Manitoba Harvest Looks to Fiber Markets for Growth Opportunity

Manitoba Harvest Looks to Fiber Markets for Growth Opportunity

Manitoba Harvest, a prominent Canadian hempseed food company acquired by Tilray Brands in 2019, is launching a new hempseed-derived functional fiber product called Bioactive Fiber. Tilray partnered with Brightseed, a bioactives company with IP related to gut fiber.  The product will be marketed exclusively at Whole Foods, giving Manitoba Harvest prominent shelf space for their new launch.

The dietary fiber supplement market is worth billions of dollars and growing.  Estimates range between $4 billion and $9 billion annually for current market size, and future growth predictions fall between six percent and 12 percent compound annual growth rates (CAGR).  One can see the appeal and future growth opportunity if predictions hold.

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03.01.2024

Cold, Winter Weather Impact January Soybean Crush

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**Bob Lane was out of the office today and will return on Monday, March 4, 2024.**

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Week Closes with Active Gulf Market

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Animal Proteins – Friday

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The market was quiet today with no changes. 

Looking at the monthly averages in February, the markets were mixed in terms of price direction with intra-month volatility seen. 

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