Meat & Poultry: Page 34
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Courtesy of Future Meat Technologies
Future Meat Technologies raises $347M and makes a $1.70 cell-based chicken breast
The Israeli cultivated meat company also has plans to break ground on a U.S. facility in 2022, with operations beginning in 2024.
By Megan Poinski • Dec. 20, 2021 -
Courtesy of Eat Just
José Andrés joins board for Eat Just's cell-based meat
The celebrity chef pledged to serve cultured Good Meat chicken at one of his restaurants once the U.S. grants regulatory approval. He also will be a culinary advisor to the company.
By Megan Poinski • Dec. 15, 2021 -
Courtesy of Wildtype
Wildtype agreement will bring cell-based sushi to grocery stores and restaurants
The partnership with Snowfox and Pokéworks could eventually bring cultivated salmon to more than 1,300 accessible locations.
By Megan Poinski • Dec. 13, 2021 -
Courtesy of Motif FoodWorks
Motif FoodWorks launches heme ingredient and announces new production facility
Hemami, made through precision fermentation, can give plant-based meat a more authentic taste, the company said. It will be one of the components made in the planned 65,000-square-foot center set to open in 2022.
By Megan Poinski • Dec. 9, 2021 -
Courtesy of Beyond Meat
Beyond Meat hires Tyson veterans in push to boost production and lower costs
By placing seasoned executives from the poultry giant in charge of operations and supply chain, the plant-based company looks to overcome issues that have hampered faster expansion.
By Chris Casey • Dec. 9, 2021 -
Courtesy of Upside Foods
Upside Foods develops animal-free growth medium for cell-based meat
Without relying on pricey substances from animals, the California-based cultured meat company says it can create chicken that is at parity with some upscale traditional options.
By Megan Poinski • Dec. 9, 2021 -
Courtesy of Strong Roots
McCain invests $55M in plant-based frozen brand Strong Roots
The global potato giant adds the Irish company known for Cauliflower Hash Browns and veggie burgers to its portfolio of partners in the trendy better-for-you space.
By Megan Poinski • Dec. 8, 2021 -
Courtesy of Next Gen Foods
Tindle's new take on plant-based chicken gets ready for its US debut
In just a year and a half, Singapore-based Next Gen Foods has raised $30 million for its clean-label and culinary-friendly poultry analog, and plans for this country to eventually be its largest market.
By Megan Poinski • Dec. 8, 2021 -
Courtesy of The Every Company
The Every Company gets $175M investment
The funds will help the animal-free egg white company continue its expansion and commercialization of its ingredients made by precision fermentation.
By Megan Poinski • Dec. 7, 2021 -
Courtesy of Meati
Meati hires General Mills exec to smooth its path to market in 2022
Scott Tassani will bring 30 years' experience to the maker of mycelium-based meat alternatives, which aims to begin direct-to-consumer sales next year.
By Megan Poinski • Dec. 1, 2021 -
Weak efforts will slow meat industry's effort to reduce environmental footprint, report says
Despite making pledges last month at COP26 to cut methane emissions, FAIRR said only 18% of meat and dairy companies actually track the gas.
By Chris Casey • Dec. 1, 2021 -
Getty Images
Thanksgiving dinner costs rise due to inflation and supply chain challenges
The total expense for the holiday meal will be $53.31 for 10 people, a 14% increase from last year, according to the American Farm Bureau Federation.
By Megan Poinski • Nov. 23, 2021 -
Courtesy of New Culture Foods
New Culture raises $25M to launch animal-free cheese in 2022
The funding round — which includes venture arms of Kraft Heinz, ADM and Dr. Oetker — will help the company scale and grow as it plans to commercialize its cow-free mozzarella.
By Megan Poinski • Nov. 23, 2021 -
Courtesy of Impossible Foods
Impossible Foods raises $500M, bringing its lifetime funding to more than $2B
The company, which says it is the fastest growing in plant-based meat, plans to use the money to accelerate its expansion in the U.S. and abroad.
By Megan Poinski • Nov. 23, 2021 -
Courtesy of Greenleaf Foods
What's behind the slowdown in plant-based meat sales?
With major companies posting lower-than-expected revenues, the once-hot sector is looking less appealing to investors. Three analysts give their take on what happened and the segment's future.
By Megan Poinski • Nov. 22, 2021 -
Courtesy of Kemin Industries
Kemin breaks ground on clean-label proteins plant
Less than a year after acquiring Proteus Industries, the company is ramping up production of its ingredients line for meat and poultry applications and has named a leadership team.
By Samantha Oller • Nov. 18, 2021 -
Matthew Stockman via Getty Images
JBS enters cell-based meat with BioTech Foods acquisition and $100M investment
The world's largest meat company is the first to make an acquisition in the growing space, and plans to build a production facility in Spain and a cultivated meat R&D center in its home country of Brazil.
By Megan Poinski • Nov. 18, 2021 -
Permission granted by Sanderson Farms
Sanderson and Wayne Farms merger 'an opportunity that doesn't come along very often,' CEO says
Clint Rivers said the new company — which would be the third-largest U.S. poultry processor after the deal closes — will benefit from expansion into new categories and growing demand for chicken.
By Christopher Doering • Nov. 17, 2021 -
Courtesy of Mosa Meat
How Blue Horizon uses food tech investments to further sustainability
The firm puts funds toward alternative protein companies worldwide, focusing on their potential to improve the environment, human health and animal welfare.
By Megan Poinski • Nov. 15, 2021 -
Courtesy of Sol Cuisine
Marfrig, ADM plant-based venture expands with 2 North American acquisitions
PlantPlus Foods, formed in 2020 to create products for North and South American markets, is buying the maker of Hilary's veggie burgers and private-label manufacturer Sol Cuisine for about $100 million.
By Samantha Oller • Nov. 15, 2021 -
Matthew Stockman via Getty Images
JBS USA names new CEO amid executive reshuffling
Tim Schellpeper will assume the role in January from Andre Noguiera, who has led the beef, pork and poultry producer since 2013.
By Chris Casey • Nov. 12, 2021 -
Courtesy of Tofurky
Tofurky argues Oklahoma plant-based labeling law imposes 'burdensome roadblocks' on the industry
The case, which seeks to overturn a state requirement, has a new food company leading its charge and a revamped legal strategy.
By Megan Poinski • Nov. 11, 2021 -
Courtesy of Beyond Meat
Beyond Meat shares tumble after company reports lower-than-expected revenues
Several factors contributed to the plant-based meat leader missing its targets, CEO Ethan Brown said, but he is optimistic about the company's future.
By Megan Poinski • Nov. 11, 2021 -
Courtesy of The Every Company
The Every Company's animal-free egg proteins debut in Pressed smoothie
The limited-time beverage gives the company a chance to show off its ClearEgg protein to consumers concerned with wellness, product taste and mouthfeel.
By Megan Poinski • Nov. 9, 2021 -
Permission granted by Greenleaf Foods
Maple Leaf plans review of plant-based division after sales declines
The Canadian meat giant will be looking at why consumers are less interested in purchasing its Lightlife, Field Roast and Chao brands, but did not say if it would consider selling them off.
By Megan Poinski • Nov. 5, 2021
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