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Urner Barry Releases March Pulse Protein Report 

Purchases of North American yellow peas for Chinese pork feed formulations have contributed to yet another consecutive month of increased yellow pea prices. On February 16th, the USDA reported an average increase of $2.30/cwt to $12.30/cwt in whole yellow peas offering producers some of the...

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Mar 4 8:34 AM, Plant Protein



US Foods Spring Scoop Caters to Consumers’ Growing Interest in Well-Being, Sustainability

US Foods Holding Corp. announced the launch of Spring 2021 Scoop™, “Hungry for Better,” which features products that cater to consumers’ growing interest in dining options that support their planet, their communities and themselves. Today’s consumers are more deliberate and conscientious about their dining choices and are seeking products with simple and authentic ingredients that can also satisfy specific dietary needs. At the same time, they are also demanding products with sustainable attributes, and research shows that these consumer behaviors have only intensified since the start of the pandemic. To meet this growing need, US Foods Spring Scoop highlights 21 products that offer a well-being and/or sustainable attribute and are part of the company’s growing portfolio of products under the Hungry for Better initiative.

“With Spring Scoop, we are focusing on products that support our Hungry for Better initiative,” said Stacey Kinkaid, vice president, product development and...

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Mar 2 10:14 AM, General News


Plant-Based Food Pioneers Fry Family Food Co. Announces National Launch at Sprouts

The Fry Family Food Co., a LIVEKINDLY Collective heritage brand, launched a national retail partnership in the U.S. with Sprouts Farmers Market. Fry's has been at the forefront of the plant-based movement for decades; founded in the Fry family kitchen in 1991, the brand celebrates its 30th anniversary this year.

From today, five of Fry's top plant-based products will be available in the freezer aisle at all Sprouts locations: Chick'N Nuggets, The Big Fry Burger, Chick'N Patties, Breakfast Links and...

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Mar 2 8:21 AM, General News


Urner Barry Now Offering Plant Protein Market Coverage

Urner Barry, the leading provider of protein market news and information in the food industry, is pleased to announce new market coverage of the growing Plant Proteins sector on COMTELL.

Within COMTELL’s renowned pricing and supply data, subscribers will now see an additional market dedicated exclusively to Plant Protein market information. This new offering will showcase Urner Barry’s own Plant Protein Insider’s Reports, market commentary, relevant USDA reports and pricing, dynamic trade statistics, and a UB price quotation table.

“Urner Barry adding plant protein coverage is a natural...

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Mar 1 8:52 AM, Urner Barry


Beyond Meat Reports Fourth Quarter and Full Year 2020 Financial Results 

Beyond Meat, Inc., a leader in plant-based meat, reported financial results for its fourth quarter and full year ended December 31, 2020.

Fourth Quarter 2020 Financial Highlights

  • Net revenues were $101.9 million, an increase of 3.5% year-over-year.
  • Gross profit was $25.4 million, or gross margin of 24.9% of net revenues; Adjusted gross profit was $29.1 million, or
  • Adjusted gross margin of 28.5% of net revenues, reflecting...
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Feb 26 8:55 AM, General News


Beyond Meat Announces Global Strategic Agreements with McDonald's and Yum! Brands 

Following the release of its financial results for the fourth quarter and full year 2020, Beyond Meat announced a global strategic partnership with McDonald's and Yum! Brands to offer signature plant-based menu items.

As part of the three-year global agreement with McDonald's, Beyond Meat will be the preferred supplier for the patty in the McPlant, a new plant-based burger being tested in select McDonald's markets globally. Additionally, Beyond Meat and McDonald's will explore developing other plant-based menu items together, including options for chicken, pork, and eggs, as part of McDonald's broader McPlant platform.

The announcement further solidifies the relationship between McDonald's and Beyond Meat, which began in 2019 with the test of...

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Feb 26 8:46 AM, Urner Barry


Get to Know Players in the Plant Protein Market: Victory Hemp Foods

Over the past several years, hemp has become a common conversational item across rural and urban America with confusion over its uses, properties, and safety. In the 2014 and 2018 Farm Bills, regulations preventing the production and use of hemp by farmers, businesses, and the American consumer were relaxed, with hemp being removed from the definition of marijuana in the Controlled Substance Act (CSA). This deregulation opened the doors to startups looking to utilize hemp and its associated byproducts in creative, functional ways. One such startup, Victory Hemp Foods, took roots after...

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Feb 25 8:31 AM, Plant Protein


From Animal Meat to Fungi, U.S. Consumers Tap into A Host of Sources to Get Protein into Their Diets

The want of more protein in their diets have U.S. consumers seeking the coveted macronutrient from a variety sources, reports The NPD Group. Protein, the nutritional counterpart to fat and carbohydrates, is considered the body’s building blocks, and can be found in a long list of foods, like seafood, meat, poultry, eggs, legumes, and vegetables.

In order to get more protein into their diets, consumers are availing themselves to all of these types of foods in addition to whatever might be the trendy protein of the day, like fungi, according to NPD’s Eating Patterns in America, an annual compilation of the company’s daily tracking of U.S. consumers’ eating behaviors away from and...

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Feb 24 8:22 AM, General News


Eat Beyond Adds Plant Power to Its Portfolio and Extends Marketing Agreement

Eat Beyond Global Holdings Inc., an investment issuer focused on the global plant-based and alternative food sector, is making an investment in, and adding Plant Power Restaurant Group, LLC ("Plant Power") to its portfolio.

California-based Plant Power Fast Food is known as an innovator in the Quick Service Restaurant ("QSR") field with its 100% plant-based offerings and biodegradable packaging. Plant Power features a menu that ranges from burgers, fries, shakes and 'chicken' tenders - to wraps, salads, juices, raw items and...

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Feb 23 8:27 AM, General News


MorningStar Farms Offers Incogmeato Giveaway for Lent

During Lent, MorningStar Farms is offering consumers a meat-free option with products that still look and taste like meat. The versatile line-up including burger patties, plant-based ground, chik'n nuggets and more makes for the perfect swap, so it's easy to enjoy classic dishes like tacos, spaghetti bolognese or even chik'n and waffles while maintaining the Lent tradition of meatless Fridays.

"During Lent, we know people miss their hamburger on Friday night. Now, with Incogmeato, everyone can still enjoy their delicious Friday favorites the plant-based way with...

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Feb 22 8:32 AM, General News


Urner Barry Releases February Emerging Plant Protein Report 

The latest rice outlook report released by the ERS raised total domestic production estimates by 1.5 million cwt to 227.6 million (23% above previous year rates). The bulk of this change was a result of a 59-pound per acre increase in the average rice yield to 7,619 pounds. Drilling down, Texas rice yields were revised up...

