LinkResPet (OTC: LRSV) Explores Expansion Into Pet Functional Supplement Space
LinkResPet
(OTC: LRSV)
Explores Expansion Into Pet Functional
Supplement Space
- The company
is looking to build on its existing CBD product
offer for pets
- Currently
valued at $6.3billion,
the pet nutraceutical market is expected to reach $8billion in
2024
- Functional
supplements
and
nutraceuticals are ingredients
that promote
health and possess demonstrated physiological benefits
KINGTON, UK --
September 9, 2019 -- InvestorsHub NewsWire
-- LinkResPet
("The
Company"), a subsidiary of Link
Reservations Inc. (OTC:
LRSV), a company providing cannabidiol
(CBD) products
especially tailored for pets, is exploring
expanding into the pet functional
supplement
space.
The Company
markets CBD solutions for dogs, cats and horses
and is
researching the nutraceutical
market prospects
in order to deliver 100% natural,
functional
supplements for
companion animals.
Pet owners
are increasingly
changing the way they treat their
animals and their health issues. As pet humanization
develops, consumers are growing more
concerned about their pets' health and safety and are subsequently becoming
more educated about labelling and ingredients in pet
nutrition,
resulting in more awareness and demand for healthy food alternatives and
supplements. This is reflected on the growth of
the global
pet nutraceutical market. Valued at $6.3billion in 2019 and
expected to
reach
$8billion by 2024, with a CAGR of 4.8%,
the sector
is led by
the north-American market.
A 2017 study from Research in Veterinary
Practice mentions how
functional supplements
and
nutraceuticals can
improve satiety
and reduce
postprandial glucose and insulin concentrations in cats and
dogs, thus
reducing diabetes-related comorbidity.
Other
ingredients
have
shown to
modify the
intestinal microflora in dogs and
cats, reduce the
concentration of blood cholesterol
and
have
anti-inflammatory
and antioxidant properties, amongst others.
LinkResPet
is exploring
the market's potential
and window
to expand
into developing
nutraceutical
products and functional
supplement-based
solutions for
pets. The Company already uses CBD
as a base for its LinkResPet products due to its
an
anti-inflammatory, anticonvulsant, antiemetic (controlling
nausea and
vomiting)
and anxiolytic (relieving anxiety) properties. The new
functional supplements
would
sit
under the
LinkResPet brand and contain the existing CBD base element but stacked with functional ingredients
to
promote further
health benefits beyond the ones CBD already provides.
"As humans are increasingly
involved in the health and diet of their beloved pets, we believe
that expanding into the market of
nutraceuticals definitely aligns with
our
core
business of providing the highest
quality natural solutions for animals. We want to
work on different
CBD based solutions and supplements
that can help the
overall
health of animals and make a positive difference in
their life. Be it pets battling with obesity,
diabetes,
anxiety or simply bad breath, there is a realm of
opportunities out there and the answer is
simple: provide a healthy, well
balanced diet with all the power of natural functional
ingredients."
Functional
foods contain
ingredients fortified with a nutrient
that provides health-promoting properties
over and above its usual nutritional value. They are
understood to
be useful
for promoting health and wellness as well as reducing disease risks
and possess demonstrated physiological benefits. Nutraceuticals,
lie under the functional foods umbrella and are commodities
derived from foods, but used in the medicinal form of pills,
capsules or liquids.
For more information about
LinkResPet please see: www.linkrespet.com
About
LinkResPet and Link Reservations Inc.
LinkResPet, a subsidiary of
Link Reservations Inc (OTC:
LRSV), is CBD Petcare provider dedicated to improving the
health and life conditions of pets worldwide. Developing and
marketing hemp-based CBD products for cats, dogs and horses, Link
Reservations Inc is currently present in Europe and in the US. A
pioneer in the area, LinkResPet products can be bought online
on: www.linkrespet.com/shop
Forward-Looking Statements & Disclaimers:
The information
in this Press Release includes certain "forward-looking" statements
within the meaning of the Safe Harbor provisions of Federal
Securities Laws, as that term is defined in section 27a of the
United States Securities Act of 1933, as amended, and section 21e
of the United States Securities Exchange Act of 1934, as amended.
Statements in this document, which are not purely historical, are
forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the future.
Investors are cautioned that such statements are based upon
assumptions that in the future may prove not to have been accurate
and are subject to significant risks and uncertainties, including
the future financial performance of the Company. Although the
Company believes that the expectations reflected in its
forward-looking statements are reasonable, it can give no assurance
that such expectations or any of its forward-looking statements
will prove to be correct. Readers are cautioned not to place undue
reliance on these forward-looking statements that speak only as of
the date of this release, and the Company undertakes no obligation
to update publicly any forward-looking statements to reflect new
information, events, or circumstances after the date of this
release except as required by law.
LinkResPet/Link Reservations Inc.
61 Bridge Street
Kington
Herefordshire HR5
3DJ
United Kingdom
www.linkrespet.com
+44 330 808 0897
info@linkreservationsinc.com
Link Reservations (PK) (USOTC:LRSV)
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