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Nutritional Growth Solutions Launches Clinically Proven Snack Bar That Supports Growth Development In Children

May 19, 2021 Food & Beverage No Comments
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Nutritional Growth Solutions Ltd. (“the Company” or “NGS”, ASX:NGS), a global nutrition company that creates scientifically formulated and clinically studied supplements to support growth development in children, has launched its first snack bar – the first of several planned expansions to its product range.
The new Healthy Height® snack bar is formulated with the same nutritional profile as NGS’ Healthy Height® patented shake range that is clinically proven to increase growth development in children aged between 3
and 9 years old by 13.8% – 34% in their annual growth1.

The Healthy Height® Snack Bar will be available from May exclusively online at www.healthy-height.com as
well as in-store in North America, with additional markets to follow.

Liron Fendell, CEO and Managing Director of NGS said:
“We are very excited to be able to offer our clinically proven formulation through the new snack bar product.he snack bar category was worth approximately US$20 billion in 2018 and is growing at a 6.6% compound annual growth rate2

. Snack bars generally work as a heavy meal replacement and a quick, healthy snack food.

“There is increasing consumer preference for bars with less sugar and which provide high fibre content, protein, and other nutritional value. The market for clinically proven nutrition products for children is also 1 Journal of Pediatrics, Labenthal et al, 2014; Yackobovitch-Gavan et al, 2016 2 https://www.grandviewresearch.com/industry-analysis/human-growth-hormone-drugs-market Nutritional Growth Solutions Ltd. – ASX Announcement 2 March 2021 growing due to increasing education about preventative health measures, paediatric nutrition and its effect
on child development and growth.

“In addition, we also see significant opportunity to provide a clinically proven Healthy Height® snack bar product to those using human growth hormones, which is a US$3.7 billion market last year that is forecast to grow to $8.5 billion by 2027.”

“Our patented formula was developed after more than 20 years of research into the link between nutrition and growth in children and have been clinically proven increase height. Being able to now offer this formula in shake and bar format increases access to our products, including for those that may not qualify for growth hormone therapy and be looking for alternative options.”

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