Browsing tag

plant based meat industry

Global Food System Carbon Footprint Will Worsen, Transition To ‘Plant-Based Food Inevitable’ Says Credit Suisse Report

5 Mins Read In a new report on the investment case for a sustainable food system, analysts say that the plant-based food transition is “inevitable” and will bring about new opportunities for investors and businesses across the food supply chain. Released by the Credit Suisse Research Institute (CSRI), the report also identified the wider alternative protein industry, sustainable […]

Alternative Proteins ‘Promise Substantial Disruption’ To Conventional Meat, Report Says

4 Mins Read As alternative proteins scale up and reduce costs, they “promise substantial disruption” to the conventional animal meat market, says a new report. The analysts also pointed to changing regulations and fast-growing consumer adoption as key factors propelling the alternative protein industry, and advised conventional protein producers to “consider a more diverse portfolio” as pressure piles […]

South Korean Tofu Giant Pulmuone Makes First Foray Into Plant-Based Meat

3 Mins Read Pulmuone, a South Korean food corporation best known for soybean products, has announced the launch of a new plant-based meat line, marking its first entry into the category. The company plans to introduce more than 20 types of plant-based products, from soy-based meat mince and chicken tenders to vegan meal kits and coconut-based yogurt.  Seoul-based […]

Australian Plant-Based Meat Industry ‘Grew Exponentially’ In 2020, New Report Reveals

4 Mins Read Australia’s plant-based meat industry thrived despite the economic downturn amid the pandemic, according to data published in a new report from regional alternative protein think tank Food Frontier. From surging retail sales to impressive three-digit growth rates observed in manufacturing revenues and job numbers, the report details the “exponential” rise of the sector and the […]

Stand-Up Burgers: Veggie Grill To Debut Second Plant-Based Dining Concept Due To Consumer Demand

4 Mins Read Leading plant-based fast-casual eatery Veggie Grill has announced that it will open its second food concept, Stand-Up Burgers, a plant-based burger restaurant owing to increasing consumer demand for animal-free foods. California-based Veggie Grill will open the doors of Stand-Up Burgers in Berkeley to consumers from March 10. Veggie Grill was launched back in 2006 and […]

Australia’s Alt Protein Sector Poised For Exceptional Growth Thanks To Homegrown Superstars

4 Mins Read Australia is no exception to the global plant-based trend in recent years, with the movement only picking up pace since the coronavirus pandemic with consumers increasingly shifting away from conventional meat amid headlines of virus-ridden abattoirs. And as the demand continues to grow, homegrown startups are taking on the challenge to innovate new products that […]

Beyond Meat Launches Direct-To-Consumer E-Commerce Platform In U.S.

3 Mins Read Beyond Meat has just launched its first direct-to-consumer platform to allow shoppers in the U.S. to order its plant-based meat products online and get it delivered to their doorstep. The El Segundo, California-based food tech says that its e-commerce site will enable “unparalleled access” to a vast range of its products, from newly launched bulk […]

One Year On, How Beyond Meat’s IPO Changed Plant-Based Meat Forever

9 Mins Read On May 2, 2019, Beyond Meat, the California-based plant-based food tech company famous for their meat-free burgers and sausages, went public. The company became the world’s first vegan meat alternative to list on the US stock market. A lot has changed since then for Beyond Meat and the wider plant-based industry, becoming one of the […]

Beyond Meat Enters US$150 Million Credit Facility To Fund Global Growth

3 Mins Read Beyond Meat, one of the most popular plant-based meat makers in the world, has announced that it has obtained a US$150 million five-year secured revolving credit facility to finance its global expansion. The announcement followed breaking news last week that Starbucks China will launch Beyond Meat’s products alongside Oatly and Omnipork into its new plant-based […]