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magnum sea salt caramel

© Magnum/Unilever

Unilever Aims for €1.5Bn in Sales From Plant-Based Products by 2025

Multinational consumer goods producer Unilever has revealed that it aims to achieve €1.5 billion in sales from plant-based products by 2025. The target is part of Unilever’s goals to reduce its carbon emissions and sustainably feed a growing population. At the recent BusinessWorld Economic Forum, Kristine A. Go — general manager for nutrition at Unilever Southeast Asia — outlined a food technology wheel developed by the company’s Netherlands-based Food Innovation Centre. The wheel is made up of six health and sustainability strategies: Natural and nutritious food — Fortifying Unilever products with nutrients, which will be tailored to the dietary needs of specific countries. Microstructure and textures — Creating plant-based products that replicate the texture of animal products. Culinary experiences — Ensuring vegan products taste like …

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Organisations and Brands:Unilever
abillion vegan app

© abillion

abillion Celebrates Fifth Anniversary, Surpassing $2.8M in Donations & 1M Downloads

Sustainability platform abillion is celebrating its five-year anniversary, along with the achievement of a number of significant milestones. The abillion app has now been downloaded a million times, while the company has broken records by donating over $2.8 million to global impact partners in more than 180 countries worldwide. These donations have helped to create impact for animals, children, and the environment. abillion has also raised over $17 million of investment since its inception, recently closing its first ever community investment round where 290 members worldwide invested over $500,000. The company has grown by 20 times over the past two years. “At abillion, we’re working to inspire people to discover purpose and values through the things all of us do every day,” says founder and …

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Organisations and Brands:abillion
Chocolate peanut bar by Veganz

© Veganz

Veganz Publishes Annual Report 2022

Veganz Group of Berlin, like most businesses, had to contend with the ongoing economic weakness in 2022: after the focus of food retailing and the discount sector in the first months of the year was on ensuring basic supplies for the population, the young core target group in particular (Generation Z and Millennials+) was most recently heavily impacted by price increases in view of their comparatively low income. Overall, this development made it more difficult to relist Veganz products and implement promotional measures, and led to a decline in sales for Veganz Group AG to EUR 23.6 million (previous year: EUR 30.4 million). In contrast, the number of points of sale (“POS”) as of December 31, 2022 increased to 28,217 (December 31, 2021: 25,199) – …

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Organisations and Brands:Veganz
Else Nutrition Baby Cereal

©Else Nutrition

Else Nutrition’s Vegan Cereals For Babies & Toddlers Now Available in 7,000 CVS Stores

Else Nutrition recently announced that two of its products — Baby Super Cereal and Toddler Organic — are now listed in more than 7,000 CVS Pharmacies, the largest pharmacy chain in the US. Additionally, itss Toddler and Kids Shake SKUs are now avilable at 440 Loblaws stores, Canada’s largest retailer, as of last month. This expansion follows the successful launch of Toddler Organic in 1,040 retail stores in September 2022. Else’s Baby Super Cereal is the number one most popular baby cereal on Amazon, according to the company, and is also the first Clean Label Purity Award-winning cereal product for babies without heavy metals in the United States. The cereals have Clean Label certification contain no animal ingredients, no soy and no gluten. According to …

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Organisations and Brands:Else Nutrition
Happyvore pack shot

©Happyvore

France: HappyVore Reaches 2nd Place in Plant-Based Deli Category

HappyVore reports it has risen to 2nd place in the French plant-based delicatessen department. As the leading contributor to the growth of the plant-based delicatessen category, the French SME has posted a +40.2% growth in value sales (January-March 2023 vs. October-December 2022). HappyVore has now reached 9.3% of the value market share (January-March 2023), moving up to 2nd place, just behind the Nestlé brand Garden Gourmet. Since its creation, HappyVore has continued to innovate in favor of a change in the consumption habits of the French, with tasty products that replicate animal meat in flavor and texture, without compromising on taste. Additionally, according to the firm Agrosolutions, a HappyVore product emits on average 12 times less kg of CO2 equivalent and requires 2.8 times less …

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Organisations and Brands:Happyvore
NOMO No Missing Out

