One of the fastest-growing food companies in the U.S. is currently facing a challenge. Meat stick producer Chomps is manufacturing 2 million of its cylindrical snacks daily, but due to high demand, they can only fulfill 85% of their orders.…
Meat
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Key Takeaways: Wildtype and Upside Foods, two cultivated meat companies, have filed a lawsuit challenging the recent Texas ban on lab-grown protein, citing unfair protection of the state’s agriculture industry. Seven states have enacted bans on cultivated meat, while five…
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Key Takeaways: Despite ongoing consumer concerns about inflation, the meat departments of grocery stores showed resilience in 2024, as reported by FMI — The Food Industry Association in their recently released State of Fresh report. In 2024, meat sales saw…
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Summary: Beyond Meat is facing challenges as it struggles with declining sales, leading to delays in bill payments. Data from Creditsafe shows that Beyond Meat’s days beyond terms (DBT) have more than doubled in the past year, reaching 19 days…
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Dive Brief: V2food, a leading plant-based meat company in Australia, has acquired Daring Foods, a vegan chicken producer, to expand into the U.S. market. The acquisition, along with a partnership with Ajinomoto Co., a Japanese ingredients company, will help v2food…
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Key Takeaways: Beyond Meat is planning to reduce its North American workforce by approximately 6%, which amounts to about 44 employees, as the company faces challenges in the plant-based food market. The California-based company anticipates incurring a one-time charge of…
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Key Points: Conagra Brands, based in Chicago, is expecting a significant increase in cost of goods sold (COGs) inflation for fiscal 2026, with a combination of 4% core inflation and a 3% rise due to tariffs, totaling around 7% according…
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Key Points: T. Hasegawa USA has introduced Plantreact, a new flavoring technology designed to mimic the taste of meat in plant-based protein products. Plantreact uses fermentation and advanced techniques to replicate the flavors of chicken, beef, pork, and dairy. With…
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Welcome to the World of Meat Snacks with MrBeast and Jack Link’s Exciting news for meat snack lovers as YouTube sensation MrBeast teams up with Jack Link’s to bring a new line of beef jerky and meat sticks to shelves…
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Key Points: Beyond Meat secures $100 million in funding from a plant-based nonprofit to address financial challenges. Unprocessed Foods provides debt financing in exchange for the option to purchase up to 12.5% of Beyond’s shares. Beyond Meat reports declining sales,…