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Vejii Holdings Signs Agreement with UNFI

Vejii Holdings Ltd. announced that as of July 15 it has entered into an agreement with United Natural Foods, Inc. (UNFI), the largest publicly traded grocery distributor in the United States and Canada.

Under the terms of the agreement the company expects to greatly improve overall margin based on a tiered discount structure. This agreement will improve reliability and consistency of supply to over 5000 products across 200 categories.

"The customer shopping experience is our number priority. Having a strong relationship with...

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Jul 30 12:28 PM, General News

Daring Brings Plant-Based Chicken To Whole Foods Market

Daring has announced its Original Pieces and Original Breaded Pieces are available for consumers to purchase in select Whole Foods Market locations across the U.S. starting August 2021. Daring's entry into Whole Foods Market is a significant retail growth moment for the brand, landing in the beloved retailer just 18 months after launching.

Daring will add to Whole Foods Market's renowned portfolio of premium ingredient products with its Original Pieces and Original Breaded Pieces, both available in...

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Jul 29 8:27 AM, General News

Zoglo's Incredible Food Corp. Announces 12 New Products into the Canadian Retail Market

Zoglo's Incredible Food Corp. announced the introduction of 12 new plant-based food products from its Incredible™ product line into the Canadian retail market. The new products are designed to provide customers with plant-based alternatives for existing consumer favourites such as shawarma, meatballs, chicken tenders and strips.

"We are very pleased to be expanding our product line in Canada and look forward to Zoglo's continuing to...

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Jul 29 8:26 AM, General News

Eat Beyond Portfolio Company Nabati Foods Patents New Plant-Based Liquid Egg

Eat Beyond Global Holdings Inc., an investment issuer focused on the global plant-based and alternative food sector, is announcing that its portfolio company Nabati Foods Global Inc. ("Nabati Foods") has patented its new plant-based liquid egg product, Nabati Plant Eggz, in Canada, the United States, and Australia, and is in the process of filing in Europe, and China as well.

The liquid egg alternative is made from lupin and pea protein to mimic the consistency and texture of conventional chicken eggs. Nabati Plant Eggz are designed to be an easy substitute for...

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Jul 28 10:48 AM, General News

Bunge Reports Second Quarter 2021 Results

Bunge Limited reported second quarter 2021 results.

• Q2 GAAP EPS of $2.37 vs. $3.47 in the prior year; $2.61 vs. $1.88 on an adjusted basis excluding certain gains/charges and mark-to-market timing differences
• Continued strong Agribusiness execution across the global network
• Outstanding Refined and Specialty Oils results driven by increasing demand and record refining capacity utilization
• Increasing full-year adjusted EPS outlook to at least...

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Jul 28 8:33 AM, General News

ADM Reports Record Second Quarter Earnings; Expects Momentum to Continue in Second Half

ADM reported financial results for the quarter ended June 30, 2021.

“It was yet another excellent quarter for ADM, as our team delivered record earnings, with strong year-over-year profit growth across all three business units”

“This is a very different ADM than even a few short years ago, and our transformation is far from...

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Jul 28 8:24 AM, General News

Sweet Earth Foods Debuts New Plant-Based Breakfast Bowls and Reformulated Deli Slices Nationwide

Plant-based foods innovator Sweet Earth Foods is announcing the nationwide launch of their new heat-and-eat Breakfast Bowls and reformulated, ready-to-eat Deli Slices. As consumers return to on-the-go busy lifestyles, these prepared meal and plant-based protein offerings provide quick plant-based solutions.

The three new Sweet Earth Breakfast Bowls meet this demand and are inspired by classic regional scrambles, all while offering between 17 - 20 grams of plant protein and three to five grams of fiber in every bowl. New flavors found in the frozen meals section include...

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Jul 28 8:23 AM, General News

Dr. Praeger’s Launches Four New Products Nationwide at Whole Foods Market

Dr. Praeger’s Sensible Foods announced the introduction of four new products to Whole Foods Market shelves nationwide.

Beginning in August, Whole Foods shoppers can find Dr. Praeger’s Cauliflower Veggie Burger, Perfect Burger, Original Chick’n Littles and Spinach Littles Value Pack on shelves at their local Whole Foods. These new products join an existing array of Dr. Praeger’s products that Whole Foods customers have been purchasing for years, including the California Veggie Burger, the brand’s #1 selling SKU at Whole Foods and the brand’s Perfect Sliders, introduced last year...

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Jul 28 8:23 AM, General News

ADM Fastens Growth of Global Alternative Protein Platform with Planned Acquisition of Sojaprotein

Global nutrition leader ADM announced that it has reached an agreement to acquire Sojaprotein, a leading European provider of non-GMO soy ingredients.

Established in 1977, Serbia-based Sojaprotein has sales into 65 countries, offering a wide array of non-GMO vegetable protein ingredients for an extensive list of European and global customers in the meat alternative, confectionary, protein bar, pharmaceutical, pet food, and animal feed segments. The company had more than...

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Jul 27 8:31 AM, General News

Taco Bell Unveils Latest Menu Round-up

After putting the finishing touches on its new streamlined menu to make room for new innovations, Taco Bell has unveiled its latest menu offerings that will be available nationwide or for testing in select markets.

Since Nacho Fries first launched in 2018, Taco Bell has reimagined the beloved menu item multiple times with innovations. This time, Nacho Fries will be joined by the new Loaded Taco Fries.

The latest fry innovation features...

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Jul 27 8:29 AM, General News

Urner Barry Releases July Emerging Plant Protein Report

According to the latest USDA WASDE, the outlook for 2021/22 U.S. rice this July is for slightly larger supplies along with lower domestic use, higher exports, and larger ending stocks. All rice production was reduced 2% to 199.3 million cwt. NASS reported that the severe drought in California reduced medium and short grain area. The all rice yield was also lowered based on...

