Plant-Based Business News

A new report claims that Beyond Meat could reach $1 billion in total revenue by 2023. The Trefis Team research Beyond Meat’s impact on the market, following consumer trends, to evaluate how the plant-based protein company will fare in upcoming years. The ...

Global investment bank Credit Suisse is betting big on the future of plant-based, releasing a statement that estimates the vegan food market will grow 100-fold by 2050. The plant-based food market has experienced a shocking increase in popularity in recent years and the finance organization believes that a full plant-based shift in global food systems is “inevitable.” The research ...

As cultured meat becomes more widely available, the market is quickly gaining steam, thanks to its low carbon footprint and cruelty-free approach in comparison to traditional meat . ResearchandMarkets.com recently added a report titled “Cultured Meat Market by Type and End User: Global Opportunity Analysis and Industry Forecast 2022-2030” that projected the current cultured meat market will rise f

Co-founder of Reddit and plant-based investor Alexis Ohanian just led a $50 million B-series round to help grow plant-based food start-up, SIMULATE, maker of NUGGS. Ohanian made the investment through his venture capital firm Seven Seven Six, and joined the company’s board. SIMULATE considers itsel...

It's no secret that the sales of plant-based foods continue to surge, as consumer preferences shift and more Americans say they want to eat meatless products more of the time. Companies from Nestle to Cargill have shifted focus to begin creating more plant-based products to meet the growing demand, and now David MacLennan, CEO of the food giant Cargill predicts that plant-based protein will signif

The trend in plant-based consumption is not going away, as more Americans choose to buy non-dairy milk and meat alternatives than ever, a report released today by Instacart found. One in three shoppers purchases plant-based meat or milk products regularly, and the trend spans all ages and demographics, as the desire for plant-based milks and alternative meats continue to expand. “Sear...

California-based alternative protein company TerViva recently signed a deal with the dairy giant Danone to produce new plant-based products. The growing company uses oil sourced from Pongamia trees to create a plant-based protein, trees that are part of the pea family, producing a golden, thick oil with a neutral taste...

Oatly’s long-awaited IPO hit the market and even at a tremendous valuation of $10 billion the stock price lept as oat milk lovers flocked to own a piece of their favorite plant-based milk and ice cream company. The oat milk giant gained immense, widespread popularity within the US, from local coffee shops to national brands carrying the brand's dairy alternatives. Oatly will be offer...

Eat Just recently secured a $170 million funding round to bulk up its manufacturing and propel its new Good Meat brand – a subsidiary that will develop cell-based meat products – into production. Eat Just is well known for its plant-based JUST Egg products, but the company plans to expand its range to encompass other proteins. Eat Just partne...

Superstar Drake joined Daring Foods for the plant-based protein company's massive Series B funding round. Following an extremely successful first year in the United States, Daring announced a $40 million investment round spearheaded by D1 Capital Partners. Currentl...