Plant Based
Featured Plant Based Content
Daring Foods Acquired by v2food With Ajinomoto Investment
Plant-based poultry producer Daring Foods has been acquired by Australian alt-protein company v2food, with backing by Ajinomoto Co, Inc. Financial terms of the transaction were not disclosed. Jeff Gendelman, CEO of Daring Foods, told Nosh the partnership will leverage the scale and frozen food expertise of Ajinomoto and the proprietary protein technology of v2food, bringing the brand into new protein formats and meal occasions across retail and foodservice channels.
Misha’s Acquires Vertage: Dairy-Free Cheese Consolidation
Misha’s, Inc. is expanding its portfolio of premium dairy-free cheeses with the acquisition of Vertage in a deal that leverages Vertage’s partnership with Fresh Del Monte Produce, providing access to its comprehensive logistics network and capabilities. Terms of the deal were not disclosed. “By integrating Vertage’s expertise and leveraging Fresh Del Monte’s infrastructure, we’re not… Read more »
Green Circle: Are Plant-Protein’s ‘High’ Costs Overstated?
A new report by Green Circle Capital Advisors is arguing that perception around plant-based protein costs being higher than their animal-based counterparts is inaccurate once you consider the actual protein content of meats and dairy products.
Additional Content
FDA to Consumers: How Would You Define Dairy?
The FDA today announced it has issued a request for information (RFI) in the Federal Register to solicit comments and feedback from the public to gain more insight into how consumers use plant-based alternatives and how they understand terms like “milk” or “cheese” when used to label plant-based products.
Is Impossible Foods’ Mission ‘Sustainable’?
Last week the company released its 2018 sustainability impact report, which highlighted the startup’s progress and challenges during its continued pursuit to eliminate animals in food production by 2035.
Pig Out Launches With Plant-Based Bacon Chips
Add another player to the plant-based fray. Pig Out, a line of plant-based, pork inspired chips launched this month.
Impossible Foods Raises $114 M
The new cash brings the total to nearly $400 million in financing behind the plant-based, “bleeds like meat” brand.
Keen Capital Acquires Stake in Dahlicious Organic
Though financial terms of the deal were not disclosed, Jerry Bello, managing partner at Keen, told BevNET that the investment is structured as a long-term play that includes an immediate infusion of working capital in addition to future tranches.
Plant-Based Meat Category Sizzles With Innovation and Growth
Today, Impossible launched a new sales channel with DOT Foods, America’s largest food redistributor, to gets its burgers in more restaurants nationally. On Monday, Beyond Meat announced its first venture beyond burgers with Beyond Sausage.
Impossible Foods Opens New Sales Channel Through DOT Foods
The DOT partnership gives Impossible Foods a national sales network and allows more restaurateurs to order the award-winning Impossible Burger. Mt. Sterling, Ill.-based DOT has nine distribution centers serving all 50 states, with deliveries of the Impossible Burger starting January 2, 2018 nationwide.
Gallery: Plant-Based Meat Presence Grows at Expo East
While the plant-based food’s fastest growing category remains plant-based dairy alternatives — 20 percent growth and over $700 million in sales in the past year — plant-based meat is also gaining a lot of traction– especially with refrigerated “meats.”
With New Plant, Impossible Foods Gets Closer to Retail
Impossible Foods today announced that it has officially begun production of its plant-based patties in its new 68,000 square-foot Oakland, California-based facility. The company said the plant, which was announced earlier this year, will give the brand the ability to scale and eventually expand into retail.
Why DiCaprio and Strand Hopped to Invest in Hippeas
At the 2017 Sweets and Snacks Expo this week in Chicago, Illinois legume-based snacking brand HIPPEAS booth was pulsing with excitement – both due to the brand’s popularity in retail, but also thanks to the announcement that Strand Equity Partners and Academy Award-winning actor Leonardo DiCaprio have joined as investors.