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Feb 18 8:22 AM, Plant Protein


Good Catch Plant-Based Tuna Continues Expansion into Foodservice 

Keep an eye on Good Catch tuna. Gathered Foods, the makers of the plant-based seafood brand, are continuing their expansion into foodservice through a new partnership with Whole Foods Market.

Good Catch first debuted at Whole Foods in February 2019. Now, instead of just being on the shelves, it’ll be in the Whole Foods prepared food section. Retail locations in Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York and Rhode Island will be offering Good Catch’s plant-based deli-style tuna salad by the pound...

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Feb 17 10:54 AM, SeafoodNews


Shifting Trends See Global Food Giants Ramp Up Their Plant-based Offerings

The past few years have seen plant-based meat and dairy alternatives go from a niche product to a mainstream trend, and finally to a mainstay in the food industry. Now that the average consumer has had the opportunity to try plant-based alternatives, the market has spoken and plant-based foods are taking a much larger role in the food industry in 2021.

Plant-based offerings are being added to the lineups of the world's largest food producers, multinational restaurants and cafes, and to important segments like the infant nutrition space. It's clear that the largest players in the food industry like Tyson Foods, PepsiCo, Starbucks Corporation, and Yum! Brands, along with innovative plant-based foods companies like...

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Feb 17 8:26 AM, General News


Eat Beyond Adds Zoglo's Incredible Food to Its Portfolio

Eat Beyond Global Holdings Inc., an investment issuer focused on the global plant-based and alternative food sector, is announcing that it has completed an investment in Zoglo's Incredible Food Corp. ("Zoglo's"), by joining its recent seed round. Zoglo's has plans to become publicly traded via reverse take over in the coming months. At the present time, Eat Beyond anticipates further increasing its interest in Zoglo's by participating in its next financing - the "go public" round.

Zoglo's has been a leading company offering kosher, plant-based products for over 25 years and is now ready to enter the mainstream market. It has a product selection of over...

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Feb 17 8:25 AM, General News


Nathan's Famous Launches Brand's First Plant-Based Hamburger Patty with Impossible Foods

Nathan’s Famous, Inc., announced its partnership with Impossible Foods to bring consumers the brand’s first gourmet, hamburger patty made from plants. The Impossible Foods patty made from plants for meat lovers adds to the Nathan’s Famous New York-themed fresh angus burger line-up.

“At Nathan’s Famous, we are always focused on offering our customers food that is memorable, craveable and instagrammable and this announcement does just that, while making our menu...

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Feb 16 10:03 AM, General News


Sysco Launches New and Exclusive, Chef-Tested Menu Concepts Through Cutting Edge Solutions Platform

Sysco Corporation, the leading global foodservice distribution company, introduced nine innovative concepts through its Cutting Edge Solutions platform. These new and differentiated products are available exclusively from Sysco and provide foodservice operators with unique menu offerings, innovative meal solutions and environmentally friendly cleaning and beverage products.

“Now more than ever, foodservice operators must provide differentiated offerings to succeed in this challenging operating environment. Sysco’s Cutting Edge Solutions platform offers...

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Feb 16 8:22 AM, General News


Urner Barry Releases February Soy & Wheat Protein Report

In December 2020 farmers experienced yet another consecutive month of increased prices for their soybean and all-wheat crops. Average all wheat prices rose $0.19/bu from November while average soybean prices rose a similar $0.20/bu. February front month futures, on the other hand, took a marginal dip from...

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Feb 11 8:20 AM, Plant Protein


Urner Barry Releases February Pulse Protein Report

Purchases of North American yellow peas for Chinese pork feed formulations have contributed to another consecutive month of increased yellow pea prices. On January 19th, the USDA reported an increase of $1.25/cwt to $10.00/cwt in whole yellow peas- offering producers some of the highest prices to date. North American green peas and garbanzo beans have also seen similar price increases- though comparatively weaker green pea demand is expected to...

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Feb 4 7:43 AM, Urner Barry


Impossible Foods Cuts Suggested Grocery Store Prices 20%

Thanks to tremendous growth and economies of scale over the past year, Impossible Foods is cutting suggested retail prices by 20% for grocery stores throughout the United States.

The price cuts bring the company’s suggested retail prices for Impossible Burger to $5.49 for patties and $6.99 for a 12-oz. package. (On-shelf prices may vary depending on location and retailer.)

Impossible Foods is strongly encouraging the roughly 17,000 grocery stores, supermarkets and retailers that sell Impossible Burger to pass the savings to...

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Feb 3 8:31 AM, General News


PODCAST: PLNTing the Seeds - Restaurateur Spike Mendelsohn

This week on Market Digest Laura is joined by restauranteur, entrepreneur, and advocate for food and plant Spike Mendelsohn. Spike gives a glimpse of life as a restaurant owner during the pandemic, why he decided to jump into...

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Feb 2 10:30 AM, Plant Protein


Field Roast Introduces Plant-Based Hot Dog

Greenleaf Foods, SPC, owner of Field Roast Grain Meat Co (“Field Roast”), is bringing a new level of flavor exploration to the plant-based hot dog category with the launch of its Field Roast Signature Stadium Dog, a plant-based premium hot dog that is naturally smoked. It is the first plant-based hot dog to be made from pea protein, rather than soy, and will be the first plant-based hot dog to be sold alongside traditional beef dogs when it becomes available in retail stores this spring.

Starting today, hot dog lovers can get a first taste of the Field Roast Signature Stadium Dog at select Wienerschnitzels, the world’s largest hot dog chain. The Field Roast Plant-Based Dog will appear on menus as...

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Feb 1 10:06 AM, General News


Get to Know Players in the Plant Protein Market: Roquette 

In 1933, brothers Germain and Dominique Roquette, identified an industrial need for potato starch in French textile markets. Both grain brokers, the brothers decided to establish a potato starch production plant in Lestrem, France, named Roquette. Little did they know their investment would grow to be a leading global provider of high-quality ingredient solutions spanning the food, nutrition, health, textile, and pharmaceutical markets sourced from across North America, Europe, and Asia.

Approaching a century of longevity, Roquette leads the marketplace with over forty years crafting and nurturing its expertise in providing plant protein solutions in the global food industry. To date, Roquette offers plant proteins sourced from wheat, fava beans, and...

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Jan 28 8:23 AM, Urner Barry


Impossible Foods Teams Up with Goldbelly to Launch the Impossible Foods Store 

Impossible Foods announced that it is launching The Impossible Foods Store on Goldbelly, a leading platform for food e-commerce, featuring some of America's top culinary trendsetters.

The brand-new store on Goldbelly features four Impossible™ meal kit offerings, curated exclusively for the site and now available for nationwide shipping, including...

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Jan 27 8:23 AM, General News


Cargill Expands Value-Added Protein Footprint Through Acquisition of ProPortion Foods

Cargill, the global food, agricultural, financial and industrial products company, announced the expansion of its value-added protein footprint through the acquisition of ProPortion Foods, a food manufacturer that supplies a variety of innovative fully cooked products, portion control steaks and marinated ready-to-grill meats.

