A toast with vegan cold cuts

© Biolab

Global Plant-Based Food Market Set to Exceed $75 Billion by 2028, Fueled by Health and Sustainability Trends

DUBLIN–(BUSINESS WIRE)–The “Global Plant-based Food Market Outlook, 2028” report has been added to ResearchAndMarkets.com’s offering. The global plant-based food market is expected to witness robust growth, crossing USD 75 billion in market size by 2028, up from USD 41.06 billion in 2022. The market is projected to grow at a compound annual growth rate (CAGR) of 10.95% during the period from 2023 to 2028, driven by various key factors. Key Drivers: Rising Demand for Dairy and Meat Alternatives: The global market for plant-based foods is being fueled by the increasing need for dairy and meat alternatives. The growing trends of veganism and flexitarianism are contributing to the surge in demand for plant-based foods as consumers seek healthier and more sustainable dietary choices. Health and Environmental …


Multi-Platinum, GRAMMY® Award Winning Artist Anton Zaslavski (Zedd) Invests In Food Tech Leader BetterBrand, Launches Limited Edition Collaboration Drop

The investment comes off the heels of BetterBrand’s accelerated international expansion and record-breaking Series A fundraising round. LOS ANGELES–(BUSINESS WIRE)–BetterBrand™ – the company leading innovation in the $12 trillion refined carb space – announces that Anton Zaslavski, DJ, record producer, composer, and songwriter publicly known as Zedd, has joined its growing list of notable investors. The investment comes shortly after the Company closed its Series A funding round at a pre-money valuation of $170 million, whereby founder Aimee Yang set a record for the highest Series A valuation posted by a female founder in venture history. As a multi-platinum, GRAMMY® Award-winner, Zaslavski is one of the most sought after artists in the world. On top of his iconic albums Clarity and True Colors, and singles …



MNHS Studio-NUOSMIQ Launches Upcycled, Handmade ‘Eco Stripe Sneakers’

– Upcycled sneakers made with vegan leather and spare leather scraps SEOUL, South Korea–(BUSINESS WIRE)–#EcoStripeSneakers–MNHS Studio, a company responsible for the design and manufacturing of the contemporary and unique classic brand NUOSMIQ, has released eco-stripe sneakers made with upcycled materials. CEO Kim Hee-sun, a shoe designer, came up with this product while searching for a solution to recycle leftover leather from the manufacturing process. Eco Stripe sneakers are produced using a meticulously replicated 40-year-old handmade shoemaking process. Because vegan leather, recycled fabric, and leftover leather scraps are used in their production, each pair is unique in terms of its patterns, materials, and colors. The soles feature premium Osolite cushioned insoles, known for their support and elasticity, to offer outstanding wearing comfort. CEO Kim Hee Sun …


Actual Veggies Green Burger

© Actual Veggies

Global Plant-Based Food Market Set to Reach $54.15 Billion by 2023, Driven by Surging Vegan Population and Health Consciousness

DUBLIN–(BUSINESS WIRE)–The “Global Plant-Based Food Market (by Type, Distribution Channel, & Region): Insights and Forecast with Potential Impact of COVID-19 (2022-2027)” report has been added to ResearchAndMarkets.com’s offering. The global plant-based food market is poised for substantial growth, with a projected value of US$54.15 billion by 2023, marking a remarkable compound annual growth rate (CAGR) of 17.60% during the forecast period from 2022 to 2027. Segment Coverage By Type: The plant-based food market is categorized into four main segments based on type: Dairy, Meat, Egg, and Others. The dairy segment holds the largest share of the plant-based food market, driven by the increasing prevalence of milk allergies and lactose intolerance cases. The plant-based egg market is expected to grow at the highest CAGR, with plant-based …


triplebar animal proteins

© Triplebar

Triplebar’s Latest $20M Financing Will Expand Its Product Portfolio Across Food and Biopharmaceuticals

Triplebar announced $20M in new financing to expand the biotechnology company’s product portfolio in food and biopharmaceuticals Synthesis Capital led the round, with participation from Essential Capital, Stray Dog Capital, iSelect Fund, and existing major investor The Production Board Triplebar’s “microprocessor for biology” exploits evolution to develop food proteins, novel biologic drugs and their cellular production systems, improving human health and reducing the cost and footprint of food systems EMERYVILLE, Calif.–(BUSINESS WIRE)–Triplebar announced $20M in new funding to expand its product portfolio in food and biopharmaceuticals. Triplebar’s Hyper-Throughput™ screening platform acts as a “microprocessor for biology,” integrating hardware, software, biology and biochemistry to miniaturize and accelerate evolution. Triplebar and its commercial partners use the platform to develop biological systems for manufacturing low-cost, low-footprint animal proteins …


