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Nestlé Invests 100 Million Swiss Francs on Plant-Based Production Facility in China

nestle-china
Nestlé has announced a series of investments totalling more than 100 million Swiss Francs (around USD $103,500,000) for its first production facility in Asia for plant-based products. The company has its sights set on development in China in the Tianjin Economic-Technological Development Area (TEDA).
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Beyond Meat Increases Production as COVID 19 Steers Consumers Away From Meat

The beyond burger hero shot.
Bram Meijer, Marketing Director EMEA at Beyond Meat has told Food Ingredients First that Beyond Meat is “making adjustments to increase accessibility across retail and continuing our march on cost-reduction within our production process and supply chain. Our supply chain is very nascent – we are just getting started.”
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Wave of Vegan Business News from India Including Starbucks

Wave of Vegan Business News from India Including Starbucks
Starbucks India has announced on its Facebook page that it is introducing #VeganColdBrew, a slowly steeped cold coffee brew made with the essence of soy. Starbucks' new vegan product signals the growing interest from the brand in meeting the demands of vegans in India.
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Coca Cola Slips Into the Vegan Milk Category Under the Name Simply Almond Milk

Simply Almond Milk
Coca Cola has quietly entered the North American plant-based milk sector with products called Simply Almond Milk. The plant milk line is part of Coca-Cola's Simply brand of beverages such as high sugar content orange juice and lemonade.
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No Harm, No Fowl: CEO of Rebellyous Foods, Christie Lagally, on The Plantbased Business Hour

No Harm, No Fowl: CEO of Rebellyous Foods, Christie Lagally, on The Plantbased Business Hour
On The Plantbased Business Hour with Elysabeth Alfano, Boeing Mechanical Engineer and CEO of Rebellyous Foods, Christie Lagally, explains how she takes on the largest sector of the meat industry (chicken) by creating a delicious chicken nugget that can scale up in volume and scale down in price to truly replace chicken production.
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Deiveroo Hong Kong Sees 104% Growth of Vegan Options Since Pandemic

Deiveroo Hong Kong Sees 104% Growth of Vegan Options Since Pandemic
Deliveroo Hong Kong, as several other home delivery services and ecommerce platforms, has seen a rise of success since the pandemic began. The online service now also reveals that demand for plantbased menu options has increased dramatically with the number of partnering restaurants offering vegan dishes surging from 80 to 266.
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GFI India Partners with AAK Kamani to Advance the Alt Protein Industry in India

GFI India AAK
AAK Kamani, AAK's majority-owned Indian joint venture, has announced that it has partnered with The Good Food Institute in India to collaborate on research and business promotion aimed at advancing India's highly promising market for plant-based meat and dairy alternatives.
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Mycorena Raises € 1.2 Million for Unique Fungi Protein as Beginning of a "Silicon Valley of Foodtech in the Nordics"

Mycorena raise
Swedish foodtech startup Mycorena announces a raise over 1.2 Million EUR to fund the scaling of its novel fungi-based protein ingredient, Promyc®. The company will open a facility in Falkenberg, Sweden - which is reportedly the first step to "transform the region to be the Silicon Valley of Foodtech in the Nordics."
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Trader Joe’s Adds Turkeyless Protein Patty to its Plant-Based Protein Line-Up 

Trader Joe's Logo
According to vegnews.com, Trader Joe’s recently launched new Turkeyless Protein Patties. The plant-based protein was spotted by a member of Everything Vegan Trader Joe’s, a private Facebook group.
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