5/25/2021
Sweden-based oat milk maker Oatly Group, which recently raised more than $1.4 billion in its initial public stock offering, is eyeing an expansion into vegan cheese, CEO Toni Petersson said. The brand already sells plant-based cream cheese, yogurt and frozen desserts, and it sees plant-based cheese as a category with growth potential.
7/27/2021
The "What's New in Snacking" report from FONA has found three major snacking occasions exist, including the desire to indulge, fulfilling a need such as post-workout energy, and creating a quick, small meal. Consumers are seeking more bold flavors, plant-based options and functionality, with the top 10 flavors including sea salt, BBQ, peanut butter and chocolate, the report states.
7/27/2021
Stater Bros. Markets has created an online forum linking local producers with manufacturers in an effort to diversify its products. The Local Fare forum is specifically looking for California suppliers in the organic, non-GMO, plant-based, gluten-free, vegan and keto industries.
7/6/2021
New beverage products include Laird Superfood's first plant-based powdered milk line called Aloha Oatmac that features an oat- and macadamia-based milk. Else Nutrition Holdings has debuted a plant-based protein powder line designed for kids, and tart cherry juice brand Cheribundi has released an immunity variety fortified with B vitamins and echinacea.
7/26/2021
People in the five global "blue zones" -- specific areas of Greece, Japan, Sardinia, Costa Rica and California -- practice lifestyle habits that appear to contribute to greater survival past age 100. Researcher Dan Buettner has found that these people make key lifestyle choices in nine areas: Movement, purpose, stress, mealtimes, plant-based diet, wine consumption, spirituality, family relationships and friendships.
7/26/2021
Urban Remedy, a plant-based organic brand that offers nut milks, cold-pressed juices, snacks and ready-to-eat meals in grocery kiosks, its own stores and online, has raised $18 million in a Series D funding round. The funding will support a nationwide expansion.
5/21/2021
Plant-based dairy products have become a sales powerhouse, notching year-over-year growth of 29% and reaching a total marketplace value of $5.6 billion, according to the research company SPINS. A recent webinar by FMI explored some of the reasons behind the trend, finding that many shoppers who buy plant-based products are trying to focus on helping the environment and improving their own health by adopting a flexitarian approach to eating.
5/20/2021
Rapid technological advancements are propelling plant-based innovations at a pace never before seen. What will the continuing evolution of plant-based products mean for our definitions of vegetarian and vegan?
• Itske Zijp (R&D manager, The Vegetarian Butcher)
• Marika Azoff (corporate engagement specialist, Good Food Institute)
• Rob Morasco (senior director of culinary development, North America, Sodexo)
Sponsored by Unilever Food Solutions
5/20/2021
PepsiCo plans to expand its plant-based offerings to drive growth by meeting consumer demand for functional ingredients that also shrink a product's environmental footprint, said Rene Lammers, chief science officer. "Ultimately, we want to make this a much bigger play for us," said Lammers.
5/20/2021
Oatly Group, a Swedish startup that makes plant-based milk, raised $1.4 billion in its initial public offering. The company sold 84.4 million American depositary shares priced at $17 apiece, the high end of their marketed range, giving the company a $10 billion valuation.
