Textured vegetable protein

EQS-News: Veganz Group AG: VEGANZ WITH SIGNIFICANTLY IMPROVED EARNINGS IN FIRST HALF OF 2023

Retrieved on: 
Thursday, September 28, 2023

The gross profit margin of Veganz Group AG continued to rise to 33.8 percent (prior year: 28.1 percent) in the first half of 2023, due mainly to an improved product mix and optimisation of the customer portfolio.

Key Points: 
  • The gross profit margin of Veganz Group AG continued to rise to 33.8 percent (prior year: 28.1 percent) in the first half of 2023, due mainly to an improved product mix and optimisation of the customer portfolio.
  • Net liquidity as of 30 June 2023 amounted to minus EUR 2.7 million (prior year: EUR 0.4 million).
  • Excluding the bond and crowdfunding, net liquidity amounted to EUR 9.0 million (prior year: EUR 12.3 million).
  • In the first half of 2023, Veganz began operations at its new facility in Ludwigsfelde and launched production of its new and innovative plant-based milk alternatives, Mililk®, using the patented 2D printing process.

Microalgae Innovator SimpliiGood Introduces Nutritionally Dense Plant-based Chicken Nuggets

Retrieved on: 
Tuesday, July 11, 2023

RAANANA, Israel, July 11, 2023 /PRNewswire/ -- Spirulina food-tech innovator, SimpliiGood by AlgaeCore Technologies Ltd., unveils a breaded chicken cutlet analog composed primarily of the nutritious microalgae spirulina. The plant-based version of a breaded cut of chicken not only takes on the appearance, flavor, and structure of real chicken breast but also possesses a naturally dense nutritional profile that could outpace that of real chicken. This could solve one of the greatest hurdles of the alt-protein movement.

Key Points: 
  • RAANANA, Israel, July 11, 2023 /PRNewswire/ -- Spirulina food-tech innovator, SimpliiGood by AlgaeCore Technologies Ltd., unveils a breaded chicken cutlet analog composed primarily of the nutritious microalgae spirulina.
  • The plant-based version of a breaded cut of chicken not only takes on the appearance, flavor, and structure of real chicken breast but also possesses a naturally dense nutritional profile that could outpace that of real chicken.
  • The SimpliiGood nuggets analog offers a nutritionally dense bite that even surpasses that of real chicken owed to the inherently nutritious profile of fresh spirulina.
  • "100 grams of SimpliGood microalgae provides the equivalent of 200 grams of real chicken in protein load," explains Dach.

With CAGR 5.2%, Food Texturizers Market Size, Share, Demand and Trends 2023 to 2029

Retrieved on: 
Friday, June 2, 2023

PUNE, India, June 2, 2023 /PRNewswire/ -- Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Food Texturizers Market. 

Key Points: 
  • Rising adoption of Food Texturizers by food manufacturers in order to enhance shelf-life of food products and restrict microbial growth within them, along with improving the taste of the product is expected to contribute significantly in the growth of global Food Texturizers Market.
  • Food texturizers are food additives that are added to food products to enhance their texture and increase their stability.
  • Get A Free Sample Link of Food Texturizers Market:
    What are a Food Texturizers?
  • Some of the Notable Market Players Operating In The Global Food Texturizers Market Covered In This Report Are:

EQS-News: Veganz Group AG: Correction to the publication of 11 May 2023

Retrieved on: 
Saturday, May 27, 2023

The gross profit margin of Veganz Group AG increased in the first quarter of 2023 to 33.3 percent (prior year: 29.5 percent), mainly due to an improved product mix.

Key Points: 
  • The gross profit margin of Veganz Group AG increased in the first quarter of 2023 to 33.3 percent (prior year: 29.5 percent), mainly due to an improved product mix.
  • Net cash as of 31 March 2023 was EUR -1.6 million (prior year: EUR 0.5 million), but also takes long-term financial liabilities into account.
  • Excluding bond and crowdfunding, net cash was EUR 10.4 million (prior year: EUR 12.5 million).
  • The equity ratio reached 78.2 percent (31 December 2022: 46.5 percent).

EQS-News: Veganz Group AG: Veganz with earnings improvement in the first quarter of 2023

Retrieved on: 
Thursday, May 11, 2023

The gross profit margin of Veganz Group AG increased in the first quarter of 2023 to 33.0 percent (prior year: 29.5 percent), mainly due to an improved product mix.

Key Points: 
  • The gross profit margin of Veganz Group AG increased in the first quarter of 2023 to 33.0 percent (prior year: 29.5 percent), mainly due to an improved product mix.
  • Net cash as of 31 March 2023 was EUR -1.6 million (prior year: EUR 0.5 million), but also takes long-term financial liabilities into account.
  • Excluding bond and crowdfunding, net cash was EUR 10.4 million (prior year: EUR 12.5 million).
  • "Even if we initially have to accept a drop in sales in the course of the product range optimisation, the first improvements in earnings show that it is worth it."

