ISH Food Plant-Based Shrimp

©Shrimpish

Thai Union and Chicken of the Sea Form Alliance with Alt-Seafood Brand The ISH Food Company

Global tuna giant Thai Union and Chicken of the Sea Frozen Foods announce an alliance with US alt-seafood brand The ISH Food Company. The alliance will leverage Thai Union and Chicken of the Sea’s marketing and distribution channels to invest in sustainable seafood, making such options available to more consumers at affordable prices. Since 2016, Thai Union has actively developed its SeaChange sustainability strategy, as environmental stewardship is increasingly a …

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Next Level Burger Stacked Vegan Burger

©Next Level Burger

West Coast Favorite Next Level Burger Opening New Flagship Location in Denver, CO

Plant-based burger chain Next Level Burger announces it is opening its flagship restaurant in Denver, CO on August 20th. The new outlet will be the Oregon-based brand’s ninth national location and first in Colorado.  Calling itself “America’s First Plant-Based Burger Joint”, the eight-year-old Next Level brand is famous for its healthy yet decadent take on fast food, ranging from stacked vegan burgers and Crispy Chik’n sandwiches to baskets of tenders, …

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Heura partners with Barca Women's Football Team

© Heura/FC Barcelona

Heura Becomes Sponsor for Barça Women’s Football Team

Spanish alt-meat brand Heura has entered a three-year partnership with FC Barcelona to sponsor the Barça Women’s Football Team. The collaboration aims to “promote more sustainable and nutritious foods for athletes and fans”. Heura’s culinary, nutrition and R&D teams will work with FC Barcelona experts to maximise nutritional performance and help the public understand the benefits of plant-based diets. The partnership will begin at the Joan Gamper Cup on August …

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New Culture Fermented Mozzarella Cheese

© New Culture

ADM and New Culture Announce Strategic Partnership to Scale Animal-Free Mozzarella and Dairy Products

Agribusiness leader ADM and animal-free dairy company New Culture are forming a strategic partnership to accelerate the commercialization of alt-dairy foods. The partnership will include joint product development and scaling of New Culture’s animal-free casein and dairy innovations, which are expected to launch in US food service in 2023.  Founded in New Zealand, New Culture creates animal-free dairy products using precision fermentation techniques that produce casein, one of the primary …

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© Eat JUST

JUST Egg’s Popular Liquid Egg Has Achieved Price Parity with Chicken Eggs

Food tech leader Eat JUST reveals its best-selling JUST Egg has achieved price parity with premium chicken eggs, reports Food Navigator-USA. According to company data, the price for a 12 oz bottle of liquid JUST Egg has dropped to $3.99, about the same as the average cost of a premium 12-count chicken egg product.  Data from the past three years shows the price gap between JUST Egg and its competitors …

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Siggi's Dairy-Free Yogurt

©Siggi's

Lactalis Canada Fully Converting Ontario Dairy Plant to Plant-Based Production

Lactalis Canada, a subsidiary of French dairy giant Lactalis, announces it will expand its milk alternative offerings by converting its Sudbury, Ontario plant into a dedicated plant-based facility over the coming months. To accommodate these changes, the company will cease all fluid dairy milk production and packaging at its Sudbury facility by September 30th. The move is intended to increase the company’s selection of dairy-free milk alternatives, which currently include …

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SunOpta's revenue increases

© SunOpta

SunOpta’s Revenues Reach Record $243.5M in Q2, Driven by Plant-Based Foods

In the second quarter of 2022, SunOpta’s revenues increased by 20.4% to reach $243.5 million, the natural foods company has reported. Growth was largely driven by a 31.0% rise in plant-based food and beverage sales. The segment generated revenues of $145.9 million, with an increase in the number of oat-based products, plant-based beverages, and teas available. Prices rose by 13.7% due to inflation and an increase in the cost of …

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©PlantX

PlantX Opens ‘XMarket Uptown’ – 6,000 Sq. Ft. Vegan Grocery Store in Chicago

Canada’s PlantX (CSE: VEGA), a plant-based digital platform, is celebrating the grand opening of its newest brick-and-mortar superstore, XMarket Uptown in Chicago. At 6,000 sq. ft., PlantX says the new market may be the world’s largest all-vegan grocery store.  First opened in late July, XMarket Uptown is the company’s second US store, and sixth location globally. Offering a vast selection of plant-based foods, shoppers can find everything from meat, dairy, …

