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

10/7/2024 9:22:38 AM

Alcohol free mulled wine launches in the UK's biggest supermarkets
Christmas is the perfect time of year to raise a glass and celebrate with loved ones. 
Product Development 3 min read

1/26/2024 9:53:57 AM

Plantbased Ice Cream celebrates its strong Ozzie ties on Australia Day
How best for a British based but Australian conceived brand of plantbased ice cream chunks to celebrate both the arrival...
Product Development 2 min read

Rachel

3/25/2025 9:18:46 AM

Speciality Brands Expands into Non-Alcoholic Category for the first time with Pollen Projects Partnership
Award-winning UK premium drinks distributor, Speciality Brands, is thrilled to announce its exclusive partnership with P...
Beverages 4 min read

Kim

1/15/2025 12:11:07 PM

Gong cha lands on the Isle of Ireland: Belfast welcomes the world’s fastest-growing bubble tea sensation
Gong cha, one of the world’s fastest-growing global tea brands, is pleased to announce its first store opening in Northe...
News & Appointments 3 min read