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Jul 22 8:26 AM, Plant Protein

Atlantic Natural Foods Launches Plant Based Foods for Foodservice Operators

Atlantic Natural Foods, the leading shelf-stable manufacturer of Loma Linda® brand foods, announced the introduction of its plant based offering for foodservice operators. Called Modern Menu by Loma Linda, the new foodservice line features a complete assortment of industrial-size, meatless meal options, including the company's award-winning Chili, Taco Filling, Sloppy Joe, Southwest Bowl and TUNOTM, which can be used in a variety of foodservice applications. Providing quick prepare-and-serve convenience, Modern Menu products are available at an affordable cost, substantially lower than comparable proteins.

"Today's value-driven consumers continue to seek sustainability on restaurant menus," said J. Douglas Hines, founder and chairman of Atlantic Natural Foods. "Based on...

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Jul 22 8:25 AM, General News

OZO Expands Line of Plant-Based Proteins in Frozen and Fresh Aisle

Colorado-based Planterra Foods is expanding its portfolio of plant-based products in the fresh and frozen category by launching a variety of new items for families to have more options of convenient plant-based meals at home. Available now, consumers can add the OZO™ Frozen Nuggets (10.6 oz), plant-based Chicken Patties (4, 2.5 oz patties), and Italian Style Meatballs (12-1 oz meatballs) as well as fresh Smokehouse Burgers (2-4 oz patties) and plant-based Ground Turkey (12 oz) to their plant-based rotation of OZO™ meals.

These new OZO™ products offer a spin on plant-based proteins in the categories of chicken, turkey and beef, with bold flavors for delicious meat-free possibilities stored...

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Jul 21 10:36 AM, General News

Jul 21 8:18 AM, Urner Barry

VIDEO: Morning Market Roundup July 20

Urner Barry's reporters discuss the UK Beef Complex, Boxed Beef, and Vital Wheat Gluten.

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Field Roast Expands Club Store Distribution with Plant-Based Chicken Nugget Debut at Costco

Greenleaf Foods, SPC, owner of leading plant-based brands Lightlife and Field Roast, announced that its Field Roast Plant-Based Nuggets are now available at more than 50 Costco locations in the Los Angeles region, marking the first time the product will be sold at any Costco store in the United States.

“We’re excited about Field Roast’s continued growth with Costco and the opportunity to make delicious plant-based food more accessible to home chefs everywhere,” said Dan Curtin, President of Greenleaf Foods, SPC. “The Field Roast Plant-Based Nugget is the only plant-based chicken nugget alternative available at Costco LA.”

Field Roast first introduced its Plant-Based Nuggets to conventional retailers in January 2020 and has since...

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Jul 21 8:16 AM, General News

Urner Barry Releases July Soy & Wheat Protein Report

Average all-wheat prices increased $0.42/bu from April while average soybean prices increased as well by $0.90/bu. July front month futures decreased from May’s rates. CBOT wheat front month futures reached $6.28/bu in July, a decrease of $0.39 from June. Also, CBOT soybeans totaled...

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Jul 16 7:41 AM, Plant Protein

Little Caesars to Offer Plant-based Pepperoni 

Little Caesars is launching the Planteroni Pizza, made with the new Field Roast Plant-Based Pepperoni, to many of its stores across the United States.

The new pizza option will be available at Little Caesars locations in the cities and suburbs of Los Angeles, New York City, Miami, San Francisco, Portland, Oregon, and the chain’s hometown of Detroit. Customers can choose from a regular Planteroni™ Pizza for $8.49, a Slices-N-Sticks product consisting of half Planteroni™ Pizza and half cheesy breadsticks for $8, or add Field Roast™ Plant-Based Pepperoni as a topping on any custom pizza...

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Jul 14 8:20 AM, General News

Baja Fresh Adds Impossible Foods to Menus Nationwide

Baja Fresh Mexican Grill, the fast-casual Mexican food chain, is launching three new menu options featuring Impossible™ meat made from plants. The lineup of Impossible™ dishes will be available at participating stores nationwide.

The three Impossible™ varieties include:

  • Impossible™ Taco Combo – three tacos with...
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Jul 14 8:19 AM, General News

Planterra Foods Accelerates Plant-Based Food Technologies with MycoTechnology Agreement

Planterra Foods, an innovative plant-based protein start-up company based in Colorado, announced a Master Collaboration Agreement with MycoTechnology, a food ingredient company focused on moving food forward by infusing human ingenuity with the intelligence of nature. The agreement was designed to strengthen the ingredient partnership between the two Colorado-based companies as they plan to accelerate development technologies to improve the quality of plant-based proteins.

Over the past year, Planterra's brand of OZO™ plant-based products have been made with MycoTechnology's pea and rice protein fermented by...

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Jul 13 8:20 AM, General News

Maple Leaf Foods Releases 2020 Sustainability Report

Maple Leaf Foods, a leading North American producer of high-quality, sustainable meat and plant-based proteins, announced the release of its 2020 Sustainability Report, highlighting the company's key initiatives, milestones and accomplishments in 2020 on its journey to become the most sustainable protein company on earth.

Throughout the challenges of 2020, Maple Leaf Foods remained committed to leading in sustainability, born out of a recognition of the enormous and essential role that the protein industry plays in nourishing billions of people, and the resources required to create nutrient-dense foods. While prioritizing the health and safety of its employees and the stability of its food supply, the company championed a more...

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Jul 9 8:36 AM, General News

Beyond Meat Launches Beyond Chicken Tenders at Restaurants Nationwide

Beyond Meat, a leader in plant-based meat, launched its new, awarding-winning Beyond Chicken® Tenders. Crafted to look, cook and taste like traditional chicken tenders, the plant-based Beyond Chicken Tenders are breaded for a crispy outside and tender bite. Starting today, consumers can find the latest product from Beyond Meat at select restaurants across the country.

Consumer demand for chicken is continuing to skyrocket. As restaurants are rebounding while struggling to meet soaring consumer demand, Beyond Meat is offering a plant-based option for...

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Jul 8 10:17 AM, General News

Mycelium-based Meats Developer Meati Foods Secures New Funding 

Meati Foods, a Public Benefit Corporation leading the fast-paced emergence of a new category of clean, whole-cut alternative meats announced the closing of its $50 million Series B – a major source of momentum that will further expedite Meati's efforts to scale production capacity and launch their products at a national scale next year.

