Impossible Foods is exploring going public through an IPO (initial public offering) or a merger with a SPAC* (special purpose acquisition company) in the next 12 months, according to Reuters, which quotes sources familiar with the matter.
With VC-backed food tech startups deploying molecular biologists and astrophysicists now competing for shelf space in the red-hot meat and dairy alternatives market with equally deep-pocketed multinational meat and CPG companies, where do independent...
Berkeley-based startup Mission Barns – which has developed a platform to grow fat from animal cells, outside of the animal - has raised $24m in a Series A round to help scale up its technology and build a pilot plant due to become operational later this...
The Plant Based Foods Association has slammed bills proposing restrictions on the use of terms such as ‘milk’ and ‘meat’ on food labels and restaurant menus in Wisconsin, while state lawmakers insist they are urgently required to prevent consumer confusion....
Beyond Meat has opened its first end-to-end manufacturing facility outside the US in the Jiaxing Economic & Technological Development Zone (JXEDZ) near Shanghai.
Gathered Foods, parent company of plant-based seafood brand Good Catch, has secured $26.35m in a B-2 Bridge Funding Round to ramp up product innovation and dramatically increase its retail footprint.
Sales of plant-based foods that directly replace animal products - including meat, seafood, eggs, dairy, condiments and meals containing plant-based alternatives - grew by 27% to $7bn in measured channels in the year to December 27, 2020, according to...
Impossible Foods has launched its first national advertising campaign targeting meat eaters who haven’t yet tried Impossible products, specifically its flagship product, the plant-based Impossible Burger.
As more consumers adopt a “research-online-buy-offline” approach, providing accurate, consistent product information across channels and on packaging is essential for driving discovery, initial trial and repeat purchases – and yet, most manufacturers...
With traditional fishing methods in decline, aquaculture – the industrial farming of fish, shellfish, and other aquatic species – is on the rise, but with little knowledge of the impact it’s had on animal welfare, says a team of researchers at New York...
Kemin Industries has acquired privately-owned ingredient technology firm, Proteus Industries, Inc., expanding its portfolio of sustainable clean label solutions for meat manufacturing.
Years before the coronavirus pandemic shined a harsh light on the fragility of long, global supply chains dominated by a handful of multinational companies, Kim Bryden founded Cureate to connect local food and beverage manufactures with large institutional...
For cell-cultured meat to go mainstream, the cost of the media used to grow animal cells must come down. A lot. And that will require significant movement in the price and availability of recombinant proteins and growth factors. So how much progress is...
Unilever has some ambitious goals on food waste. The multinational wants to halve waste from its direct operations by 2025 and is working with suppliers and customers to reduce waste across the food chain. It also hopes to tackle one of the trickiest...
Despite a double-digit increase in retail sales during the pandemic, most grocery retailers continue to grapple with tight profit margins which could be squeezed further as restaurants and the foodservice industry reopen but many coronavirus-related expenses...
Sales and the amount of meat consumed at retail in the US increased double digits in 2020 over the prior year while household penetration held steady at 98.4%, despite an increase in flexitarians and a drop in meat-eaters, according to recently released...
When the founders of startup Holy Cow discovered thousands of cow hides are thrown away daily due to rising demand for beef during the pandemic and a simultaneous sharp decline in leather production, they saw an opportunity to create a new revenue source...
Approaching one year since buying KRAVE back from Hershey, founder of Sonoma Brands Jon Sebastiani says he and his team have been hard at work to re-establish the brand back to its dominant premium positioning within the meat snacks category while regaining...
The Organic Trade Association is optimistic it could reach a “potential amicable resolution” in its ongoing lawsuit against the US Department of Agriculture for the withdrawal of the widely popular Organic Livestock and Poultry Practices final rule during...
“By 2035, every tenth portion of meat, eggs, and dairy eaten around the globe is very likely to be alternative,” says a new report from Boston Consulting Group and Blue Horizon Corporation predicting alternative proteins could account for 11% ($290bn)...
As part of a “moonshot” to end hunger and eliminate food waste, The Kroger Co.’s Zero Hunger Zero Waste Foundation and seed stage funder Village Capital are offering $2.5 million in collective grants and development programming to 10 innovative startups...
Dutch cell-cultured meat startup Meatable - which is working with porcine and bovine induced pluripotent stem cells [iPSCs] – has closed a $47m Series A round (bringing its total funding to $60m) to advance small-scale production at the Biotech Campus...
Armies of microscopic single-celled microbial food factories (yeast, bacteria, fungi, algae) are now routinely deployed to produce high-value food ingredients more efficiently than plants or animals. But next-generation ‘cell-free’ biomanufacturing processes...
