Alpha Foods is shrugging off a challenging year for the plant-based meat market, as it expects to receive a boost with the help of a recent licensed partnership with the creators of the Chicken Run film franchise, Shingly Lee, director of marketing for...
Consolidation in the plant-based meat market -- like in the case of Alpha Foods (Alpha) this week -- will likely continue into the foreseeable future, Miri Eliyahu, senior research analyst at Euromonitor, told FoodNavigator-USA.
Plant-based food brand Alpha Foods has raised $28m in a funding round led by VC fund AccelFoods and supported by New Crop Capital, Green Monday and Blue Horizon, bringing its total funding to around $40m.
The new wave of ‘fresh’ plant-based meats from brands such as Beyond Meat and Impossible Foods might be grabbing all the headlines, but there is still a “massive opportunity” in the freezer aisle for quick and convenient plant-based products from pizza...