Oatmilk has taken off like a rocket ship over the past couple of years. However, US retail sales of almondmilk - which accounts for two thirds of category sales – grew a solid 16.9%* last year in measured channels, with market leader Almond Breeze posting...
A new early-stage venture capital fund sees significant upside for financing food and beverage startups that may be too small for many other VC investors, but which in a few years could help meet “pent up demand” for innovation from large CPG players...
MeliBio, the Berkeley-based startup claiming to make real honey without bees, has closed $850,000 in pre-seed funding as it gears up for a soft launch supplying food service companies with its vegan honey as a branded ingredient later this year.
No longer seen as the budget option by consumers, private label brands are continuing to differentiate themselves from national brands in quality and innovation, according to private label market research firm Daymon.
US retail sales of plant-based milk surged 21.9% to $2.542bn in measured channels in the year to Jan. 24, 2021, while sales of plant-based cheese and yogurt (far smaller categories) were up 43.6% to $233.9m and 16.4% to $346.2m respectively in the year...
Sales and the amount of meat consumed at retail in the US increased double digits in 2020 over the prior year while household penetration held steady at 98.4%, despite an increase in flexitarians and a drop in meat-eaters, according to recently released...
Indoor vertical farming company, AeroFarms, has entered an agreement to merge with Spring Valley Acquisition Corp to become a publicly traded company on the NASDAQ in a transaction that's expected to close in the second quarter.
Yet another new player has emerged in the burgeoning alternative protein space, this time touting a novel Non GMO complete protein sourced from a single-celled marine microorganism, which it claims can give animal and plant proteins a run for their money.
On track to becoming one of the largest plant-based food companies in the world, LIVEKINDLY Collective has closed additional funding to scale its company into targeted key regions including the US and China.
The coronavirus outbreak fundamentally changed how food and beverage brands are connecting with consumers – from abruptly halting live sampling and in-store promotions to altering the types of messaging consumers want to hear.
Approaching one year since buying KRAVE back from Hershey, founder of Sonoma Brands Jon Sebastiani says he and his team have been hard at work to re-establish the brand back to its dominant premium positioning within the meat snacks category while regaining...
The Campbell Soup Co. is flipping the script on “diversity and inclusion” to focus first on inclusion on the grounds that an inclusive environment will better attract and sustain diversity.
Plant-based energy bar brand Quantum Energy Squares has closed $2.5m in funding to ramp up brand awareness, and has brought on Major League Soccer (MLS) All-Star, US Soccer Male Athlete of the Year, and MLS Cup MVP, Jozy Altidore as an investor.
Marking its largest single fundraise to date, Eat Just Inc. has closed $200m in new funding led by a group of global investors to drive growth and capacity of JUST Egg and GOOD Meat Cultured Chicken.
“By 2035, every tenth portion of meat, eggs, and dairy eaten around the globe is very likely to be alternative,” says a new report from Boston Consulting Group and Blue Horizon Corporation predicting alternative proteins could account for 11% ($290bn)...
