Allergen-friendly plant-based cheese brand GOOD PLANeT Foods has raised $12m in a series A round led by Cleveland Avenue, and supported by GreatPoint Ventures, Tasseo Consumer, Stray Dog Capital, and Lever VC.
New data from the Plant Based Foods Association (PBFA) and SPINS shows that US retail sales of plant-based meat, cheese, tofu, and tempeh outpaced total food retail sales for the 16 weeks ending April 19, 2020.
The uneven impact of the coronavirus on sales of food and beverage brands of different sizes has created an opportunity for smaller and emerging companies to drive consumer awareness by advertising on Amazon at a scale that previously would not have been...
Apeel Sciences – the Santa Barbara-based firm behind an invisible plant-based edible skin that can dramatically extend the shelf-life of fresh produce – has raised $250m in a funding round led by GIC that gives it a valuation north of a billion dollars.
With many food manufacturers experiencing difficulties in sourcing some ingredients during the pandemic, the FDA is allowing temporary flexibility in food labeling requirements enabling them to make minor formulation changes without updating labels, provided...
Rebellyous Foods – a Seattle-based startup that has been targeting high-volume foodservice accounts with plant-based chicken nuggets – has made a dramatic pivot to retail with the launch of family-packs at select retailers in the Pacific Northwest.
Seaweed is well established as a source of thickeners and emulsifiers such as carrageenan and agar and has carved out a small segment of the healthy snacks aisle, but it could also give rivals a serious run for their money as a source of plant-based protein,...
Plant-based dairy brand Miyoko’s Creamery – which built an artisan cheese brand based on cashew nuts but has since introduced new products featuring legumes and oats - is experimenting with a novel ingredient that’s naturally high in protein, and developing...
Nearly a quarter (24%) of consumers have taken their grocery shopping online in the months of March and April 2020 compared to 6% in 2019 highlighting the need for retailers to provide a seamless shopper experience between in-store, pickup, and delivery...
Reports arguing high dose Vitamin D supplementation could treat COVID-19 are based on speculation and are a risk to public health, warns a team of scientists from across the globe.
Hormel Foods saw organic net sales increase 20% for its grocery products (SPAM, SKIPPY, Hormel chili, and Hormel Compleats microwave meals) and registered a 12% rise in net sales for Jennie-O Turkey products offsetting a decline in foodservice sales in...
The boom in hemp cultivation after the passage of the 2018 Farm Bill has created a supply bulge that the industry is still working through, observers say.
New claims creeping into the hemp/CBD space are indicative of the some of the unsolved regulatory issues that continue to distort the market. These include claims of ‘zero THC’ and ‘no CBD isolate.’
The economic uncertainty caused by the coronavirus has pushed many investors into a protective mode that precludes new deals, but raising capital during the pandemic still is possible – it just requires entrepreneurs to more clearly define their value...
