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
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.
Chuck Muth, Former Coke Exec, Moves from Bevs to Burgers
Longtime bottling and sales executive Chuck Muth announced his retirement from Coke in 2016, but apparently he couldn’t retire from Seth Goldman, his former boss at Honest Tea. The visionary environmental entrepreneur and the execution-focused beverage guy are reuniting, this time around Beyond Meat, the plant-based protein brand where Goldman serves as executive chairman.
Dean Foods Returns to Plant-Based Products with Good Karma Investment
Today dairy processor and distributor Dean Foods announced a minority investment in Boulder, Colorado based Good Karma, a producer of flaxseed-based, dairy alternative food and beverage products. Originally a private label manufacturer of dairy-alternative milks, Good Karma developed its own branded CPG line in 2014 and expanded beyond beverages to yogurt in late 2016.
Nutriati Closes $8 Million Round to Offer New Plant-Protein Solutions
Plant-based products are one of the hottest trends in food and beverage, and investors have taken note. Last week, several funds and venture capital firms came together to back Nutriati, a food technology company whose first products are a chickpea flour and chickpea protein concentrate.
Kerry to Premier Advanced Plant-Based Protein Option
Executing on consumer demands, Kerry, the Taste and Nutrition company, created ProDiem™, a plant-based protein solution optimized for nutrition, texture and taste.
Oriya Organics Launches New Plant Protein
Oriya Organics, a family-owned a plant-based, superfood supplement maker, will be introducing an innovative new paleo vegan protein at this year’s Natural Products Expo West.
Watch: Here’s What Dairy And Plant-Based Brands Think About The Meaning of Milk
Is there really confusion on the market as to whether these alternative brands actually contain animal products like cow’s milk? During the 2017 Winter Fancy Food Show in San Francisco, we spoke with both dairy and alternative dairy brands to find out how they perceive the proposed Dairy Pride Act.
GT’s Kombucha Acquires, Rebrands Tula’s CocoYo
Millennium Products, Inc., the parent company of GT’s Kombucha, has acquired Tula’s CocoKefir, the maker of coconut-based kefirs and yogurts that are fermented with vegan probiotic cultures. The transaction took place earlier this year, according to Millennium Products founder GT Dave, who told BevNET, Project NOSH’s sister publication, that he has long had a fondness for Tula’s products.
Beyond Meat to Launch Beyond Burger in Veggie Grill
Veggie Grill, the largest veggie-centric, premium fast-casual brand in the U.S., announced that the highly anticipated Beyond Burger™ will be available on Wednesday, December 14 at all of its 28 locations.