Through the purchase, which closed in December 2020, Cargill gains two further-processed protein plants in Round Rock, Texas and Vernon, California. The Round Rock and Vernon facilities will deliver a variety of quality, fully cooked protein products for Cargill’s...

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Jan 27 8:23 AM, General News


Post Holdings Announces Partnership with Hungry Planet 

Post Holdings, Inc., a consumer packaged goods holding company, announced a partnership with Hungry Planet Inc., a plant-based meat company. In this new partnership, Post’s Foodservice and Refrigerated Retail units will work closely with Hungry Planet to expand the distribution of Hungry Planet’s industry-leading range of plant-based meats to address the rapidly growing demand for alternative protein solutions across all meal occasions.

Hungry Planet produces a full range of chef-crafted plant-based meats that match the taste and texture of conventional meat. Based in St. Louis, Hungry Planet meats are distributed throughout the United States via...

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Jan 27 8:21 AM, General News


PepsiCo and Beyond Meat Establish Partnership to Introduce New Plant-Based Offerings 

PepsiCo, Inc. and Beyond Meat, Inc. announced they will form The PLANeT Partnership, LLC (TPP), a joint venture to develop, produce and market innovative snack and beverage products made from plant-based protein. The joint venture will leverage Beyond Meat’s leading technology in plant-based protein development and PepsiCo’s world-class marketing and commercial capabilities to create and scale new snack and beverage options. Financial terms of the partnership were not disclosed. Joint venture operations will be managed through the newly created entity The PLANeT Partnership, LLC (TPP).

“Plant-based proteins represent an exciting growth opportunity for us, a new frontier in our efforts to build a more sustainable food system and be a positive force for people and the planet, while meeting...

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Jan 26 9:15 AM, General News


Plant-Based JUST Egg Sous Vide Coming to Grocery Stores

Eat Just, Inc., and Cuisine Solutions, Inc., announced the forthcoming U.S. retail availability of JUST Egg Sous Vide bites, which is part of an exclusive agreement whereby Cuisine Solutions will develop and produce Eat Just’s plant-based sous vide egg around the globe. French for “under vacuum,” sous vide is a cooking method in which food is vacuum-sealed and slow-cooked in water at precise temperatures.

The product, which will begin rolling out in March in the freezer section of select grocery stores, comes in four unique and distinct flavors inspired by regional cuisines and whole plants. Flavors include...

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Jan 26 8:25 AM, General News


3 Plant-Based Consumer Insights for Veganuary from Packaged Facts 

Plant-based eating and sustainability are some of the top food trends affecting consumer preferences and food product launches in recent years, causing more general consumers to think about these issues, not just those following veganism or vegetarianism. We are especially reminded of this during Veganuary, the world’s largest vegan movement.

There was a notable uptick in consumer usage of plant-based foods and beverages in 2020 compared to 2019, as reported by Packaged Facts. The market research publisher reports that...

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Jan 22 8:40 AM, General News


Mintel: Temporary Slowdown in Meat Reduction Trend as Processed Meat Sales Boom 

The COVID-19 pandemic has proved to be a temporary setback for the flexitarian movement, with the proportion of adults limiting and not eating meat dropping back significantly in 2020 according to new research from Mintel. But as the food and drink industry recovers from the pandemic, Mintel expects that momentum will return to the plant-based industry.

Veganuary may be in full swing, but according to Mintel, the number of Brits actively limiting/reducing and not eating meat in their diet has reduced from half (51%) of all consumers in 2019 down to four in ten (41%) during 2020. Meanwhile, in search of familiar foods, sales of processed meat products, including...

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Jan 22 8:39 AM, General News


Eat Beyond Adds Above Food to Its Portfolio

Eat Beyond Global Holdings Inc., an investment issuer focused on the global plant-based and alternative food sector, is announcing that it has completed an investment in Above Food Inc.

Above Food develops and distributes premium, whole plant alternatives to meat and dairy by creating nutrient-dense consumer products and branded ingredients. It uses a proprietary blend of plant proteins created from heirloom pulses and gluten free grains. Above Food brings its products to market by...

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Jan 22 8:39 AM, General News


Urner Barry Releases January Emerging Plant Protein Report

Plant based startups are increasing their use of both sunflower seed proteins and oils in formulation of their meat analogue and plant-based snack creations. The protein content of a sunflower kernel ranges between 20% and 40%, complemented by an array of high-quality nutrients which...

 

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Jan 21 8:30 AM, Plant Protein


Urner Barry Presents Plant Protein Insights Webinar 

The plant protein sector is developing rapidly around the globe. Innovative and unique offerings enter the market daily under increased pressure for sustainable and nutritious alternative food options. Demand for plant protein ingredients has become an important benchmark for manufacturers, ingredient providers, startups, traditional protein suppliers, and investors interested in this space.

Join Urner Barry on Thursday, January 21, as host Laura Zinger interviews...

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Jan 21 8:29 AM, Plant Protein


Identity of Primary Plant-Based Food Consumers May Surprise, Reports Packaged Facts

Despite use of plant-based meat or dairy products being highest among those following vegan, vegetarian, or pescatarian diets, it's omnivores and flexitarians who make up the lion's share of consumers who eat these products due to their sheer numbers, reports market research firm Packaged Facts in the report Vegan, Vegetarian, and Flexitarian Consumers. This reveals that both the current and addressable market for plant-based products depends on omnivores and flexitarians using more of these products, especially beyond this month's Veganuary campaign encouraging people to try a plant-based diet.

"Although plant-based meat and dairy alternatives do appeal to some vegans and vegetarians, they are more targeted toward the preferences of omnivores and...

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Jan 18 8:26 AM, General News


Beyond Meat Unveils Plans for New Global Headquarters

Beyond Meat, Inc. announced its plans to enter a 12-year lease in a new, nearly 300,000 square foot space at 888 N. Douglas Street in El Segundo, California. The building is currently under development by Hackman Capital Partners with anticipated completion in spring 2021. The site will serve as the company’s new state-of-the-art global headquarters, making it one of the world’s largest and most technologically advanced plant-based research centers. The cutting-edge campus is slated to open in fall of this year and is a substantial increase in the company’s footprint that will support...

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Jan 15 9:55 AM, General News


Taco Bell Announces Return of Potatoes and Plans to Launch Beyond Meat Menu Items

Taco Bell is starting fresh in 2021, especially with its vegetarian fans. The brand is kicking the year off with the return of potatoes and exploring a new plant-based protein with Beyond Meat.

After a brief hiatus from menus due to Taco Bell's menu simplification efforts last year, Cheesy Fiesta Potatoes and the Spicy Potato Soft Taco will be back starting March 11. Taco Bell is also teaming up with Beyond Meat to create an innovative new plant-based protein that will be tested in the next year. Taco Bell chose to team up with...

