Is Kelp the Next Big Ingredient in Alt-Meat?

When it comes to sustainable food sources, kelp checks all the right boxes. But are U.S. consumers ready to embrace it as a main course? Courtney Boyd Myers, CEO of alt-meat food tech company AKUA, …

Assessing the Mounting War on Meat

While climate and animal welfare advocates are encouraging less meat consumption, consumer demand continues to rise. With that, some are going on the offensive through legislative efforts. And the battle, it seems, will likely continue …

Report: Vegan Chocolate Increasingly Popular

The global chocolate confectionery market is anticipated to reach $154.5 billion (USD) by 2025. Its growth has been aided by the pandemic, during which consumers have often turned to comforting, indulgent foods, like milk chocolate …

Is the Plant-Based Market Showing Signs of Decline?

Despite interest in the plant-based space by investors, the category appeared to lose a bit of luster in the second quarter, as both Beyond Meat and Maple Leaf Foods noted sales of their plant-based offerings …

‘Fishless’ Fish: The Next Big Thing in Vegan Food Industry

Plant-based meat alternatives have a longer history than some might realize. And, they have proven to be effective in replacing meat products without compromising quality and nutritional value. Plant-based fish has been gaining traction as …

Analysts: Restaurant Customers Seeking Plant-Based Innovation

There’s no denying plant-based food has had a big year. However, the pandemic’s full impact on plant-based momentum in restaurants remains unclear. While the gears of product development are starting to turn again, some major brands have …

Yeast Extract – A Game Changer in the Modern Food Industry

With millennials and Gen Z consumers now hyper-aware of their eating habits and food choices, yeast extract is gaining traction as a versatile ingredient used for savory flavor and quality food. The COVID-19 outbreak encouraged …

Plant-Based Investments Heating Up

Investments into the plant-based meat industry have risen rapidly of late, with the industry raising over $1.4 billion in 2020 alone, according to a report from IDTechEx. The industry is optimistic that these trends will continue into …

Little Caesars Launches Plant-Based Pepperoni Pizzas

The latest plant-based foodservice offering? Planteroni Pizza from Little Caesars. The pizza chain is now offering pizza made with Field Roast’s Plant-Based Pepperoni at many of its stores across the U.S., making it the first …

Study: Plant-Based Meat Lacks Nutritional Components of Beef

A new study from Duke University has identified several chemical components in beef — some of which are important to human health — that are not present in plant-based substitutes, and vice versa. The study, …

Despite the Rise of Plant-Based Alternatives, Meat Department Sales Up 19% in 2020

Despite the rise of plant-based alternatives last year, meat department sales reached $82.5 billion in 2020, an increase of 19.2%, according to the 2021 Power of Meat report from FMI and the Foundation for Meat …

Non-dairy Desserts Shaking up the Ice Cream Aisle

The plant-based ice cream sector is growing fast, with no signs of slowing on the horizon. At the end of March, snack bar brand KIND released seven flavors of frozen, plant-based desserts, reimagining their classic …

Report: Dunkin’ Cuts Beyond Meat Sandwich from Menu

Dunkin’ has pulled the Beyond Sausage breakfast sandwich off its U.S. menu and no longer has it listed among the food items posted on the company’s website, reported Fox Business (June 23). ANALYST COMMENTS “We …

FI Seafood News: Shrimp Market Growing Significantly

Here’s a look into notable developments in the seafood market recently: SHRIMP’S ASCENT The global shrimp market size was valued at $31.6 billion in 2019, and is estimated to reach $54.6 billion by 2027, registering a CAGR of 9.2% …

Cell-Cultured Meat Looks to Go Mainstream

Israeli startup Future Meat Technologies Ltd. is in talks with U.S. regulators to start offering its cell-based meat products in restaurants by the end of next year. THE WORLD’S FIRST INDUSTRIAL CULTURED MEAT PRODUCTION FACILITY …

A Glimpse at the Future of Data Driven Retailing

On countless occasions during her career, Kerrie Lopez wished she had analytics to back up an idea. That said, Lopez, the head of merchandising marketing with Thrive Market, is careful not to rely on analytics …

FI Trending News: Alternative Protein Makers Crack Into Growing Vegan Egg Market

While plant-based meat and dairy markets are saturated with options, vegan egg substitutes have been somewhat limited – until now. Growth of plant-based eggs According to a report by The Plant-Based Foods Association, U.S. plant-based …

Restaurants Can Differentiate Themselves and Grow with Plant Based Foods

As U.S. consumers return to restaurants, operators should embrace plant-based foods to differentiate themselves and boost business in the new world of post-pandemic foodservice. A webinar sponsored by DMA (Distribution Market Advantage) and presented by …

Plant-Based Dairy Market Gathering Significant Momentum

If you walk into any cafe or ice cream shop today, you’ll most likely see a few dairy alternative products: almond milk smoothies, soy milk shakes, and oat milk creamers just to name a few. …

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 …

Beyond Meat Adding Faux Chicken as Alt-Protein Trend Gathers Steam

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 …

Big Meat Buying Up Competition, Expanding into Plant-Based Space

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 …

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%. …

Report: Impossible Foods Planning Eye-Opening, $10B Public Listing

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 …

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 …

Oat Milk Is Gaining Considerable Ground in the Plant-Based Milk Category

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 …

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 …

Plant-Based Meat Trend Continues to Grow Among Major Industry Players

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 …