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3 Mins Read Tokyo-headquartered wellness company TWO Inc has just launched its new “healthy junk food” concept to offer Japanese consumers nutritious plant-based offerings. The brand, 2foods, will be opening three new retail outlets in the Japanese capital Tokyo to cater to the rising numbers of plant-forward, ethical and conscious consumers. The new “healthy junk food” brand 2foods […]
3 Mins Read Atlast Food Co., the food tech behind the plant-based mycelium bacon alternative, has closed US$40 million in its Series A financing round to expand its whole cut plant-based meat platform. The round, which saw participation from leading alternative protein investors as well as the leaders of multiple CPG giants, will also go towards building the […]
3 Mins Read Plant-based food tech giant Impossible Foods is said to be in discussions for a public listing that could value the company at US$10 billion or more, according to an exclusive Reuters report. The listing is reportedly taking place within the next twelve months through a SPAC merger deal, a popular vehicle for a number of […]
3 Mins Read Food delivery giant Deliveroo has reported surging demand for plant-based food in Hong Kong, with vegan and vegetarian orders growing by 160% over a 12-month period in its latest figures. In response, partner restaurants have been ramping up their vegan offerings, with the number of available options increasing triple-digits to reach more than 1,000 and […]
5 Mins Read Plant-based food retail sales in the U.S. grew double-digits to reach US$7 billion in 2020, outpacing sales of its animal counterparts for the third year in a row, according to new data. The statistics, released by the Plant Based Foods Association (PBFA) and the Good Food Institute (GFI), also showed that much of the increase […]
3 Mins Read Dutch family business and plant-based producer Schouten Europe recently debuted its plant-based chicken and beef to provide sustainable and healthy alternatives to the conventional meats that the company says brutally exploit animals and leave a high carbon footprint on the environment. Since the 1990s, Schouten has been working on developing plant-based proteins and supplies its […]
3 Mins Read Back in January, food tech New Wave Foods, a company disrupting the seafood market with its plant-based shellfish products, closed a US$18 million Series A round in order to help unveil its animal-free shrimp to consumers and this week, the company celebrates a major milestone: the nationwide launched of its flagship product via foodservice channels […]
4 Mins Read Vegan cooking show, New Day New Chef, which debuted on streaming platform Amazon Prime in the U.S. and later premiered in England, Ireland, Canada, Australia, and New Zealand, has been nominated in eight Taste Awards categories, including Best New Series and Best Reality Series. Back in September, U.S.- based New Day New Chef, was made […]
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 […]
4 Mins Read Deliciou has raised seed funding to continue expanding global distribution of its line of shelf-stable plant-based meat alternatives to Europe, the U.S. and Asia. The round, which makes Deliciou the first Australia-based startup to join U.S. alternative protein venture capital Stray Dog Capital’s portfolio, will also allow Deliciou to ramp up R&D to grow its […]
4 Mins Read Los Angeles-based vegan startup Grounded Foods has officially launched its 100% plant-based cheese range made from cauliflower and hemp to U.S. consumers. The first-of-its-kind products, which unlike other vegan alternatives do not contain nuts and are not based on a coconut oil fat component, will be available across retailers in the country, as well as […]
3 Mins Read Viomix Tech, a Seoul-based company who recently entered the plant-based alternative space, has closed its Series A investment to grow its vegan product portfolio and launch in international markets, with the U.S. and Middle East as the first in its global expansion plan. Viomix also plans to double down in its domestic market, where its […]
4 Mins Read U.K.-based movement Veganuary’s co-founder Mathew Glover unveiled a new vegan fried chicken brand called VFC. Today, a mere 3 months after its launch, the company is in the news again thanks to a GBP£2.5M (approx. US$3.4M) round of seed funding that will help scale the firm’s production of plant-based chicken. Joining forces with famed chef and restaurateur […]
4 Mins Read Singapore-based startup Next Gen Foods has officially launched its plant-based chicken brand Tindle, debuting at 11 restaurants across the city. The foodservice roll out will include establishments run by Michelin-starred chefs, with dishes inspired from cuisines all over the world, from Mediterranean to Japanese, as well as American-style food truck takeout classics. Next Gen Foods […]
3 Mins Read Nabati Foods, a Canadian plant-based food tech, has announced that it has raised CA$7.7 million (approx. US$6.2 million) in a private placement financing. The funds will be used to expand the brand’s range, launch into international markets and fuel its go-public plans after a record year of sales driven by mainstream demand for plant-based offerings. […]
4 Mins Read Multinational ingredients firm Ingredion has expanded its “on-trend” line of plant-based solutions for the F&B industry, adding two pea-based ingredients to its Nebraska-based pea protein factory. Ingredion says the move is part of its strategy to “capitalise” on the fast-growing plant-based trend, as food brands and manufacturers continue to ramp up their vegan and vegetarian […]
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 […]
4 Mins Read A new global survey involving more than 8,500 participants across over 100 countries reveals that animal welfare is the top reason motivating people to go vegan. While nearly 90% of respondents cited animal welfare, more people are now also going vegan due to sustainability reasons, as consumers begin to couple their diet to their environmental […]
3 Mins Read Better Nature, the British tempeh brand whose mission is to popularise the traditional Indonesian fermented protein, has announced a new collaboration with Mindful Chef to bring new plant-based options to the healthy recipe box platform’s subscribers. There will be two new plant-based recipes added on the roster – nasi goreng and cottage pie – made […]
3 Mins Read Marks & Spencer (M&S) has expanded its own-brand vegan Plant Kitchen range across its Hong Kong stores. Some of the new products that shoppers will find on shelves include a dairy-free feta cheese alternative, plant-based chicken tenders and melty vegan fishcakes. The expanded vegan offerings at M&S comes as plant-based eating and flexitarianism in Hong […]
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 […]