Vevan products are vegan, dairy-free, gluten-free, lactose-free and non-GMO
February 2, 2021
Vevan, crafted by the same artisan cheesemakers behind many of Schuman Cheese's most celebrated brands, was created with the belief that consumers who love cheese deserve better options when it comes to enjoying their favorite foods.
Connection with Beyond Meat® and returning potatoes bring endless vegetarian customizations to Taco Bell's craveable menu offerings
January 27, 2021
After a brief hiatus from menus due to Taco Bell's menu simplification efforts last year, Cheesy Fiesta Potatoes and the Spicy Potato Soft Taco will be back starting March 11.
Joint venture to focus on expanding new plant-based protein offerings
January 26, 2021
Among the key pillars of the effort are using positive ingredients; expanding the company's portfolio of products that have been grown and made sustainably, through tools and techniques like regenerative agriculture and net water- and carbon-neutral production plants; and making it easier for consumers focused on health and wellness to consume products on the go through innovations such as LAY'S oven baked chips and Sabra Snack Cups.
Above Food's fast-growing, seed-to-fork plant-based platform serves over 35 countries and over 300 business customers
January 22, 2021
Eat Beyond Global Holdings Inc., an investment issuer focused on the global plant-based and alternative food sector, announced that it has completed an investment in Above Food Inc.
Dr. Praeger's specializes in nutritious plant-based frozen and refrigerated foods made from simple ingredients
January 21, 2021
Vestar Capital Partners, a US middle-market private equity firm, announced that it has made a majority growth investment into Dr. Praeger's Sensible Foods, a fast-growing brand specializing in nutritious plant-based frozen and refrigerated foods made from simple ingredients. Terms of the transaction were not disclosed.
New facility will be constructed with focus on accelerated innovation
January 21, 2021
Beyond Meat, Inc. announced its plans to enter a 12-year lease in a new, nearly 300,000 square foot space at 888 N. Douglas St.in El Segundo, Calif. The building is currently under development by Hackman Capital Partners with anticipated completion in spring 2021.
The company has entered into a binding letter of intent to acquire all of the issued and outstanding securities of The Future of Cheese Company Corp.
January 19, 2021
Organic Garage Ltd., announced that it has entered into a binding letter of intent to acquire all of the issued and outstanding securities of The Future of Cheese Company Corp., a private Canada corporation. FoC is a Toronto, Ontario based organic, vegan premium plant-based company in the business of developing, manufacturing and marketing plant-based cheeses and plant-based cheese products.
Americans are drinking less milk. Milk consumption has dropped by 40% since 1975 and the trend is accelerating as more people embrace plant-based milk alternatives such as oat, almond, rice, and coconut milk. According to the USDA annual milk consumption data, in 2018, the average person in the US consumed 146lb (17 gallons) of milk, down from 247lb (almost 29 gallons) in 1975.
New report reveals that market for plant-based products depends on omnivores and flexitarians
January 15, 2021
Despite use of plant-based meat or dairy products being highest among those following vegan, vegetarian, or pescatarian diets, it's omnivores and flexitarians who make up the lion's share of consumers who eat these products due to their sheer numbers, reports market research firm Packaged Facts in the report Vegan, Vegetarian, and Flexitarian Consumers.
The company intends to expand its plant-based protein and omega-3 business
January 13, 2021
The investment round is being led by world-class foodTech investor PeakBridge VC, Malta, together with Arancia Group, a privately owned Mexico-based food ingredient/food service conglomerate, Minrav (the company’s largest investor) and additional private investors.