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Jan 15 8:28 AM, General News


JUST Egg Product to Be Served at Leading Fast-Food Chain in China

Eat Beyond Global Holdings Inc., an investment issuer focused on the global plant-based and alternative food sector, is announcing that Dicos, one of China's leading fast-food chains, has added Eat Beyond portfolio company Eat Just Inc.'s product JUST Egg to its menu at over 500 locations.

Dicos is one of the largest foodservice companies in China, with 2,600 stores across 32 provinces and autonomous regions serving 600 million consumers annually.

Dicos' conventional egg patty will be replaced with...

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Jan 14 9:36 AM, General News


Urner Barry Releases January Soy and Wheat Protein Report

Following initially dismal reports on wheat consumption, the USDA recently lifted global wheat consumption estimations by 5.1 million tons to 757.8 million tons based on higher demand for feed in China. Driven by a recovering pork market, China poses a strong demand side pull on...

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Jan 14 8:25 AM, Urner Barry


QDOBA Launches New Health-Conscious Menu Offerings

Ahead of the New Year, QDOBA launched new, health-conscious creations under the Vegetarian, Keto & More category of their online menu. Introduced on December 29, the new entrées are designed to provide customers with menu options that help meet guests' dietary goals and needs, such as keto, vegetarian, low-carb, gluten-free and more. The offerings include QDOBA's recently introduced Mexican Cauliflower Mash, a low-carb alternative to rice made with fresh cauliflower that's oven-roasted in-house daily.

"With many people looking to improve their personal wellness in the New Year, we wanted to offer our guests a wide range of menu options that help them...

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Jan 14 8:23 AM, General News


Dr. Praeger’s Launches Plant-Based Pizza Toppings

Dr. Praeger’s Sensible Foods, the family owned and operated leader in the all-natural, vegetarian, vegan, gluten free, and kosher frozen food categories for over 25 years, announces they are moving into the pizza category with three plant-based pizza toppings available for foodservice.

The Meatless Pepperoni Slices, Meatless Sausage Toppings and Chick’n Strips are all 100% vegan and kosher certified with zero cholesterol. Sold in 10lb frozen cases for foodservice, these meatless toppings are...

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Jan 12 8:23 AM, General News


Maple Leaf Foods Announces Near-Term Plan to Expand Its Plant Protein Capacity

Maple Leaf Foods announced that its wholly-owned subsidiary, Greenleaf Foods, SPC, a leader in plant protein products, is advancing plans to increase tempeh production capacity through the acquisition and planned build-out of a food processing plant in Indianapolis, Indiana (the "Project").

Driven by growing demand for its Lightlife® tempeh products, phase 1 of the Project involves the acquisition of a 118,000 square foot plant in Indianapolis which is expected to close in early April, and the installation of tempeh production equipment with initial capacity of approximately...

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Jan 11 9:50 AM, General News


Urner Barry Releases January Pulse Protein Report

Demand for further processed pulse ingredients continues to steadily increase in parallel to improved protein innovation technologies with meat and dairy analogue products. Fava beans, a type of broad bean pulse crop, have garnered recent increased interest as the versatility and functionality of the protein as well as...

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Jan 7 10:19 AM, Urner Barry


Livekindly Collective Expands Its Brand Portfolio With the Acquisition of Iceland Foods’ No Meat

LIVEKINDLY Collective, a collection of heritage and start-up brands, announced the acquisition of No Meat, Iceland Foods’ vegan meat alternative company.

“This acquisition is very complementary to our current portfolio further strengthening our position in the frozen sector of the fast-growing plant-based meat category", says Domenico Speciale, General Manager for LIVEKINDLY Collective in the UK. "No Meat has been such an incredible success with...

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Jan 7 8:25 AM, General News


Jimmy Dean Breakfast Offerings Expand with Introduction of Plant-Based Patty Sandwiches

Jimmy Dean brand, part of the Tyson Foods portfolio of brands, is meeting the growing demand for meat alternative options with the launch of two new sandwiches featuring a plant-based patty: Jimmy Dean Plant-Based Patty, Egg & Cheese Croissant Sandwich and Jimmy Dean Delights Plant-Based Patty & Frittata Sandwich.

A Breakfast Revolution

Demand for plant-based food options has grown exponentially with retail sales up 148 percent more than last year amid the on-set of COVID-19 in mid-March. By the end of 2020, a majority of Americans reported...

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Jan 7 8:24 AM, Urner Barry


Survey: Meat Will Be a Key Ingredient for Americans Resolving to Eat Better in 2021

As many Americans are into week one of a new eating regimen, Applegate found that 72% of those surveyed believe meat should be part of a healthy diet and that 55% are resolving to cut back on sugar.

Despite the rising popularity of plant-based trends and lab-created “meat” substitutes, the survey found 58% of adults have no plans to consume less meat in 2021 and illustrated how consumers are seeking natural and organic meat products with...

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Jan 7 8:23 AM, General News


Plant-Based Seafood Company New Wave Foods Completes $18 Million Series A Financing

Plant-based seafood company New Wave Foods announced on Wednesday that they’ve completed an $18 million Series A round of financing. The investment round was lead by New Enterprise Associates, along with Evolution VC Partners and other “new and existing investors.”

New Wave Foods was founded in 2015 and turned heads with their creation of a sustainable, plant-based shrimp alternative made from seaweed and other natural ingredients. In September 2019 the company received a major boost when Tyson Ventures...

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Jan 6 11:02 AM, SeafoodNews


Dunkin' Introduces New Plant-Based Breakfast Sandwich 

As the trend of Americans adding plant-based options to their diet blossoms, Dunkin' continues to give on-the-go consumers more ways to easily make plant-based food and beverages part of their day. Following the success of last year's Beyond Sausage® Breakfast Sandwich launch, the brand is beginning 2021 by adding another plant-based protein patty to its menu, teaming up with America's #1 veggie brand, MorningStar Farms®, to launch the new Southwest Veggie Power Breakfast Sandwich, a meatless sandwich that doesn't sacrifice on taste, now available for a limited time at participating Dunkin' restaurants nationwide.

The Southwest Veggie Power Breakfast Sandwich features a MorningStar Farms Black Bean Patty packed with southwest flavors, layered with...

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Jan 5 8:27 AM, General News


Chipotle Launches Cilantro-Lime Cauliflower Rice for New Lifestyle Bowls 

Chipotle Mexican Grill announced Cilantro-Lime Cauliflower Rice is available at U.S. and Canadian restaurants for a limited time. Chipotle's latest plant-based option is made with freshly grilled, riced cauliflower, finished with hand-chopped cilantro, lime, and salt, and prepared fresh in-restaurant every day.

