Category: Plant-based Foods

RAPS launches vegan barbecue products made from pea-protein

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GERMANY – RAPS, a leading supplier of the meat industry has launched new vegan barbecue products made from pea-protein in an effort to bring even more variety to the plant-based market that is currently in vogue. The new products range from burger patties and bratwurst, to barbecue skewers and meatballs and promise “flavoursome, flame-grilled enjoyment”. The German based company said the new products addresses the demands of manufacturers who want to expand their barbecue range with diverse, plant-based applications. The launch is timely as meat-free products for vegans, vegetarians and…

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Bell launches new flavours to enhance sensory profile of plant-based foods

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EUROPE – Bell Flavors & Fragrances has launched a portfolio of functional flavors to aid European manufacturers in mitigating specific off-notes, while creating a more neutral and appealing sensory profile in plant-based foods. Plant proteins often generate unwanted bitter or beany off-notes or lack specific sensory attributes, making them less appealing for consumers. To address this problem, experts from Bell identified the potential off-tastes of various protein sources, including soy, wheat, pea, rice, oat, almond and coconut. Primary focuses were studying the ingredients’ organoleptic effects on taste and other characteristics,…

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Bunge expands presence in alternative protein sector with new US$35M investment in Australian plant-based protein startup

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US – American agribusiness and food company Bunge has invested AU$45.7 million (about US$35 million) in Australian Plant Proteins (APP), expanding its presence in the fast-growing sector and contributing to the development of the sector in Australia. APP is a supplier of high-purity plant protein isolates. It launched its first commercial processing plant in Horsham last year. The company produces  fava bean protein isolate which has a high functionality that stems from APP’s proprietary fractionation process that retains protein quality during production. This allows APP’s protein isolates to be used…

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Nestlé launches dairy free Milo in Asia, commits to protect region’s forest landscapes

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ASIA – Nestlé has launched its plant-based version of popular chocolate malt beverage, Milo in Asia in response to a rising tide of consumers preferring more dairy alternatives in their diet. This new version replaces the milk in the original recipe with almond and soy, but the other two core ingredients – malt and cocoa – remain the same. Its launch follows the roll out of a plant-based Milo powder in Australia in 2020, a launch that created huge excitement in the country where Milo was first introduced in 1934.…

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Plant-based meat biggest winner of alternative protein boom in 2020, achieves US$1.4bn in sales

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GLOBAL – The plant-based meat category experienced a boom in 2020 thanks to a raging pandemic that impacted supply chains of conventional meat leading to consumers discovering new brands on store shelves. According to a recently released SPINS data by the Good Food Institute and the Plant-Based Foods Association (PBFA), the Plant-based meat had US$1.4 billion in sales, growing 45% overall compared to 2019 and making up 2.7% of all U.S. retail packaged meat sales. Refrigerated plant-based meat sales saw the highest growth percentage, up 75% in 2020, according to…

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Nestlé’s new plant-based food processing facility in Malaysia to support alternative proteins adoption in Asia

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MALAYSIA – World’s largest food company Nestlé has inaugurated a new production site for plant-based burgers, schnitzels, mince, and more in Shah Alam, Malaysia in an effort to support the current wave of alternative protein foods that is currently happening in Asia. According to Nestlé, the new facility has the capacity to produce 8,000 tons of plant-based food a year and will supply both foodservice and retail with the new Harvest Gourmet brand. Plant-based diet is now in vogue in Asia just like in many other parts of the world…

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Multi-brand plant-based platform LiveKindly Collective raises US$335M to accelerate expansion into US

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US – LiveKindly Collective, a multi-brand plant-based platform, has raised US$335 million in its latest funding round led by The Rise Fund, which is the global impact investing platform managed by TPG. Food Dive reported that the funding round which was closed in late March included new funds from existing investors such as Rabo Corporate Investments and S2G Ventures. Money from this round, according to a company, will be used to accelerate LiveKindly Collective’s brands into new geographic locations — including the U.S. and China. It will also be used…

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Tetra Pak debuts plant-based tethered cap solutions to help consumers reduce environmental waste

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SWEDEN – Swedish-Swiss multinational food packaging and processing company Tetra Pak has said that it is ready to deploy its portfolio of tethered cap solutions, which will minimize litter as the cap will stay attached to the package. The company further noted that the tethered caps are planned to become available as a plant-based option, therefore increasing the renewable content of the package and cutting down on its carbon footprint.  Tetra Pak said it is also accelerating the expansion of its paper straws offering to ensure more renewable and low…

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Cultured meat startup Meatable raises US$47M to fund growth amid rising demand for animal-free products

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NETHERLANDS – Dutch food company, Meatable now has the opportunity to advance small-scale production at the Biotech Campus Delft and to diversify its product portfolio. This is after a successful Series A round that saw the company raise US$47 million from a consortium of life sciences and food investors. The investors included Section 32, , whose founder was the first CEO of Google Ventures, and DSM Venturing, the corporate venture arm of Royal DSM. The round, according to the company, brings the total amount collected so far to US$60 million…

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Kerry’s Richmond brand launches meat-free meatballs in UK as demand for alternative protein soars

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UK – Richmond brand, one of Kerry’s most prominent food brands,  has expanded its Meat-Free range by launching new meat-free meatballs and minces in the UK. The launch comes at a time when there is soaring demand for alternative proteins as consumer tastes and preferences shift away from animal proteins. According to a recently released report by Boston Consulting Group (BCG) and Blue Horizon Corporation (BHC), the alternative protein market including meat, eggs, dairy, and seafood will reach US$290 billion in value by 2035. The study also concluded that alternative…

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