 2017.
Laguna Blends, Inc. (OTC: LAGBF) is a multi-level marketing
company with an initial focus on functional beverages that contain hemp and
other efficacious ingredients. The company now has two products: Caffe and
Pro369. LAGBF does not manufacture its own products. The company produces white
label products under the brand name Laguna Blends. Laguna Blends, Inc. is
partnered with a Vancouver-based biotechnology company called Naturally
Splendid. This allows the company to jointly develop and market products that
are of high quality and are approved by Health Canada. LAGBF believes that
network marketing is the best way to distribute hemp-based products because it
gives a higher level of education of the products it offers, and the company
operates in a cloud-based environment to allow its affiliates more freedom.
Laguna Blends, Inc.’s CEO, Stuart Gray, saw a gap in the
market. He decided there was a better way of selling hemp-based functional
drinks. While protein drinks only accounted for 1.4 percent of the functional
beverages industry in 2015, it was also the segment with the strongest growth.
By 2020, Euromonitor International estimates the market for sports nutrition
and sports drinks to reach $20 billion. This growth is due to the fact that
people worldwide have growing concerns for their health and find these products
more convenient. The days in which hydration was enough are gone; people now
want functional hydration. Each of the company’s current products offers unique
selling points and can be added to a person’s daily routine.
For more information, visit www.lagunablends.com
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