New Year, New Start

Chipotle fans can start 2021 off with a new rice option that is compliant with Keto, Whole30®, Paleo, Vegan, and Vegetarian diets. Cilantro-Lime Cauliflower Rice has...

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Jan 5 8:26 AM, General News


REPORTER: 3 Sprouting Plant Protein Brands to Watch in the New Year

2020 challenged cyclical norms across the global economy. An extended term of unwanted volatility and negative media coverage for conventional proteins became an opportunity for players in the plant protein market to thrive. Driving health and wellbeing into the focus for consumers around the globe, COVID-19 ignited a desire for increased options in food selection and further revealed preferences for sustainability and innovation. As countless entrepreneurs and investors clammer for a piece of the plant protein industry, three specialized brands have emerged with growth and...

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Dec 30 8:22 AM, Plant Protein


Eat Just To have Its Lab-Grown Meat Served At a Restaurant in Singapore

Eat Beyond Global Holdings Inc., an investment issuer focused on the global plant-based and alternative food sector, is announcing that its portfolio company, San Francisco-based Eat Just Inc., is the world's first company to have its lab-grown meat served in a restaurant.

Eat Just is a food tech company that produces meat and egg substitutes, and recently became the first company approved to sell its lab-grown chicken product, GOOD Meat Cultured Chicken, in Singapore. Singapore is the first government to...

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Dec 30 8:18 AM, General News


Get to Know Players in the Plant Protein Market: Planterra Foods

One of the fasted growing plant protein brands in the industry has achieved a remarkable 6% market share in a brisk 13-week period. Colorado based Planterra Foods, a subsidiary of Brazilian food giant JBS, has taken the plant-based market by storm with its OZO brand product line of burgers, ground, sausages, and meatballs.

Prior to its debut, OZO had an interesting start as a whiteboard drawing during a design brainstorming session. During the session, a team member at Planterra Foods first drew a globe representing the earth. Another team member added a second circle representative of...

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Dec 23 8:39 AM, Urner Barry


FiveStar Gourmet Foods Debuts New Salad Featuring Beyond Meat

FiveStar Gourmet Foods is partnering with Beyond Meat to bring more salad protein choices to consumers. FiveStar is introducing a new Simply Fresh Taco Salad made with Beyond Meat, featuring plant-based beef crumbles from Beyond Meat.The new 7.5-oz complete salad recently debuted in Publix supermarkets. Available to retailers nationwide starting in January, the salad is just one of the many new product possibilities for the culinary giant.

"We are thrilled to be working with Beyond Meat, a company we appreciate and respect. This partnership allows us to be more versatile with our main product lines and enables...

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Dec 23 8:23 AM, General News


Emerging Plant Protein of the Month: Hemp Seeds

As consumers increase their demand for food items with “clean label” ingredients and those that are plant-based, organic, non-GMO, and allergen free, plant-based startups race to provide interesting options that stand out in an ever-crowding space. Over the past several years, hemp has become a common conversational item across rural and urban America with confusion over its uses, properties, and safety. In the 2018 Farm Bill, hemp was removed from the definition of marijuana in the Controlled Substance Act (CSA) partially legalizing its production and use by farmers, businesses, and the American consumer. Today, hemp seeds, and their associated proteins, have become...

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Dec 22 9:37 AM, Urner Barry


Kroger Shares Top 10 Trending Foods of 2020 

The Kroger Co. announced the top 10 trending foods of 2020, as well as its food trend predictions for 2021.

Based on year-over-year sales growth across Kroger's business, including nearly 2,800 retail stores and pickup, delivery and ship, the trending foods and beverages of 2020 included:

  1. Zero-Calorie Soft Drinks
  2. Four-Cheese Mexican Blend Shredded Cheese
  3. Flavored...
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Dec 18 7:24 AM, General News


Eat Just Follows Regulatory Approval with Historic, First-Ever Sale of Cultured Meat

Eat Just announced that on the heels of its historic regulatory approval for cultured chicken, it has made the first commercial sale of meat created directly from animal cells for human consumption to 1880, an establishment founded to inspire conversations that change the world. GOOD Meat Cultured Chicken will launch with 1880 this Saturday, December 19.

When seeking out the world’s first restaurant to sell and serve cultured meat, Eat Just wanted to ensure the partner would not only satisfy guests' appetites with a superior culinary experience, but would also...

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Dec 17 8:21 AM, General News


Urner Barry Releases First Emerging Plant Protein Report

Plant-based firms remain committed to finding alternative sources of protein and functional ingredient components. While soy, wheat, and pea proteins are the most utilized ingredients to date, numerous other innovative and unique options emerge to fulfill growing demand for sustainable, cheap, functional, and nutritious food items. Currently, consumers have increasingly expressed...

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Dec 17 8:18 AM, Plant Protein


Plant-Based Dairy and Egg Product Sales Reach $4 Billion in 2020

Market research firm Packaged Facts projects retail sales of plant-based dairy and egg products will rise at an average annual rate of 6.0%, reaching $5.2 billion by 2024. This is up from $4.3 billion in estimated sales in 2020, which itself is up from $3.9 billion in sales during 2019.

These findings were published in the brand new Packaged Facts report Dairy & Egg Alternatives: Outlook for Plant-Based & Cell-Cultured Consumer Products.

Despite potential industry disruptors such as the lingering economic impact of...

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Dec 16 8:15 AM, General News


Cargill Adds Pea Protein to European Ingredient Portfolio

As more consumers aspire to incorporate plant-based foods into their diets, Cargill is responding by adding pea protein to its portfolio of ingredients available in Europe. The move will help European food and beverage manufacturers meet increasing demand for nutritious, plant-based products. Moreover, Cargill pea proteins are designed to meet the functional and sensory challenges in alternative emerging applications.

Cargill, which already offers an array of pea protein products in North America, Asia and South America, is leveraging that expertise as it expands its European line-up of plant-based proteins like...

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Dec 15 8:17 AM, General News


Urner Barry Releases First Soy and Wheat Protein Report

Demand for Vital Wheat Gluten (VWG), a primarily functional ingredient used to strengthen bakery items, hamburger and hotdog buns, and as a key component in vegetarian seitan, has remained relatively stable. Primarily a byproduct of ethanol production in the generation of European energy, VWG has minimal effect on price and demand dynamics of raw wheat....

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Dec 11 8:30 AM, Urner Barry


Technomic's Take: 2021 Global Trends Outlook

We can only guess what’s in store for 2021 in the global restaurant space. 2020 showed us—among so many things—that what’s expected and what happens don’t always align, to say the least. That said, we think our 2020 restaurant trend forecast holds up fairly well given the reality of the marketplace affected so drastically by the pandemic. Ghost kitchens certainly moved mainstream. Vegan fare got more space to stretch and grow. Plant-based meats continued to inform product development, especially across Asia. Beverage chains certainly broke out from the crowd—again, especially in Asia. And halloumi, pinsa pizzas and sliders had strong showings on chain menus across the world. So, what’s in store for the coming year...

