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3 Mins Read Dispensers for vegan milk are going to be set up across colleges and corporate cafeterias in the US, including at Spotify, Stanford University and Brown University. Launched by New York startup Uproot, the new first-of-its-kind dispensers will allow customers to conveniently purchase different types of plant-based milk, including oat, soy and pea varieties. Uproot, a […]
3 Mins Read There’s a new vegan milk brand in Asia. Meet clean-label mohjo, which just closed its seed investment funding round.
3 Mins Read Alternative dairy company Plant Veda has created vegan lassi (an Indian yogurt drink) from cashews and real fruits without cane sugar that contains gut-healthy probiotics in order to encourage more people to transition to a healthy plant-based diet and move away from animal milk products. Vancouver-based Plant Veda has made innovations in its cashew-based milk […]
3 Mins Read Thanks to a collaboration with Iceland’s oldest farmer-owned dairy, Icelandic Provisions has unveiled the world’s first Oatmilk Skyr, a plant-based version of the traditional Icelandic dairy product that has been a traditional food for at least 1,000 years and is similar to Greek yogurt but thicker and with less sugar. U.S.-based Icelandic Provisions have officially […]
4 Mins Read Plant-based milk brands in India have been dealt a blow, after the Advertising Standards Council of India (ASCI) struck down three petitions filed against the Indian dairy giant Amul. The complaints regarded an advertisement launched by Amul that claimed plant-based beverages “are not milk”. The Indian plant-based milk sector has experienced a setback, after the […]
2 Mins Read Two Indian food techs have made the leap into the personal care category, as the plant-based trend takes hold even in non-food sectors. While vegan dairy brand Goodmylk is working with The Switch Fix to launch new sustainable shampoo bars, MilkinOats has introduced its own range of oat milk-based skincare products. Homegrown Indian plant-based dairy […]
3 Mins Read European lawmakers have dropped plans under Amendment 171 that campaigners say amounted to censorship over plant-based dairy products. Under the proposed law, plant-based dairy makers in the E.U. would have been prevented from being sold in cartons, explaining the climate impact of foods and presenting images of their own products. The E.U. has rejected the […]
3 Mins Read Alternative dairy foodtech startup Vly, which creates milk from pea protein, has raised EUR€6.1M(approx. US$7.4M) in a Series A round led by Five Seasons Ventures. The capital raised will help the company scale its R&D and drive growth across the DACH region (Germany, Austria and Switzerland) and into new European markets, including the United Kingdom. […]
4 Mins Read Swedish oat milk pioneer Oatly’s stock began trading on the Nasdaq today under the ticker symbol OTLY, opening at US$22.10 per share, a 30% pop from its initial public offering price of US$17 per share, giving the company a valuation of over US$ 13.1 billion. In a social media statement released when U.S. markets opened, […]
3 Mins Read Sprout Organic, which develops and produces plant-based nutritional products for children, is now taking pre-sale orders and is set to launch its plant-based organic infant formula at two trade shows – the Australian Pharmacy Professional Conference and the Naturally Good Expo, in an effort to enter the formula sales channels in the Pacific country. Though […]
3 Mins Read Milkadamia has launched a new “Milkman 2.0” service to deliver its plant-based macadamia milks to customers’ doorsteps. Available in the U.S. nationwide, the service replicates old-school dairy deliveries to make it convenient for consumers to choose plant-based, and will also offer a subscription program. Chicago-headquartered Milkadamia has introduced its new e-commerce milkman concept to bring […]
3 Mins Read Oatly has set its terms for its IPO on the Nasdaq stock exchange, aiming for a valuation of around US$10.1 billion with the offering price expected to be between US$15 to US$17 per share. The Swedish oat milk maker first made official its intentions to go public in the U.S. in February when it filed […]
4 Mins Read Swiss food conglomerate Nestlé has launched a new pea-based milk, as the plant-based dairy alternative scene continues to heat up. The new brand, Wunda, is set to launch in several European countries before rolling out across the continent, where existing labels like Alpro and Oatly are currently dominating the market. Nestlé has introduced Wunda, a […]
4 Mins Read Blue Farm, a Berlin-based food tech, has set its sights on stirring up the oat milk market with its even more sustainable product. Its first product, an Oat Base, allows consumers and foodservice to mix their own oat milk right before they consume it, cutting out extra packaging and the carbon emissions from transporting heavy […]
4 Mins Read Swedish food tech Stockeld Dreamery is launching its first product, a plant-based feta cheese alternative. Landing in stores within Stockholm this week, the fermented pea and fava bean-based Stockeld Chunk will then be rolled out in more restaurants and retailers across Sweden, ahead of the startup’s international launch. Stockeld Dreamery has announced the launch of […]
5 Mins Read Singapore-based Sophie’s Bionutrients has debuted what it claims to be the world’s first plant-based milk alternative made out of microalgae. Made from a neutral microalgae flour derived from the food tech’s proprietary strain using its patent-pending technology, the novel product stands out from existing vegan alternatives that tend to be nut-based or soy-based, and therefore […]
4 Mins Read The Oatly IPO is one of the most anticipated public listings of the year. We spoke to Asia Pacific alt protein investor Michal Klar of Future Food Now, an ecosystem expert we regularly collaborate with (last November, we published the first APAC Alt Protein funding stats on record together), who did a deep dive into […]
4 Mins Read Alternative protein companies in Israel saw investments surge to US$114 million in 2020, nearly tripling the figure in 2019 and eight-fold higher than the capital raised in 2018. The latest statistics emerging from the Good Food Institute Israel (GFI Israel) also recorded skyrocketing sales for plant-based alternatives on the market, with every category in the […]
3 Mins Read The Coca-Cola Company is expanding its plant-based portfolio with a new oat milk product launched under its Simply brand. The move comes as the entire oat milk category surges to become the second most popular plant-based dairy alternative within just years of its inception, and is now recording triple-digit sales growth. Coca-Cola is entering the […]
5 Mins Read SunOpta, the North American plant-based and fruit beverage manufacturing giant, is quickly expanding its capacity and portfolio of vegan milk brands to keep up with consumer demand. Now doubling down on oat milk, a category recording triple-digit growth rates, as well as other non-dairy products like yoghurt and ice cream, the firm is expecting the […]
3 Mins Read Swedish oat milk giant Oatly has indicated it could be seeking a public listing in Hong Kong, shortly after registering its planned IPO on the Nasdaq stock exchange with the U.S. Securities and Exchange Commission (SEC). The Blackstone-backed company says it will pursue a Hong Kong listing in the case of any “material adverse effect” […]