The significantly oversubscribed round was co-led by new investor BOND and long-time Meati investor Acre Venture Partners. They were joined by other existing investors, including...

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Jul 8 8:40 AM, General News

Urner Barry Releases July Pulse Protein Report

On July 1, the USDA reported an average $33.00/cwt for U.S. #1 garbanzo beans compared to $30.00/cwt at the end of May. This represents a month-over-month decrease of $3.00/cwt. U.S. whole green peas averaged $13.33/cwt as of late June, an increase of $2.83/cwt as of end-May. Prices for North American yellow peas have started to increase, with the USDA reporting an increase of $2.50/cwt from early June, totaling $17.50/cwt.

While the pandemic has had a negative impact on the foodservice industry and there were...

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Jul 8 8:26 AM, Plant Protein

Awareness and Retention Rate for Plant-Based Protein on the Rise in China

According to China Plant-based Protein Topical Report from The NPD Group, plant-based proteins are gaining acceptance in China as Chinese consumers seek more protein in their diets, and plant-based foods become more available and appealing. Although plant-based protein currently has a small serving share compared to meat proteins in China, awareness has reached 90%; and the retention rate for plant-based proteins is on the rise, increasing from 53% in October 2020, to 68% in January 2021.

“There is no doubt that consumers in China view plant-based proteins as healthier alternatives to traditional meat protein,” said Gimantha Jayasinghe, Senior Vice President of APAC Foodservice at The NPD Group. “Though these products have a long way to go in terms of...

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Jul 8 8:23 AM, General News

Grubhub Releases Third Annual State of the Plate Report

As we approach a new normal and restaurants reopen, there's a lot to look forward to for the rest of the year. Before looking ahead, let's rewind to see how diners ate their way through the last six months. Grubhub, part of leading global online food delivery marketplace Just Eat, launched the third annual "State of the Plate" report. Looking at trends from hundreds of thousands average daily orders, Grubhub's mid-year report checks in on what has shaped 2021 thus far, including the top trending foods, popular restaurants across the country, and what we can expect to see more of in the second half of the year.

Unlike 2020, diners opted for the plant-based versions of delivery classics so far in 2021. And while last year's top food, the wildly popular...

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Jul 2 3:10 PM, General News

PLANT PROTEIN: Get to Know Players in the Plant Protein Market: Atlast Food

Stephen Lomnes, a very “fun-gi” and President of Atlast Food, said, “We are scaling up very fast to “meat” the tremendous demand we’re seeing from our products.” Atlast Food was founded in 2020 and is a spin-off of Ecovative, a leader in the mycelium-based biomaterials sector. After successfully procuring $40 million in their latest round of investment seeking, Atlast is certainly making the most out of mushrooms. That is where MyBacon comes in.

“We believe that nature has already created the best plant-based meats with gourmet, exotic mushrooms that have been growing in the wild for thousands of years. However, these particular exotic mushrooms that mimic the taste and texture of meat are often hard to find, only grow during...

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Jul 1 12:44 PM, Plant Protein

The Fried Chickin' Sandwich Goes Plant-Based this Summer at Veggie Grill

Veggie Grill has launched its Crispy Buffalo Chickin' Sandwich for a limited time only. From June 30 – July 27, guests can grab this classic crispy treat with all of the flavor and none of the meat. The sandwich features Crispy Chickin' topped with creamy ranch, buffalo sauce, pickles, lettuce and tomato, all layered between a warm toasted brioche bun.

"We believe our plant-based Crispy Buffalo Chickin' Sandwich rivals any other fried chicken sandwich offered on the market," said T.K. Pillan, founder and executive chairman, Veggie Grill. "All our menu items...

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Jul 1 8:14 AM, General News

Jun 30 8:20 AM, Urner Barry

VIDEO: Morning Market Roundup June 29

Urner Barry's reporters discuss hog slaughter, boxed beef cutout, and plant proteins for the grill.

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Conagra Brands Launches Extensive Summer Line-up of New Product Innovation

Conagra Brands is kicking off summer with additions to the company's portfolio. From meals and sides to new plant-based offerings, Conagra's latest foods deliver great taste, convenience, and value.

A Fresh Look at Frozen

Conagra offers a collection of brands within single-serve frozen meals, with new dishes coming from Healthy Choice®, Banquet®, Marie Callender's ® and...

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Jun 30 8:17 AM, General News

DoorDash and Beyond Meat Introduce Limited Edition Summer Grilling Kits for On-Demand Delivery

DoorDash announced a partnership with Beyond Meat, a leader in plant-based meat, to offer limited-edition, July 4th grilling kits to help customers host the ultimate BBQ featuring the new Beyond Burger®. The kits are available exclusively on DoorDash for on-demand delivery from DashMart, a new type of convenience store owned, operated, and curated by DoorDash.

As many people prepare for a summer of grilling and gathering, the kit also provides a seamless way for consumers to get their grilling essentials without taking a last-minute trip to the grocery store. According to a national consumer survey that polled 1,000 U.S. adults...

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Jun 29 8:17 AM, General News

General Assembly Pizza and Impossible Foods Kick Off Relationship with Impossible Pizza Launch

General Assembly Holdings Limited launches the new Impossible Pizza. The naturally leavened pie features a New York-inspired flavour profile and fennel-spiced Impossible™ product, made from plants. The collaboration marks Canada’s first wood-fired Impossible Pizza experience and kicks off a multi-channel brand relationship. The Impossible Pizza will be available to Torontonians at GA Pizza’s waterfront patio location—a summer-long satellite restaurant at Harbourfront Centre’s The Slip.

Khaleed Juma, GA Pizza’s Chief Marketing Officer, is ecstatic about the synergy between the brands, and says: “The relationship between GA Pizza and Impossible Foods paves the way for a new wave of menu innovation. Our Pizza People are hungry for flexitarian options that don’t sacrifice quality, nutrition, and most importantly...

