3 days ago · Elysabeth Alfano is the CEO of VegTech™ Invest, an advisor to a food innovation ET, and a consultant to C-Suite of multinational companies. She speaks internationally on the intersection of investing, sustainability, and food systems transformation and is also the host of the podcast, Upside & Impact: Investing for Change.

Jan 29, 2025 · US-based luxury vegan silk brand niLuu has expanded its presence in the Middle East, launching in Saudi Arabia and Qatar for the first time and arriving at a new outlet in the UAE. niLuu first launched in the UAE in 2023, making its debut at Atlantis, the Palm Jumeirah, and Galeries Lafayette in Downtown Dubai.

Oct 24, 2024 · Three new plant-based milk products have recently launched in the US, signaling continued growth and diversification in the plant-based beverage market.. Despite an eight percent decline in unit sales, the plant-based milk category remains the largest in the US plant-based sector, generating $2.9 billion in annual sales, according to Statista.

Oct 24, 2024 · A new GFI analysis has studied plant-based food sales in six European countries — Germany, France, Italy, the Netherlands, Spain, and the UK.. Based on Circana data, the analysis shows that plant-based sales across these countries reached €5.4 billion in 2023, up 5.5% from 2022.

Feb 27, 2023 · Canada’s The Very Good Food Company (NASDAQ: VGFC) (TSXV: VERY.V), may be forced to close its operations this month after battling a financial crisis and succumbing to receivership.. In September 2022, the Very Good Food Company announced a strategic review to evaluate potential alternatives for maximizing shareholder value, including acquisition or merger with an industry partner.

Dec 2, 2024 · The plant-based food market in the United States has grown substantially over the past decade, now valued at approximately $8 billion. However, while the sector has shown impressive progress in certain areas, challenges such as inflation, consumer price sensitivity, and evolving consumer preferences continue to shape its trajectory.

Jan 8, 2025 · Recent research indicates that 79% of consumers’ New Year’s goals revolve around improving health, with 34% focusing specifically on dietary changes. According to a Euromonitor study, over 60% of consumers plan to adopt healthier eating habits in 2024, favoring products with functional health benefits such as immunity support and improved digestive health.

Nov 21, 2024 · Two Danish companies — Beyond Leather Materials and the furniture house TAKT — have partnered to create high-quality furniture that combines Scandinavian design with environmentally friendly materials.

4 days ago · GoodMills Innovation has launched GoWell® Tasty Protein, a new plant-based protein blend for use in baked goods. Made from fava beans, yellow peas, sunflower seeds, and wheat, the blend has a protein content of 60% and is said to have a subtle flavor with no off-notes.

Jan 7, 2025 · The US Food and Drug Administration (FDA) has released draft guidelines aimed at improving transparency in the labeling of plant-based alternatives to animal-derived foods. While this document is non-binding, it gives plant-based brands a preview of what the FDA considers best practices for labeling—and a potential roadmap for future regulations.