© NOMO

NOMO Launches Vegan Cookie Dough Bar, Reports Valuation of Over £9.5M

UK vegan chocolate brand NOMO announces the launch of the Cookie Dough Bar and reports impressive growth figures. NOMO is now worth £9,523,446, making it the UK’s top vegan and free-from chocolate brand. This figure is up 22.3% compared to a year ago. The company is double the size of its nearest competitor, and accounts for 16% of the UK vegan and free-from chocolate category, according to the founders. NOMO’s new bar features cookie dough encased in vegan milk chocolate, and is the brand’s biggest bar yet, making it ideal for sharing. The launch is a response to the success of NOMO’s seasonal cookie dough products; the Cookie Dough Reindeer was the best-selling free from impulse buy in its debut year, while the Cookie Dough …

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Organisations and Brands:NOMO
Beyond Burger in Store

© Beyond Meat

Beyond Meat Stock at Highest Point in 52 Weeks on Frankfurt Stock Exchange

This Tuesday morning (18th April), Beyond Meat stock jumped 1.4 percent in Frankfurt trading, hitting a high for the day at €13.37, as Germany continues at the forefront of animal meat reduction. Beyond Meat stock reached its highest point in 52 weeks (since April 28, 2022), although the stock currently trades 68.77 percent below its 52-week high. Furthermore, the current Beyond Meat share price is 26.72 percent higher than the low point reached on December 29, 2022, as explained by finanzen. Diminished losses in Q4 Beyond Meat declared its Q4 2022 results at the end of February, reporting diminished losses and revenue that surpassed expectations. The news sent Beyond shares soaring by 15 percent in after-market trading.  CEO Ethan Brown, said upon sharing the Q4 results: “We …

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Organisations and Brands:Beyond Meat
&JOY

© &JOY

&JOY: Vegan Desserts From Ukraine With No Gluten or Refined Sugar

&JOY is a Ukrainian company offering plant-based desserts made from nuts, seeds, and fruit. The brand’s entire range is free of gluten and refined sugar. A huge selection of over 100 products is available, such as cakes, cheesecakes, candy bars, cookies, and brownies. Examples include the strawberry yogurt cake, peanut nougat bar, cherry brownies, and passionfruit cheesecake. &JOY has partnerships with more than 120 coffee shops in Kyiv and the wider region, and the desserts are also available direct-to-consumer. The brand claims to have sold over 110,000kg of products in the past four years. The desserts can be ordered from &JOY’s website. They are shipped frozen and can be kept in the freezer for up to 180 days. Plant-based Ukrainian brands Many Ukrainian plant-based producers …

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Organisations and Brands:&JOY
Better Meat Mycelium Vegan Fish

©Better Meat Co.

The Better Meat Co. Forms First Scientific Advisory Board to Advance Use of Mycelium in Alt Protein

Fermented protein innovator The Better Meat Co. announces the formation of its first-ever Scientific Advisory Board (SAB.) The board, which compromises leading experts in filamentous fungi, cell biology, metabolism, genetics, and food safety, is helping to bolster Better Meat’s efforts to advance the use of mycelium in both hybridized and animal-free meat applications.  Better Meat’s first SAB meeting took place on March 13, and its members include:  Louise Glass, PhD – Professor, University of California-Berkeley Jay Dunlap, PhD – Professor,  Geisel School of Medicine at Dartmouth Heather Hallen-Adams, PhD – Professor, University of Nebraska-Lincoln Matt Sachs, PhD – Professor, Texas A&M University  “The fruiting structures of fungi have been used for food and medicine for thousands of years,” shared board member Louise Glass, PhD. “It’s …

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Organisations and Brands:The better Meat Co
plant based eggs sunny side up

© Yo!Egg

Yo-Egg Receives FABI Innovation Awards, Sunny-Side-Up Egg Named a “Top 8” Product

Plant-based egg company Yo Egg announces it has received two of the National Restaurant Association’s 2023 Food and Beverage (FABI) Awards, for the “world’s first and only” plant-based poached egg and sunny-side-up eggs. In addition, the Yo Sunny Side Up egg was selected as one of eight “FABI Favorites”, and will be featured onstage at this year’s NRA show in Chicago.  The FABI Awards recognizes the most forward-thinking and creative tastes that are helping to drive trends and expand menu offerings across the US.  According to Yo Egg, its products feature a runny yolk and real chicken egg taste, which the brand says other egg alternatives currently don’t offer. Made from non-GMO ingredients that include chickpea and soy, Yo Egg recently launched on restaurant menus …

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Organisations and Brands:FABI AwardsNational Restaurant AssociationYO-Egg
Beyond Steak plant-based steak