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Jun 28 8:36 AM, General News

Livekindly Collective Launches in China with Two New Brands

Livekindly Collective, a collection of brands on track to become one of the world’s largest plant-based food companies, announced its launch in China with two new flagship brands, Giggling Pig and Happy Chicken. Both have been developed and manufactured locally to cater to Chinese consumer tastes and are the first brands created in-house by Livekindly Collective.

The two new brands cover a portfolio of seven innovative plant-based products based on beloved Chinese dishes, including...

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Jun 28 8:35 AM, General News

Wendy's Introduces New Spicy Black Bean Burger

Wendy's is spicing up its Made to Crave premium sandwich line with the addition of a new plant-based sandwich, the Spicy Black Bean Burger. Beginning June 28, consumers in Columbus, Pittsburgh and Jacksonville can purchase a Spicy Black Bean Burger bite while supplies last.

"Our Made to Crave menu is a destination for customers seeking bold ingredients and flavor innovation," said Carl Loredo, U.S. Chief Marketing Officer for The Wendy's Company. "With that spirit, we're bringing forward an incredibly tasty Spicy Black Bean Burger to this line-up in three select markets. Consumers are demanding plant-based sandwiches, and...

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Jun 28 8:35 AM, General News

Taco Bell Tests a Naked Chalupa With a Plant-Based Shell

The introduction of the Naked Chicken Chalupa at Taco Bell changed the fried chicken game. Now, Taco Bell is looking to reinvent its own game-changing invention in the chicken wars by testing a plant-based shell alternative. Meet the Naked Chalupa with a Crispy Plant-Based Shell, a new menu innovation for vegetarian and veggie-curious consumers.

This latest shell innovation challenges the status quo of what vegetarian mashups look and taste like. Thanks to the masterminds of the Taco Bell Test Kitchen, the newest specialty is made from a pea protein-based proprietary blend that's breaded, shaped into the unique Chalupa form and then crisped to order. The shell is certified vegan by the American Vegetarian Association and proves...

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Jun 24 8:28 AM, General News

Urner Barry Releases June Emerging Plant Protein Report

According to the latest USDA WASDE, the outlook for 2021/22 U.S. rice this June is for smaller supplies along with unchanged domestic use and exports, and reduced ending stocks. The 2021/22 U.S. rice crop remains projected at 203.6 million cwt, down about 11% from a year ago, but well above...

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Jun 24 8:28 AM, Plant Protein

Lightlife and Field Roast Team Up with Boston Pizza to Offer Plant-based Options 

Greenleaf Foods, SPC, owner of leading plant-based brands Lightlife® and Field Roast™, and Boston Pizza, a casual dining restaurant in Canada, together are kicking off the outdoor dining season with two new menu items made with plant-based protein. Available now through Labor Day, the restaurant will offer a Lightlife Plant-Based Burger and a pizza featuring Field Roast Plant-Based Italian Sausage Crumbles.

We believe people should have great-tasting plant-based options whether they’re cooking at home or eating out,” said Dan Curtin, President of Greenleaf Foods. “Boston Pizza is celebrated for...

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Jun 23 8:26 AM, General News

Tyson Foods' Raised and Rooted Launches New Plant-based Bites 

Raised & Rooted™ brand, Tyson Foods’ brand of plant protein products, is launching new Plant Based Bites. The snackable bites meet the growing demand and desire for plant-based products with delicious taste and fan favorite flavors.

Available in Buffalo and Sweet Barbecue varieties, the bites are made with 100% plant-based protein, have 8g of protein per serving, and 3g of fiber.

“Our new plant-based bites deliver the taste that will wow taste-buds in a better-for-you alternative,” said David Ervin, vice president of marketing, Raised & Rooted. “We are excited to continue to...

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Jun 22 8:24 AM, General News

Cuisine Solutions Issues Voluntary Recall of Flavored Plant-Based Bites

Cuisine Solutions is initiating a voluntary recall of its JUST Egg flavored plant-based "bites" products due to undeclared allergens. A limited number of 2-pouch retail packages may contain an incorrect sealed pouch containing whole-egg and milk products. The interior plastic pouches are properly labeled to distinguish the products. People who have an allergy or severe sensitivity to milk or eggs run the risk of...

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Jun 21 11:45 AM, General News

Eat Beyond Portfolio Company Plant Power Raises $7.5 Million

Eat Beyond Global Holdings Inc., an investment issuer focused on the global plant-based and alternative food sector, announced that its portfolio company, The Plant Power Restaurant Group, parent company of Plant Power Fast Food ("Plant Power"), recently secured a $7.5 million Series A financing round. California-based Plant Power is a quick service restaurant ("QSR") brand offering a comprehensive plant-based menu with meals that are served in biodegradable packaging.

This is thought to be the largest ever financing round for a plant-based fast-food franchise. The new capital will enable Plant Power to open seven more vegan restaurants in the United States including...

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Jun 18 8:28 AM, General News

Livekindly Collective Appoints Malik Sadiq as Chief Operating Officer

Livekindly Collective, a collection of heritage and scale-up brands on track to become one of the world’s largest plant-based food companies, today announced the appointment of Malik Sadiq as Chief Operating Officer.

He joins Livekindly Collective from Tyson Foods, the world's second largest processor and marketer of chicken, beef and pork, where he held several leadership roles since 2006. His tenure spanned across international operations, corporate strategy and business development and included the Chief Operating Officer role for China and the Chief Executive Officer role for India. Sadiq most recently served as Senior Vice President, Global Sourcing and Business Optimization, driving the growth strategy for the international business. At Livekindly Collective, he will oversee...

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Jun 18 8:28 AM, General News

Urner Barry Releases June Soy & Wheat Protein Report

Average all-wheat prices increased $0.18/bu from March while average soybean prices increased as well by $0.70/bu. June front
month futures decreased from May’s rates. CBOT wheat front month futures reached $6.83/bu in June, a slight decrease of $0.27
from May. Also, CBOT soybeans totaled $15.47/bu in June, representing a decline of $0.25/bu from the month prior...

