Browsing tag
4 Mins Read The global plant-based meat market is set to reach over US$35 billion by 2027, a new study finds, citing increasing health awareness as the key motivator behind the growth. Other factors that will drive the plant-based meat trend include environmental concerns, which is expected to rise significantly in the Asia-Pacific region. The research says that […]
3 Mins Read Algaia, a French biomarine ingredient company specialising in seaweed natural extracts, has just completed a US$2.4 million investment round, which it says it will spend on developing a new range of seaweed-based solutions that can be used to create plant-based substitutes. The company has seen double-digit growth over the past years, as demand for seaweed-based […]
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 […]
3 Mins Read Japan’s national flag carrier line Japan Airlines will be serving vegan burgers using Beyond Meat’s plant-based patties on select routes between Tokyo and the United States. The vegan burger option will be available to first class passengers on the select flights, and the promotion will begin this month and last until the end of May […]
3 Mins Read A new report published by global consultancy firm OC&C Strategy Consultants finds that the rise of plant-based meat substitutes is causing a serious disruption to the protein industry. According to the research, the Chinese market is one to watch for large-scale changes in the future as its plant-based sector continues its rapid growth. It additionally […]