©Merit Functional Foods

Company News

Bunge Limited Makes $30M Capital Investment in Merit Functional Foods, Partnership to Expedite Completion of Plant-Based Protein Facility

Merit Functional Foods has announced its new partnership with ternational agribusiness and food company Bunge Limited. The collaboration will expedite the construction of Merit’s “state-of-the-art” plant-based protein production facility located in Winnipeg, Manitoba, Canada, where it will produce novel pea and canola protein ingredients.

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Food & Beverage

Dunkin’ Offers Vegan-Friendly Planet Oat Oatmilk Coast to Coast at All US Locations 

Dunkin’ now offers oat milk from coast-to-coast in the US. Actress and vegan foodie, Tabitha Brown, recently revealed Dunkin’s launch of Planet Oat’s vegan-friendly milk with a special Instagram post. The company’s partnership with Planet Oat makes it one of the first national quick-service restaurant brands to provide the oat-based beverage in 100% of its locations.

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Upfield growth strategy

© Upfield

Company News

Upfield Appoints New North American Operations Leaders as Part of Growth Strategy

Upfield North America, the leading producer of plant-based spreads in the US, plans to strengthen its foothold on the plant-based foods business by recruiting new operations leaders. The company has announced the recent appointments of Andy Reichgut as General Manager of Violife, Dan Bajor as President of Upfield Canada, and Jim Breach as Chief Operating Officer of Upfield U.S.

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Modern Meat

©Modern Meat

Studies & Numbers

New Report: Meat Industry Will Lose $20B in 2020, Is Threatened by Innovative Plant-Based Foods

CB Insights has recently produced a report outlining the disruption of the $2.7T global animal meat market. From new generations of people seeking sustainable and cruelty-free foods to major investors who are looking to modern science to find new ways of providing protein, animal meat is beginning to look outdated. While it is regrettably still the biggest sector in the protein industry, this has never before been so threatened.

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