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Jun 17 8:26 AM, Plant Protein

Alpha Foods Announces First Chief Marketing Officer Kierstin De West

Alpha Foods (Alpha), a leader in the growing plant-based protein category, announces the hiring of its first Chief Marketing Officer, Kierstin De West. Bringing unmatched experience from her past role as VP of Global Brand Management at lululemon, De West will lead Alpha through upcoming stages of rapid scale and overall expansion. In the past three years, Alpha has burst onto the scene, recording 100 percent year-over-year growth. By the end of 2021, Alpha will be available in over 10,000 retail locations.

"What drew me to Alpha was the company's mission to build a better world, which is the same north star that has guided my career for the past twenty years," said Kierstin De West, Chief Marketing Officer at Alpha. "I've always been clear in my aspiration to align with...

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Jun 16 8:31 AM, General News

OmniFoods Launches Plant-based Seafood Line After Alternative Pork Success

OmniFoods celebrated World Oceans Day on June 8 by releasing its OmniSeafood line, a range of plant-based seafood options featuring the Omni Classic Fillet, Omni Golden Fillet and Omni Ocean Burger, OmniTuna and the expected launch of OmniSalmon.

The company’s plant-based seafood options come after a successful launch of its OmniPork line. However, the company noted that due to the  various textures, tastes and applications of seafood, its new line of products “presents a brand-new experience of high-quality plant-based fish with high culinary versatility...

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Jun 11 10:16 AM, SeafoodNews

Plant-Based Protein Shipments to U.S. Restaurants and Foodservice Outlets Grew by 60% in April

As pandemic-related restaurant restrictions lift across the U.S., chefs and foodservice operators are refreshing their menu offerings and recipes. Plant-based proteins are one of the food categories they’re using to help update, reports The NPD Group. Shipments of plant-based proteins from foodservice distributors to commercial restaurants increased by +60% in April 2021 compared to the same month a year ago, when the category realized declines because of pandemic restrictions.

Shipments are up +16% compared to April 2019, according to NPD’s SupplyTrack®, which tracks every product shipped from leading distributors to more than...

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Jun 11 8:23 AM, General News

Urner Barry Releases June Pulse Protein Report

On June 1, the USDA reported an average $33.00/cwt for U.S. #1 garbanzo beans compared to $30.00/cwt at the end of May. This represents a month-over-month decrease of $3.00/cwt. U.S. whole green peas averaged $11.00/cwt as of early June, a slight...

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Jun 10 8:32 AM, Plant Protein

Livekindly Collective Expands Its Brand Portfolio with the Acquisition of The Dutch Weed Burger

LIVEKINDLY Collective, a collection of heritage and scale-up brands on track to become one of the world’s largest plant-based food companies, announced an agreement to acquire The Dutch Weed Burger, an Amsterdam-based, brand that uses seaweed as its hero ingredient.

By adding The Dutch Weed Burger to LIVEKINDLY Collective, the company expands its plant-based portfolio with seaweed, a high-quality source of protein. Additionally, this proposed acquisition will help the company scale internationally in the UK and Nordics, two key markets in Europe, as well as...

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Jun 9 8:23 AM, General News

Beyond Meat Announces New Executive Leadership Appointments 

Beyond Meat announced the appointments of Phil Hardin as Chief Financial Officer, Deanna Jurgens as Chief Growth Officer and Margaret “Jackie” Trask as Chief People Officer. These seasoned veterans bring extensive experience to the Beyond Meat executive leadership team to support the company's continued growth and innovation-focused culture.

“We are excited to welcome Phil, Deanna and Jackie to the Beyond Meat executive leadership team,” said Ethan Brown, President and Chief Executive Officer, Beyond Meat. “In each case, we conducted extensive searches to identify best-in-class talent and I could not be more pleased with the outcome. Whether Deanna's highly successful customer-focused leadership at PepsiCo, Jackie's impressive track record of building teams and...

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Jun 7 8:27 AM, General News

Field Roast Signature Stadium Dog Becomes First Official Plant-Based Dodger Dog of the LA Dodgers

Greenleaf Foods, SPC, owner of leading plant-based brand Field Roast™ ("Field Roast"), announced a multi-year partnership with the Los Angeles Dodgers to feature the new, groundbreaking Field Roast Signature Stadium Dog as the Official Plant-Based Dodger Dog.

The Field Roast Signature Stadium Dog is the first plant-based hot dog to be recognized by the LA Dodgers with this designation. Fans can purchase and enjoy the Plant-Based Dodger Dog at select concession stands and in the suites at Dodger Stadium. The Plant-Based Dodger Dog will feature...

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Jun 4 8:26 AM, General News

Tyson Foods Debuts New Plant-Based Products, First Pride Brand in Asia Pacific

Tyson Foods is launching a new line of plant-based products in select retail markets and e-Commerce across Asia Pacific under the brand, First Pride™.

This is the first time the company has introduced plant-based products in Asia, as it works to make protein more accessible and affordable for more people around the world. Tyson Foods is initially launching the products in Malaysia and will roll them out to other markets in the region in the coming months.

Plant-based options have seen a rise in popularity across the region in recent years and have further accelerated during...

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Jun 3 8:19 AM, General News

Beyond Meat Introduces First-ever Value 6-Pack of Beyond Burger Across Canada

Beyond Meat announced the launch of the first-ever value 6-pack of its iconic Beyond Burger® in Canada. Major grocery stores across Canada now carry the 6-pack of plant-based burger patties, which are frozen and perfect for summer cookouts, backyard BBQs and last-minute grill nights.

The new 6-pack offers taste along with added convenience and value for shoppers since they are sold in the frozen meat aisle with a suggested retail price of...

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May 28 8:28 AM, General News

PLANT PROTEIN: Get to Know Players in the Plant Protein Market: Before the Butcher

“I don’t perceive things as being hard, I see them as being a challenge that I can overcome,” says Danny O’Malley, founder and CEO of Before the Butcher, a plant-based 2017 startup out of California.