EQS-News: Veganz Group AG: Ideal location for Veganz Food Factory Germany in Brandenburg

Retrieved on: 
Saturday, March 11, 2023

(Berlin, 9 March 2023) Veganz Group AG ( veganz.com ), the only multi-category provider of vegan food in Europe, is now setting up the Veganz Food Factory Germany, originally planned for Werder (Havel), Brandenburg, in Ludwigsfelde, also Brandenburg.

Key Points: 
  • (Berlin, 9 March 2023) Veganz Group AG ( veganz.com ), the only multi-category provider of vegan food in Europe, is now setting up the Veganz Food Factory Germany, originally planned for Werder (Havel), Brandenburg, in Ludwigsfelde, also Brandenburg.
  • The Company will benefit from the site’s high-quality building infrastructure, enabling a liquidity-preserving start-up and optimal production ramp-up.
  • "We are delighted to have found the perfect production site for our Veganz Food Factory Germany in the state of Brandenburg and to have thus reached the next important milestone on the path to achieving our goals," says Jan Bredack, founder and CEO of Veganz Group AG.
  • "As an innovative food tech company, it is our declared target to improve profitability and strengthen our innovative power by increasing the vertical integration of our value chain."

$4 Billion Worldwide Non-GMO Food Industry to 2027 - Players Include Blue Diamond Growers, NOW Health, Organic Valley and Pernod Ricard - ResearchAndMarkets.com

Retrieved on: 
Monday, December 5, 2022

Genetically modified organisms (GMOs) refer to living organisms, generally plants or microorganisms, whose genetic material is artificially altered in a laboratory through genetic modification or engineering techniques.

Key Points: 
  • Genetically modified organisms (GMOs) refer to living organisms, generally plants or microorganisms, whose genetic material is artificially altered in a laboratory through genetic modification or engineering techniques.
  • However, the unavailability of data regarding their safety has increased the demand for non-GMO food products among the masses.
  • In line with this, many food and beverage companies are offering products made using non-GMO raw materials and ingredients.
  • This has led to a rise in the demand for food products grown using non-GMO seeds, such as grains, vegetables, and fruits.

OC Flavors Hires Jim Miller as Chief Executive Officer

Retrieved on: 
Tuesday, October 11, 2022

OC Flavors, (OC or the Company), a custom flavor developer and manufacturer based in Chino, California and backed by Shore Capital Partners (Shore or Shore Capital), is pleased to announce the appointment of Jim Miller as Chief Executive Officer.

Key Points: 
  • OC Flavors, (OC or the Company), a custom flavor developer and manufacturer based in Chino, California and backed by Shore Capital Partners (Shore or Shore Capital), is pleased to announce the appointment of Jim Miller as Chief Executive Officer.
  • With nearly 30 years of experience as a food industry executive, Miller has a strong background in commercial strategy development and new product introductions.
  • We are confident Jim can drive OC Flavors to even greater growth and success while ensuring the company remains fully committed to its core mission: to supply quality flavors along with superior customer service.
  • OC Flavors supplies high-quality flavors along with superior service to customers around the world.

Drayage Market Sourcing and Procurement Intelligence Report| SpendEdge

Retrieved on: 
Tuesday, August 30, 2022

A targeted strategic approach to Drayage sourcing can unlock several opportunities for buyers.

Key Points: 
  • A targeted strategic approach to Drayage sourcing can unlock several opportunities for buyers.
  • This report also offers market impact and new opportunities created due to the COVID-19 pandemic.
  • Some of the Top Drayage Suppliers Listed in This Report:
    This Drayage procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.
  • SpendEdge's procurement intelligence platform is the go-to tool for companies looking to access latest procurement research insights and supplier data on an easy-to-use platform:
    Subscribe Now for FREE , to get instant access to over 1000 market-ready procurement intelligence reports without any additional costs or commitment.

Global Allulose Market Report 2022: Projected to Reach US$ 362.24 Million by 2028 with a CAGR of 6.5% - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 23, 2022

The "Global Allulose Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Form and Application" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Allulose Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Form and Application" report has been added to ResearchAndMarkets.com's offering.
  • The allulose market is projected to reach US$ 362.24 million by 2028 from US$ 232.91 million in 2021; it is expected to grow at a CAGR of 6.5% from 2021 to 2028.
  • In 2020, Asia Pacific held the largest share of the global allulose market, and South & Central America is estimated to register the fastest CAGR over the forecast period.
  • This factor is expected to provide a strong potential to the allulose market in the coming years.