Plant-based dairy company Misha’s is attempting to do what countless independent musicians, moviemakers, and creatives have done over the last decade – crowdfund its next endeavor, including distribution at Walmart.
The multinational dairy co-operative has outlined three global trends, with fusion cuisine, hybrid foods and plant-based alternatives taking center stage.
As part of a pivot to a more asset-light supply chain strategy, Oatly has struck a deal with Toronto-based Ya YA Foods to co-manufacture Oatly products in Utah and Texas in a bid to reduce capex and improve cash flow.
While almond milk and oat milk dominate the plant-based milk category in the US, Hope & Sesame sesame milk – which has a creamy texture and comparable protein levels to dairy milk (with the addition of some pea protein) – is gaining traction, generating...
New data from IRI and SPINS shows continued steep declines in sales of refrigerated meat alternatives but pockets of growth in frozen products and some plant-based milk, cheese, and yogurt subcategories, which do not all behave in the same way (spoiler...
Santiago-based NotCo – a food tech company deploying a proprietary artificial intelligence (AI) platform called ‘Giuseppe’ to bring a new level of sophistication to the formulation of meat and dairy alternatives – has raised $70m in a series D1 round*...
New shopper data from Kroger’s partner 84.51° shows that plant-based meat and dairy products are displacing animal products, albeit on a very small scale; while consumer survey data from 84.51° and the Plant Based Foods Association shows that personal...
The ‘vegurts’ can be stored outside the fridge and recipes can be tweaked to meet different formulation objectives – from low-fat and low-sugar to textures and flavors.
Oatly has unveiled a cost-cutting plan after posting another disappointing set of results, with a $107.9m net loss on net revenues up 7% to $183m in the third quarter (+16.7% to $199.7m on a constant currency basis), with gross profit margins of just...
Nutrient quality in plant-based beverages should be considered on a par with sustainability credentials, researchers say as they assessed the quality as well as quantity of micronutrients in common plant-based drinks.
SPINS data shared with FoodNavigator-USA ahead of our Futureproofing the Food System virtual summit (Nov 15-17) shows a mixed picture for US retail sales of plant-based cheese, with overall dollar sales down -2.3% to $218.94m and unit sales down -3.6%...
The multi-national has pledged to improve the nutritional values across its plant-based drinks portfolio as part of a range of measures that will include investing US$22m in various initiatives to promote health and wellbeing.
Barely registering in the US plant-based milk category five years ago, oatmilk now occupies the #2 spot in the retail market behind almondmilk in a subsegment with offerings from deep-pocked multinational beverage and dairy companies to pure-play plant-based...
Nextferm, an Israeli company focused on fermentation technology, has announced a production deal for one of its flagship ingredients branded as ProteVin vegan protein.
While sales of refrigerated plant-based meat may be slowing, shares of some plant-based milk brands are slipping and consumer response to a handful of new products are tepid at best, industry leaders argue the party is far from over for the overall plant-based...
The “huge bet” SunOpta has placed on oatmilk through an aggressive series of investments in production capacity “has absolutely paid off,” says CEO Joe Ennen as the firm gears up to open a new aseptic production facility in Midlothian, Texas and expand...
It’s easy to see the grim P&L figures at Beyond Meat and Oatly and the recent lackluster performance of some refrigerated meat alternatives in US retail as proof that the entire ‘alt protein’ space is a busted flush, but the real picture is more nuanced,...
Oatly posted a $72m net loss on net revenues up 21.8% to $178m in the second quarter of 2022, slightly under analysts’ expectations, with gross profit margins of 15.8%, a figure CEO Toni Petersson insisted would rise over time as the Malmö-based oatmilk...
As consumer interest in ‘plant-based’ products has grown in recent years, so too have products proudly proclaiming their status as such – but what does the term actually mean, and how influential is it really?
US retail sales of plant-based milk rose +6.4% to $2.299bn in measured channels* in the year to June 12, 2022, driven by double-digit growth in oat milk and pea milk, according to new data shared with FoodNavigator-USA from SPINS.
While the meat alternatives category is suffering from some growing pains, investors’ enthusiasm for dairy alternatives continues unabated, with plant-based dairy specialist Eclipse Foods this week announcing a $40m series B round* led by Sozo Ventures,...
Vienna’s Fermify claims its digitised production platform delivers casein proteins with the same superior functional properties and nutritional profile of real cheese and allows producers to produce cow-free cheese at scale.
Worth an estimated $1.94b globally in 2020 and slated to grow at a compound annual rate of 17.7%, according to Research & Markets data*, the plant-based yogurt category is hitting its stride, even as manufacturers struggle to balance nutrition, mouthfeel...
While growth in US retail sales of refrigerated plant-based meat has slowed, investors are still pouring large amounts of cash into startups creating alternatives to meat, eggs, and dairy products with plant-based and fermentation-based approaches, and...
For cheesemaker Bel Brands USA, the fast-growing plant-based movement is not a threat to the “natural dairy goodness … at the heart of our cheeses,” but an opportunity to better live its motto – “for all for good” – by dramatically expanding its non-dairy...
Protein Industries Canada has announced a new project to leverage the combined strengths of Lumi Foods (legacy brand Blue Heron Creamery), Winecrush Technology and Save-On-Foods to enhance Canada’s plant-based cheese market.
Oats continue to experience year-over-year gains in the non-dairy revolution, but expect other nuts and grains to push for space in the dairy aisle this year.
A leading player in plant-based dairy with its Silk and So Delicious brands, Danone North America has made significant strides in improving the taste and texture of plant-based cheese, yogurt, and milk over the past 12 months, says chief research &...
If plant-based dairy is going to go truly mainstream, brands need to reach consumers that right now, are not engaging in the category at all, says Santiago-based NotCo, which says most people don’t want to buy three different plant-based milks for different...
Can we reverse engineer every dairy product and rebuild it with plants, molecule by molecule, or are there some applications such as yogurts or cheese where plants just don’t deliver the taste, functionality, or nutrition consumers are looking for?
Axiom Foods has introduced its AvenOlait 2.0 oat ingredient, which is claimed to offer manufacturers of dairy alternatives enhanced functionality and nutrient density, facilitating the "next big wave" of oat-based dairy alternatives.
Non-dairy brand Miyoko’s Creamery announced a partnership with Farm Sanctuary to help California dairy farms transition to plant-based operations. They think it’s a win-win opportunity for a sustainable future.
Brazilians are hungry for meat-free foods with the taste and texture of meat - and quinoa patties won't cut it anymore, says the Good Food Institute (GFI). It shares advice for new product development and marketing strategies for plant-based products.
PepsiCo’s popular snack and breakfast brand Quaker Oats is bringing its namesake to the plant game with a new line of oat-based drinks, launching early in 2019.
