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.
Functional ingredients producer Shiru, Inc. is partnering with the Puratos Group, Groot-Bijgaarden, Belgium, to evaluate and develop a next-generation egg replacement.
Dairy alternative beverage brand Califia Farms is gearing up for the fall by introducing a new addition, called Pumpkin Spice Oat Barista, to its portfolio.
The global vegan cheese market is expected to grow at a compound annual rate of about 10% and reach a market value of about $7 billion by 2030, according to a 2022 Food Institute report.
In this environment, the biggest opportunity for innovation in the dairy market is to formulate products for consumers who purchase both dairy and dairy-alternative products, according to a dairy flavors and ingredients report from market research firm Mintel.
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.