plantbased

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…

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…

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…

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…

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,…

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…

Exciting News: Danone Acquires Majority Stake in Kate Farms Yogurt leader Danone announced on Monday that it has agreed to acquire a majority stake in Kate Farms, a renowned producer of plant-based nutrition shakes. This strategic acquisition will enhance Danone’s…

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,…

Oatly’s New Strategy Aims to Boost Plant-Based Milk Demand in the U.S. Oatly is gearing up to revitalize the demand for plant-based milk in the U.S. with a new strategic approach that is set to pave the way for its…

Key Points: Kraft Heinz is launching its first plant-based dessert with Jell-O Oat Milk Chocolate Pudding. The snack is aimed at consumers allergic to dairy, lactose intolerant or just avoiding foods made with animal-based ingredients. Kraft Heinz has expanded its…