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Dec 10 8:22 AM, General News


Mosa Meat Backed by Leading Global Impact Investors, Bringing Oversubscribed Round to $75M

Mosa Meat, the European food technology company that introduced a cultivated beef hamburger in 2013, announced the second closing of its Series B funding. This second closing of $20M brings the total raised so far in the round to $75M.

The funding brings together leading global investors who are dedicated to sustainability, and to supporting Mosa Meat in its mission. These include Blue Horizon Ventures, Target Global, ArcTern Ventures and Rubio Impact Ventures.

Mitsubishi Corporation, Japan, the global integrated business enterprise that develops...

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Dec 8 9:31 AM, General News


Millennials and Gen Z are Prime Consumers of Plant-Based Foods

Food and beverage companies nationwide are increasingly investing in plant-based meat alternatives to satiate growing consumer demand for protein not sourced from animals. But who exactly are the primary consumers of such products? According to Packaged Facts, it’s younger American consumers, particularly those who are between the ages of 18 and 44, who are the most likely to eat plant-based meat and who account for the majority of plant-based meat consumers.

Upon closer examination, data published by Packaged Facts reveals that the 18-24 age group comprised of members of...

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Dec 4 8:19 AM, General News


Grubhub Releases Annual "Year in Food" Report Detailing the Top Trends of 2020

As the nation looks forward to 2021, Grubhub is taking time to look back at how Americans ate their way through a turbulent year. Grubhub, a leading online and mobile food-ordering and delivery marketplace, released findings from its annual "Year in Food" report, analyzing orders from over 30 million diners to see what rose in popularity throughout an unpredictable year. In addition, diners will receive their personalized "Taste of 2020" recap to get a glimpse of their favorite cuisines, menu items, and order habits throughout the year.

While past years have seen a growth in vegan and vegetarian options, 2020 was a year where...

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Dec 4 8:18 AM, General News


Plant-Based Market Dynamics Broken Down in Urner Barry's First Pulse Protein Report 

Urner Barry is the leading provider of protein market news and information in the food industry. Through daily canvasses of the trade and an unrivaled historical database, our analysts are uniquely positioned to report on the underlying conditions and significant disruptors to the market. In the first Pulse Protein Report, Market Reporter Daniel Munch breaks down...

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Dec 2 8:22 AM, Urner Barry


Alternative Protein Market for Animal Feed Worth $4 Billion by 2026

The global alternative protein market for animal feed is projected to cross USD 4 Billion by 2026, according to a new research report by Global Market Insights, Inc. Growing animal feed business coupled with increasing livestock production across the globe are expected to have a positive impact on alternative protein industry for animal feed during the forecast period.

The alternative protein market for animal feed from the cattle livestock segment exceeded...

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Nov 30 8:16 AM, General News


The NPD Group Reveals Consumers' Top Plant-Based Product Choices 

When it comes to eating plant-based foods, consumers are definite in which types of these foods they want to eat at home and which they want to eat from a restaurant or foodservice outlet, finds The NPD Group. About 93% of meals or snacks that include milk alternatives are consumed at home and 7% are at/from a restaurant or foodservice outlet.

When it comes to meat analogues, restaurants and other foodservice outlets have the largest share of eating occasions at 78% while at home represents...

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Nov 24 8:19 AM, General News


Lightlife Strengthens Walmart Partnership by Expanding Tempeh to 3,500 Stores 

Greenleaf Foods, SPC announced a significant retail expansion of its Lightlife brand Tempeh—a versatile, high-protein, naturally-fermented food that appeals to plant-based and meat eaters alike. Lightlife Tempeh is now available in more than 3,500 Walmart locations nationwide—a more than ten-fold growth from its previous 300 stores—bringing the product’s retail distribution to over 18,500 retail locations. Lightlife is the market leader in tempeh, having grown at a rate of 44% in 2020 alone.

“Lightlife Tempeh accounted for about 80% of total U.S. tempeh dollar sales so far this year,” said Dan Curtin, president of Greenleaf Foods, SPC. “We are excited to grow our partnership with...

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Nov 19 8:21 AM, General News


Beyond Meat Unveils Next Iterations of Beyond Burger Coming in Early 2021 

Beyond Meat announced the next step forward in cutting-edge innovation with the unveiling of two new versions of the Beyond Burger which are expected to launch nationwide in early 2021. The new iterations are designed to meet consumers’ growing demand for plant-based proteins that deliver on both taste and nutrition, while featuring an enhanced meaty flavor and the craveable taste consumers love.

Similar to the range of nutritional options of beef currently available in the marketplace, the two versions are designed to offer more choice for consumers. The new Beyond Burgers will include...

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Nov 17 8:30 AM, General News


Performance Foodservice Launches Proprietary Line of Plant-based Protein Products

Performance Foodservice, a division of Performance Food Group Company, announced the launch of its Green Origin brand, a proprietary line of plant-based protein products. Made from simple ingredients, the Green Origin portfolio includes plant-based burgers, grinds, breakfast sausages, and nuggets. Green Origin products are made exclusively by Greenleaf Foods, SPC, owner of leading plant-based brands Lightlife and Field Roast. With this launch, Performance Foodservice will have one of the largest plant-based Exclusive Brand portfolios in the industry.

“We’re well past the point of plant-based eating as a niche trend,” said Fred Sanelli, senior vice president of marketing and sales at Performance Foodservice. “It has become a significant and growing segment in...

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Nov 17 8:28 AM, General News


Delaying Commoditization of Plant Proteins 

One of the leading hurdles in maintaining and growing an agri-food business is that farmers and processors are inherently limited in their ability to differentiate food items purchased by the consumer. If someone presented you with two glasses of milk from completely different farms your ability to separate the two by taste, smell, or visual perceptions is generally quite limited. When producers sell homogeneous products like fluid milk, corn, or soybeans these products become categorized as commodities where market shifts affect all sellers irrespective of farm level operations. For this reason, producers of commodity goods must accept downstream prices which often offer extremely tight or “non-existent” margins. Therefore, the incentive to differentiate or de-commoditize products to...

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Nov 12 8:26 AM, Urner Barry


Zero Egg Raises $5 Million in Series A Funding

Following its U.S. launch, Zero Egg, a plant-based egg alternative for foodservice and food manufacturers, announced that it has raised $5 million in Series A funding led by Powerplant Ventures, and joined by existing investors Unovis Asset Management-New Crop Capital and Strauss Group-The Kitchen Hub.

The company will use this funding to grow the brand in the U.S. and support its ambitious new product launches in the coming year. With 100 billion eggs consumed each year in the U.S. alone, Zero Egg is focusing on providing affordable, versatile and tasty plant-based egg products.

