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
This Rising Vegan Cheese Brand Just Raised $3 With Help From Jay-Z
Legendary rapper and entrepreneur Jay-Z just invested in vegan cheese brand Misha’s Kind Foods, helping the brand secure a total of $3 million during the company's seed investment round. Jay-Z invested in the company through his investment capital firm Marcy Venture Partners (MVP) alongside NBA all-star Chris Paul and branding firm Lisa Shamus & Partners (LSP).
The mission of Misha’...
Read Mo
Daily Harvest Donating $50,000 to Support Teachers This School Year
Daily Harvest is partnering with non-profit DonorsChoose to help promote healthy living and eating while giving back to teachers across the US. The company announced that it will launch a campaign to match donations up to $50,000 for teachers nationwide. The...
Beyond Meat Files Trademark for Vegan Milk, Eggs, Jerky, and Seafood
Plant-based giant Beyond Meat just filed for the trademark for the name Beyond Milk for its upcoming line of dairy-free milk. The California-based tech company filed for this trademark on August 12th, according to documents within the US Patent and Trademark Office . Alo...
Oatly Continues Its Fight to Trademark the Word ‘Barista’
Oatly is slated to finish construction on its third production facility in the US by 2022, but along with building physical plants, the company is engaged in a different uphill climb, as it fights to trademark the term ‘barista.' Oatly’s oat m...
Miyoko’s Creamery Wins Landmark Case Over Product Labeling
Miyoko’s Creamery recently won its lawsuit against the California Department of Food and Agriculture which determined whether or not plant-based products can feature terms including “butter” and “dairy” on vegan products. The US District Court for the Northern District ...
Bloomberg Predicts the Plant-Based Market Will Grow 450 Percent by 2030
A new report released by Bloomberg predicts that the plant-based food market will exceed $162 billion within the next decade, a multiple of more than 4 times the current size of nearly $30 billion. The publication attributes consumers growing concerns about sustainability and a preference for healthy foods as driving factors of the plant-based surge.
Bloomberg Intel...
Miyoko’s Creamery Secures $52 Million to Bring Vegan Cheese to Restaurants
Vegan cheese company Miyoko’s Creamery just secured a $52 million investment package during its Series C funding round, showcasing the rapid rise in the vegan dairy market. The company announced that the incoming investment will allow it to hire an additional 10 research and development employees and push its vegan cheese to restaurant distribution.
F...
Meal Delivery Service Freshly Releases a Fully Plant-Based Menu
Food giant Nestle is launching a completely vegan ready-made meal line, providing consumers with chef-prepared meals available through a delivery service. Nestle’s brand Freshly just announced its new Purely Plant menu that will feature six plant-based options that boast nutritional and delicious value. The ...
Miyoko Schinner Is Redefining Wine Country With a Vegan Twist
Plant-based cheese pioneer Miyoko Schinner is reinventing the wine and food experience in Northern California. The founder and CEO of vegan cheese company Miyoko’s Creamery is launching the campaign 'Wine Country 2.0' in an effort to incorporate a vegan perspective of the entire wine experience. The ...
So Delicious Dairy-Free Is Launching a Campaign To Support Coconut Farmers
So Delicious Dairy-Free announced today that it will help launch Good People Loop, a non-profit program aiming to support coconut farmers associated with the brand’s parent company Danone. The partnership will work to help the coconut farmers responsible for the ingredients used to make the dairy-free So Delicious ice cream. The ...