Meat & Poultry: Page 25
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Courtesy of Vow
Vow raises $49.2M to expand cultivated meat production
The Australian company, which focuses on growing uncommon types of meat such as kangaroo, alpaca and quail from cells, plans to launch in its home country and the U.S. next year.
By Megan Poinski • Nov. 14, 2022 -
Brandon Bell via Getty Images
Grocery prices post smallest monthly increase in nearly a year
Food and beverage prices at the store rose 0.4% in October from the prior month, according to the government’s CPI report, with eggs alone climbing 10.1%.
By Chris Casey • Nov. 10, 2022 -
Courtesy of Air Protein
Deep DiveFrom science to CPG: Finding the right team to go beyond the lab
While scientific processes and developments are core to what food tech companies do, they need employees who can turn the science into a successful business.
By Megan Poinski • Nov. 10, 2022 -
Courtesy of Beyond Meat
As revenue slides, Beyond Meat CEO outlines strategy to improve business
CEO Ethan Brown said today’s economy has not been kind to plant-based meat. He’s aiming to return the company to cash-flow-positive operations in the second half of 2023.
By Megan Poinski • Nov. 10, 2022 -
Courtesy of Steakholder Foods
From science to CPG series
A five-part series examining the challenges food tech companies face when scaling up.
By Megan Poinski • Nov. 9, 2022 -
Courtesy of Upside Foods
Deep DiveFrom science to CPG: Adapting R&D to regulations — and eventually consumers
As food tech startups grow, their focus needs to shift from scientific breakthroughs to meeting stringent manufacturing rules, as well as thinking a lot about the people who will one day eat their products.
By Megan Poinski • Nov. 9, 2022 -
Courtesy of Quorn
Fermentation leaders form Fungi Protein Association
Companies including Quorn, MycoTechnology, Meati and The Better Meat Co. are coming together to advocate for alternatives that are not made from plants.
By Megan Poinski • Nov. 9, 2022 -
Joe Raedle via Getty Images
New Tyson CFO arrested on trespassing, public intoxication charges
The incident involving the meat giant’s recently appointed CFO — son of the company’s chairman — reignites concerns about potential conflicts of interest.
By Grace Noto • Nov. 8, 2022 -
Courtesy of Caulipower
ColumnLeftovers: Caulipower thaws innovation in frozen meals; Truff shakes into seasoning salt
The cauliflower brand is expanding its presence in the freezer aisle with three gluten-free pasta options, and Jimmy Dean thinks small with egg bites.
By Food Dive staff • Nov. 4, 2022 -
Courtesy of International Flavors & Fragrances
IFF launches plant-based ingredient that mimics chunky meat texture
The company said its soy-based Supro Tex product can be hydrated with a variety of colors and flavors for use in plant-based beef, chicken, pork and lamb dishes.
By Megan Poinski • Nov. 3, 2022 -
Jeff J Mitchell via Getty Images
Meat industry report touts sustainability commitments ahead of COP27
As world leaders plan to discuss climate change at the United Nations conference, the North American Meat Institute said 81% of its meat processor members have plans to lower emissions.
By Chris Casey • Nov. 2, 2022 -
Courtesy of Jack & Annie's
How Jack & Annie’s uses jackfruit to shake up plant-based meat
Founder and CEO Annie Ryu said the massive fruit native to South India has a meat-like texture and easily adapts to products including chicken-like nuggets and meatballs.
By Megan Poinski • Nov. 2, 2022 -
Getty Images
Thanksgiving turkeys will cost 23% more this year: Wells Fargo
Consumers may want to trade down to less expensive items to replace traditional dishes, the banking giant said in a report.
By Chris Casey • Nov. 1, 2022 -
Courtesy of Impossible Foods
Impossible Foods’ patent affirmed in legal battle with Motif FoodWorks
While the ingredient company’s challenge to the plant-based meat maker’s intellectual property was not reviewed, the litigation between the two parties continues.
By Megan Poinski • Oct. 31, 2022 -
DOJ investigating poultry payment practices, Pilgrim’s Pride says
The poultry giant said it learned of the government’s civil investigation earlier this month. It warned any action from the review could impact its operations.
By Chris Casey • Oct. 28, 2022 -
Retrieved from Pilgrim's Pride on September 23, 2020
Pilgrim’s Pride’s revenue soars as cash-strapped consumers trade down to chicken
A shift away from more expensive beef and pork is helping poultry, a trend CEO Fabio Sandri says will continue through an economic downturn.
By Chris Casey • Oct. 28, 2022 -
Courtesy of Impossible Foods
Impossible beef, hard seltzer make up NielsenIQ’s 2022 innovations
Despite a slowdown in new product development during the last three years, the marketing research firm highlighted offerings from Coca-Cola, Danone and Mondelēz among the recent standouts.
By Chris Casey • Oct. 27, 2022 -
Permission granted by Better Meat Co.
The Better Meat Co. patents mycelium it says ‘does an even better job of mimicking’ meat
The California company received its fourth patent for its versatile and shelf-stable Rhiza protein, made from the roots of the fast-growing fungus Neurospora crassa.
By Megan Poinski • Oct. 25, 2022 -
Retrieved from Tyson.
Tyson will pay $10.5M to settle Washington poultry price-fixing suit
The state-level lawsuit includes 16 other chicken producers, which the attorney general says drove up consumer prices since at least 2008.
By Chris Casey • Oct. 25, 2022 -
Courtesy of Beyond Meat
Beyond Meat’s plant-based steak launches at more than 5,000 stores
The product, the first of its kind widely available in U.S. grocery stores, could help turn the company’s fortunes, which have been mired recently by job cuts and slowing sales.
By Megan Poinski • Oct. 24, 2022 -
Permission granted by Motif FoodWorks
Motif FoodWorks partners to improve dairy and meat alternatives
The agreement with precision fermentation specialist Vectron Biosolutions, which has mostly worked in the pharmaceutical space, focuses on improving taste, texture and nutrition levels.
By Megan Poinski • Oct. 21, 2022 -
Courtesy of Beyond Meat
Beyond Meat settles legal battles with Don Lee Farms
The settlement of two bitterly fought cases between the publicly traded company and its former co-manufacturer is confidential, but both sides say they are “satisfied with the outcome.”
By Megan Poinski • Oct. 19, 2022 -
Courtesy of Zero Egg
Zero Egg cracks into the plant-based sector with a versatile substitute
The Israel-based company’s product, made from soy, pea, chickpea and potato proteins, can swap for the chicken-produced staple for both breakfast and baking, says CEO Liron Nimrodi.
By Megan Poinski • Oct. 18, 2022 -
Paula Bronstein via Getty Images
USDA proposal focuses on reducing salmonella in poultry
The department’s proposed framework includes requiring breeders to test birds for the bacteria before selling it to meat companies in order to prevent outbreaks.
By Chris Casey • Oct. 17, 2022 -
Courtesy of Beyond Meat
Beyond Meat lays off 200 employees and slashes its revenue outlook
The plant-based meat company, which is eliminating about a fifth of its workforce after cutting staff in August, said the latest job reductions can drive more sustainable growth.
By Megan Poinski • Oct. 14, 2022
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