DTC meal box service Marley Spoon, backed by TV personality Martha Stewart, has added meat alternatives from The Veggie Lovers, developed and distributed by Future Food Group. The Veggie Lovers’ Vegan Meatballs had been previously added to the range at the end of December, and now boxes of The Veggie Lovers Vegan Bratwurst and The Veggie Lovers Vegan Burgers are set to follow.
January 2021
Hungry Planet Partners With Post Holdings as Plant-Based Demand Skyrockets
Plant meat producer Hungry Planet announces a partnership with CPG holding company Post Holdings, Inc., to expand the distribution of Hungry Planet’s portfolio in response to growing demand for alternative proteins. Based in St. Louis, Hungry Planet meats are distributed throughout the United States via foodservice, restaurants, grocery stores and e-commerce.
Market for Vegan Butter Exploding Internationally as Dairy Sales Slump
A recent study has found that between 2015 and 2019, dairy volumes slumped by around 300 million gallons, while consumption of plant-based alternatives saw a rise of around 50 million gallons. As per the Food Industry Association, around 30% of households are home to vegan, vegetarian, flexitarian, or pescatarian consumers, and this is leading to increased variety in retail.
UN Reveals 30% of the Entire Planet Supports Plant-Based Diet as a Climate Policy
With 1.2 million respondents in 50 countries covering 56% of the world population, the UN’s People’s Climate Vote is the largest ever survey of public opinion on climate change. The poll revealed that an overall average of 30 % of people in the surveyed 50 countries support the promotion of plant-based diet as a climate policy. The figure is as much as 42% in developing states and 33% in high-income countries.
Vegan Fine Brands: “Actively Discussing Partnerships to Bring the Vegan Fine Brands Concept Nationwide”
Founded in Fort Lauderdale Florida, Vegan Fine Brands is a plant-based emporium encompassing Vegan Fine Foods, Vegan Fine Body and Vegan Fine Cafe, which has received financial backing from various vegan investors including Heather Mills.
Telepizza Launches First Ever 100% Vegan Line Across Spain
Telepizza, a mainstream pizza delivery service similar to Domino’s, which operates throughout Spain, has launched its first fully vegan product line, “Las Veguis”, using ingredients from Unilever’s plant-based subsidiary The Vegetarian Butcher and vegan cheese brand Violife.
The Craftory to Invest $50M in HIPPEAS
After previously investing in Chilean plant-based meat producer NotCo, London and San Francisco based investment house The Craftory is adding Hippeas to its portfolio. The organic chickpea snack brand will be backed with $50 million to boost innovation, expand production and increase distribution.
Psychedelic Plant-Based: Flower Burger Debuts in the UK This Spring
Italian plant-based brand Flower Burger will open its first UK store in Fitzrovia, London in Spring 2021. Famed for its fun and colourful vegan fast-food made from all-natural ingredients, the new restaurant will open on Charlotte Street.
Sedef Köktentürk Joins Blue Horizon Corporation as Managing Partner and COO
Swiss-based impact investor Blue Horizon Corporation announces the hiring of Sedef Köktentürk as Managing Partner and COO. She joins the leadership team and heads the Impact division. Köktentürk is a former Olympic windsurfer and previously spent three years as an Executive Director at Goldman Sachs.
Veganz Expands its Climate Smart Products Into Greek Market
German full-range vegan food retailer Veganz launches into Greek supermarket chain AB (Alfa-Beta) as the first brand in the world to bring 24 climate-smart products to the Greek market. A climate-friendly range of 24 products including vegan chocolates, biscuits, bars and spreads, will be available in 200 stores across Greece.
What’s New in Corporate Plant-Based: Kraft Heinz, Tyson, Kroger, Else Nutrition, Beyond
Established legacy food companies like Kraft Heinz Co, Tyson Foods, Inc., and Kroger Co, are increasingly expanding their plant-based offerings to join purpose-built plant-based food companies like Beyond Meat Inc and Else Nutrition in the rapidly growing plant-based business market.
Plant-Based Medical Nutrition Leader Kate Farms Secures $60 Million
Kate Farms, producer of plant-based, organic, clinically proven formulas for tube feeding to help nourish those with chronic illnesses, announced today that Main Street Advisors has joined Goldman Sachs and Kaiser Permanente Ventures in Kate Farms‘ Series B funding round, bringing the final raise to $60 million.
Beyond Meat Shares Spike by 39% Following PepsiCo Announcement
Beyond Meat, one of the fastest-growing food companies in the United States, has seen an impressive spike of up to 39% on the stock market. The news comes after an agreement with PepsiCo to establish a new joint venture to produce plant-based snacks and drinks, as announced yesterday.
The Future Of Food Is Here: Ryan Pandya of Perfect Day on The Plantbased Business Hour
CEO and Co-Founder of Perfect Day Foods, Ryan Pandya joins Elysabeth Alfano on The Plantbased Business Hour to discuss dairy without the cow. Yes. The future of food IS here. They discuss 1) precision fermentation, 2) is dairy made without the cow or the cows’ actual DNA plant-based and/or healthy?, 3) how do we communicate this to the consumer?, and 4) Perfect Day’s collaborations for the future. Podcast here. Below is a highlight clip (3:15) of Ryan explaining precision fermentation. Long-form video interview is here. Display content from YouTube Click here to display content from YouTube. Learn more in YouTube’s privacy policy. Always display content from YouTube Open “What Exactly Is Precision Fermentation And What Does It Mean For Our Food?” directly Now you …
Social Chain AG Acquires 10% of Germany’s PLANTY-OF-MEAT
Food Chain GmbH, a wholly-owned subsidiary of Social Chain AG, acquires 10% of PLANTY-OF-MEAT GmbH. The company has also secured the option to acquire a majority stake in PLANTY-OF-MEAT. Food Chain expects steady growth this year and predicts an increase from 75 million euros in 2020 to 110 million euros in 2021.
Beyond Meat Teams Up With PepsiCo to Form The PLANeT Partnership
PepsiCo, Inc. and Beyond Meat Inc. announced yesterday their plans to form a joint venture called The PLANeT Partnership, LLC, to create new plant-based snacks and beverages. Following the release of the information, Beyond Meat’s share price rose sharply. Financial terms of the partnership were not disclosed.
NovaMeat Develops World’s Largest Piece of Cellular Meat
Spanish company NovaMeat, which develops 3D printed plant-based meat, has developed the world’s largest cellular meat prototype, according to Giuseppe Scionti, bioengineer, foodtech entrepreneur and founder of NovaMeat.
Zero Egg: “We Believe Zero Egg is a Game-Changer in the Egg Category”
Zero Egg is a plant-based egg made with a combination of sustainable plant proteins including soy, potato, chickpea, and yellow pea protein. Shortly after launching, the brand announced it had secured $5 million in Series A funding; plant-based egg is the fastest-growing category in plant-based and these products are highly sought after.
Plant-based Interest Increases in the UAE as Spinneys Introduces New Vegan Initiative
Spinneys, one of the UAE’s biggest supermarkets, has launched the Power of Plants initiative with the aim of encouraging customers to adopt a more sustainable and healthy diet. The move follows increasing movement in the plant-based sector in the Middle Eastern country.