Beyond Meat

Growing Wave of Plant-Based Protein Products Potentially Making Beef Industry 'Nervous'

Thursday, October 21, 2021 - 3:15pm

"Our PROPASTATMmeals are uncompromisingly tasty and offer substantially more plant-based protein complete with all 20 amino acids and balanced healthy fats.

Key Points: 
  • "Our PROPASTATMmeals are uncompromisingly tasty and offer substantially more plant-based protein complete with all 20 amino acids and balanced healthy fats.
  • The PROPASTATMline of ready-to-eat frozen dinners contain Nepra'sproprietary pasta, meat analogues, and cheeses high in plant-based protein and low in carbohydrates, representing genuinely healthy eating.
  • While many of the newest plant-protein meat substitutes on the market right now rely on pea protein, Nepra's alternative is made from hemp, and called THPTM(Textured Hemp Protein).
  • "As an industry leader in plant-based protein innovation, we are well positioned to meet the needs of investors, customers, and consumers who are calling for more sustainable foods."

Growing Wave of Plant-Based Protein Products Potentially Making Beef Industry 'Nervous'

Thursday, October 21, 2021 - 3:15pm

VANCOUVER, BC, Oct. 21, 2021 /PRNewswire/ -- USA News Group  -  New data is projecting that the global plant protein market could hit $162 billion by 2030, in a wave of momentum that's allegedly making the beef industry "nervous", according to think tank Faunalytics. The market continues to receive new plant-based protein options from retail through to restaurants, with a growing number of products being offered from newly-IPO'd Nepra Foods (CSE:NPRA),  Beyond Meat, Inc. (NASDAQ:BYND), Conagra Brands, Inc. (NYSE:CAG), and available at giant locations such as WalMart Inc. (NYSE:WMT), and Yum! Brands, Inc. (NYSE:YUM).

Key Points: 
  • "Our PROPASTATMmeals are uncompromisingly tasty and offer substantially more plant-based protein complete with all 20 amino acids and balanced healthy fats.
  • The PROPASTATMline of ready-to-eat frozen dinners contain Nepra'sproprietary pasta, meat analogues, and cheeses high in plant-based protein and low in carbohydrates, representing genuinely healthy eating.
  • While many of the newest plant-protein meat substitutes on the market right now rely on pea protein, Nepra's alternative is made from hemp, and called THPTM(Textured Hemp Protein).
  • "As an industry leader in plant-based protein innovation, we are well positioned to meet the needs of investors, customers, and consumers who are calling for more sustainable foods."

Plant-Based Food Market Could Skyrocket To $162 Billion Within Next 10 Years

Thursday, October 21, 2021 - 1:45pm

Their partnerships with restaurants, fast-food chains, and global food manufacturers are making vegan options more accessible to the masses.

Key Points: 
  • Their partnerships with restaurants, fast-food chains, and global food manufacturers are making vegan options more accessible to the masses.
  • Vegan dairy, in particular, could take up 10 percent of its global market shares in the next decade.
  • Meanwhile, BI predicts that the alternative meat market will surge from $4.2 billion to $74 billion in the next decade.
  • Furthermore, plant-based food sales increased nearly 2.5 times faster than total food sales from 2018 to 2020.

Plant-Based Food Market Could Skyrocket To $162 Billion Within Next 10 Years

Thursday, October 21, 2021 - 1:45pm

PALM BEACH, Fla., Oct. 21, 2021 /PRNewswire/ -- A groundbreaking new report has predicted that the plant-based food market will exceed $162 billion within the next decade. A growing preference for sustainable, healthier foods is pushing the movement. Bloomberg Intelligence (BI) produced the report, called Plant-Based Foods Poised for Explosive Growth. BI provides research on more than 2,000 companies, 135 industries, and all global markets.  The plant-based food market was valued at $29.4 billion in 2020. This means if BI's predictions are correct, the market will soar by 451 percent.  Major plant-based meat and dairy brands like Beyond Meat, Impossible Foods, and Oatly are driving some of this growth. Their partnerships with restaurants, fast-food chains, and global food manufacturers are making vegan options more accessible to the masses. Additionally, the collaborations are challenging stereotypes around plant-based food. According to BI's Senior Consumer Staples Analyst, Jennifer Bartashus, the meat-free movement isn't slowing down. "Food-related consumer habits often come and go as fads, but plant-based alternatives are here to stay – and grow," she said.  Active Companies in the markets today include Nepra Foods Inc. (CSE: NPRA), Tattooed Chef, Inc. (NASDAQ: TTCF), Sprouts Farmers Market, Inc. (NASDAQ: SFM), Oatly Group AB (NASDAQ: OTLY), ELSE NUTRITION HOLDINGS INC. (OTCQX: BABYF) (TSX-V: BABY).

