The clinical proven plant based products market is expanding at a decent clip and one of the operators in that space is Healthy Extracts Incv (OTCMKTS:HYEX). The company’s products are actually meant for brain and heart health.
Market Reaction
On Wednesday, HYEX stock ended flat at $0.0400 with 37 shares, compared to its average volume of 23.3K shares. The stock moved within a range of $0.0400 – 0.0400 after opening trade at $0.0450.
Healthy Extracts Set for Major Win in Multibillion Dollar Nutraceuticals Market with Ramping Sales of Clinically Proven Supplements for Heart & Brain Health
Over the course of the past week, the Healthy Extracts stock has actually performed poorly and declined by as much as 25% amidst a strong selloff. Despite the poor performance of its stock, it may be important for investors to consider that the company is in a position from which it could become a major player in a multibillion dollar industry.
The company noted that that it is all set to record as much as 100% growth in sales in the year 2022. The main reason behind the bullish projection lies in the fact that the products from Healthy Extracts has been successful in making a place in a range of high growth markets.
The brain health supplement market has growth at a remarkable clip and is expected to hit a valuation of as much as $24.6 billion by the time 2027 comes along. On the other hand, the heart health market is all set to balloon to $24.8 billion eventually.
