From FoodDive (currently updated through October 28):
Tracking the plant-based protein movement
From plant-based burgers to chik’n nuggets, stay up-to-date on product launches and company histories with our tracker.oes it seem like it’s difficult to keep track of all the news in the plant-based space?From plant-based burgers to chick’n nuggets, companies have launched a variety of new products in recent months and acquired brands to get prime products in the alternative protein space. Investors have also poured more than $16 billion into U.S. plant-based and cell-based meat companies in the past 10 years — $13 billion of it in 2017 and 2018.
The numbers show that trend continuing. Growth of plant-based protein and meat alternatives is projected to increase from $4.6 billion in 2018 to a whopping $85 billion in 2030, according to investment firm UBS.
With consumers pushing for both healthier and more sustainable diets, the space is primed for continued growth. A recent study from DuPont Nutrition & Health found that 52% of U.S. consumers are eating more plant-based foods and they believe it makes them feel healthier.
Plant-based products are shaping some of the biggest companies’ portfolios as many are trying to get into the red-hot sector. Click on company names, product types or business action to see which products, investments and controversies are going on. This tracker will be continually updated.....
....MUCH MORE, the news stream in blog format e.g.:
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October 2021
Daring Foods raises $65M and launches at Walmart
The Series C round was led by Founders Fund and including previous investor D1 Capital Group as well as athletes and celebrities such as tennis Grand Slam champion Naomi Osaka, former NFL quarterback Cameron Newton and DJ and music producer Steve Aoki. This retail expansion doubles the stores in which the company's plant-based chicken products are sold. Read more ➔
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October 2021
Aqua Cultured Foods received $2.1M in an oversubscribed pre-seed round
Investors in this round include Supply Change Capital, Aera VC, Sustainable Food Ventures, Hanfield Venture Partners, Lifely VC, Conscience VC, Kingfisher Capital, Hyde Park Angels and Gonzalo Ramirez Martiarena. The funds will be used to accelerate the fermented seafood analog company's R&D.
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October 2021
The Very Good Food Company launches Butcher's Select Mmm...Meatballs and Very Good Butchers Steak
The meatballs won the NEXTY award for Best New Frozen Product. The steak, made with shiitake mushroom and beets, is a whole cut product.
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October 2021
Above Food to buy Atlantic Natural Foods
The Canadian vertically integrated plant-based food company will acquire the U.S.-based maker of Tuno and Loma Linda for more than $30 million. Read more ➔
Silva Sausage and Mission Barns enter partnership for plant-based sausage with cultivated fat
The companies completed a scaled-up run of Mission Chorizo Sausage, the product of this partnership, as part of the announcement. No target launch date is set yet. Read more ➔
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