Today, the company’s extensive lineup of plant-based grounds, burgers, chunks, tips, and shreds are a slam dunk with consumers, but Before the Butcher is just getting started.

From the jump, Danny O’Malley knew he wanted the products he produced to be delicious, nutritious, non-GMO, gluten-free, and accessibly priced. In less than half a year... 

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May 27 11:55 AM, Urner Barry

Instacart Releases Plant Power Trends Report Examining the Consumer Migration to Plant-Based Items

Instacart released its "Plant Power" report, a new data-driven examination of the mainstream consumer migration to plant-based alternatives. According to Instacart sales data, one in three Instacart customers has purchased a plant-based meat or milk product. Further, according to a recent Instacart survey conducted by The Harris Poll, when asked about the grocery and food habits adopted during the COVID-19 pandemic that they'll keep for the long term, 30% of survey respondents said they plan to continue eating healthier by preparing lighter, plant-based meals.

"Plant-based food has grown from a niche category into a grocery staple over the past two years," cites Laurentia Romaniuk, Instacart's Trends Expert and Senior Product Manager. "Searches for terms like...

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May 27 8:28 AM, General News

Plant-Based Fast Food Chain Completes $7.5 Million Series A Raise

Plant Power Fast Food has completed its $7.5 million Series A capital raise led by Helia Capital USA, Inc. (a subsidiary of Fusion Ventures), Eat Beyond Global Holdings and Batta Foods with additional funding from Aileen Getty.

Co-founder and co-CEO Zach Vouga said that the funds will be used by the plant-based fast-food restaurant chain to continue to execute its expansion plans with a focus on new corporate unit development. Vouga also spoke about finding the right investment partners...

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May 27 8:27 AM, General News

Whole Foods Market Releases First-Ever Plant-Based Trend Predictions

Whole Foods Market revealed its first-ever plant-based trend predictions, with nut-based cheese alternatives, banana blossoms and creamy cashew dips topping the list. Looking ahead to summer and beyond, the grocer’s Trends Council pooled members’ industry knowledge, product-sourcing expertise and hands-on work with emerging and existing plant-forward brands to inform the predictions.

The choice to highlight plant-based predictions comes at a time when shoppers are focusing on eating more plants. According to a recent study by The Hartman Group, nearly half (48%) of consumers look for products labeled as...

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May 26 9:43 AM, General News

Eat Beyond Portfolio Company Nabati Foods Builds New Facility

Eat Beyond Global Holdings, an investment issuer focused on the global plant-based and alternative food sector, is announcing that its portfolio company Nabati Foods Global recently completed construction of a new manufacturing facility in Edmonton, Alberta. The building is roughly five times larger than the original pilot plant.

Nabati Foods offers whole, natural, plant-based, foods including dairy-free cheesecakes, cheese alternatives, and plant-based meats. Its products are compatible with most dietary restrictions or preferences and are free of all common allergens. The products are non-GMO and contain no refined sugars, dairy, eggs, gluten, or soy.

"With this new facility, Nabati Foods is now capable of producing...

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May 25 9:33 AM, General News

Urner Barry Releases May Emerging Plant Protein Report

This month, the USDA released its first World Agricultural Supply and Demand Estimates (WASDE) projections for the 2021/22 U.S. rice balance sheet and for the global rice market. For the United States, production is projected at 203.6 million cwt, down almost 11% from a year ago, a result of smaller plantings. However, that projection is still well above the 2019/20 rice crop. The 24 million cwt decline is the result of...

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May 20 8:33 AM, Urner Barry

Lightlife Introduces Two New Fresh Plant-based Chicken Products

Lightlife, owned by Greenleaf Foods, SPC, announced two first-of-its-kind plant-based products: Plant-Based Chicken Tenders and Plant-Based Chicken Fillets. These items are fresh, breaded plant-based chicken products that are available in the market.

“Lightlife is relentless in our pursuit of plant-based perfection,” said Jitendra Sagili, Chief R&D and Food Technology Officer at Greenleaf Foods. “Breakthrough innovation in plant-based chicken that offers the texture, color and breading consumers expect is challenging, but I’m proud of how these products deliver against consumer expectations. They are truly the most chicken-like products in the plant-based category today.”

The new items will begin rolling onto shelves at Sprouts Farmers Market locations this month, with...

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May 19 8:26 AM, General News

Sweet Earth Foods Launches New Plant-Based Products for Grilling Season 

Plant-based foods innovator Sweet Earth Foods is announcing the release of their first ever Vegan Jumbo Hot Dogs and the reformulation of the Sweet Earth Awesome Burger 2.0 just in time for the kick off of grilling season.

The new Vegan Jumbo Hot Dogs are available now at select Ahold grocery stores in the U.S., including FreshDirect, with greater availability at Kroger stores in August. The new Awesome Burger 2.0 will be available nationally this summer at Target, Whole Foods, H-E-B, Sprouts, Amazon Fresh, and more...

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May 19 8:26 AM, General News

Pizza Hut Canada Partners with Beyond Meat to Launch Beyond Italian Sausage

Beyond Meat and Pizza Hut announced an expansion of their global partnership to bring new plant-based protein menu items to Canada. Beginning today, fans in the west end of the GTA (Mississauga, Etobicoke, Milton and Oakville) and Edmonton can order three new offerings featuring Beyond Italian Sausage™ Crumble. The new Beyond Meat topping is exclusive to Pizza Hut and available on or through the Pizza Hut app for contactless delivery or pick-up.

The delicious new menu items include...

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May 18 8:29 AM, General News

Urner Barry Releases May Soy & Wheat Protein Report

In March, farmers experienced a decline in prices for their soybean and all-wheat crops. Average all-wheat prices decreased $0.97/bu from February while average soybean prices declined $4.23/bu. May front month futures increased from April’s rates. CBOT wheat front month futures reached...

