The plant-based food industry has exploded in the past decade, but COVID caused or, at the least, revealed some challenges to the category’s future growth. To help shed some light on where it’s headed, Arlington, Va.-based FMI – The Food Industry Association has extended its highly successful “Power of” series of studies to include plant-based.
While pulse proteins have gained prominence, there’s plenty of protein power and health benefits to be found in nuts as well. Blue Diamond, for example, offers almond flour, protein powder, inclusions and butter that can each provide unique benefits to a formulation.
Planterra Foods, a plant-based meat business owned by JBS SA, Sao Paulo, Brazil, is ceasing operations in Lafayette, closing its manufacturing facility and laying off its entire staff.
Next Gen Foods, a producer of alternative meats, has officially established its US headquarters in Chicago. The company has simultaneously opened a new R&D center in the city, created in partnership with The Hatchery Chicago.
A handful of plant-based categories are seeing an uptick in adoption, but a much larger portion are seeing declines in penetration, according to data from the Brightfield Group.
Rachel Dreskin came to the Plant Based Foods Association about a year and a half ago with a background in animal welfare, having served as executive director for Compassion in World Farming. After spending time with PBFA members, she noticed how they showed interest in other areas like animal welfare and sustainable agriculture.
ADM and Benson Hill, Inc. have entered a long-term strategic partnership to scale innovative soy ingredients to help meet the rapidly growing demand for plant-based proteins and serve a variety of plant-based food and beverage markets to meet savory, sweet and dairy customer needs, the companies announced Aug. 8.
More consumers buying plant-based alternatives instead of beef could reduce carbon dioxide emissions, but it also could lead to job losses in agriculture, according to a study appearing in the August issue of Lancet Planet Health.