MPBF

Modern Plant-Based Foods has moved the manufacturing facility of its popular KitsKitchen soups to meet demand. The company has been unable to fulfill a significant amount of orders due to capacity issues with its manufacturing.

Despite the bottleneck, current revenue growth at KitsKitchen from '21 to '22 was 43 per cent, and volume growth in 2021 was 76,400 litres to 107,770 litres, a significant improvement but still much under potential due to manufacturing capacities. With additional product, KitsKitchen will significantly expand its line to the eastern provinces of Canada and increase its presence in-store with some larger retailers like Costco and others.

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