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US sugary drinks tax could be on the cards

US sugary drinks tax could be on the cards

17 May 2021

A federal excise tax on sugar-sweetened beverages could be on the cards in the US as a Democrat lawmaker announces plans to resurrect the SWEET Act, which proposes a tiered tax.

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Impossible Foods heads for school cafeterias

Impossible Foods heads for school cafeterias

17 May 2021

Impossible Foods will be “widely entering” school breakfast and lunch programs in the fall of 2021, the company announced in a release. This foray into the public school system was made possible following Impossible Foods’ acquisition of the Child Nutr...

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AgriTech investments hit a total of $22.3 billion last year

AgriTech investments hit a total of $22.3 billion last year

13 May 2021

Despite the tumult of 2020, investment in the agrifood space soared to $22.3 billion over the year, with Q2 of 2020 seeing $5.9 billion, or more than double the historical average quarterly investment of $2.7 billion, according to a report from Finiste...

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Beyond Meat will go back to plant-based chicken

Beyond Meat will go back to plant-based chicken

12 May 2021

Beyond Meat will return to producing plant-based chicken this summer, Bloomberg reported, citing sources familiar with company plans. Although there was no timeline for the impending product launch, the company’s Chief Growth Officer Chuck Muth told Bl...

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Asian plant-based meat OmniPork coming the U.S. in 2021

Asian plant-based meat OmniPork coming the U.S. in 2021

11 May 2021

OmniPork, the plant-based pork analog line from the parent company Green Monday, will launch its products in the U.S. in 2021, Food Navigator reported. There was no specific date announced for the products’ arrival in supermarkets, but OmniPork has alr...

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McCormick’s Flavor Forecast points to plants and the sea for emerging flavor trends

McCormick’s Flavor Forecast points to plants and the sea for emerging flavor trends

7 May 2021

Spice company McCormick released its 21st annual Flavor Forecast where it identified plant-based meals, comforting global flavors, undiscovered tastes from the ocean, and mindful eating as top flavor trends.

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German fermented dairy startup rebrands, announces first product

German fermented dairy startup rebrands, announces first product

6 May 2021

Berlin-based precision fermentation company LegenDairy is rebranding itself as Formo, the Latin word for ‘I mold, I form,’ according to a press release from the company. The rebranding coincides with the announcement that the company plans to launch it...

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‘An investment in health’: Asian start-up launches natural sweetener during COVID-19 pandemic

‘An investment in health’: Asian start-up launches natural sweetener during COVID-19 pandemic

3 May 2021

Southeast Asian start-up Swiftlet has developed a natural, zero-calorie sweetener made from a blend of plant extracts with the taste and functionality of sugar. “It’s an investment in health,” says its co-founder.

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Kellogg will start producing Incogmeto Chick’n Tenders

Kellogg will start producing Incogmeto Chick’n Tenders

3 May 2021

The Kellogg Company’s Incogmeato by MorningStar Farms brand will debut Chik'n Tenders. These nuggets will be available in two flavors: Original and Sweet BBQ flavors. Beginning late in April, these plant-based tenders began retailing nationwide at Walm...

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Walmart now makes own-brand vegan chicken patties and tenders

Walmart now makes own-brand vegan chicken patties and tenders

29 Apr 2021

American retail giant Walmart now has its own-brand vegan products under its Great Value range. Its new vegan additions include Chik’n Tenders and Chik’n Patties as well as a line of veggie burger patties that come in Chipotle Black Bean and Original f...

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JBS expands its vegan portfolio, buys Vivera for $410M

JBS expands its vegan portfolio, buys Vivera for $410M

28 Apr 2021

JBS, the world’s largest protein company, entered into an agreement to purchase Vivera, Europe’s third-largest plant-based food producer for approximately $410 million (€341 million). The transaction is subject to regulatory approval, but the deal incl...

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Plant-based bacon alternative raises $40M

Plant-based bacon alternative raises $40M

21 Apr 2021

Atlast Food Co, which owns the mycelium-focused, plant-based protein brand MyEats, received $40M in a Series A round led by Viking Global Investors with participation from 40 North, AiiM Partners, Senator Investment Group, Stray Dog Capital and Footpri...

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