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Investments & Finance

VegTech Invest Launches First Plant-based Innovation & Alternative Proteins Index

VegTech Invest, the firm behind the first Plant-based Innovation & Climate ETF (NYSE: EATV), is officially launching the VegTech™ Plant-based Innovation & Alternative Proteins Index. Calculated and distributed by Morningstar Indexes, the new index aims to lead and define a new global investment category.  According to VegTech, the index also serves as a benchmark for the emerging plant-based and alt-protein sector. It focuses on large, mid-, and small-cap companies that produce, among other innovations, consumer packaged goods, ingredients, biotechnology, and agtech using plant-derived or animal-free technologies. By offering these companies increased exposure, the index aims to attract greater investment toward a more eco-friendly, efficient and cruelty-free food supply chain.  “An underweighted sector”  Before listing its calculated index, VegTech first introduced a non-weighted tracking index, The …

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MorningStar Farms Incogmeato Line Up

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Food & Beverage

Kellogg’s Introduces Plant-Based “Incogmeato” Line to MorningStar Farms Portfolio

MorningStar Farms, a subsidiary of Kellogg’s, announced today that it will introduce a new addition to its plant-based portfolio, with the entry of Incogmeato. This new next-gen product line includes the company’s first ready-to-cook plant-based burger to be sold in the refrigerated meat case and frozen, plus plant-based Chik’n tenders and nuggets.

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Morningstar Farms Cheezeburger

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Company News

Kellogg’s Morningstar Line Goes Vegan

MorningStar Farms® ,a subsidiary of the Kellogg Company, which produces meat-free burgers and other chilled goods, has announced its commitment remove all egg whites from their currently vegetarian products, in order to convert the entire portfolio to 100% plant-based by 2021. MorningStar states that this conversion, including products available to 25,000 restaurants, schools, colleges and universities, and hospitals, will reduce the use of over 300 million egg whites annually.

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