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REPORTER: As Plant-Based Demand Skyrockets, Innovators Think Beyond the Burger
This article was originally featured in the Summer 2021 Edition of Urner Barry's Reporter magazine.
There is no doubt that burgers and sandwiches are the most popular items ordered by consumers when dining out. In fact, according to the NPD Group, burgers were included in 13.5% of all restaurant orders in the year ending 2020, which translates into 7 billion servings of burgers. Chicken sandwiches were included in 6.7% of all restaurant orders in the U.S., which amounts to 3.5 billion servings. With that in mind, it comes as...
Gathered Foods Secures Over $26 Million in B-2 Bridge Funding to Grow Good Catch Plant-Based Seafood
Gathered Foods is continuing to grow. The makers of Good Catch plant-based seafood announced this week that they’ve secured $26.35 million in B-2 bridge funding with investments from Louis Dreyfus Company, Unovis Asset Management, Big Idea Ventures and others. According to the company, the funding will allow them to “further propel Good Catch plant-based seafood to the forefront of the industry, as well as raise awareness for the trajectory of the plant-based industry’s market growth...
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