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Leading Food Firms Create Dedicated Teams for Plant-Based Products
A four-year investor engagement with 25 giant food retailers and manufacturers, led by the FAIRR investor network, has found that two in five global food giants with combined annual revenues of $459 billion now have dedicated teams to develop and sell plant-based alternatives to meat and dairy; with Tesco and Unilever ranked top.
New research shows that over $1.1 billion of venture investment has flowed into alternative proteins in the first half of 2020, more than double last year's total investment ($534 million). The alternative protein market is expected to grow to...
Australia: Unilever Relocating Weis Ice-Cream Production
Unilever has announced plans to move the production of its Weis Ice cream business from Queensland to New South Wales, local press reports.
In 2017 Unilever acquired Weis, an Australian ice cream and frozen dessert manufacturer. Its range features a variety of ice cream formats including single bar, multi-pack bars, dairy-free sorbet tubs and frozen yogurt tubs.
It is understood Unilever made the decision to close the factory after a review of its Australia and New Zealand ice cream business. The Toowoomba, Queensland facility is...
Update: Current List of Plant Closures Due to COVID-19
Beyond Meat Reports Second Quarter 2020 Financial Results
Under HEALS Act, Over Half of Restaurants Ineligible for PPP Loans
After Steep Declines, U.S. Foodservice Industry Set to Rebound to Pre-Pandemic Levels by 2023
Tyson Foods Launches New, Nationwide COVID Monitoring Strategy; Expands Health Staff
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