"By filling the white space in the foodservice industry for plant-based egg alternatives, Zero Egg aims to make plant-based foods the norm and...

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Nov 12 8:25 AM, General News


Technomic's Take: What to Expect in Canada in 2021

As we head into 2021, the world of foodservice remains in unprecedented territory as we collectively deal with the immediate and long-lasting impacts of the COVID-19 pandemic. While many unknowns linger as the world anxiously awaits an end to the virus, we do know that those who demonstrate the most versatility in response to industry, consumer and cultural shifts are best set to succeed in the coming year. Read ahead for Technomic’s expert predictions to better equip yourself for what’s to come and how to prepare for a post-pandemic world.

1. The Road to Recovery Steadies

Foodservice will experience the start of a financial recovery in 2021, but sales results across segments will be a mixed bag. Limited-service restaurants will turn...

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Nov 12 8:24 AM, General News


Beyond Meat Reports Third Quarter 2020 Results

Beyond Meat, Inc., a leader in plant-based meat, reported financial results for its third quarter ended September 26, 2020.

Third Quarter 2020 Financial Highlights

  • Net revenues were $94.4 million, an increase of 2.7% year-over-year.
  • Gross profit was $25.5 million, or gross margin of 27.0% of net revenues; Adjusted gross profit was $27.3 million, or
  • Adjusted gross margin of 28.9% of net revenues, reflecting exclusion of expenses attributable to COVID-19.
  • Net loss was $19.3 million, or $0.31 per common share; Adjusted net loss was $17.5 million, or $0.28 per common share, reflecting exclusion of expenses attributable to COVID-19.
  • Adjusted EBITDA was a loss...
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Nov 11 8:15 AM, General News


Sweet Earth Foods Partners with U.S. Colleges and Universities to Expand Plant-Based Dining Options

Sweet Earth Foods, a Nestlé Professional brand and award-winning plant-based food innovator, announced their expansion of the PB Triple Play – the first 100% plant-based Bac'n Cheezeburger – and other new plant-based options for students at five premier universities across the U.S., including University of Massachusetts, Notre Dame and Yale. These limited-time offerings will be available on college campuses in November and offered as more permanent menu items in 2021.

Sixty-five percent of Gen Z wants a more "plant-forward" diet, while 79% would eat meatless meals once or twice a week. Now, as more Gen Z students demand plant-based options, colleges search for vegan options that are both plant-powered and flavorful. The PB Triple Play and other...

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Nov 11 8:14 AM, General News


Pizza Hut Announces Partnership with Beyond Meat

Pizza Hut has announced a partnership with Beyond Meat, to bring a plant-based meat pizza to the masses with the nationwide launch of new Beyond Pan Pizzas, the Beyond Italian Sausage Pizza and the Great Beyond Pizza.

This first-in the-category national launch makes plant-based meat pizzas more widely available everywhere, giving consumers more choices and even more reasons to love Pizza Hut.

The new Beyond Pan Pizzas include...

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Nov 10 9:00 AM, General News


Packaged Facts: Plant-Based Meat Consumption Moving from Niche to Norm

Nearly one-fourth of U.S. consumers report eating plant-based meat, poultry, or seafood products, revealing that plant-based products are going mainstream and are no longer niche, according to market research firm Packaged Facts.

"Packaged Facts' August 2020 National Online Consumer Survey found that 23% of consumers claim to eat any variety of plant-based meat products," says Jennifer Mapes-Christ, Packaged Facts' food and beverage publisher. "There are opportunities to target this burgeoning minority of consumers, who may be persuaded to use larger volumes of plant-based meat in their diets...

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Nov 10 8:11 AM, General News


Packaged Facts: Plant-Based Prepared Meals are Ripe with Opportunity 

According to Packaged Facts, marketers of plant-based meat products should focus on convenience when marketing to consumers, as regular consumers of plant-based meat and people who have not really eaten these products are more likely to look for prepared meal options when strapped for time.

"A top reason that consumers cite for buying any type of prepared meals is time savings. Incorporating plant-based meat into prepared foods is the ultimate convenience since consumers can have a complete meal at home or at a workplace with little effort," says Jennifer Mapes-Christ, Packaged Facts' food and beverage publisher.

Some small companies that make plant-based meat are focusing on prepared meals in addition to plant-based meat analogues that have to be cooked by the end user and added to...

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Nov 9 2:22 PM, General News


Tyson Foods Expands Raised & Rooted Brand to Europe

Tyson Foods, Inc. (NYSE: TSN) today announced the European launch of its plant-based protein brand, Raised & Rooted. This is the first expansion of the Raised & Rooted brand outside the U.S., in the brand’s pursuit to be the most loved alternative protein brand in the world.

“We’re thrilled to be launching Raised & Rooted in Europe, where there is a growing number of consumers who are adopting flexible diets,” said Brett Van de Bovenkamp, president of Tyson Foods Europe. “Our unique capabilities in R&D and innovation, combined with our international footprint and infrastructure makes us..."

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Nov 9 8:17 AM, General News


Getting Granular with Plant-Based Meat Substitutes: Opportunities for Grains, Oilseeds, and Pulses

Plant-based meat substitutes are a rapidly growing segment in an established and large consumer food market, attracting significant investments and consumer acceptance in recent years. Rabobank assesses the potential implications for the grains, oilseeds, and pulses sectors in different regions.

The focus of plant-based meat substitute producers to date has largely been on developing new products using existing ingredient bases and making use of established supply chains. “As consumer preferences start...

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Nov 4 8:19 AM, General News


Rabobank’s Food and Agri Innovation Fund Invests in Chickpea Protein Foodtech Company InnovoPro

InnovoPro, the plant-based ingredients innovator specialising in innovative chickpea proteins, has secured $18m from investors including Rabobank as part of a second funding round.

The Rabo Food & Agri Innovation Fund, part of Rabobank’s investment arm Rabo Corporate Investments, joined InnovoPro's B round funding as the global food ecosystem continues to evolve in response to the COVID-19 pandemic. The deal, which was led by Jerusalem Venture Partners (JVP), Israels leading VC fund and also included in its second closing ICOS Capital, collaborative venture capital firm...

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Oct 29 10:32 AM, General News


Prime Roots Launches Meals Featuring Plant-Based Proteins at Whole Foods 

Prime Roots, a plant-based meat producer will bring high quality, meat-free meals to eaters through their latest partnership with Whole Foods. Fresh off their sold-out bacon launch, Prime Roots understands that their community of eaters crave clean plant-based alternatives to their favorite meats, and the company is excited to showcase and let consumer try their Koji-based chicken, beef, and bacon in chef-prepared, convenient fresh plant-based meals. Customers can look forward to flavorful, protein-packed meals ranging from comforting classics like "Bacon" Mac and Cheese to exciting, unique flavors and dishes like their Hawaiian Shoyu Chicken.

