Browsing tag

plant-based protein industry

Meatless Farm Launches Crowdfunding Campaign So Customers Can Back The Plant-Based Meat Brand

4 Mins Read Plant-based meat brand Meatless Farm is providing consumers an opportunity to “grab a share of the M…F… pie” by debuting its retail investor funding round on the crowdfunding platform Crowdcube with hopes to raise GBP£5 million(approx. US$7M) in capital that will go towards product innovation and brand expansion. British-based Meatless Farm is looking to raise GBP£5 million […]

Sofit Plus: Hershey India Debuts Plant-Protein Drink For Undernourished Children

4 Mins Read Hershey India, a subsidiary of leading global chocolate giant the Hershey Company, announced recently that it has developed Sofit Plus, a plant protein drink made from soy that was created to meet the nutritional requirements of underprivileged children. As part of its ‘Nourishing Minds’ social initiative, Hershey India developed a soy protein drink after collaborating […]

Meatless Farm Opens Facility In Canada To Produce 14,500 Tonnes Of Plant Protein Ingredients For Other Brands By 2023

3 Mins Read British plant-based meat maker Meatless Farm recently opened a Canadian facility in Calgary in order to debut a new business division that will see the startup produce as well as supply plant-based proteins and ingredients to companies across the globe. According to The Grocer, Meatless Farm recently opened an extensive facility in Canada called Lovingly […]

Global Plant-Based Protein Market Now Worth US$10.3 Billion, Says New Report

3 Mins Read The plant-based protein market is now worth US$10.3 billion, says a new report. Analysts cited the rising demand for protein alternatives within the food industry, particularly for pea-based protein sources, as key factors underpinning the value of the market. Driven by shifting consumer trends in high-growth markets in Asia-Pacific, the researchers expect the plant-based protein […]

Hey Maet: China Plant-Based Meat Startup Raises Multi-Million US$ Pre Series A & Doubles Down High-Moisture Extrusion Tech

5 Mins Read Last year in August, Hey Maet, the plant-based meat startup had announced a seed round investment along with a partnership with Shuangta Food, a pea protein company that supplies Beyond Meat. The company is making headlines again, this time with the announcement of a multi-million US dollar pre-Series that will enable them to ramp up […]

Finland Invests US$2.3M In National Plant-Based Protein Initiative

2 Mins Read State-owned nonprofit VTT Technical Research Centre of Finland and the University of Helsinki have recently received €2.1 million (US$2.3 million) in funding from the public innovation fund Business Finland. The money will go towards the EXPRO Project, a co-innovation initiative that aims to develop plant-based proteins from native crops and propel Finland as a leader […]