IRVING, TEXAS — Sow Good, Inc., maker of freeze-dried fruit and vegetable products, has raised $3.7 million to expand production capabilities.
Sow Good produces a line of freeze-dried smoothies and snacks that initially debuted last year. The company currently has one freeze drier and said it plans to add two more to meet demand from increased retail, direct-to-consumer and joint venture opportunities. Claudia Goldfarb, co-founder and chief executive officer, said the business has benefited from the return of in-person meetings, in-store product sampling and trade shows, noting Natural Products Expo West in March was “incredibly successful for Sow Good.”
“We are excited to attend the many upcoming trade shows this summer to continue meeting buyers and increase brand exposure," she added.
The global freeze-dried market is forecast to reach $130 billion by 2027, according to Global Insights, Inc. A member of the Upcycled Food Association, Sow Good tackles food waste by sourcing imperfect or surplus produce and extending the shelf life of fruits and vegetables by up to three years through the freeze-drying process.“We are incredibly excited about the freeze-dried trend and how that will impact Sow Good’s future,” said Ira Goldfarb, co-founder and executive chairman.