Prime Roots leverages their natural Koji-based platform technology to create minimally-processed meals. Prime Roots meats are gluten-free and soy-free and are made with...

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Oct 29 8:21 AM, General News


Maple Leaf Foods Reports Third Quarter 2020 Financial Results

Maple Leaf Foods Inc. reported its financial results for the third quarter ending September 30, 2020.

"Maple Leaf continues to deliver on its responsibility as an essential service, its commitment to protect employees, and its support of local communities during these extraordinary times," stated Michael H. McCain, the Company's President and CEO. "I continue to be amazed and humbled by the steadfastness of our team and their ability to maintain critical infrastructure in the face of extremely challenging circumstances.

"Our operational resiliency, strong brands, and the success of our sustainable meat strategy delivered excellent results in Meat Protein in the third quarter," continued Mr. McCain. "While supply chain disruptions impacted short-term Plant Protein performance, we are seeing...

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Oct 28 9:34 AM, General News


Dr. Praeger’s Launches Refrigerated Veggie Burger Line

Dr. Praeger’s Sensible Foods announced their first refrigerated product line.

The Refrigerated Burger is debuting at Walmart and is available in two SKUs – Classic Veggie Burger and Chipotle Black Bean Veggie Burger. The new burgers feature the same veggie-forward look and flavor profile that Dr. Praeger’s customers know and love from fan favorites like the California Burger, and 13-16g of plant protein per patty. The Burgers are non-GMO, vegan and kosher certified.

After over 25 years in the frozen food aisle, Dr. Praeger’s is expanding to the refrigerated section to provide customers with nutritious and affordable veggie burger options no matter...

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Oct 27 3:39 PM, General News


Impossible Burger Debuts in Canadian Grocery Stores

Impossible Foods is making its plant-based burger available to home chefs in Canada in nearly 600 Sobeys Inc. banner stores beginning this week, including Sobeys, Foodland, Safeway, Thrifty Foods, IGA, IGA Extra, and the retailer’s online home delivery platform, Voilà by Sobeys.

Sobeys is the exclusive retailer of the Impossible Burger until February 2021, at which point the product will be available to purchase in all of Sobeys 1,500 family of stores across Canada.

“We are proud to be the first national retailer to bring Impossible Foods to Canada,” said Paul MacLeod, Vice President, Merchandising at Sobeys Inc. “We are always looking to find innovative products to keep...

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Oct 27 8:27 AM, General News


Marfrig and ADM Formally Launch PlantPlus Foods

Marfrig and ADM announced the completion of regulatory approvals and the formal launch of PlantPlus Foods, a joint venture that will offer a wide range of finished plant-based food products across North and South America.

“We’re excited to take this important step forward as we bring together the tremendous resources of two leaders in nutrition,” said Marcos Molina, founder and chairman, Marfrig. “PlantPlus Foods is born of two companies that had a common vision to create a new venture offering a complete portfolio of...

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Oct 27 8:26 AM, General News


Whole Foods Market Forecasts Top 10 Food Trends for 2021

Whole Foods Market global buyers and experts unveiled their top 10 anticipated food trends for 2021 in the retailer’s sixth annual trends predictions. Hard kombucha, upcycled foods, leveled-up breakfasts and jerky made from produce are among the food influences expected to take off in the next year.

Each year, a Trends Council of more than 50 Whole Foods Market team members, including local foragers, regional and global buyers and culinary experts, compile trend predictions based on decades of experience and expertise in product sourcing, studying consumer preferences and being on the frontlines with...

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Oct 22 8:07 AM, General News


PODCAST: I’ll Have What He’s Having - Jorge Azevedo on Plant Proteins

In this week’s episode of Market Digest Laura sits down with Jorge Azevedo, Chief Growth Officer at Planterra Foods. They discuss the growing popularity of flexitarian diets, plant protein at QSRs, bringing plant protein foods into the spotlight, and much more...

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Oct 21 11:10 AM, Urner Barry


Impossible Foods Debuts in Asian Grocery Stores 

Impossible Foods is making its award-winning, plant-based meat available to home chefs in Asia in nearly 200 grocery stores across Hong Kong and Singapore, the first time Impossible Beef Made From Plants has been available for home chefs outside of the United States.

Starting this week, Impossible Beef will roll out at nearly 100 PARKnSHOP banner stores across Hong Kong, including PARKnSHOP, FUSION, TASTE, food le parc and GREAT FOOD HALL. It’s also available for delivery through parknshop.com.

In Singapore, Impossible Beef will start rolling out this week at nearly 100 NTUC FairPrice stores, including...

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Oct 21 8:17 AM, General News


Eat Just and Proterra Asia Partner on JUST Egg Protein Facility and Expansion

Eat Just, Inc. announced a partnership with a consortium led by Proterra Investment Partners Asia Pte. Ltd. (Proterra Asia), an investment management firm focused on the food and agribusiness sectors, to meet demand for the plant-based JUST Egg in Asia.

The consortium will invest up to $100 million and Eat Just will invest up to $20 million to build and operate their first-in-Asia, and largest, plant protein production facility in Singapore. The resulting Eat Just subsidiary, to be known as Eat Just Asia, will serve JUST Egg manufacturing and distribution partners across Asia.

The partnership combines Eat Just’s proprietary protein separation technology, leadership and innovative business model with...

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Oct 21 8:16 AM, General News


Coronavirus Changing Eating Habits of Vegan, Vegetarian, and Flexitarian U.S. Consumers

The majority of U.S. consumers report eating more comfort foods, snacks, and treats because of the coronavirus, reports market research firm Packaged Facts in a new study. Some consumers are eating more healthily and more locally produced foods, while a smaller portion are eating less healthily, less fresh produce, and more processed foods.

"The coronavirus has had an impact on consumer eating habits, with some tending toward less healthy foods, while others are experiencing the opposite and hunkering down with healthier foods," says Jennifer Mapes-Christ, food and beverage publisher for Packaged Facts.

Vegans, who already tend to think they eat a healthy diet, are most likely to report eating...

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Oct 21 8:15 AM, General News


Soy Protein: An Introduction and Import Assessment

If you are like a growing number of shoppers across the globe, checking the ingredients label on the back of food items has become instinctual. One such ingredient, soybeans and further processed soybean powders (like flours, concentrates, and isolates), have garnered increased media attention partly associated with its use in a growing number of novel, plant-based products. Generally, goods containing soy are considered either “traditional soyfoods” which use whole soybeans in the creation of more obvious items like soy milks, tofu, and soy sauces or “formulated foods” which contain concentrated forms of soy protein in products including comminuted meats, protein bars, soups, cereals, frozen desserts, and meat analogues.

Like peas and lentils, the soybean (Glycine max) is a species of legume plant and has numerous invaluable production applications. Most widely grown in...

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Oct 20 10:41 AM, Urner Barry




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