The sale price for the acquisition is EUR 7 million Valio has acquired the plant protein business of Raisio plc, along with the associated fixed assets and the Härkis and Beanit fava bean brands. The fixed assets include the production equipment from the plant in Kauhava that manufactures plant protein[Read More…]
Plant Based
Global trends in plant-based market Asia-Pacific’s growing influence
Christian Philippsen, Managing Director at BENEO Asia Pacific, shares his expertise on global trends, and regional adoption in Asia-Pacific with NUFFOODS Spectrum The plant-based food industry is undergoing a dynamic transformation, driven by shifting consumer preferences, sustainability concerns, and advancements in food technology. As more consumers embrace flexitarian and plant-based[Read More…]
Beyond Meat unveils expanded line of Beyond Steak
The new line of pre-seasoned steak tips is available in two crave-able flavours, Beyond Steak Chimichurri and Beyond Steak Korean BBQ-Style Beyond Meat, a leader in plant-based meat announced an expanded line of Beyond Steak, one of the fastest-growing and top-selling plant-based meat products on the market, at Sprouts Farmers Market stores coast to[Read More…]
EU approves Water lentils for consumption and production
The tiny green plants that float – and rapidly multiply – in stagnant water Water lentils, a protein-rich and sustainably cultivated plant have now been officially approved as a vegetable in Europe. It could make a significant contribution to the protein transition and the global food challenge. However, to achieve[Read More…]
Gavan secures $8Mn to commercialise cutting-edge plant-based fat
Start-up is establishing a new European facility for commercial production of its plant-based Fatrix fat FoodTech start-up Gavan Technologies, Ltd. announces it has raised $8Mn in A-round funds. This fresh capital infusion will enable Gavan to break into the European food market with its cutting-edge plant protein-based fat solution, Fatrix.[Read More…]
Beyond Meat releases 2023 ESG report and LCA study
Beyond Meat’s 2023 ESG Report covers topics such as health and nutrition, human capital, governance and climate management With a mission to positively impact human health, climate change, constraints on natural resources and animal welfare, Beyond Meat, a leader in plant-based meat, released its 2023 ESG Report and announced its Beyond Steak life[Read More…]
Tate & Lyle and BioHarvest partner to develop plant-based ingredients
The new partnership between Tate & Lyle and BioHarvest will focus on developing the next generation of sweeteners Tate & Lyle PLC (Tate & Lyle) and BioHarvest Sciences (BioHarvest), announced a pioneering new partnership to develop the next generation of proprietary plant-based molecules to address increasing consumer desire for affordable,[Read More…]
2024: A landmark year for alternative protein revolution
In 2024, the alternative protein industry underwent a transformative period marked by significant innovations, market expansions, and regulatory advancements, with an overall shift toward sustainability and consumer accessibility The year 2024 marked a pivotal chapter for the alternative protein (alt-protein) industry, with breakthroughs and challenges shaping its landscape globally. From[Read More…]
Israel’s Gavan secures $8Mn to commercialise cutting-edge plant-based fat
Start-up is establishing a new European facility for commercial production of its plant-based Fatrix fat Israel-based food Technology start-up Gavan Technologies announces it has raised $8 million in A-round funds. This fresh capital infusion will enable Gavan to enter the European food market with its cutting-edge plant protein-based fat solution,[Read More…]
Starbucks launches Green Planet biodegradable, plant-based straws in Japan
The new straw is made from Green Planet, a plant-based biodegradable biopolymer Starbucks has introduced new biodegradable, plant-based straws to stores in Japan, another important action in support of the company’s environmental promise to be resource-positive and commitment to reduce waste by half by 2030. The new straw is made[Read More…]