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Eshbal Advances North American Growth Strategy with Planned Launch of U.S, Based Manufacturing of Eshbal Pita Bread and Strategic Acquisition
Eshbal Advances North American Growth Strategy with Planned Launch of U.S, Based Manufacturing of...
About this update from Eshbal Functional Food Inc.
[{"type":"text","content":"\n\n\n\n Eshbal Advances North American Growth Strategy with Planned Launch of U.S, Based Manufacturing of Eshbal Pita Bread and Strategic Acquisition\n \n\n /* Style Definitions */span.prnews_span{font-size:8pt;font-family:\"Arial\";color:black;}a.prnews_a{color:blue;}li.prnews_li{font-size:8pt;font-family:\"Arial\";color:black;}p.prnews_p{font-size:0.62em;font-family:\"Arial\";color:black;margin:0in;}.prngen3{PADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt}.prngen2{PADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt}.prnml4{MARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT}.prntar{TEXT-ALIGN: RIGHT}.prnbcc{BORDER-COLLAPSE: COLLAPSE}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n\n\n\n\n\n\n TSXV: ESBL\n \n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n June 24, 2025\n \n\n /CNW/ -\n \n Eshbal Functional Food Inc.\n \n (TSXV:\n \n ESBL\n \n ) (\"Eshbal\" or the \"Company\"), a developer of gluten-free and health-focused food products, is pleased to announce key developments supporting its North American expansion strategy: the planned commercial launch of its U.S. produced gluten-free pita bread, and the asset acquisition of Swonder Bread, an Israeli-based bakery specializing in sprouted gluten-free sourdough products.\n \n\n\n Gluten-Free Market Snapshot: North America Leading Global Demand\n \n\n\n The global gluten-free products market was valued at approximately\n \n USD 7.75 billion\n \n in 2024 and is projected to reach over\n \n USD 13.67 billion\n \n by 2030, growing at a CAGR of 10.0%.\n \n 1\n \n\n North America\n \n continues to lead globally, accounting for 35.1% of total market revenue in 2024 and is expected to grow at a 9.3% CAGR through 2030.\n \n 2\n \n\n\n Within the category, baked goods are the dominant product segment, representing more than 31.5% of global gluten-free product sales in 2023, with further growth expected at a CAGR of 11.7% from 2032 to 2033.\n \n 3\n \n In\n \n North America\n \n , bakery products were also the largest and fastest-growing segment in 2024, led by increased consumer demand for alternatives that meet both health and lifestyle criteria.\n \n 4\n \n\n\n Thes...