And investors are increasingly following the consumer trend. That means they’re eating at least some plant-based meals and looking for more ways to work plant-based foods into their diets. In November 2019, Burger King strengthened its foothold in the booming market for plant-based foods served in restaurant chains by partnering with The Vegetarian Butcher on its Rebel Whopper launch. The investments included 233 deals and 228 unique investors. “It’s widely recognized that the current global food system is inequitable and inefficient. The three most active impact investors were Blue Horizon, New Crop Capital and Stray Dog Capital, which did 12 investments apiece, including follow-on investments in brands in which they already have a stake. Tyson sold its Beyond shares just before the IPO, and has since announced plans to develop and market its own line of plant-based meats. Their emulsifying and enriching properties are similar to those of traditional ingredients such as eggs, which means they can be used in a wealth of foods, including mayonnaise, soups, sauces, meat alternatives, baked goods and pasta. The targets are part of Unilever’s recently unveiled Future Foods ambition, which has two key objectives: to help people transition toward healthier diets and help reduce the global food chain’s environmental impact. And from that they have expanded to other plant based … Some of the top 10 brands share a parent company, including Field Roast and Lightlife, which ranked fifth and seventh respectively. The platform is hosted by CNS Media BV, Arnhem, The Netherlands. Of the 19 acquisitions over the past decade, 10 of them closed in 2017 and 2018. Friedrich’s letter is part of a report the non-profit GFI released this week showing that there has been a sharp rise in investments in plant-based meat, egg and dairy companies in recent years. Leonardo DiCaprio is all in on plant-based meat, and that man fought a bear for an Academy Award! In more recent decades, food companies have processed mixtures of soy and other legumes, grains, and a variety of plants into burgers, nuggets, sausages, and other meat-shaped products. Plant-based meat alternatives are finding favor with flexitarians and investors. In particular, lab-grown foods have the potential to disrupt the industry with acceleration from animal welfare interests. Also, a 2020 Innova Consumer Survey indicated the top four reasons for considering plant-based alternatives were health, diet variety, sustainability and taste. FoodIngredientsFirst.com is the leading international publisher on food ingredients and food product development. In July, FoodIngredientsFirst reported how a four-year investor engagement with 25 giant food retailers and manufacturers, led by the FAIRR investor network, found that two in five global food giants with combined annual revenues of US$459 billion now have dedicated teams to develop and sell plant-based alternatives to meat and dairy; with Tesco and Unilever ranking top. The current window is too small to properly display this website. I have read and agree to the Privacy Policy. By continuing to browse our site you agree to our Privacy & Cookie Policy. The aim is to roll out The Vegetarian Butcher brand and ramp up vegan alternatives from brands including Hellmann’s, Magnum and Wall’s. May is turning out to be a another busy month for plant-based meat deals, with Beyond Meat’s record IPO last week and the news this week that Hain Celestial has sold its WestSoy meat replacement business. --- This week in industry news, Nestlé agreed to sell its Yinlu peanut milk and canned rice porridge businesses in China. Hansen has launched FreshQ DA, the food culture selected to help strengthen the fermentation of plant-based products, providing better protection against the... The savory soy-based burgers cook up great on the grill. I cover the plant-based and sustainable food industries. The accelerated demand for new plant-based formats and sophisticated alternatives is forecasted for upcoming successful launches. --- Chr. --- The rise of clean label demands has created new challenges for the food industry, which has often relied on chemical preservatives to ward off food waste, observes... --- This week in industry news, Nestlé agreed to sell its Yinlu peanut milk and canned rice porridge businesses in China. After acquiring The Vegetarian Butcher in 2018, Unilever has expanded the plant-based meat brand into more than 30 countries and was last year chosen as the supplier of Burger King ’s Plant-Based Whopper and Plant-Based Nuggets across Europe , the Middle East and Africa . Going “Plant-Forward” in 2021As plant-based trends reach global phenomenon status, Innova Market Insights Top Ten Trends report sees a renewal of 2020’s “Plant-Based Revolution Trend.” As a natural progression, this years’ “Plant-Forward” theme spotlights expansion to different regions and categories in 2021. One billion people around the world are hungry, while two billion are obese or overweight,” he continues. Click to EnlargeAfter acquiring The Vegetarian Butcher in 2018, Unilever expanded the plant-based meat brand into more than 30 countries.After acquiring The Vegetarian Butcher in 2018, Unilever expanded the plant-based meat brand into more than 30 countries and was last year chosen as the supplier of Burger King’s Plant-Based Whopper and Plant-Based Nuggets across Europe, the Middle East and Africa. The brand went public last week and saw its share price close up 163% on the first trading day. Plant-based proliferationThe proliferation of plant-based and dairy alternatives has been gaining traction for some time. The GFI report focuses on bigger brands and investments, but there have been plenty of smaller startups making news and winning investment. The IPO raised $240 million and valued the company at $1.5 billion, and this week the stock got its first “buy” recommendation in a note from Bernstein. Unilever now cites this collaboration as an important step toward bolstering plant-based products and “the critical shift toward the development of sustainable food alternatives.”