Nutritionist giving supplements, losing weight

© radosnasosna - stock.adobe.com

Vegan Supplements Global Market Report 2023 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Vegan Supplements Global Market Report 2023” report has been added to ResearchAndMarkets.com’s offering. The global vegan supplements market is expected to grow from $8.87 billion in 2022 to $9.66 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The vegan supplements market is expected to reach $13.49 billion in 2027 at a CAGR of 8.7%. The growing popularity of veganism is expected to drive the expansion of the vegan supplements market in the coming years. Veganism is a dietary choice that exclusively relies on plant-based meals while abstaining from animal products. The increasing adoption of veganism is fueling the demand for vegan supplements, particularly for vitamins such as vitamin B12, vitamin D3, and folic acid. For instance, in August 2020, …




e.l.f. Beauty Announces Earnings Release Date for Second Quarter Fiscal 2024 Results

OAKLAND, Calif.–(BUSINESS WIRE)–e.l.f. Beauty (NYSE: ELF) (the “Company”) today announced that it will hold a webcast to discuss its second quarter fiscal 2024 results on Wednesday, November 1, 2023, at 4:30 p.m. Eastern Time. A press release detailing the Company’s results will be issued prior to the webcast, which will be hosted by Tarang Amin, Chairman and Chief Executive Officer, and Mandy Fields, Senior Vice President and Chief Financial Officer. The webcast will be broadcasted live at https://investor.elfbeauty.com/news-and-events/events-and-presentations. For those unable to listen to the live broadcast, an archived version will be available at the same location. Learn more by visiting https://investor.elfbeauty.com. About e.l.f. Beauty e.l.f. Beauty, Inc. builds brands designed to disrupt norms, shape culture and connect communities through positivity, inclusivity and accessibility. A …


Endangered Species

©Endangered Species

Global Vegan Confectionery Market Size, Share & Trends Analysis Report 2023-2030

DUBLIN–(BUSINESS WIRE)–The “Vegan Confectionery Market Size, Share & Trends Analysis Report By Product (Chocolate, Sugar, Flour), By Distribution Channel (Offline, and Online), By Region, And Segment Forecasts, 2023 – 2030” report has been added to ResearchAndMarkets.com’s offering. The global vegan confectionery market size is anticipated to reach USD 2.62 billion by 2030. The market is projected to expand at a CAGR of 9.9% from 2023 to 2030. The global vegan confectionery market is experiencing significant growth driven by several key factors. The increasing adoption of veganism, particularly among millennials and the working population, is a primary driver of demand. Consumers are becoming more conscious of animal cruelty and environmental sustainability, leading to a rise in campaigns and awareness efforts, further boosting the market. Vegan chocolate …


Tofurky Pizza Pockets


Meat Substitutes Market to Reach a Value of $9.5 Billion by 2028

DUBLIN–(BUSINESS WIRE)–The “Meat Substitutes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” report has been added to ResearchAndMarkets.com’s offering. The global meat substitutes market size reached US$ 6.5 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 9.5 Billion by 2028, exhibiting a growth rate (CAGR) of 6.6% during 2023-2028 The meat substitutes market is experiencing significant growth, driven by several key factors. One prominent driver is the increasing adoption of veganism, accompanied by a rising awareness of the ethical concerns related to traditional farm animal practices. Additionally, a growing emphasis on health consciousness among consumers is further fueling this market’s expansion. Notably, Europe stands as the largest market for meat substitutes, with various factors contributing to its …


Elmhurst® 1925 Announces the Newest Addition to its Unsweetened Plank Milk Line: Milked Coconuts & Cashews

Pioneer in the Plant-Based Category Expands Its Award-Winning, Flagship Unsweetened Plant Milk Line ELMA, N.Y.–(BUSINESS WIRE)–Elmhurst 1925, maker of simple, nutritious and incredibly delicious plant-based dairy products, today announced the expansion of its flagship unsweetened plant milk line with its newest offering: Milked Coconuts & Cashews. Delicately crafted with whole buttery cashews and rich coconut cream, the unsweetened blend delivers an unmatched balanced flavor and creamy texture. The Unsweetened Coconut Cashew Blend offers a velvety consistency and it’s a versatile beverage that pairs seamlessly with any coffee roast, smoothie concoction, or dish that traditionally requires a dairy or cream base. It can be steamed and frothed to perfection for lattes and cappuccinos galore, or used as a creamer to infuse a hint of natural sweetness …



Baseball Great Giancarlo Stanton of the New York Yankees Joins the Yerbae Family of Investors

