Posts tagged "plant-based meat"

Plant-based food market value hits $4.5B, with sales growing 11% in the past year

(16 June/Food Dive) Plant-based food sales have increased 11% in the past year reaching $4.5 billion market value according to The Good Food Institute and the Plant Based Foods Association (PBFA). PBFA’s senior director Julie Emmett says that retailers have described plant-based foods as a growth engine. The growth she says has meant that many...

Forget Synthetic Meat, Lab Grown Dairy Is Here

(12 July/Bloomberg) With the plant-based meat industry gaining large attraction from consumers, Ryan Pandya saw an opportunity to replicate the thinking behind plant based meat, but for dairy products. The U.S. is the largest exporter of whey products and has sales estimated to be $10 billion last year and that figure set to increase by...

Plant-Based Meat Startups Have Cracked Beef, But What About Chicken?

(4 July/Agfunder News) According to Good Food Institute food scientist MJ Kinney, the reason chicken has not been a product of interest as of yet for plant-based food companies such as Impossible Foods and Beyond Meat is they wanted a way to introduce plant-based meat to the market. The solution was using the American favourite,...

McDonalds in Israel to Start Selling Nestlé’s Meatless Incredible Burger

[26 June/The Spoon] Last week, the Israeli publication Globes reported that McDonald’s Israel will start selling its own meatless burger featuring Nestlé’s Incredible patties. Called the Big Vegan, it will start off as a pilot in several locations in Tel Aviv in roughly six weeks. Pricing has not yet been revealed. The U.S. contingent of...

Beyond the burger: A look at the building blocks used to make better plant-based meat

[10 June/Food Dive] With consumer demand rising, scientists are deepening their understanding of how to make plant based meat products even more like animal-based alternatives. The topic of plant-based foods was one of the most widely discussed by companies at this year’s Institute of Food Technologists conference.  At the conference, there were nine breakout sessions...

Nestle’s new plant-based Awesome Burger wants in on the fake-meat market

[03 June/Fast Company] The world’s largest food company Nestle is launching its own meat-like plant burger. The plant-based burger has been coined the Awesome Burger, and was developed by Sweet Earth, a brand acquired by Nestle in 2017. The brand already makes more traditional veggie burgers that do not mimic meat but have added the...

Impossible Foods Dishes Up Its First Meatless Sausage Atop Little Caesars’ Pizza

[20 May/Fortune] Impossible Foods is launching a new product: The Impossible Sausage. The vegan, halal and kosher-friendly sausage is making its exclusive debut on Little Caesars’ Impossible sausage pizza across Detroit. Little Caesars had the foresight to recognise that the core of their meat-eating consumers would embrace an Impossible Supreme Pizza announced Impossible CFO David...

Impossible Foods Snags $75m Series E Led by Singapore State Fund Temasek

[1 August/AgFunder News] Impossible Foods has raised USD75 million in Series E funding, with Temasek leading the round. This marks the fourth agtech investment for the Singaporean state fund and the second investment in a company looking to replace animal products with no-slaughter alternatives. The start-up has now raised USD273.5 million in debt and equity...