Future Food Quick Bites highlights the latest trends in the alternative protein and sustainable food industry. Recent product launches include vegan pasta sauces by Next! Foods in Australia, plant-based cheese by Hershey's in Canada, and vegan chocolate truffles by Lindt in the US. Kellogg's has introduced a new plant-based burger, while British chain The Beefy Boys has also debuted a meatless option. Additionally, alternative dairy products and collaborations in the industry are on the rise, with companies like Velike! and Cathedral City expanding their vegan offerings.
In terms of funding and M&A activity, Novel Farms in California received a grant to scale up their cultivated pork loin production, while Finnish alt-dairy brand Oddlygood acquired Nordic brand Planti. ProVeg International welcomed eight new startups in its Incubator's 11th cohort, focusing on sustainable food systems. Policy and research developments include a study showing a rise in meat reduction in Australia and the response to the UK Climate Change Committee's report on plant-based foods. The industry is also seeing advancements in novel technologies, such as ProFuse's muscle tissue growth tech and Novozymes' clean-label meat ingredient.
*This summary was generated using AI.
Read Full Article