Eshbal Functional Food Inc. has entered into a definitive share purchase agreement to acquire a majority interest in Dare to be Different Foods, Inc., enhancing its presence in the growing gluten-free and vegetable-forward food market.

Target Information

Eshbal Functional Food Inc. (TSXV: ESBL) is an innovative company dedicated to providing health-focused food solutions. With a commitment to functional foods, Eshbal is poised to expand its market presence through strategic acquisitions. The company recently announced a definitive share purchase agreement to acquire a majority interest in Dare to be Different Foods, Inc. (D2BD), a prominent player in the gluten-free and vegetable-forward food sector.

Industry Overview

The gluten-free food market in the United States has been experiencing significant growth in recent years, driven by increasing health consciousness among consumers. According to industry reports, the demand for gluten-free products is projected to continue expanding as more individuals adopt gluten-free diets, whether due to celiac disease, gluten intolerance, or lifestyle choices.

Vegetable-forward products are also on the rise, as consumers are seeking healthier and more sustainable options in their diets. The trend reflects a broader shift toward plant-b