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.
AIDP signs sales, distribution agreement for Functional Fungi organic mushroom nutraceuticals
January 13, 2021
AIDP, Inc. is pleased to announce an exclusive sales distribution agreement for Functional Fungi™ organic mushroom nutraceuticals. Functional Fungi offers a full line of certified organic, multi-patented mushroom powders produced in its US-based, large scale indoor growing, drying and manufacturing operation.
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.
New alternative milk line includes Oat M*lk, Almond M*lk and Barista Edition Alternative M*lk
January 13, 2021
Modern Meat Inc., a plant-based meat manufacturer, announced the launch of its dairy alternative milk line featuring an Oat M*lk, Almond M*lk and Barista Edition Alternative M*lk. The ingredients used in the milks are all natural, vegan, and GMO free.
SweeGen announces successful scale-up of Bestevia Reb N
January 12, 2021
SweeGen is making possible a healthier, more guilt-free, and sweeter world with the commercialization of Bestevia® Rebaudioside N (Reb N), a special zero-calorie, highly sought-after natural stevia sweetener.
True Source Honey will update certification standards in 2021
January 12, 2021
The updated standards will note that True Source Certified Honey whether imported to North America or purchased directly from North American beekeepers is tested for authenticity by an accredited laboratory at some point in the supply chain using either EA/LC-IRMS and Nuclear Magnetic Resonance (NMR) profiling or EA/LC-IRMS and High Resolution Mass Spectrometry (HRMS) analysis. This is in addition to the long-established pollen analysis requirements for shipments of honey from countries identified as high-risk.
Phase 1 of the project involves the acquisition of a 118,000 square foot plant in Indianapolis
January 12, 2021
Maple Leaf Foods announced that its wholly-owned subsidiary, Greenleaf Foods, SPC, a leader in plant protein products, is advancing plans to increase tempeh production capacity through the acquisition and planned build-out of a food processing plant in Indianapolis.
The growing usage of plant-based dairy and egg products has created a $4.3 billion market forecast to grow 6.0% annually through 2024
January 6, 2021
After infancy, approximately 65% of people have a reduced ability to digest lactose, a sugar found in many dairy products. Although milk and dairy products are a staple in many populations, increased awareness of lactose intolerance has led many people to reduce dairy consumption, avoid dairy altogether, consume plant-based dairy alternatives, and look for dairy products without lactose.
FiveStar launches new Taco Salad featuring plant-based meat alternatives
January 4, 2021
FiveStar Gourmet Foods partnered with Beyond Meat® to bring more salad protein choices to consumers. FiveStar introduced a new Simply Fresh Taco Salad made with Beyond Meat®, featuring plant-based beef crumbles from Beyond Meat, a leader in plant-based meat. The new 7.5oz complete salad debuted in Publix supermarkets.