Meat & Poultry: Page 40
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Courtesy of Atlast Food Co
Atlast Food gets $40M for its bacon alternative
The company uses mushroom mycelium to create whole cuts of meat, and has founders of Applegate, Stonyfield and Whole Foods among its investors.
By Megan Poinski • April 15, 2021 -
Deep DiveBy the numbers: How food sales during COVID-19 compare to the year prior
The pandemic's shutdown of food and drink away from home was a boon to some companies and a bane to others, according to data from earnings reports.
By Megan Poinski • April 13, 2021 -
Explore the Trendline➔
Courtesy of Instacart
TrendlineTop 5 stories from Food Dive
The food and beverage industry is changing rapidly and the actions companies take this year are likely to play a major role in defining their future.
By Food Dive staff -
Courtesy of Nestle
Nestlé adds Banza chickpea pasta to Life Cuisine offerings
The brand, which also is using cauliflower rice and spiralized zucchini, said 10 new varieties cater to popular trends such as high protein, meatless, gluten free and low carb.
By Christopher Doering • April 12, 2021 -
Permission granted by Tyson Foods
Tyson opens first new poultry plant in 25 years
Meat sales skyrocketed during the pandemic and many consumers plan to keep up their purchasing patterns, prompting the company to ramp up production capabilities.
By Lauren Manning • April 12, 2021 -
Courtesy of SnackMagic
SnackMagic raises $15M as profitable startup taps into snacking surge
The company, which started in May, plans to use the funding to support its expansion into other categories such as meal kits, alcoholic beverages and desserts.
By Christopher Doering • April 9, 2021 -
Courtesy of Impossible Foods
Impossible Foods preparing to go public with $10B valuation, Reuters reports
Speculation about when the plant-based meat company would hit the markets has been rampant for years, and the wire service says it is mulling either a traditional IPO or a SPAC deal.
By Megan Poinski • April 8, 2021 -
Courtesy of Mission Barns
Cultivated fat startup Mission Barns raises $24M to scale up
The company attracted a number of investors that have backed heavyweight alternative protein startups including Oatly, Beyond Meat, Perfect Day and Impossible Foods.
By Lauren Manning • April 8, 2021 -
Ingredion and Kemin make deals boosting presence in clean label offerings
The purchases of KaTech and Proteus mark the latest acquisitions in the ingredients space as companies aim to respond to changing consumer trends.
By Lauren Manning • April 7, 2021 -
Courtesy of Good Catch
Gathered Foods nets $26.35M
Global agricultural commodities firm Louis Dreyfus Company is a new investor, with funds for plant-based seafood brand Good Catch to innovate, expand and move into more international markets.
By Megan Poinski • April 7, 2021 -
Which food sales will slump as restaurant dining reopens
Meat and herbs and spices are most likely to see declines as out-of-home eating increases, but consumers' new love for cooking offers opportunity to mitigate the loss, a Numerator report finds.
By Lauren Manning • April 7, 2021 -
Permission granted by Beyond Meat
Plant-based food worth $7B in 2020, posting 27% growth
New sales data from SPINS and released by the Good Food Institute and Plant Based Foods Association shows analogs for meat, dairy and eggs more than doubled their growth rates from 2019.
By Megan Poinski • April 6, 2021 -
Opinion
How Tyson is rethinking the online shopping experience for fresh meat
The COVID-19 pandemic has accelerated consumers' use of e-commerce to buy food. The fresh meat company is leveraging tech to improve the occasion, writes Jennifer Fitting, director of e-commerce for Tyson Foods.
By Jennifer Fitting • April 5, 2021 -
Permission granted by Anheuser-Busch
Anheuser-Busch invests $100M to upcycle barley used to make beer
The company's subsidiary EverGrain will scale up production of the saved grain on the brewer's St. Louis campus and is currently in discussion with "all the major CPGs" to use it.
By Christopher Doering • April 1, 2021 -
Many global food brands failing on animal welfare, report says
The 2020 Business Benchmark on Farm Animal Welfare reveals that 59 of the world's 150 largest food brands provide little or no information on their policies, and 31 have no framework at all.
By Barbara Smith • April 1, 2021 -
Courtesy of Sweet Earth
Nestlé's Sweet Earth riding 'the chicken wave' as demand for plant-based offerings grows
The food giant launched its Mindful Chik'n line in 2019 and has seen the brand outperform expectations, giving executives confidence to push ahead with new product launches.
By Christopher Doering • April 1, 2021 -
Permission granted by Raley's
Not all food categories have post-pandemic staying power, report reveals
While consumers are likely to buy more seafood, soda and wine after the COVID-19 crisis resolves, new data from Numerator finds purchasing habits for alternative meats and yeast may be less permanent.
By Lauren Manning • March 30, 2021 -
Courtesy of LiveKindly Collective
LiveKindly Collective closes $335M funding round
In its first year, the platform company dedicated to increasing plant-based eating has raised $535 million. These latest funds will support expansion to the U.S. and China, acquisitions, partnerships and innovation.
By Megan Poinski • March 29, 2021 -
Permission granted by ICL / Pat Arnold
Sponsored by ICLMeatless moves mainstream – finding new uses for alternative proteins
The COVID-19 pandemic has accelerated this trend as more consumers are choosing food substitutes that are better for their personal health and the planet.
March 29, 2021 -
Report: Beef led soaring meat sales in 2020
However, the FMI report noted that the percentage of consumers who identify as "meat eaters" declined from 85% in 2019 to 71% in 2021, highlighting potential challenges ahead.
By Catherine Douglas Moran • March 26, 2021 -
Courtesy of Impossible Foods
Alternative proteins may capture 11% of total protein sales by 2035
A new study estimates the segment will be valued at $290 billion in the next 14 years, as well as potentially reach price parity with conventional meat products as early as 2023.
By Lauren Manning • March 25, 2021 -
Courtesy of Eat Just
7 in 10 US consumers would swap cell-based chicken for traditional meat
The study done by an outside firm on behalf of Eat Just found overall attitudes toward cultured meat offerings are becoming more favorable.
By Megan Poinski • March 25, 2021 -
Permission granted by PepsiCo
PepsiCo overhauls Evolve in bid to make plant-based brand a household name
The food and beverage giant, which acquired the maker of bars, shakes and powders from Hormel in 2019, is hopeful new packaging, advertising and flavor profiles will raise brand awareness.
By Christopher Doering • March 24, 2021 -
Permission granted by Tyson Foods
Inside Tyson Foods' COVID-19 vaccine rollout at its Council Bluffs, Iowa, plant
In one day, 1,100 workers, or roughly 65% of people at the facility and a nearby pepperoni plant, were vaccinated.
By Christopher Doering • March 24, 2021 -
Courtesy of Meatable
Cultured meat startup Meatable raises $47M to fund growth
The investment will be used to develop a small-scale production facility in the Netherlands as well as to diversify its product offerings in beef, pork and potentially other cell-based species.
By Lauren Manning • March 24, 2021 -
Courtesy of Eat Just
Eat Just gets $200M investment
The funding round, led by the Qatar Investment Authority, will help the plant-based egg and cell-based meat company build capacity, increase R&D and grow its brands in international markets.
By Megan Poinski • March 23, 2021
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