Here’s where to find out the latest business news about plant-based companies, a growing segment of the food market.
Plant-Based Business News
Plant-Based Competition Heats Up as Future Farm Expands in US and Europe
The plant-based protein market is getting as hot as a grill on the Fourth of July, as competition for consumers looking to buy meat alternatives is growing. The latest player to challenge the heavy hitters, Impossible and Beyond Meat, is a Brazilian upstart that just raised $58 million to take America by storm called Future Farm. The food tech...
Plant-Based Seafood Companies Raised $116 Million in the First Half of 2021
Fish alternatives seem to be jumping out of the water as new plant-based seafood products rapidly reach stores, restaurants, and plates worldwide. Companies like Gathered Foods, BlueNalu, and New Wave Foods have paved the way for the plant-based fish market, raising more than $116 million in investment capital in the first half of 2021. The Good Food Institute...
Whole Foods Introducing Vegan Grilled Chicken Made by Lightlife
Lightlife is a company on the move. First, it challenged the big two plant-based burger makers to make cleaner meat, taking out ads in major newspapers to point out that its paddies have fewer additives. Then it released an ad campaign narrated by Awkafina to encourage plant-based eating. Now the Canad...
Ashton Kutcher Invests in Cultivated Meat Company
Ashton Kutcher and talent manager Guy Oseary just announced that they are investing in cultivated meat company MeaTech 3D to develop "clean meat" alternatives for the masses. The food tech company has become one of the first movers in the rapidly growing cultivated meat industry, but the celebrity endorsement aims to propel it and the industry into the public spotlight. The partnership w
Ripple Foods Secures $60 Million to Expand Pea-Based Product Line
California-based Ripple Foods launched in 2016 to develop pea-based milk and has now secured a $60 million Series E funding round. The company announced that the investment package will be allocated to expand its plant-based milk production, aiming to both increase its commercial outreach and expand its product selection.
The innova...
Perfect Day Teases Animal-Free Cream Cheese as Company Raises $350 Million
Cell-based dairy pioneer Perfect Day just secured $350 million in its Series D funding round, making it the most funded fermentation-based company. The food tech company’s funding now totals $750 million, pushing its innovative dairy-identical products to the forefront of the industry. The compa...
Report: Alternative Protein Will Make Up 64 Percent of Global Protein Market
Together, the plant-based and cultured meat markets have experienced unprecedented growth over recent years as consumers worldwide begin to prioritize sustainable and nutritious foods. A new research report from the investor network FAIRR Initiative has found that the alternative protein market could amount to 64 percent of the global protein market by 2060. The...
Global Vegan Beauty Market Expected to Reach $20 Billion in Next Five Years
Similar to the booming plant-based food market, the vegan beauty industry is also experiencing rapid growth: Consumers worldwide have shifted towards plant-based and cruelty-free products as concerns regarding animal welfare and sustainability have entered the spotlight...
Leonardo DiCaprio Invests in 2 Cell-Based Meat Companies
He may not be vegan or even plant-based but Leonardo DiCaprio is going deep into sustainable food products. The Oscar winner and outspoken environmentalist recently invested in two cell-based meat companies, Aleph Farms and Mosa Meat.
DiCap...
GOOD Meat Raises $97 Million, Now the Highest-Funded Cultured Meat Company
Could the next chicken breast you eat be cruelty-free? GOOD Meat – the cultivated meat brand from sustainable food company Eat Just – is now the largest cultured meat company on the market, securing an additional $97 million in new funding to bring cell-cultured meat into the mainstream.
The most recent fundin...