Market for alternative proteins to reach $5.2 billion by 2020 – report

USA - Plant proteins are big business and a fast-growing category that companies and retailers can’t afford to ignore, according to a new report. The investor report, titled “Plant-based profits,” urges global food companies to diversify their protein sourcing away from a reliance on animal proteins and analyzes how 16 multinational companies are positioned to…

Goldman Sachs Group invests US$65 million in Ripple Foods’ pea milk

USA - Goldman Sachs Group has invested US$65 million in Ripple Foods, a company that deals in making nutritious alternative to dairy milk that is 100% dairy-free, vegan, nut-free, lactose-free and gluten-free. In addition to the funding from Goldman Sachs, the company obtained other funding from Khosla Ventures, Fall Line Capital and S2G Ventures bringing…

Tyson Foods invests in plant-based protein producer Beyond Meat

USA - Tyson Foods, Inc., an international leader in the food industry, has made an additional investment in plant-based protein producer Beyond Meat. Through Tyson’s venture capital fund, the company chose to participate in Beyond Meat’s most recent fundraising initiative, which is designed to generate additional capital to help the business continue to expand its…

Campbell Soup joins the Plant Based Foods Association

USA - Campbell Soup Company, an American producer of canned soups and related products, has announced that it is joining the Plant Based Foods Association, the nation’s only trade group representing the fast-growing plant-based foods sector. The company’s move comes after it opted this year out of the Grocery Manufacturers Association (GMA), the largest grouping…

Mediterranean-diet style may eliminate need for reflux medications

UNITED STATES - A plant-based, Mediterranean style diet had been shown to provide alternative medical benefits for treating laryngopharyngeal reflux as popular medications for reflux. According to a study published in JAMA Otolaryngology Head Neck Surgery by researchers from Northwell Health’s The Feinstein Institute for Medical Research and New York Medical College, the plant based…