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–$YERB.u #giancarlostanton–Yerbaé Brands Corp. (TSXv: YERB.u; OTCQX: YERBF), a plant-based energy beverage company, today announced Giancarlo Stanton – designated hitter and outfielder for the New York Yankees – has signed on to its growing roster of luminary investors from the world of sports. “Yerbaé is healthy and tastes great – that’s why I drink it,” said Stanton. One of Major League Baseball’s most feared hitters, Stanton joins an accomplished cohort of leaders representing the world of sports, including National Football League, NCAA College Football, Major League Baseball, Major League Soccer and CrossFit. Giancarlo was the Most Valuable Player in 2017, and he is a five-time All-Star, as well as All-Star Game MVP, Home Run Derby winner, and a two-time Silver Slugger award winner. …


Odyssey Elixir

© Odyssey

Functional Beverage Innovator, Odyssey, Expands Retail Presence in Ohio and Michigan

In Response to High Demand, the Rapidly Growing Beverage Brand Forges Strategic Partnerships with Heidelberg Distribution and John P. Sullivan FT. LAUDERDALE, Fla.–(BUSINESS WIRE)–Odyssey, a leader in the functional beverage category innovating with energy-boosting mushrooms, is embarking on significant retail expansion with two key distribution partnerships; bringing its retail presence to over 6,000+ stores. Teaming up with Heidelberg Distributing, Odyssey will now serve retail partners in Ohio, covering approximately 9,100 off-premise accounts. This collaboration provides the opportunity for Odyssey to expand into over 9,000 additional stores, including 4,500 chain accounts and 4,600 independent retailers, marking a substantial stride in the brand’s nationwide distribution strategy. “Odyssey is excited to announce we have aligned with Heidelberg Distributing to service our retail partners within the state of Ohio,” …


Banana leather

© Banofi

Student Entrepreneurs from Yale University Win Prestigious $1 Million 2023 Hult Prize

Banofi Leather develops plant-based leather products, including materials used for handbags and apparel PARIS–(BUSINESS WIRE)–Just days before the start of Paris Fashion Week, the Hult Prize Foundation on September 22 held its Global Final and named the social entrepreneurial startup Banofi Leather from Yale University in New Haven, Connecticut, USA, as the winner of the annual $1 million Hult Prize. Banofi Leather developed technology to convert banana crop waste into vegan, sustainable and cruelty-free leather used for handbag, apparel, and other products. The annual Hult Prize competition challenges student entrepreneurs from around the world to create and launch businesses aimed at tackling some of society’s most pressing issues through social entrepreneurship. Ideas must create measurable positive impact on people and the planet and support the …


Bran in close up

©Moving [email protected]

Bran-Based Products Thrive as Consumers Seek Fiber-Rich and Vegan Diet Options: Market on Track for Remarkable CAGR of 8.0% – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global Bran Market Size, Share & Industry Trends Analysis Report By Application, By Distribution Channel (B2B, and B2C), By Source (Wheat, Rice, Corn, Barley, and Others), By Regional Outlook and Forecast, 2023 – 2030” report has been added to ResearchAndMarkets.com’s offering. The global Bran Market is on a remarkable growth trajectory, with an anticipated value of USD 122.9 billion by 2030, marked by a notable Compound Annual Growth Rate (CAGR) of 8.0% during the forecast period. Rising Popularity of Fiber-Rich Foods: Cereal and grain-based foods have gained prominence in the processed food industry, even though fruits and vegetables are naturally rich in dietary fiber. Consequently, Breakfast cereal raked in revenue of $5,466.2 million in 2022, driven by growing consumer awareness of the nutritional …


Danone invests in Imagindairy to develop animal-free dairy

© Imagindairy

Global Precision Fermentation Ingredients Market: Explosive Growth with 44.0% CAGR, Reaching $36.3 Billion by 2030

DUBLIN–(BUSINESS WIRE)–The “Global Precision Fermentation Ingredients Market by Ingredient (Whey & Casein Protein, Egg White, Collagen Protein, Heme Protein), Microbe (Yeast, Algae, Fungi, Bacteria) End User, Food & Beverage Application, and Region – Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering. The global precision fermentation ingredients market is set for remarkable growth, with an estimated value of USD 2.8 billion in 2023 and a projected increase to USD 36.3 billion by 2030. This trajectory showcases a robust compound annual growth rate (CAGR) of 44.0% in terms of value over the forecast period. Several key factors contribute to this impressive expansion. One of the significant drivers of market growth is the surge in startups entering the precision fermentation industry, driven by heightened investor interest …


Yerbaé Welcomes New York Jets Offensive Coordinator Nathaniel Hackett to Its Team of Investors

