plant based trend

American multinational food giant ADM has just opened a new plant-based innovation lab in Singapore, as the firm pivots to ramp up alternative protein development and production in response to “rapidly growing consumer demand” across the…
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Atlas Monroe, the Black woman-owned Los Angeles startup that turned down a US$1 million investment on Shark Tank, is now set to become the largest manufacturer of plant-based fried chicken. Acquiring a multimillion dollar facility in San…
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An industry group in China has established a voluntary standard for plant-based meat products, marking a first for the country. Issued by the government-affiliated Chinese Institute of Food Science and Technology (CIFST), the standard…
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JBS has announced that it has acquired Dutch plant-based meat maker Vivera in a €341 million (US$410 million) deal. The move by the world’s biggest meat processing corporation is part of its strategy to “boost” its plant-based platform in…
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Chinese agri-food tech companies collectively bagged US$6 billion in 2020, representing a 66% increase from the year before, new statistics show. It comes as total private equity and wider venture capital funding across all industries in…
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Tokyo-headquartered wellness company TWO Inc has just launched its new “healthy junk food” concept to offer Japanese consumers nutritious plant-based offerings. The brand, 2foods, will be opening three new retail outlets in the Japanese…
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Atlast Food Co., the food tech behind the plant-based mycelium bacon alternative, has closed US$40 million in its Series A financing round to expand its whole cut plant-based meat platform. The round, which saw participation from leading…
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Plant-based food tech giant Impossible Foods is said to be in discussions for a public listing that could value the company at US$10 billion or more, according to an exclusive Reuters report. The listing is reportedly taking place within…
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Food delivery giant Deliveroo has reported surging demand for plant-based food in Hong Kong, with vegan and vegetarian orders growing by 160% over a 12-month period in its latest figures. In response, partner restaurants have been ramping…
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Plant-based food retail sales in the U.S. grew double-digits to reach US$7 billion in 2020, outpacing sales of its animal counterparts for the third year in a row, according to new data. The statistics, released by the Plant Based Foods…
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Dutch family business and plant-based producer Schouten Europe recently debuted its plant-based chicken and beef to provide sustainable and healthy alternatives to the conventional meats that the company says brutally exploit animals and…
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Back in January, food tech New Wave Foods, a company disrupting the seafood market with its plant-based shellfish products, closed a US$18 million Series A round in order to help unveil its animal-free shrimp to consumers and this week,…
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Vegan cooking show, New Day New Chef, which debuted on streaming platform Amazon Prime in the U.S. and later premiered in England, Ireland, Canada, Australia, and New Zealand, has been nominated in eight Taste Awards categories, including…
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Pulmuone, a South Korean food corporation best known for soybean products, has announced the launch of a new plant-based meat line, marking its first entry into the category. The company plans to introduce more than 20 types of plant-based…
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Deliciou has raised seed funding to continue expanding global distribution of its line of shelf-stable plant-based meat alternatives to Europe, the U.S. and Asia. The round, which makes Deliciou the first Australia-based startup to join…
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Los Angeles-based vegan startup Grounded Foods has officially launched its 100% plant-based cheese range made from cauliflower and hemp to U.S. consumers. The first-of-its-kind products, which unlike other vegan alternatives do not contain…
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Viomix Tech, a Seoul-based company who recently entered the plant-based alternative space, has closed its Series A investment to grow its vegan product portfolio and launch in international markets, with the U.S. and Middle East as the…
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U.K.-based movement Veganuary's co-founder Mathew Glover unveiled a new vegan fried chicken brand called VFC. Today, a mere 3 months after its launch, the company is in the news again thanks to a GBP£2.5M (approx. US$3.4M) round…
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Singapore-based startup Next Gen Foods has officially launched its plant-based chicken brand Tindle, debuting at 11 restaurants across the city. The foodservice roll out will include establishments run by Michelin-starred chefs, with…
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Nabati Foods, a Canadian plant-based food tech, has announced that it has raised CA$7.7 million (approx. US$6.2 million) in a private placement financing. The funds will be used to expand the brand’s range, launch into international…
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Multinational ingredients firm Ingredion has expanded its “on-trend” line of plant-based solutions for the F&B industry, adding two pea-based ingredients to its Nebraska-based pea protein factory. Ingredion says the move is part of its…
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