IFF has unveiled SUPRO TEX, a shelf-stable textured protein made via low-moisture extrusion claimed to deliver “a texture to meat alternatives close to what a high moisture extruded product is able to deliver,” at a significantly lower cost.
While sales of plant-based products across the board continue to slide, consumer data from Evergi shows at least one segment is bucking the trend – frozen meals and bowls – an area into which the fast-growing vegan brand Strong Roots is eagerly expanding...
Six days after settling their lengthy legal dispute over the early termination of a supply contact, Don Lee Farms and Beyond Meat have resolved their differences over a separate lawsuit* in which Don Lee accused Beyond Meat of over-stating the protein...
Motif FoodWorks has suffered a setback in its dispute with Impossible Foods over meaty-tasting heme proteins in meat alternatives after the US Patent and Trademark Office (USPTO) rejected its request for an inter partes review of the patent at the center...
Beyond Meat is rolling out its latest innovation - Beyond Steak - at Kroger and Walmart stores nationwide, as well as at select Albertsons and Ahold divisions and other retailers across the country.
Beyond Meat and former co-packer Don Lee Farms have agreed to settle an ugly five-year legal dispute prompted by the early termination of a supply contract in spring 2017.
PURIS - which recently opened a facility in Dawson, Minnesota that more than doubled its production capacity, cementing its position as the leading supplier of pea protein in North America - has moved into new territory with its first consumer brand dedicated...
Loss-making plant-based meat co Beyond Meat - which is currently squaring up to former co-packer Don Lee Farms in a trial in L.A. - has unveiled plans to lay off approximately 200 employees (19% of its global workforce) in a bid to cut costs and achieve...
Nestlé is expanding its toehold in the highly fragmented but fast-growing smoothie category with the launch of Outshine Smoothie Cubes, which it says will stand apart from the competition by offering added convenience in both format and distribution....
While plant-based is still one of the hottest trends in food and beverage, sales and consumer engagement with alternative proteins have slid in recent quarters – prompting some players in the space to rethink their strategy.
In a restructuring announced days after meat giant JBS revealed plans to close its Planterra Foods plant-based meat division, impacting 121 jobs, Impossible Foods is eliminating approximately 6% of roles at the company (under 50 staff) in a move it claims...
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.
Meat giant JBS has pulled the plug on its US plant-based meat division Planterra Foods just over two years after debuting the ‘OZO’ brand at Kroger in summer 2020, and is closing a 189,000 square foot factory it opened in Denver in December 2021.
Plant-powered culinary brand Wicked Kitchen has raised $20m in bridge funding from backers including actor and vegan activist Woody Harrelson, Ahimsa VC, and NRPT (Thailand's leading food producer and innovator).
The popularity of oat milk as a dairy-free alternative has soared over the years, prompting manufacturers to look at ways to ramp up production. A novel enzyme developed by DSM promises to improve production efficiency by reducing hydrolysis time.
Santiago-based NotCo - which claims to offer superior products in the alt meat set through the use of an artificial intelligence platform called ‘Giuseppe’ - is gearing up to enter the increasingly crowded US plant-based chicken category with NotChicken,...
Days after suspending COO Doug Ramsey following an alleged assault, Beyond Meat says chief supply chain officer Bernie Adcock – who joined the beleaguered plant-based meat co with Ramsey in December 2021 from Tyson Foods – has informed bosses of his plans...
Billed as a “first-of-its kind, category-disrupting product,” the Beyond Carne Asada Steak – the fruit of an 18-month partnership between Beyond Meat and Taco Bell - will be tested in Taco Bell locations in Dayton, Ohio, from October 13 for a limited...
Novozymes is increasing its investment into alternative proteins, specifically its portfolio of enzyme solutions that can be used for the production of alternative protein food and beverage products, which it is expecting to become a significant driver...
Plant-based meat alternatives continue their downward slide with sales, units and volume all dropping in July from a year ago – a trajectory that IRI data crunched by 210 Analytics shows was set in motion months ago, but which doesn't shake at least...
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...
The alternative costs up to 50% less than the real thing but delivers the functional benefits that ice cream makers have come to expect from the sought-after natural stabilizer.
The long-term imperative driving meat alternatives is clear: We only have one planet, with a growing population and finite resources, and raising animals to feed them all just takes up too many of them, says Tom Mastrobuoni, chief investment officer at...
