Plant-based foods market predicted to hit $162 billion by 2030
According to Bloomberg Intelligence (BI), the plant-based foods market could make up to 7.7% of the global protein market by 2030, with a value of over $162 billion.
European meat substitute company launches frozen range in UK
Verdino Foods, a brand delivering 100% plant-based products based on pea protein, is launching in the UK in August.
Plant-based products account for 12% of Q2 deals within food industry
New research from business and financial adviser Grant Thornton UK LLP, suggests that plant-based foods “show no signs of losing their allure for investors.”
Plant-based food firm THIS™ raises record £11m investment
Co-led by BGF and Lever VC, the £11 million investment achieved by THIS™ is the largest Series A fundraise for a meat alternative brand in the UK.
Plant-based protein firm Novo Farina raises £3m investment
Norfolk-based company Novo Farina will use £3 million raised from private investors to fund the next stage of its development.
Kerry rebrands meat-free range as Taste & Glory
Formerly marketed as Naked Glory, Kerry Foods’ 100% meat-free brand will launch its new look in stores from 20th June.