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Lavva Original Yogurt

©Lavva

Lavva Plant-Based Yogurt Acquired by Next in Natural, Names Jeff Lichtenstein as New CEO

Dairy-free yogurt brand Lavva announces it has been acquired by its lead operating partner, Next in Natural, a New York-based business development studio. Through the partnership, Lavva is also appointing Jeff Lichtenstein as its new CEO, and adding several strategic investors to its team.  According to Lavva, Lichtenstein brings extensive experience in launching and scaling national CPG brands in the natural category. As the founder and CEO of Gourmet Guru (acquired …

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Maple Leaf Foods

© Maple Leaf Foods

Maple Leaf Foods Reduces Plant-Based Greenleaf Division by 25% Following Decrease in Demand

Maple Leaf Foods, one of Canada’s largest meat producers, says it is downsizing its plant-based foods division, Greenleaf Foods, by 25% following consecutive quarters of disappointing sales. The company, which owns vegan food brands Field Roast and Lightlife, reports its Plant Protein sales fell by over 18% year-over-year to CAD $40.8 million due to lower retail volumes, reports Food Dive. Nonprofitable investments into expanding growth infrastructure also reduced gross margins …

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ProVeg Wagamama

ProVeg International

Wagamama Promotes Plant-Based: A Case Study by ProVeg International

ProVeg International has recently published a case study exploring British restaurant chain Wagamama’s plant-based menu expansion. Wagamama is well-known for its Japanese-inspired menu, which is now 50% plant-based as part of its effort to mitigate climate change. The case study explores how and why Wagamama bosses decided to expand its plant-based range, and provides key tips for other food service businesses looking to expand their plant-based offerings. These recommendations include: …

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Beyond Burger 3.0

©Beyond Meat

Beyond Meat Posts Second-Largest Net Revenue in Q2, But Missed Earnings Lead to Layoffs and Cutbacks

On Thursday, plant protein leader Beyond Meat (NASDAQ: BYND) reported its 2nd quarter results for 2022, and the company’s missed earnings have led to some layoffs and lowered revenue prospects amid ongoing economic turbulence. Net revenues for Q2 in 2022 were $147.0 million, a decrease of 1.6% year-over-year. The company posted a gross profit loss of $6.2 million, or a gross margin of -4.2% of net revenues. Beyond also decreased …

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Mr. Veggy Sausages in Brazil

©Mr. Veggy

Grano Foods Acquires Mr. Veggy to Popularize Plant-Based Meat in Brazil

Frozen vegetable company Grano has acquired Mr. Veggy, a leading provider of plant-based meats in Brazil, for an undisclosed amount, reports Estadao. Grano says it aims to popularize alt-proteins in the region by making them more affordable and easier to consume outside the home.  Founded in 2004, Mr. Veggy produces a frozen line of flavored burgers, sausages, kibbeh and more. Through the acquisition, Grano expects to more than double its …

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Steakholder Logo

©Steakholder Foods

MeaTech 3D Changes Name to Steakholder Foods to “Cultivate New Community of Meat Lovers”

MeaTech 3D Ltd., the first world’s first publicly listed cultivated meat company, announces it is changing its name to Steakholder Foods Ltd. (Nasdaq: STKH.) The new name is intended to reflect the company’s commitment to building a strong community of meat lovers who support changing the world through cultured meat production.  Founded in Israel, Steakholder is a leading innovator in the cultivated meat industry, having developed cutting-edge technology and processes …

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Nomoo Cheeseburger and Fries

©Nomoo

Nomoo Partners with Nestle Professional to Develop Proprietary Plant-Based Burger, Chicken and Cheese

LA burger concept nomoo is partnering with Nestle Professional, the world’s largest global foodservice manufacturer, to develop a proprietary line of plant-based products. The companies’ first offering, a gluten-free, non-GMO pea protein burger, will launch in October 2022, with a plant-based chicken burger and cheese currently in the works.  Created to help streamline nomoo’s operations, the new line will provide key advantages for the vegan fast food brand as it …

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