ASX-Dividend-Report-Banner
Sponsored

Rritual Superfoods (RSF:CSE) in a sweet spot to excel in functional superfood market

June 03, 2021 05:18 PM AEST | By Team Kalkine Media
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp
 Rritual Superfoods (RSF:CSE) in a sweet spot to excel in functional superfood market
Image source: RSF Presentation

Summary

  • Rritual Superfoods is the first award-winning, premium superfood platform in the budding adaptogenic superfoods and functional mushroom market.
  • The plant-based natural elixirs of Rritual are formulated to support the physical and mental well-being of humans.
  • The Company’s new Research and Development (R&D) division will establish best practices for developing a category-leading product pipeline.
  • Rritual Superfoods has secured multiple partnerships to expand its market position and accelerate brand growth.

Functional superfood firm Rritual Superfoods Inc (RSF:CSE) develops natural, plant-based elixirs, which boost immunity and enhance focus and relaxation. The Company has been at the forefront of innovation in the functional superfood space and has launched a range of plant-based elixirs formulations. Rritual remains focused on expanding its product portfolio to meet the ever-evolving customer expectations.

Rritual believes in plant-based foods’ benefits and the vital life force that adaptogens, mushrooms, and superfoods can provide to the human body.  The Company’s products support a healthy response to stress and help optimise mental, cognitive, digestive, and immune health.

MUST READ: Rritual Superfoods’ (RSF:CSE) Chief Innovation Officer Rolls Out R&D Division

What are functional superfoods?

Rritual believes that functional foods, as well as superfoods, offer the highest nutritional benefits. Rich in antioxidants, vitamins, as well as minerals, functional superfoods have unique and distinctive properties that can help the human body improve brain function and boost immunity.

Additionally, the ongoing COVID-19 pandemic has turbocharged the growth of this niche market. The functional superfood industry is at a nascent stage of development however it is evolving at a rapid pace, and a leading consumer brand is yet to emerge.

DO READ: Rritual Superfoods (RSF:CSE) scales up 3rd manufacturing run to meet rising retail demand

Let us now skim through the key features that make Rritual different in functional superfoods space-

RSF products suited for individual lifestyles

Rritual’s offerings are developed in a way to fit every individual’s lifestyle. Its natural elixirs are powered by super ingredients that help the human body navigate the physical, mental, as well as emotional challenges of the modern lifestyle. In addition, the products have unique properties to enhance immunity, improve brain function, and adapt to stress.

Source: RSF Website

DO READ: A look at Rritual Superfoods’ lineup of natural elixirs

Rritual - Dedicated to well-being

Committed to efficacy, purity, and sustainability, all Rritual products are gluten-free, vegan, and made with only non-GMO (genetically modified organism) ingredients. Furthermore, the products do not contain any added sweeteners or artificial flavours of any kind. Notably, RSF’s formulations are all USDA-certified organic and can be mixed with other beverages or enjoyed by themselves.

The natural and plant-based elixirs are formulated to support the physical and mental well-being of human beings.  

It is noteworthy that Rritual’s proprietary Immune-Synergy Six Mushroom Blend is the first and only functional health formulation in the market comprising a daily prebiotic blend. This blend nourishes a healthy gut microbiome and helps maintain stable digestive functioning.

New Research and Development division in place

In May 2021, Stacey Gillespie, Chief Innovation Officer of Rritual Superfoods, introduced the Company’s new R&D division. This will help Rritual to create best practices for establishing a category-leading product pipeline. Notably, Ms Gillespie has also endorsed the functional superfoods product pipeline of Rritual for the national launch.

READ MORE: Rritual Superfoods’ (RSF:CSE) Chief Innovation Officer Rolls Out R&D Division

Partnerships to expand market footprints

The superfood company has secured multiple deals to accelerate brand growth and open new retail channels.

Copyright © 2020 Kalkine Media

Rritual’s recent partnerships and agreements include:

  • A deal with innovative materials player NEXE Technologies - The partnership will establish a strategic alliance leveraging the collective strengths of both the companies to develop and market innovative superfood-based beverage products.
  • A partnership with Ultimate Sales to accelerate its strategy and product rollout in Canada.
  • A collaboration with Texas-based CROSSMARK Inc will drive the Company’s brand growth. CROSSMARK partnership will also open up new retail channels to distribute RSF’s products in the US.

ALSO READ: Rritual Superfoods (RSF:CSE), NEXE join hands for Compostable Superfood Products

Rritual is progressing steadily on the path to success with its core value of innovation and excellent product offerings. Moreover, with crucial partnerships and a formidable management team, Rritual is all set to make a strong mark in the emerging superfood market.

On 2 June 2021, RSF shares closed the trading session at CA$0.68, up by 3.03%.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

AU_advertise

Advertise your brand on Kalkine Media

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.