©Beyond Meat

Beyond Meat’s Beyond Steak Wins Prestigious 2023 FABI Innovation Award

Beyond Meat (NASDAQ: BYND) announces its Beyond Steak product has been awarded the coveted 2023 FABI Award (Food and Beverage Innovation) from the National Restaurant Association. The award recognizes plant-based Beyond Steak for “breaking new ground in creativity and taste”, and marks Beyond Meat’s seventh consecutive FABI award.  According to the National Restaurant Association, the FABI Awards honor products that are revolutionizing food and beverage with innovative flavors, ingredients, creativity, and profit potential. Beyond Meat says its Beyond Steak seared tips provide an authentically juicy, meaty taste and flavor profile that is ideal for sandwiches, bowls, salads, stir fries, tacos and more. FABI praised the product, which first launched in the US in Fall 2022, for its “tender” bite and perfectly “caramelized crust.” Made with …

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Organisations and Brands:Beyond MeatFABI AwardsNational Restaurant Association
Nepra Foods canneloni

©Nepra Foods

Nepra Foods Partners with Scoular to Develop and Market Specialty Plant-Based Ingredients

Plant-based foods company Nepra Foods NPRFF (OTCMKTS) announces it has entered a manufacturing and distribution partnership with Scoular, a global agribusiness company. Together, the partners will collaborate on developing and marketing specialized plant-based ingredients. According to Nepra, the partnership will involve new product development that utilizes Nepra’s R&D team as well as specialty ingredients from both companies. The partnership will also provide for sales and marketing, with Scoular offering Nepra products through its global supply chain network, benefitting both companies.  “This partnership with Scoular represents a transformational step for Nepra and its ability to continue pushing the boundaries of novel food development and broadening market access,” said Chadwick White, CEO of Nepra Foods. “Scoular is a leader within the agricultural supply chain and a pioneer …

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Organisations and Brands:Nepra FoodsScoular
Plant-Based Fried Shrimp

©The ISH Company

The ISH Company and Dot Foods Enter Agreement to Bring Plant-Based Shrimp to US Food Service

Plant-based seafood company The ISH Company announces it has entered a strategic, non-exclusive distribution agreement with Dot Foods, the largest food industry redistributor in North America. ISH states the agreement will enable it to expand distribution across the continental US and provide food greater service access to its seafood alternatives, such as Shrimpish.  According to ISH, its products are currently available in select restaurants and campus dining halls, including at Harvard and Amherst. Through Dot Foods’ distribution ecosystem, ISH will increase availability of these products, providing food service companies nationwide with more healthy and sustainable seafood options. “Making strides” “At ISH, we’re on a mission to put plant-based seafood on plates worldwide, empowering people to make choices that are healthier for their body, but also …

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Organisations and Brands:DOT FoodsShrimpishThe ISH Company
Gyro seitan Uptons Naturals

© Upton's Naturals

Upton’s Naturals is Best Selling Seitan Brand Across All Channels in USA

Chicago-based Upton’s Naturals announces that it is now the top-selling seitan brand across all channels (SPINS 52 weeks ending 12/4/22) and the only nationally distributed, independently owned company in its category. As the pioneer in seitan-based meat alternatives for retail as well as food service, Upton’s Naturals reports it has seen a continued boost in sales, growing approximately 600% from 2013 to 2022. Sell-out product When Upton’s Naturals’ seitan-based beef was added to the menu at all 24 Buona locations in Chicago and Indiana for the Plant-Based Italian Beefless Sandwich in 2021, the option sold out in the first day of launch across multiple locations due to “extremely high demand”, using 1,800lbs of seitan in the process. Following this success, Buona decided to make the sandwich …

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Organisations and Brands:Upton's Naturals
Motif FoodWorks Burger with HEMAMI

©Motif FoodWorks

Motif FoodWorks Partners with IngredientWerks to Explore Creating Animal-Free Heme From Corn

Food tech startup Motif FoodWorks announces it is partnering with IngredientWerks, an agtech ingredients company, to develop high-value plant-based proteins for the alt-protein market. Through the research partnership, the two companies say they will explore new ways to optimize heme protein production through molecular farming.  According to Motif, the partners have begun an exploratory study aimed at recreating Motif’s HEMAMI™ ingredient using corn. HEMAMI is used to give plant-based meats the same flavor and aroma as animal-based meat, and is said to be bioidentical to the bovine heme protein found in beef. IngredientWerks will aim to produce Motif’s HEMAMI using broad-acre crops such as corn. If successful, Motif says enabling crop protein production in its ingredient strategy will lower both production costs and the carbon footprint …

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Organisations and Brands:HEMAMIIngredientWerksMotif FoodWorks
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