. The rise in new products on the market includes a combination of offerings from startups and new items from legacy brands, and the success of younger brands like Beyond Meat and Impossible Foods has spurred big players to innovate, the report says. This meatless meat brand offers its UNCUT Plant-Based Burgers in several grocery store chains in Southern California. Increasing plant-based offerings has become a major part of brands, large and small, strategies as global consumers demand more from their meat and dairy alternatives. © 2020 Forbes Media LLC. Please consider resizing your browser window. Read More. Beyond Meat’s IPO was unusual among plant-based startups -- the most common exit strategy for plant-based investors to date has been acquisition by a larger firm. Read More, 26 Nov 2020 “We have a critical role to play in helping to transform the global food system. Try them in four different varieties: Burger, Savory Chicken Burger, Roasted Turkey … I’m a staff writer and editor at SmartBrief, where I work on briefs and write blog posts about the food, beverage and retail industries. These 11 meaty products help you enjoy all the comforts of your favorite foods while adhering to a vegan diet. These are bold, stretching targets which demonstrate our commitment to being a force for good,” explains s Hanneke Faber, president of Unilever’s Foods & Refreshment Division. --- Retail sales of plant-based meat alternatives reflect a shift happening in a dynamic category, as consumers bypass frozen products in favor of convenient,... Beyond Meat's record IPO and Hain Celestial's sale of its WestSoy meat alternatives are two of the latest examples of investors' growing interest in plant-based meat companies. If you found this article valuable, you may wish to receive our newsletters. Click to EnlargeUnilever will also strengthen its portfolio of nutritional products containing ingredients like vegetables, fruits, proteins, or micronutrients and continue lowering calorie, salt and sugar. Increasing plant-based offerings has become a major part of brands, large and small, strategies as global consumers demand more from their meat and dairy alternatives. The top nine brands, along with private-label offerings, account for 91% of total plant-based meat sales. Estimated five-fold sales growth driven by meat and dairy alternativesThe maker of Lipton, Ben & Jerry’s and Knorr has been investing in the plant-based space for many years. But Sarno’s role with Tesco extends well beyond creating the Wicked lineup. All Rights Reserved, This is a BETA experience. Thanks to innovation in the plant-based food sector and growing consumer demand for meat alternatives, there are plenty of store-bought vegan meats available around the world. Beyond Meat also makes a few other products, all of which you can buy in many grocery.More than $16 billion has gone into U.S. plant-based and cell-based meat companies in the past decade, with $13 billion of it in 2017 and 2018, according to.Best of all, plant-based substitutes don’t have the negative health aspects of meat … editorial@cnsmedia.com, 27 Nov 2020 EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Michigan Economic Development Corporation BrandVoice. As possibly the best tasting fake meat brand out there, Beyon Meat prides themselves on being the first in the world to create a plant based burger that looks, cooks, and satisfies like beef without any of the GMO, gluten, or soy. > Privacy & Cookie Policy I Agree. Investments in plant-based food brands have topped $17 billion since 2009, with the lion’s share happening in the past two years, the report found. It’s not up to us to decide for people what they want to eat, but it is up to us to make healthier and plant-based options accessible to all. “One-third of all food produced is thrown away. Burger King and TGI Fridays are serving plant-based burger alternatives. Amy’s Kitchen ranked first on the list. Read More, 25 Nov 2020 Meanwhile, both Hellmann’s Vegan Mayo and Ben & Jerry’s Coconutterly Caramel’d Dairy-free have been making waves across Europe. The oldest brand on the list is Kellogg-owned Morningstar Farms, which debuted in 1975 and recently announced plans to make all its products vegan. 11 Vegan Meat Brands That Taste Better Than the Real Thing I earned my bachelor’s degree in. The rest of the ranking is a mix of big legacy players and contemporary startups. Our Privacy & Cookie Policy Southern California Holdings, whose portfolio includes other plant-based brands including VeggieLand Nature. 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