Home > Latest News > Product Development > Boundless secures position as the UK’s No.1 Gut Health Snack.

Boundless secures position as the UK’s No.1 Gut Health Snack.

Kim

8/11/2024 7:04:20 AM

Product Development

-4 min read

Following a recent investment round of £1.5 million, Boundless has secured its position as the UK’s Number One Gut Health Bagged Snack. This successful raise comes from notble industry investors, including Graze co-founder Ben Jones and ex-Head of M&S Food. Despite the challenging landscape for female-led businesses in the UK, Boundless’ latest raise puts Founder & CEO Cathy Moseley in the top 10% of FMCG female founders.

 

Boundless’ growth and dominance in the market is evident in their metrics; with the value of sales up by 110.2% year-on-year and volume up by 171%. The company’s value share in the “Better For You” category is leading at a rate 1.6 times faster than its closest competitor, marking a 58% year-on-year growth. This trajectory has firmly established Boundless as the pioneering leaders of Gut Health within BFY snacking.

 

Alongside the latest investment raise, Boundless’ growth continues further across new foodservice wins with the UK’s largest wholesalers Bidfood, Brakes and Foodbuy, increasing their distribution by over 2000% and becoming the first gut health snacking offering for these foodservice giants.

 

Cathy Moseley, Founder of Boundless, commented, “I’m incredibly proud to announce Boundless as the UK’s number one gut health bagged snack, having contributed to 13% of the “better for you” crisp growth and driving penetration where this key metric is in decline at a category level.  Boundless’ market share is growing faster than category in major retailers at 5.1% vs category at 0.2. With our current trajectory, Boundless is on their way to owning 1% of the Better For You category by the end of the financial year.

Other Articles You Might Like

Joanne

8/7/2024 6:30:53 PM

NEW Biotiful High Protein Kefir drinks: combining Clean Protein and Natural Gut Health
In response to growing consumer demand for high protein products, Biotiful Gut Health, the UK’s No.1 Kefir brand, are co...
Product Development 2 min read

Joanne

1/7/2025 2:49:58 PM

Moderato Wines Announces Major Listing with Majestic Wine
Premium Alcohol-Free French Wine Brand Expands UK Reach with New Strategic Listing
Beverages 4 min read

Chris

6/23/2025 8:46:51 AM

Stockley’s Rekindles Appetite For ‘Impossible To Rush’ Treacle Toffee
The latest yesteryear treat rethought by Stockley’s is Treacle Toffee, otherwise known as Bonfire toffee, on account of ...
Product Development 4 min read

Gina

3/11/2024 4:11:04 PM

Societal shift leading to a stronger nation
Over half of Brits say there’s been a shift in celebrating physically stronger women
Product Development 4 min read