Celebrity-backed plant-based milk brand Oatly has seen success among vegans and non-vegans alike. Once only found in trendy cafes and niche grocery stores, the company’s oat milk can be found in mainstream foodservice outlets and …
While plant-based beef held center stage in 2020, vegan-friendly seafood appears to be waiting in the wings for its big moment. Veganism is as popular as ever, according to Google data showing vegan-related searches were …
Impossible Foods is cutting foodservice distributor prices for the second time in a year as part of its push to better compete with traditional ground beef. The maker of soy-based meat alternatives is dropping prices …
While some people have strayed from regular diet and exercise routines over the course of the pandemic, others have capitalized on the new stay-at-home lifestyle by focusing on wellness. Against this backdrop, and ahead of …
Tofurky sales are up 32% in 2020, representing its best Thanksgiving bump since 2017, according to Nielsen data. While the company is now 40 years old, it remains smaller than other players in the plant-based …
Nearly a quarter of the U.S. population are trying new plant-based meat alternatives, according to a study from Herbalife Nutrition. Since the pandemic, buying spree sales of plant-based foods are up 35% as more Americans …
Beyond Meat shares plummeted 22% in after-hours trading following the release of the company’s third quarter results, reported Yakima Herald Republic (Nov. 9). The company noted U.S. retail sales of Beyond Meat slowed in the …
Impossible Foods will use the $700 million it raised in 2020 to double its research and development team to focus on plant-based milk, steak, bacon, and fish products, reported The Washington Post (Oct. 21). The …
Although plant-based beef is usually in the spotlight, meatless chicken is now taking center stage. Jack in the Box unveiled the Unchicken Sandwich, its first plant-based offering, reported Forbes (Oct. 15). It will be tested …
The plant-based trend isn’t going away anytime soon as more vegan-friendly companies are raising significant capital from investors. The LIVEKINDLY Collective, a global multi-brand plant-based food company, raised $135 million in capital in a round …
Consumer packaged goods (CPG) companies, such as Mondelez and Nestlé, are finding new opportunities to stay competitive and succeed during the pandemic. Mondelez Mondelez International has been successful in direct-store delivery (DSD)—a logistics fulfillment system …
CPG companies have been expanding their plant-based offerings to compete with brands such as Impossible Foods and Beyond Meat. The Kellogg Co. partnered with Walt Disney Co. to launch Mickey-Mouse shaped Incogmeato chick’n nuggets, reported MarketWatch (Sept. …
Several plant-based meat companies are making strides in international markets. Impossible Foods is rolling out Impossible Sausage Made From Plants in Hong Kong. Consumers in Hong Kong can now buy the sausage as a breakfast …
Swedish alternative-dairy company Oatly is facing protests by climate and political activists over its decision to sell a stake to Blackstone, a private equity firm that is blamed for contributing to deforestation in the Amazon, …
Over half of Americans are eating fewer animal products since the pandemic, according to research for Eat Just, Inc. One reason for the shift is to be more sustainable. Over 60% of study participants indicated …
Shoppers are increasingly turning to plant-based products. The specialty plant-based segment has grown more than 27% since 2017, reaching nearly $5 billion in total brick-and-mortar sales in 2019, according to the recent State of the Specialty …
As the new year rolled around, no one could have predicted the drastic changes grocery retailers would face in the first half of 2020. The COVID-19 pandemic created major disruptions in consumer buying patterns, online …
Meatpacking facilities across the U.S. have become hot spots for the coronavirus, impacting production of chicken, beef, and pork and causing worry about the nation’s food supply, reported The Wall Street Journal (April 28). In …
Ten years ago, CBD-, plant-, and cell-based variations on food were more science fiction than real products on actual shelves. Online ordering was in its infancy as a market force. And while private labels existed, …
During the week of March 8, The Food Institute was scheduled to head to Natural Products Expo West for on-the-ground reporting on the companies, products, and major trends impacting the food industry. However, the illustrious …
Food in 2020 will be tasty, healthy and increasingly compatible with the imperatives of sustainability. While food will look and feel similar to what is consumed today, it will come from radically different sources in …
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