When it comes to feeding children, caregivers have a wealth of nutritional information at their fingertips that they say they understand, and yet most children fall short of the recommended intakes of fruit, vegetables and whole grains and consume too...
The trend of home baking, which soared in popularity during the pandemic, is still going strong with sustained elevated sales expected through 2025, according to new market data.
From keto-friendly ice cream, cereals, and snacks, to plant-based dairy and functional beverages, check out what's new on shelf in our spring gallery of new launches.
Even as more Americans are vaccinated and some local economies begin to reopen, recent consumer research suggests many of the shopping changes consumers adopted during the pandemic are here to stay, including a heightened focus on safety, financial health...
Product availability and lower prices will edge out customer safety as top priorities for most grocery shoppers after the threat of COVID-19 subsides thanks to increased access to coronavirus vaccinations and heard immunity, suggests new research from...
North Carolina-based Barvecue is significantly scaling up production of its plant-based pulled pork line, tapping into an underserved opportunity in the plant-based meat alternative space, says brand founder and CEO Lee Cooper.
Well-known for its service and compassion, KeHE’s new “Crazy Good” campaign that launched this month seeks to highlight how the food distributor’s other two pillars of “innovation and operational excellence” also can drive growth for its retail partners...
The FMCG giant recently tasked start-ups to find solutions that promise to improve the taste, texture, sustainability and affordability of plant-based meat and dairy alternatives. The winner? A French company with a patented plant-based fat that closely...
[UPDATE NOV 22, 2021: The authors of this report have just issued a corrigendum*] Cell-cultured meat could be cost competitive with some forms of conventional meat within a decade, according to two new studies from Dutch consultancy CE Delft using data...
For cell-cultured meat to be commercially viable, we’ll need to see significant movement in the price and availability of growth factors (signaling proteins that stimulate cell growth and differentiation) says UK-based CellRx, which says it can produce...
Since the pandemic began, food insecurity in America has increased exponentially, and stakeholders across the value chain are stepping up to provide relief, including Simply Organic, which is giving $150,000 to five organizations that not only help put...
The environmental NGO says many certification schemes – covering palm, soy, and timber – enable ‘destructive business to continue as usual’. Palm Oil Monitor has fought back, questioning Greenpeace’s motives: ‘Make no mistake, this is an attack on palm...
Twin bills reintroduced in the House and Senate yesterday would reverse Trump-era waivers allowing higher-speed slaughter lines and prohibit new waivers to increase line speed during the pandemic on the grounds that they hinder social distancing and could...
With the pandemic’s impact on the economy and food insecurity in America expected to outlast the threat of the current coronavirus, stakeholders are calling on legislators to rethink how food and funds through nutrition programs are disbursed – changes...
Market projections for meat and dairy alternatives vary wildly, with Impossible Foods’ CEO predicting animal agriculture could hit a ‘death spiral’ by 2035, while Wells Fargo reckons plant-based meat will account for a rather more modest 4% of the US...
‘Cell-cultured’ may be the best way to label seafood grown from animal cells in bioreactors, according to key stakeholders in the nascent industry, who have teamed up with the National Fisheries Institute to share their views with the FDA.
Santiago-based food tech company NotCo has been granted a first-of-its kind US patent for its AI technology, which it claims gives it a clear edge in the race to reverse engineer animal foods and put them back together - molecule by molecule - with plants,...
The food industry has a ‘critical and urgent’ role to play to resolve the food waste crisis, according to Unilever’s president of foods and refreshment, Hanneke Faber.
The first flavors were made from plants, but were gradually replaced by ‘artificial’ alternatives, thanks to advances in synthetic chemistry. By the end of the 20th century, however, natural flavors were back in vogue.
Clara Foods – one of a new wave of startups using ‘precision’ microbial fermentation technology – is announcing what it claims is the world’s first commercial launch of ‘animal-free’ pepsin, an enzyme traditionally sourced from pig stomachs that’s used...
London-based start-up Hoxton Farms is cultivating animal fat for plant-based meat alternatives. What is the secret to the duo’s competitive edge? Computational biology, the founders tell FoodNavigator.
As the ongoing pandemic accelerates consumer interest in the role of nutrition in wellness and underscores the supply chain’s fragility, the investors at Manna Tree Partners are looking for at least three growth stage companies that are revolutionizing...
Maple Leaf Foods will continue to invest heavily in plant-based protein, including renovating and relaunching two of North America’s “best-known and most-loved” brands Lightlife and Field Roast, although the division fell far short of company targets...