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Oddlygood Global, a spinoff of Valio, one of Finland's premiere food companies, closed its first round of funding with an investment of $28 million from the private equity division of Helsinki-based Mandatum Asset Management.
The demand for plant-based beverages is likely to expand at a CAGR of over 6% through 2028, as per research released by Persistence Market Research, New York.
While nutritional science tells these consumers that “healthy” includes lean meats and dairy products in moderation, they’re not sure the alternatives offer better health outcomes and are better for people, animals and the planet.
New research from The Center for Food Integrity (CFI), Kansas City, Mo., shows that a significant and growing group of health-conscious consumers are confused by the mixed messages about the words “milk,” “meat” and “burger.”
The Good Food Institute (GFI), Washington, D.C., and the Plant Based Foods Association, San Francisco, commissioned this data from SPINS, Chicago, to use SPINS’ “plant-based positioned” product attribute and then drill down into the data for plant-based foods that directly replace animal products (e.g., meat, seafood, eggs, and dairy) as well as meals that contain animal ingredient replacements.
New research from The Hartman Group, Bellevue, Wash., uncovered that almost all consumers — whether they purchase plant-based foods or not — have some level of distrust in meat and dairy companies/producers.
New research from McKinsey & Co., New York, sheds light on the mind-sets of U.S. dairy executives and their recent evolution as they attempt to jump-start growth.
VBites Foods, UK, announced plans to acquire a 385,000-square-foot manufacturing facility in Northumberland, UK, which will be known as Plant-Based Valley.