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Home » ByHeart raises $95 million to improve infant nutrition
Nutrition

ByHeart raises $95 million to improve infant nutrition

theholisticadminBy theholisticadminMay 14, 2024No Comments2 Mins Read
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The healthy children’s meal market is heating up.

news: ByHeart, a grass-fed infant formula brand, announced it has secured $95 million to complete an end-to-end domestic manufacturing chain and triple its production capacity.

Pioneering clinical research, the company’s whole milk-based blend closely resembles breast milk for easy digestion and is free of corn syrup, maltodextrin, soy and palm oil.

Zoom out. Due to excess sugar and calories, only 35% of major baby food products meet WHO nutritional standards. However, the four largest companies control approximately 90% of the infant formula industry.

Resonating with health-conscious parents, ByHeart became the first FDA-registered formula manufacturer in 15 years.

Growth accelerates. More body-friendly brands are expanding for toddlers and older kids.

  • Serenity Kids, which sells protein-packed meat pouches, recently made $52 million in profit.
  • Little Spoon, which reinvented the lunch menu, is now the largest DTC children’s food brand in the United States.
  • Amara, a popular TikTok momfluencer, raised $20 million for organic snacks for babies in March.
  • Aiming for a 15% market share, Formula brand Bobby acquired a production plant last year.

Meanwhile, actress Jennifer Garner’s Once Upon a Firm, which has annual revenues of more than $100 million, is aiming for an IPO.

ending: The baby food sector, which lags far behind in regulation and innovation, is ripe for change. A startup company is poised to win by representing the concerns of health-conscious parents.





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