Beyond Meat, a leader in the plant-based meat industry, is rebranding itself as Beyond The Plant Protein Co. The company is expanding its product portfolio beyond just meat alternatives, with the recent addition of a new line of sparkling protein…
plantbased
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The acquisition news that has been making waves in the beverage industry is the purchase of organic food and plant-based drink maker SunOpta by Dutch beverage giant Refresco. This deal, valued at $1.1 billion, sees Refresco acquiring SunOpta for $6.50…
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A federal judge struck down a Texas law requiring plant-based and cultivated meat companies to carry disclaimers that their products are not real meat, saying it violated the First Amendment. The judgment comes after a long legal battle in the…
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Danone is introducing a high-protein variation of its Silk brand in an effort to reignite interest in plant-based dairy and address a gap in the market, according to the food giant. Protein has become a popular ingredient in the U.S.,…
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Plant-based brand Caulipower has been acquired by private equity firm Paine Schwartz Partners. Caulipower, known for its cauliflower-crust pizzas and other cauliflower-based products, will now be under Paine Schwartz’s Urban Farmer brand, which specializes in specialty dough products. The financial…
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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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Kraft Heinz is making waves in the plant-based foods market. The consumer packaged goods giant, along with food tech company NotCo, is introducing a new spicy mayonnaise and a portable cup version of their Kraft NotMac & Cheese. This comes…
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Chobani has announced its acquisition of plant-based food maker Daily Harvest, expanding its range of ready-to-make meals. The terms of the deal have not been disclosed. Daily Harvest, founded ten years ago, was one of the pioneers in delivering clean,…