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–$YERB.U #NYJ–Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF), a plant-based energy beverage company, today announced Nathaniel Hackett, offensive coordinator for the New York Jets, has signed on to its growing roster of NFL luminary investors. “I’m never hurting for energy. But when I need that extra little boost, there is nothing better than Yerbaé!” said Coach Hackett. “I love literally every flavor — especially Yuzu Lime — and I never have to worry about crashing after. You gotta try Yerbaé!” Coach Hackett joins fellow NFL coaches Kyle Shanahan (Head Coach, San Francisco 49ers), Ben Johnson (Offensive Coordinator, Detroit Lions), Ejiro Evero (Defensive Coordinator, Carolina Panthers) and others from college football, CrossFit and across the sports community. “Coach Hackett brings a commitment to excellence …


Automated Control Concepts Unveils Advanced Bioreactor Upgrade to Revolutionize Biotechnology

NEPTUNE, N.J.–(BUSINESS WIRE)–Automated Control Concepts (ACC), a leading innovator in biotechnology solutions, announced the next release of its cutting-edge bioreactor control and data platform, Lab Owl, with new advancements that promise to redefine the landscape of bioprocessing. The upgraded bioreactor control and data system, known as Lab Owl 3.0, is designed to meet the evolving needs of the biotechnology and cultured meat industries. Leveraging state-of-the-art technology and a commitment to sustainability, Lab Owl 3.0 boasts an array of enhanced features and benefits: Enhanced Efficiency: Engineered with precision, Lab Owl 3.0 optimizes nutrient delivery, oxygenation, and waste removal, resulting in significantly improved processing efficiency and cell growth. Increased Capacity: By supporting larger vessels and improved mixing capabilities, Lab Owl 3.0 can accommodate greater volumes of cells …


Mycorena’s mycelium-based protein Promyc

© Mycorena

Global Mycelium Research Report 2023-2028: Product and Application, Supply Chain Analysis, and Country Analysis – An Eco-Friendly Solution in Food and Beverages Aiding the Drive to Net-Zero

DUBLIN–(BUSINESS WIRE)–The “Mycelium Market – A Global and Regional Analysis: Focus on Mycelium Product and Application, Supply Chain Analysis, and Country Analysis – Analysis and Forecast, 2023-2028” report has been added to ResearchAndMarkets.com’s offering. The global mycelium market was valued at $2.85 billion in 2022 and is expected to reach $4.76 billion by 2028, growing at a CAGR of 9.39% between 2023 and 2028. The mycelium market is still in the nascent phase. Increased research and development activities are underway to develop mycelium-based products, which are expected to increase due to the shift in consumer preference to plant-based meat and veganism. The growth in the global mycelium market is expected to be driven by increasing demand for sustainable materials and their contribution to the circular …


Elmhurst® 1925 Announces Its Newest Seasonal Offering, Apple Pie Spice Seasonal Blend, Alongside Returning Fan Favorite LTOs

Limited Release Dairy-Free Beverages Pumpkin Spice Oat Creamer and OatNog™ Returning this Fall Alongside New Launch Available at More Than 360 Sprouts Locations Across the Country ELMA, N.Y.–(BUSINESS WIRE)–Elmhurst® 1925, maker of simple, nutritious and incredibly delicious plant-based dairy products, is introducing limited-edition Apple Pie Spice Blend to its beloved seasonal collection, which also features returning fan-favorites Pumpkin Spice Oat Creamer and OatNog™. All three limited-edition seasonals are now available for purchase as shoppers gear up for the holiday season. New Apple Pie Spice Blend starts with the same creamy oat-cashew base as their best-selling OatNog™ and VegNews Award-winning Lavender Vanilla Botanical Blend, but with notes of baked apple and buttery piecrust that perfectly complement hot and iced coffee drinks. With Apple Pie Spice, better-than-homemade …


Odyssey Mushroom Elixir Expands Nationwide With 7-Eleven and Wegmans Distribution, Staking Claim in Convenience and Mass Grocery Sectors

The Functional Mushroom Sparkling Elixirs are Elevating Wellness In Over 800 Stores Across the East Coast for a New Era of Convenience FT. LAUDERDALE, Fla.–(BUSINESS WIRE)–Odyssey Mushroom Elixir is expanding its functional mushroom beverages into 732 7-Eleven stores across Florida and all 109 Wegmans Food Markets across the East Coast. From New York to the southern reaches of Florida, Odyssey Mushroom Elixir’s sparkling ready-to-drink beverages are set to grace the shelves of these prominent convenience and grocery chains. The brand’s entry into Wegmans and 7-Eleven aligns with the brand’s overarching goal of catering to evolving consumer preferences across various domains, including the thriving convenience store sector. “We are incredibly thrilled to bring Odyssey Mushroom Elixir to 7-Eleven, a cornerstone convenience store, and Wegmans Food Markets, …