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Top Stories of the vegan business world

Rügenwalder Mühle: Revenue Increases to EUR 212 Million Due to Plantbased Products

Rügenwalder Mühle: Revenue Increases to EUR 212 Million Due to Plantbased Products
German food manufacturer Rügenwalder Mühle, which has operated in the plantbased market for around five years, now announces its revenue has increased to EUR 212 million, thanks to trend for plantbased products in Europe. The company plans to increase capacity for vegan and vegetarian production with a focus on climate protection and responsible consumption.
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Surge in Plant-Based Investment Sees Strong Demand for Second Kale United Crowdfunding

Kale United Logo
Plant-based company Kale United AB (Kale United) today announces its ​second crowdfunding round​ has seen strong global demand from investors, with EUR 600,000 raised to date, surpassing the minimum target and approaching the EUR 1 million total target.
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Tyson Invests in Plantbased Shrimp Producer New Wave Foods

Tyson Invests in Plantbased Shrimp Producer New Wave Foods
Tyson Foods Inc. announces yesterday that it has completed an investment in New Wave Foods through its subsidiary Tyson Ventures. New Wave produces plantbased seafood and aims to launch a vegan shrimp product to market early next year.
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Alliance Formed Between Key Cell-Based Producers to Lobby and Advance Cell-based Industry

Alliance Formed Between Key Cell-Based Producers to Lobby and Advance Cell-based Industry
The Alliance for Meat, Poultry & Seafood Innovation, or AMPS Innovation, was formed last week, 29th August, to represent the cell-based meat, poultry and seafood industry, and to accelerate this area of foodtech into the mainstream. The alliance at present involves five companies, three from cell-based meat and two from seafood, who will lobby in Washington to educate about and promote cell-based products.

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Cargill Invests $75 million in PURIS Pea Protein Production

Ryan Bethencourt
Wild Earth is a sustainable pet food company with a mission is to make dog food better. A study released by UCLA calculated that the meat-based food eaten by Americans' dogs and cats generates the equivalent of 64 million tons of carbon dioxide per year, which has about the same climate impact as a year's worth of driving from 13.6 million cars.
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Cargill Invests $75 million in PURIS Pea Protein Production

cargill logo
Cargill has invested an additional $75 million in PURIS, the largest North American producer of pea protein. The pea protein industry has seen phenomenal growth following the success of the Beyond Burger, as we reported here and here. It seems that the pea craze continues without slowing down.
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Canada: 95% of Canadians are Familiar with Plant-Based Meats

Canada veg
A recently published study by the Angus Reid Institute reveals that almost all Canadians (95%) are aware of plantbased meats, however only 39% have tried them. On a positive note; the younger, urban consumers are in general far more interested in PB products, with 58% having already tried them, 48% planning to do so, and 70% believing that the vegan movement is here to stay.
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VeganNation Saves 15,000 acres of Amazon Rainforest with Ten Year Lease

Vegan Nation Logo
VeganNation​, the Israeli organisation which describes itself as a “global, vegan, decentralized nation, powered by the blockchain technology," and which launched a crypto-currency called VeganCoin, today announces it has secured a 10-year lease to preserve 15,000 acres of the Amazon rainforest. ​
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"We’re Facing a Multi Billion-Dollar Opportunity for Australia to Become a Global Plant-Protein Powerhouse"

Australia veg
The plant-based meat sector is set to expand massively in Australia, creating substantial growth for crop farmers according to a new report by Food Frontier titled ‘Meat the alternative: Australia’s $3 billion opportunity’, which finds that plant-based industry will generate $3 billion for the Australian economy by 2030.
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