Browsing tag

future food solutions

Chilean Plant-Based Food Tech NotCo To Hit US$250M Valuation

3 Mins Read Santiago-based plant-based meat and dairy maker NotCo will soon be worth US$250 million after reports that it is about to close an US$85 million funding round. Since the launch of its plant-based mayonnaise product, the brand has developed vegan milk, ice cream and burgers. Having a strong presence in Latin America, the food tech hopes […]

Big Food: 40% Have Dedicated Plant-Based Teams, Plus Other Key FAIRR Report Findings

3 Mins Read A new report by collaborative investor network FAIRR has found that nearly half of the world’s biggest food retailers and manufacturers have set up teams dedicated to developing and selling plant-based food products. Tesco and Unilever ranked the highest in terms of its commitment to shifting its portfolio towards plant-based, according to the analysis.  40% […]

Meet The Students Working On 3D Printed Plant-Based Salmon Fillet

4 Mins Read A team of students, known as Legendary Vish, are now developing 3D printed plant-based salmon. After working on 3D printing processes for medical technologies as a part of their doctorate projects, the group began modifying the technology to print plant-based proteins and binders in a structured seafood fillet format, something that most vegan seafood alternatives […]

Tong Kee Bao Dim Launches 4 Vegan Omnipork Dishes Across Hong Kong

3 Mins Read After a series of partnerships with mainstream F&B brands, Hong Kong’s Green Monday, the group behind the famed Omnipork, is now joining hands with the city’s dim sum chain Tong Kee Bao Dim to launch four new vegan-friendly dishes made with the pork mince analogue. The new dishes will be available across all 100 locations […]

Gardein Launches New Line Of Plant-Based Meat Soups & Vegan Jerky

3 Mins Read Canadian plant-based meat brand Gardein has just launched a new line of plant-based soups with its meat alternatives such as chicken and beef. It has also debuted vegan jerky products in various flavours. Plant-based analogues such as Gardein’s have grown in popularity, particularly in recent months in the wake of the coronavirus as consumers prioritise […]

Cargill Launches AltProtein Meat-Free Brand PlantEver For Chinese Consumers

2 Mins Read Following its partnership with fast food giant KFC to launch chicken-free plant-based nuggets in China earlier this year, Cargill will now be debuting its own consumer facing plant-based meat brand. Called PlantEver, the new brand will offer Chinese consumers a range of plant-based alternatives, with its first two products slated to launch this July.  Controversial […]

Grounded Foods Secures US$1.74M Seed Funding For Fermented Vegan Cheese

3 Mins Read Los Angeles-based vegan cheese maker Grounded Foods has recently announced that it has closed a US$1.74 million seed funding round led by alternative protein venture capital Stray Dog Capital. The startup says it will be using the capital to scale-up production and distribution of its fermented cauliflower and hemp seed plant-based cheeses.  Announced on Monday […]

Supermarket Shelf: Plant-Based Meat Sales 23% Higher When Placed Next To Meat

3 Mins Read A new study by U.S. supermarket chain Kroger and trade association Plant Based Foods Association (PBFA) has found that plant-based meat sales increased by 23% when those items were sold in the meat department. The research, which shows that consumers now expect plant-based meat to be placed in the conventional meat section, proves that the […]

Vegan IPO: Plant-Based Companies Follow Beyond Meat To Go Public

3 Mins Read Since Beyond Meat went public on the New York Stock Exchange just over a year ago, two more plant-based food techs have followed suit. In mid-June, The Very Good Food Company, the parent company of The Very Good Butchers, began trading on the Canadian Securities Exchange, making them the second vegan company to be publicly […]

Meati Foods Plans DTC Launch For Fungi-Based Steak After Secret Restaurant Trial

3 Mins Read Meati Foods, a Colorado-based food tech, is now planning to roll out its vegan fungi-based steaks directly to consumers later this year. It follows its successful secret launch in foodservice, which drew in positive reviews from customers. While other plant-based food techs such as Beyond Meat and Impossible Foods have replicated ground meats and burger […]

South Korea: Vegan Population Triples As Plant-Based Market Explodes

3 Mins Read Recent data is showing that like the rest of the world, South Korea’s plant-based movement is picking up speed. From the numbers of vegans to flexitarians, more consumers are opting to ditch meat for plant-based substitutes – especially in the wake of the coronavirus crisis, which has exposed the health dangers and unsustainable nature of the […]

Chinese Confectionery Firm Multizen Invests In Vegan Dairy Startup Ripple Foods

3 Mins Read Multizen, one of the largest B2B confectionery and snack companies in the Greater China region, has recently announced investment into Californian vegan pea-based dairy brand Ripple Foods. It marks Multizen’s first sustainable impact investment into startups providing disruptive food solutions and comes as the plant-based trend takes off in Asia.  Leading OEM confectionery and snack […]

Let’s Plant Meat Launches Vegan Burger Patties Across Thailand

3 Mins Read Let’s Plant Meat, a Chiang Mai-based startup, has just launched its first plant-based burger product across major supermarket chains in Thailand, including Gourmet Market, Rim Ping and Tesco Lotus. The homegrown startup says that its products – which retail for half the price of plant-based meat alternatives imported from the U.S. – will help make […]

Canada: Trudeau Announces $100M Investment Into Plant-Based Protein Production

3 Mins Read On Monday (June 22), Canadian prime minister Justin Trudeau announced that the federal government will be investing CAD $100 million (US$74 million) into Merit Functional Foods, a Canadian company specialising in plant-based protein production. In his announcement, Trudeau says that the investment represents an opportunity to create employment in the fast-growing plant-based industry.  Speaking from […]

GFI APAC Reveals Top 100 Players In Asia’s Alternative Protein Industry

5 Mins Read The Good Food Institute Asia-Pacific (GFI APAC), a nonprofit supporting the alternative protein ecosystem, has just announced its list of top players in the region’s rapidly growing industry. Titled “2020 Asia Alt 100”, the list includes startups, organisations, investors, suppliers disrupting the food system, and identifies raw materials and food production as key opportunities for […]