The new funding will scale up the production process and advance R&D.
Beef, pork, and poultry prices are expected to increase due to supply constraints and higher production costs. Dairy and egg prices will also remain high as farmers face rising feed and labour expenses.
Impossible Foods launches its first plant-based steak product, Impossible® Steak Bites. The pre-cooked, protein-rich bites offer a meat-like texture and reduced environmental impact.
Russia is set to sign a four-year fisheries deal with Morocco after the previous agreement expired in December 2024. The new deal would allow Russian vessels to fish 80,000 tonnes of seafood in Moroccan waters by the end of 2025.