Nestlé and Unilever ‘best prepared’ for plant-based boom: FAIRR 24-Jul-2019 By Oliver Morrison A ‘high dependence on animal-based ingredients is a material risk to business’ warns a report from the $5trn investor network, which identifies the leaders and laggards in the booming alternative protein space.
Tag: investments
FOOD NAVIGATOR: Plant Based Chicken Nuggets Concept Raises $1 Million
Chicken nuggets are among the most accessible food out there. Imagine the impact on human health, sustainability and animal welfare if even a small percentage of chicken nugget consumption was shifted to plant-based nuggets. Startup Seattle Food Tech is thinking about just that: Seattle Food Tech raises $1m, starts delivering plant-based chicken nuggets to schools,…
SEEKING ALPHA: Beyond Meat IPO and the Plant-Based Revolution
This article posted on Seeking Alpha discusses Beyond Meat going public and the contributing factors towards our changing food system. Summary The coming IPO of Beyond Meat is a signal of the plant-based food revolution and a large-scale disruption of the food industry. The US is late as the vegan movement is racing ahead in…
BLOOMBERG: Perdue Looks to Join the Plant-Based Bandwagon
On the heals of major food companies like Tyson, Kraft Heinz, Kellogg’s and General Mills, Perdue has announced its plans to begin investing in the plant-based meat space. Check out this article from Bloomberg: “Our vision is to be the most trusted name in premium protein,” Chairman Jim Perdue said. “It doesn’t say premium meat…
Good Catch Hooks $8.7M in Funding for Plant-Based Seafood Development
The unstoppable trend of funds pouring into plant-based innovation continues with Good Catch Foods – a company aiming to save our oceans and make people healthier by creating plant-based alternatives to all our favorite sea foods. The official press release goes into detail on the mission and future of the progressive business: On a mission…
PROJECT NOSH: Dean Foods Acquires Majority Stake of Good Karma
Big news from the plant-based world as dairy giant Dean Foods makes a major investment in Good Karma and its growing flax milk and dairy alternatives business. Dean Foods, one of the largest dairy companies in the U.S., has increasingly looked to diversify its portfolio beyond cow’s milk products and position itself further into the…
VEGNEWS: Meat and Dairy are “High Risk” Investments
VegNews reports that Farm Animal Investment Risk and Return (FAIRR) investor network has classified meat and dairy companies as “high risk” investments. A new food index launched last week by investor network Farm Animal Investment Risk & Return (FAIRR)—which manages $5.9 trillion in assets, collectively—estimates the majority of meat, fish, and dairy corporations are impeding…
FORBES: Pitch + Plant Gives Plant-Based Businesses a Change for Funding in the UK
UK based companies in the plant-based arena have a new TV show to pitch their products to potential investors. Pitch + Plant will be similar to Shark Tank here in the US, with a focus on the rapidly evolving plant-based sector. Forbes reports: The contest – which takes its inspiration from the popular BBC TV…
ONE GREEN PLANET: Canada is Investing Heavily in Plant-Based Protein
One Green Planet reports a major move in the international plant-based movement. The Canadian government is investing $150 million in the plant-based protein market in an effort to meet rapidly growing demand for meat-protein alternatives. Frank Hart, chair of the Protein Industries Canada group that put together this bid, said the global plant-protein market, estimated…
PLANT BASED NEWS: $2.4 Trillion Backed FAIRR Initiative Sets Sights on Plant-Based Investments
Plant Based News reports: A new report entitled Plant-based profits is urging major global food brands move away from their reliance on animal proteins – and look at creating plant-based products instead. The report, which is backed by a $2.4 trillion coalition of 57 large investors, features an analysis of 16 multinationals. It concluded that Nestlé and…