Nextferm, an Israeli company focused on fermentation technology, has announced a production deal for one of its flagship ingredients branded as ProteVin vegan protein.
Wicked Kitchen – a plant-powered brand with a distinct culinary bent developed by chefs Derek and Chad Sarno – has acquired plant-based seafood brand Good Catch (also founded by the Sarno brothers), which CEO Pete Speranza says is “100% accretive” and...
The Memorandum of Understanding (MOU) is an agreement to build a facility for the cultivation and production of microalgae-based protein and related products for the food and beverage industry.
Panda Express is rolling out Beyond: The Original Orange Chicken – a “plant-powered” entrée co-developed with Beyond Meat – to 2,300+ US locations until November 30, while supplies last, following a successful small-scale trial in 2021.
“12-18 months ago, refrigerated plant-based meat was growing at three times frozen and we were thinking should we try and jump into that?” recalls Bob Nolan, SVP demand science at Conagra Brands, which acquired alt meat brand Gardein in 2018 via the acquisition...
Having experienced an average +30% YoY growth in 2019 and 2020, the alternative meat category slowed to flat YoY growth in 2021, with industry leaders such as Beyond Meat seeing negative growth in measured channels.
US retail sales of meat alternatives in measured channels tell a tale of two temperature states. Dollar sales of refrigerated meat alternatives are declining in double-digits, while frozen products are growing in the high single digits, according to IRI...
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...
Fresh research suggests that vegetarian women face a higher risk of hip fractures. While lead author James Webster stresses that not all vegetarian diets are of equal nutritional quality, he notes some commonalities that could contribute to this increased...
As consumers become more familiar with plant-based alternatives to animal products they are becoming more sophisticated in how they evaluate their options and less willing to compromise on nutrition, taste, texture and variety – pushing industry to find...
A lawsuit* recently filed by former co-packer Don Lee Farms accusing Beyond Meat of “grossly” overstating the protein in its products is motivated by “personal vendetta" and should be seen as a “transparent attempt to gain leverage” on the eve of...
Beyond Meat – which has just posted another grim set of quarterly figures driving its share price down to new lows – is gearing up for a showdown with former co-packer Don Lee Farms at a court in Los Angeles with a trial date scheduled for September 26.
Beyond Meat CEO Ethan Brown faced another grilling from analysts on the firm’s Q2 earnings call Thursday after posting a $97.1m net loss on net sales of $147m, lowering guidance for the full year from $560-$620m to $470m-$520m, and cutting 4% of its global...
Boston-based food tech firm Motif FoodWorks has promoted its CTO Dr Michael Leonard to the role of CEO, effective immediately, as current CEO Jonathan McIntyre moves to an advisory role in the company.
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...
Despite the difficult economic reset underway in the capital markets and lingering supply chain challenges, rising inflation and the growing threat of a recession, investors are still interested in the food and beverage space, according to one investment...
Fungi-fueled startup firm MyForest Foods (formerly Atlast Food Co) has started commissioning ‘Swersey Silos,’ a new production facility in Green Island, New York, which will start churning out meaningful quantities of mycelium-based meat by the end of...
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?
The IFT First 2022 show floor was abundant with companies touting their upcycled ingredients and other exhibitors highlighting plant-based meat and dairy innovation. Take a look at some of the trends highlighted at the show this year.
Israeli start-up Gavan Technologies has developed a novel continuous extraction method that utilises the entire plant. FoodNavigator caught up with CEO Itai Cohen to learn more.
Two incompatible trends – increasing interest in seafood and climate change – are opening the door for the alternative seafood market, but for this emerging segment to reach its full potential, stakeholders must better align their go-to ingredients with...
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.
So-called ‘alternative proteins’ – from upcycled barley and canola protein to animal-free whey made in fermentation tanks using genetically engineered microbes – were a hot topic at IFT First in Chicago. But with US retail sales of some meat alternatives...
The next generation of brands, ingredient suppliers and processors are placing sustainability at the center of how they do business and making it easier for their partners to do the same as illustrated by the companies showcasing in the Startup Pavilion...
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,...
Startup Lus Oasis is joining the race to develop and scale whole cut plant-based meat – the holy grail of the alternative protein segment – with the creation of Alchemeat, which uses a patented high-moisture extrusion process to recreate the “firm and...