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May 13 2:53 PM, Plant Protein

Beyond Meat Expands Presence at Walmart with Beyond Meatballs and Summer Grilling Pop-ups

Beyond Meat, a leader in plant-based meat, announced its second expansion of product offerings this year at Walmart. This June, Beyond Meatballs™ will be available for the first time at 2,100 Walmart stores in which Beyond Meat products are already sold across the country. This rollout is the second major Beyond Meat expansion at Walmart in 2021, following the launch of Beyond Sausage® Hot Italian and Cookout Classic™ in stores earlier this year.

As demand for plant-based meat options continues to grow, Beyond Meat has increased retail momentum across the U.S., Europe, Australia and other global markets in an effort to increase worldwide accessibility to delicious plant-based meat products made without GMOs. As the key summer grilling season kicks off, consumers have continued to...

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May 13 8:32 AM, General News

Jennie-O Turkey Store Announces Launch of Jennie-O Turkey Burger Blends

Jennie-O Turkey Store announced the launch of a new product called Jennie-O® turkey burger blends. Made from a combination of white meat turkey, black beans, whole grain rice and pepitas, these carefully selected and nutritious ingredients offer consumers the combined benefits of lean, meat-based and plant-forward protein (15g) and fiber (5g) in one tasty turkey burger.

"We know that people are becoming increasingly interested in adding more plant-focused...

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May 13 8:31 AM, General News

Alpha Foods Introduces Plant-based Breakfast Sandwiches and Burritos

As post-pandemic life becomes more of a reality across America and the demand for on-the-go meals increases, Alpha Foods is elevating breakfast with the launch of five new Plant-Based Breakfast Sandwiches and Plant-Based Breakfast Burritos. The new lineup includes: Alpha® Meatless Sausage, Plant Egg & Cheeze Breakfast Sandwich, Alpha® Spicy Chorizo, Plant Egg & Cheeze Breakfast Sandwich, Alpha® Protein Supreme Breakfast Burrito, Alpha® Bac'n Scramble Breakfast Burrito and Alpha® Rockin' Ranchero Breakfast Burrito - all of which come filled with meatless protein, dairy-free cheese, and plant-based eggs. The new breakfast items will hit the frozen aisle of grocery stores nationwide this June.

As the world settles into the new normal and new routines, Alpha Foods developed this breakfast line with more vital iron and fiber than many other breakfast brands for...

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May 13 8:31 AM, General News

ADM to Build New Soy Crushing Facility in North Dakota

ADM announced its plan to build North Dakota’s first-ever dedicated soybean crushing plant and refinery to meet fast-growing demand from food, feed, industrial and biofuel customers, including producers of renewable diesel.

Based in Spiritwood, ND, the approximately $350 million crush and refining complex will feature state-of-the-art automation technology and have the capacity to process 150,000 bushels of soybeans per day. Strategically located in a major soybean producing area, ADM’s global logistics network will enable the facility to access...

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May 11 9:07 AM, General News

Beyond Meat Reports First Quarter 2021 Financial Results 

Beyond Meat, a leader in plant-based meat, reported financial results for its first quarter ended April 3, 2021.

First Quarter 2021 Financial Highlights

  • Net revenues were $108.2 million, an increase of 11.4% year-over-year.
  • Gross profit was $32.7 million, or gross margin of 30.2% of net revenues.
  • Net loss was $27.3 million, or $0.43 per common share; Adjusted net loss was $26.2 million, or $0.42 per common share, reflecting...
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May 10 8:25 AM, General News

Impossible Foods Secures Child Nutrition Label for Impossible Burger

Impossible Foods announced that it has secured Child Nutrition Labels (CN Labels) for its Impossible Burger products, clearing a hurdle towards widely entering the K-12 market in fall 2021.

Child Nutrition (CN) Labels are voluntary food crediting statements authorized by the USDA that make it easier for schools participating in federal Child Nutrition Programs, including the National School Lunch Program and School Breakfast Program, to determine how much a particular food contributes to federal meal pattern requirements for nutritionally balanced meals for children each school day.

The program is run by the USDA's Food and Nutrition Services (FNS), which must evaluate a product's formulation to determine how much it contributes to...

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May 7 8:29 AM, General News

Save the Date for Urner Barry's Global Protein Summit 

After a year without in-person networking and educational events, we are excited to announce the return of Urner Barry's Global Protein Summit live in Chicago!

Once again you can create new business connections, gain valuable perspectives on the protein markets, and learn from some of the top minds in the industry.

The Global Protein Summit will take place November 1st-3rd at The Drake Hotel in Chicago, Illinois...

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May 7 8:29 AM, Urner Barry

Urner Barry Releases May Pulse Protein Report

On April 29, the USDA reported an average $30.00/cwt for U.S. #1 garbanzo beans compared to $28.00/cwt at the end of March. This represents a month-over-month increase of $2.00/cwt. North American green peas experienced a decrease from early April rates, and are now steady with prices seen in mid and late March. U.S. whole green peas averaged $10.50/cwt as of the end of April, a slight decrease of $0.50/cwt from mid-April rates. Purchases of North American yellow peas for animal feed in China have...

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May 6 8:28 AM, Plant Protein

Lightlife Transforms Plant-Based Portfolio

Lightlife, owned by Greenleaf Foods, SPC, has transformed its portfolio of products to meet high consumer demand for plant-based food that’s made with simple, recognizable ingredients. In just over one year, the brand has heavily invested to completely overhaul 19 of its plant-based products, removing ingredients like carrageenan, eggs, and maltodextrin.

Notably, Lightlife removed carrageenan from its Smart Dogs, which is America’s #1 selling plant-based hot dog. In the final round of consumer tests, adults and kids overwhelmingly preferred the flavors, texture, and overall experience of the new Smart Dog when compared to...

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May 6 8:27 AM, General News

Maple Leaf Foods Reports First Quarter 2021 Financial Results

Maple Leaf Foods reported its financial results for the first quarter ended March 31, 2021.

"Maple Leaf remains committed to delivering shared value, and to building an enduring company, with a vision to be the most sustainable protein company on earth," said Michael H. McCain, President and CEO. "We continue to deliver on our commitments. As we cross the one-year mark of the COVID-19 pandemic, I continue to be inspired by our dedicated front-line team members who come into work each day to produce the food we all need to stay healthy. Our number one priority is to keep our people healthy during this global crisis, and beyond. At the same time, we are delivering on our financial commitments, including both significant revenue growth and margin expansion in...

