Plant-Based Archive > Page 2

Plenty of Room for Growth in Plant-Based Space

While Oatly may be making waves for its proposed $10 billion IPO, competition in the space continues to heat up as new competitors expand their product ranges. Meanwhile, the health benefits of these products continue …

Is the Pudding Market Primed for Disruption?

Better-for-you trends continue to shake up the dairy case with an expanding selection of plant-based alternatives in milk, yogurt and, more recently, ice cream. And then there’s pudding, a sleepy category with relatively untapped health …

NYC Becoming Epicenter for Growing Vegan Movement

Coming as no surprise, plant-based food is making headlines again. In addition to other news, one of the world’s most renowned restaurants is going entirely vegan. FINE DINING MAKES THE SHIFT Perhaps the biggest plant-based …

Once a Fringe Movement, Veganism Goes Mainstream

A vegan diet is essentially the strictest form of vegetarianism. That is, in addition to avoiding animal flesh, vegans also cut out dairy, eggs and animal-derived ingredients, such as gelatin whey and casein. And as …

Mushroom Market Booming on Alternative Protein, Other Trends  

Mushrooms are currently thriving at the intersection of multiple industry trends, including alternative proteins, food as health, and countertop gardening. A recent report by Grand View Research projected that the global mushroom market value is expected to exceed $50 billion in …

Here’s the Scoop: Vegan Ice Cream Market Surging

According to a study conducted by Allied Market Research (June 2020), the non-dairy ice cream market was valued at roughly $520 million in 2019 and is growing at a compound annual growth rate of 13.7%. …

Plant-Based Protein Momentum Not Slowing Down

While plant-based protein still makes up a small portion of the overall protein market, the segment has been gaining significant traction. The plant-based proteins market is expected to grow at a CAGR of 9.5% through …

Tofurky Case Stoking Alt-Meat Labeling Debate

A federal appellate court has ruled a state law that prohibits companies from marketing alternative protein products as meat does not violate free speech rights, but it begs the question of whether consumers really would …

Frozen Food Sales Surging Amid Pandemic

Frozen food sales have been anything but icy of late. Frozen foods were among the fastest growing categories in grocery stores over the past year, according to the American Frozen Food Institute’s Power of Frozen …

Breaking Down Bill Gates’ Synthetic-Beef Climate Solution

Microsoft cofounder and philanthropist Bill Gates recently proposed that shifting beef consumption in wealthier countries to 100% synthetic alternatives could significantly reduce carbon emissions in the long term, reported MIT Technology Review (Feb. 14). But …

Danone Feels Pressure from COVID-19 and Weaker Sales

Danone is being pressured on three fronts: nondairy substitutes are failing to compensate for a slowdown in yogurt consumption, demand for bottled water has wilted, and infant formula sales have weakened due to slowing birthrates. …

Dairy Farms Decline as Milk Alternatives Go Mainstream

The latest USDA data shows that dairy farms are on the decline, while plant-based milk alternatives are growing in popularity. DAIRY FARM NUMBERS DECLINE USDA’s National Agricultural Statistics Service’s latest Milk Production report shows another …

New Alternative Proteins Set to Go Mainstream

The combination of wanting to eat a healthier diet and reducing the greenhouse gas emissions driving climate change has led to a meteoric rise in meat alternatives. But while consumers are increasingly incorporating plant-based proteins …

The Newest Plant-Based Innovation: A Vegan KitKat

Next Valentine’s Day, plant-based consumers will have even more chocolate options, thanks to Nestle’s latest development: a vegan KitKat. NESTLE TAKES PLANT-BASED CHOCOLATE MAINSTREAM A plant-based candy bar, called KitKat V, will be Nestle’s first …

Are You Ready for 3-D Printed Steak?

Lab-grown meat is getting closer to reaching consumers, and it looks like the world’s first 3-D printed ribeye is up next. Here’s a look at how we got to this point. ISRAEL: A MAJOR INNOVATOR …

Food Tech Driving Down Price of Alt Protein

As the demand for alternative meat products continues to grow, companies are cutting prices to keep up with competition and to become more accessible to all consumers. PLANT-BASED MEAT REDUCES RETAIL PRICES Impossible Foods recently …

Beyond Meat, PepsiCo Team up on Plant-Based Products

The plant-based protein trend continued to gather momentum this week, when Beyond Meat and PepsiCo announced a joint venture to sell snacks and drinks made from plant-based protein. A WIN-WIN FOR TWO MAJOR PLAYERS The …

Give Peas a Chance: Global Pea Protein Market Primed to Surge

Could pea protein be the next big plant-based alternative? One major food company appears to be banking on it. WORLD’S LARGEST PEA PROTEIN PLANT BEGINS OPERATIONS Roquette, a France-based food ingredient company, has begun operations …

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Celebrity-Backed Oatly Poised for Significant Growth with IPO

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 …

Plant-Based Seafood Coming Ashore in 2021

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 …

Tofurky Sales Up for Thanksgiving

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 …

New Plant-Based Products Enter the Market

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 …

Plant-Based Industry Looking to Sustain Growth

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 …

Chicken Wars with a Plant-Based Twist

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 …

Plant-Based Companies Raise Capital

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 …