The plant-based meat market could grow by providing options to omnivores and consumers embracing a high-protein, low-meat diet, the Good Food Institute (GFI) shared in its annual State of the Industry report.
Sustainability and future-proofing the food system
Alternative proteins hold significant potential to help combat climate change by offering a more environmentally sustainable alternative to animal agriculture – a benefit that could help them unlock much-needed funding and strategic support to refine...
Sustainability and future-proofing the food system
Improving the sustainability of the food system is no longer optional from an optics and long-term business perspective, but short-term challenges – including consumer engagement – threaten immediate and mid-range returns and margins, complicating the...
Sustainability and future-proofing the food system
With between a quarter and a third of human caused greenhouse gas emissions linked to food production and climate change intensifying to a point that its impacting how, where and when key crops are grown, improving sustainability in the food system is...
What's behind the recent slow down of the plant-based meat category? According to new research from Deloitte, there are several factors at play including a more limited addressable market, the pressure from inflation, and questions around the products'...
Fresh off closing a $3.9m seed funding round* led by Unovis Asset Management, Paragon Pure is debuting its OléPBM alternative fat technology made from rice bran oil, which it claims outperforms palm and coconut oils in plant-based meat products.
From 'whole cuts' of seafood from fungi, to plant-based lamb, to highly functional proteins from brewers' spent grains, here's a quick snapshot of some of the alternative protein startups participating in a virtual pitch slam at last...
Oatmilk or oat drink? Plant-based cheese or cultured nut product? A report from the House Committee on Appropriations “encourages the FDA to provide clarity around the labeling of plant-based foods that use traditional meat, dairy, and egg terminology,”...
Sales of plant-based foods that directly replace animal products - including meat, seafood, eggs, dairy, condiments and meals containing plant-based alternatives - grew by 27% to $7bn in measured channels in the year to December 27, 2020, according to...
Impossible Foods is gearing up for market entry in Europe, China and Brazil; Beyond Meat is looking at “any and all plant-based protein sources” as it expands its ingredient toolbox; Meati Foods is preparing to launch fungi-based steaks, and Planterra...
Where is the plant-based meat category heading, and how reliable are some of the predictions out there about how much this market could be worth over the next 10-15 years?
Looking back, spring 2020 was not the ideal time to debut in grocery retail, observes Planterra Foods CEO Darcey Macken, who was gearing up to make a splash in the plant-based meat set in mid-April with the OZO brand before a certain pandemic threw a...
As the plant-based food sector continues to grow (up 11% in dollar sales in 2019 to $5bn), the category has become an integral part of many grocery retailers’ store assortments, marketing, and promotional strategies, according to The Good Food Institute...
While 42 out of the top 100 US restaurant chains still don’t offer a plant-based entrée, new data from NPD Group commissioned by the Good Food Institute (GFI) shows US shipments of plant-based meat from major broadline foodservice distributors to restaurant...
A federal bill that would require plant-based and cell-cultured meat products to be labeled as ‘imitation’ meat has been welcomed by beef producers and slammed by plant-based meat advocates, as the row over terminology in the burgeoning space heats up.
Virginia-based Nutriati has commercialized what it claims is the world’s first textured chickpea protein, providing plant-based meat formulators with a Non-GMO protein source that rivals soy, wheat, and peas in the functionality and nutrition stakes,...
A law (Act 501) coming into force in Arkansas on July 24 puts plant-based brands between a rock and a hard place by restricting the use of 'meaty' terms to products derived from slaughtered animals, alleges a new lawsuit filed by Turtle Island...
US retail sales of plant-based meat were up 9.6% to $801.1m in the 52 weeks to April 21, 2019, significantly outpacing growth in conventional meat sales (+2%), although the pace of growth has decelerated from the previous year, when plant-based meat sales...
From 2009 to 2018, $17.1bn ($13bn within the past two years) has been poured into the plant-based food industry from 229 unique investors and 233 completed deals, according to an annual report published by the Good Food Institute, which foresees even...
'People will start to see plants as filling and delicious, providing protein and satiety...'
High-profile launches notwithstanding (the Impossible Slider is now at White Castle and the Beyond Burger is at TGI Fridays) 45 out of the top 100 restaurant chains in the US still don’t offer a plant-based entrée, according to the Good Food Institute’s...
US retail sales of plant-based meat up 23% year on year
The notion that plant-based or cell-cultured meat will only ever capture a minority share of the conventional meat market is based on a false premise, says Impossible Foods, which is developing plant-based products seeking to precisely mimic the flavor,...
As the debate over labeling conventions and regulatory frameworks intensifies in the burgeoning cell-cultured meat arena, a group of start-ups seeking to grow meat from cells without slaughtering animals has agreed to form an industry trade association...
Cell-cultured and fermentation-based milk proteins, egg whites and meat are creating novel challenges for food marketers and regulators, but as long as products are safe and shoppers are not being misled, regulators should not stymie innovation by favoring...
The Good Food Institute (GFI) – a non-profit representing players in the plant-based and cultured meat sectors – has written to the House Appropriations Committee asking that it strike a passage in the agriculture appropriations bill requiring the USDA...