News & Analysis on Food & Beverage Development & Technology
Revenues at plant-based meat brand Beyond Meat tripled in Q1 2019 vs Q1 2018, surging 215% to $40.2m, slightly ahead of guidance provided in its IPO filings, primarily driven by growth of the ‘cook from raw’ Beyond Burger in foodservice and retail channels.
Israeli firm Gat Foods has developed a fruit-based sweetener that can replace refined sugar in puffed ready-to-eat breakfast cereals, an ingredient it claims could liven up a declining market.
The CBD market is exploding with the ingredient popping up in everything from bars to beverages to confections and everything in between – driving up sales to more than $200 million in 2018 by conservative estimates and an expected $3.8 billion by 2025,...