Company: TCRG
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001185185-25-000206
Chunk: 3

Company: Cannaisseur Group Inc.
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1
Chunk 3
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Channels

The
company plans to sell and distribute its products through online distribution channels, along with products sold on the INNO Medicinals
website in order to build an audience for its products before entering retail locations.

The
Markets for Our Products

The
Company’s focus is on products that address consumers’ specific wellness goals, aligning with the growing demand for functional
nutrition and hydration solutions. Functional food occupies a significant share of the health and wellness foods market, expected to
account for 43.7% in 2025 with a CAGR from 2023 to 2035 of 6.3%. The global digital health and wellness market size was valued
at approximately USD 349.39 billion in 2024 and is expected to reach USD 1663.33 billion by 2033, growing at a compound annual growth
rate (CAGR) of about 18.93% from 2025 to 2033 according to Business Research Insights. The global wellness apps market size was
valued at USD 11.27 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 14.9% from 2025 to 2030.

The
integration of technology into health and wellness presents immense opportunities for market growth. Digital platforms enable individuals
to monitor and manage their health conveniently. Consumers are driven by the desire for health benefits, improved hydration, natural
and clean-label ingredients, and personalized nutrition solutions that fit their lifestyle needs. 

Competition

The
market for health and wellness goods has strong competition, with numerous major competitors. Businesses are concentrating on quality,
innovation, and adapting to shifting customer needs. Some of the key companies manufacturing health and wellness foods include Nestlé
S.A., Danone S.A., PepsiCo Inc., General Mills Inc., GlaxoSmithKline PLC, Abbott Laboratories, Herbalife Nutrition Ltd., Archer Daniels
Midland Company and others.

The
global functional beverage market is highly competitive. There are continuous new technologies due to ongoing R&D and efforts by
value chain participants. Some key players in the beverage market are PepsiCo Inc., Reb Bull GmbH, The Coca-Cola Company, Danone SA,
Monster Beverage Corporation, JAB Holdings Company, General Nutrition Centers Inc. The Hain Celestial Group Inc., Fonterra Co-operative
Group, and Amway Corporation.

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Table of Contents

Employees

The
Company has 3 full-time employees.

Patents
and