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 …
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 …
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 …
With each passing day, we’re seeing an abundance of new alt-meat products in 2021. Just within the past few days, Nathan’s Famous revealed it will launch plant-based Meatless Farm hot dogs, while Buona Beef unveiled …
The world’s largest meatpacker is looking to appeal to those who want to eat less meat. Brazil’s JBS will buy Dutch vegetable-based protein company Vivera for $408.1 million, reported Reuters (April 19). Vivera includes a …
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 …
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 …
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%. …
Impossible Foods is reportedly planning for a $10 billion public listing within the next year, either through an IPO or a SPAC. The valuation would be substantially higher than the $4 billion the company was worth …
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 …
Plant-based food and drink companies are tapping into rising consumer demand for animal product alternatives, including milk. In fact, sales of plant-based milks grew five percent in 2019, making up 14 percent of the entire milk category, according to …
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 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 …
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 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. …
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 …
Plant-based companies are finding a home in fast-food, as demand for meat-free options grows among consumers. About one-third of consumers said their consumption of various meat alternatives has increased over the past year, according to …
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 …
Plant-based diets have grown in popularity in recent years, but new research indicates consumers still aren’t eating enough produce. DECLINING FRUIT AND VEGETABLE CONSUMPTION Research from the Produce for Better Health Foundation shows fruit and …
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 …
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 …
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 …
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 …
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 …
A record 54% of Americans between the ages of 24-39 are incorporating more plant-based foods into their diets this year, according to a survey commissioned by Sprouts Farmers Market. WHY ARE CONSUMERS ALIGNING WITH THE …
First came plant-based seafood. Now, cell-based seafood is riding a wave of momentum. Cell-based, or lab-grown, meat is produced by harvesting animal stem cells in nutrient-dense bioreactors. Startups like Mosa Meat, Aleph Farms, and BlueNalu …
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 …