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May 5 9:46 AM, General News

Raised & Rooted Brand Launches New Products Bringing Plant-Based Options to Grills this Summer

Raised & Rooted brand, Tyson Foods’ brand of plant protein products, is expanding its offerings with three new products to meet the increased demand for plant-based protein options. The new plant-based burger patties, Bratwurst and Italian sausages, and ground are available in the refrigerated section of grocery stores nationally.

“Our products are plants made meatier, and deliver the same delicious flavors, in a better-for-you alternative,” said David Ervin, vice president of marketing, Raised & Rooted. “We are excited to...

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May 5 8:26 AM, General News

PLANT PROTEIN: Get to Know Players in the Plant Protein Market: The Better Meat Company

“Of course people like eating burgers, people like eating meat! We want to give people that same experience, just with a far more diversified portfolio of proteins. Whether that means it’s a blended burger, a plant-based burger, or a burger made from microbial proteins, we want to give people the experience of eating meat that people want, but with a much smaller footprint on the planet.” said Paul Shapiro, The Better Meat Company’s CEO, TEDx speaker, bestselling author, podcast host, plant-based fish stick enjoyer, and animal lover.

With just three growth packed years in the industry and 16 employees, The Better Meat Company provides high quality plant protein formulations to major food companies for use in both blended meat-plant hybrid products and traditional plant-based foods...

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Apr 29 8:26 AM, Urner Barry

Impossible Foods Launches in Lidl’s U.S. Stores

Starting this week, Impossible Foods’ flagship product is rolling out at Lidl’s 145 locations across the United States, as both companies continue major expansion efforts in recent years. Lidl will be the largest discount grocer to offer Impossible Foods’ products.

The award-winning Impossible Burger is being introduced into Lidl stores this week across Delaware, Georgia, Maryland, New Jersey, New York, North Carolina, Pennsylvania, South Carolina and Virginia. Customers can find Impossible Burger in the fresh meat section of the store in convenient, versatile 12-ounce packages or in a recyclable package of two pre-formed, quarter-pound (4-oz) patties. In line with Lidl’s commitment to affordable prices...

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Apr 29 8:24 AM, General News

The Brand New Beyond Burger Launches at Grocery Stores Nationwide 

Beyond Meat announced that the highly-anticipated new version of its iconic Beyond Burger® will arrive in grocery stores nationwide beginning the week of May 3rd. The latest and greatest Beyond Burger, which offers impressive advancements in taste and nutrition, will be sold in a 2-pack, the brand’s first-ever value 4-pack (MSRP: $9.99) and a 1lb. Beyond Beef® pack.

“We are continuously working on understanding beef flavor at a deeper level to ensure our plant-based beef platform delivers a delicious and satisfying sensory experience. The new Beyond Burger’s rich flavor profile resembles that of ground beef, and extensive testing with our consumers validated this new flavor direction with...

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Apr 28 8:31 AM, General News

Nathan’s Famous Partners with Meatless Farm to Launch Gourmet Plant-Based Hot Dog

Nathan’s Famous announced its partnership with Meatless Farm to bring consumers the industry’s first gourmet, plant-based hot dog. To celebrate, select Nathan’s Famous restaurants will give away one free Nathan’s Meatless Farm hot dog to all customers who wish to try it for a limited time. The partnership brings to market Nathan’s 100+ year old secret recipe, a favorite of consumers all over the world, crafted with clean and simple plant-based ingredients. Starting in April, the Nathan’s Famous Plant-Based Hot Dog by Meatless Farm will be available exclusively on the Nathan’s online retail portal on Shopify, and then rolled out in select locations in May.

"As plant-based menu items continue to grow in popularity, we are excited to launch the first ever gourmet, plant-based hot dog, a product created not just for our flexitarian, vegetarian, and vegan customers, but...

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Apr 28 8:30 AM, General News

Cargill Makes a Splash With Investment in Plant-based Seafood, Meat Start-up

As consumer demand for plant-based products grows, Cargill has announced an investment in BOX NV start-up, Bflike.

Cargill sees the potential for Bflike to become a leader in the alternative meat and fish categories. The partnership aims to combine Cargill’s food ingredient solutions with Bflike’s recipes and technology. Together, the companies look to provide “food manufacturers and retailers the opportunity to bring tasty plant-based products to market quickly and affordably.”

“Global volume consumption of protein is expected to nearly double by 2050...

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Apr 27 10:14 AM, SeafoodNews

Cargill Unveils Plans for New Canola Processing Facility in Regina, Saskatchewan

Cargill announced plans to break ground on a new canola processing facility in Regina, Saskatchewan, to support the growing global demand for canola products. The company expects to begin construction on the $350 million project, which will have a similar design to Cargill’s existing Camrose facility, early next year with plans to be operational by early 2024. The company will also update and modernize its canola facilities in Camrose and Clavet over the next 12 months to increase volume and broaden capabilities at both locations.

“We are confident in the continued growth and competitiveness of the canola processing industry and look forward to helping farmers access increasing...

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Apr 23 8:48 AM, General News

ADM Advances Protein Innovation with Opening of New Plant-based Lab in Singapore

ADM celebrated the opening of its new cutting-edge, plant-based innovation lab, located in ADM’s Biopolis research hub in Singapore. The lab will develop next-level, on-trend and nutritious products to meet growing food and beverage demand in the Asia-Pacific region.

“ADM is a pioneer in plant-based nutrition innovation, and this new facility will enhance our ability to meet rapidly growing consumer demand in the Asia-Pacific region and bring exciting new products and solutions to the market,” said Leo Liu, ADM president, Asia-Pacific. “Protein continues to be a focus for consumers who are experimenting with plant-based options to meet their health and nutrition, sustainability and...

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Apr 23 8:31 AM, General News


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Foodmarket, a specialized media offering from Urner Barry, is the premier source of market news for the food industry.