Key Points: 
  • Their partnerships with restaurants, fast-food chains, and global food manufacturers are making vegan options more accessible to the masses.
  • Vegan dairy, in particular, could take up 10 percent of its global market shares in the next decade.
  • Meanwhile, BI predicts that the alternative meat market will surge from $4.2 billion to $74 billion in the next decade.
  • Furthermore, plant-based food sales increased nearly 2.5 times faster than total food sales from 2018 to 2020.

Hungry Planet Co-Founders Jody and Todd Boyman Featured on Impact Podcast with John Shegerian

Tuesday, October 19, 2021 - 10:56pm

Sister and brother co-founders of Hungry Planet , a healthy plant-based meat brand, are featured guests this week on the Impact Podcast with John Shegerian .

Key Points: 
  • Sister and brother co-founders of Hungry Planet , a healthy plant-based meat brand, are featured guests this week on the Impact Podcast with John Shegerian .
  • Hungry Planet is a chef-crafted plant-based meat brand that matches traditional meat taste and texture with healthy plant-based ingredients.
  • What a pleasure to be interviewed by a pro, and someone who shares our longstanding passion for plant-based eating, said Jody Boyman.
  • John Shegerian walks the talk and his authentic communication style resonated with us as guests - as it surely also does with his listeners, said Todd Boylan.

Amped Kitchens Addresses Chicago's Growing Need for Food Production Space

Thursday, October 14, 2021 - 1:48pm

Amped Kitchens began the $25 million renovation of the long-vacant Zenith factory at 5801 West Dickens Avenue in late 2019. This facility offers 64 private kitchens (from 150 square-feet to almost 2,000 square-feet). Each lease includes key amenities needed by growing food businesses: refrigerated, frozen, and dry storage -- as well as office space, meeting rooms, attended shipping docks, packing rooms, and an on-site USDA office. In addition, Amped Kitchen tenants have access to expedited government approvals and easier certification pathways, including organic and kosher. Amped's "plug-and-play" kitchen model offers tenants huge time and capital savings versus building their own space.

Key Points: 
  • Today, with partner Chicagoland Food & Beverage Network, Amped Kitchens will celebrate its diverse base of food makers and introduce the space to the Chicago food-making community.
  • Amped Kitchens began the $25 million renovation of the long-vacant Zenith factory at 5801 West Dickens Avenue in late 2019.
  • Amped Kitchens currently leases to established and fast growing food businesses including CPG companies, restaurants needing commissary/central kitchen space, meal subscription companies, and anyone looking for R&D or pilot production space.
  • This Chicago location is Amped Kitchens' third U.S. facility and its first outside of Los Angeles.

Suns Legacy Partners, LLC and Footprint Formally Dedicate Sustainability Epicenter

Thursday, October 14, 2021 - 1:10am

Footprint, a materials science technology company, and Suns Legacy Partners, LLC, operators of the Phoenix Suns, Phoenix Mercury, and Footprint Center, today officially opened doors on the recently transformed Footprint Center.

Key Points: 
  • Footprint, a materials science technology company, and Suns Legacy Partners, LLC, operators of the Phoenix Suns, Phoenix Mercury, and Footprint Center, today officially opened doors on the recently transformed Footprint Center.
  • Im proud to have partners like the Suns and Footprint who are fully engaged in creating a healthy, sustainable future for Phoenix.
  • Footprint co-founder and Chief Technology Officer (CTO) Yoke Chung and Suns Legacy Partners, LLC President and CEO Jason Rowley reiterated their commitments to a plastic-free world beginning with the newly-named arena.
  • Footprint also welcomed today its first sustainability ambassador, future NFL Hall of Famer and part owner of the Phoenix Suns, Larry Fitzgerald.

Wave of New Plant-Based Protein Products Hitting Chain Restaurants Around the World

Wednesday, October 13, 2021 - 2:30pm

"Charged by the plant-based movement and an exceptional product line-up, we are now looking forward to forging a new history," said Woods in the letter.

Key Points: 
  • "Charged by the plant-based movement and an exceptional product line-up, we are now looking forward to forging a new history," said Woods in the letter.
  • The World Health Organization estimates of between 1-3% of adults globally have some food allergy, highlighting how that number increases to 4-6% for children.
  • "Producing high-quality and nutritious allergen-free food can be challenging and requires specialized technical creativity," wrote Wood in the letter.
  • "This enhanced footprint will further develop our manufacturing and supply chain advantages to support growth across our business, including oat milk."

Wave of New Plant-Based Protein Products Hitting Chain Restaurants Around the World

Wednesday, October 13, 2021 - 2:30pm

VANCOUVER, BC, Oct. 13, 2021 /PRNewswire/ -- USA News Group - New options for plant-based proteins and meat alternatives are sprouting up in restaurants and grocery stores around the globe. According to a recent NY Times piece, these include multi-billion dollar chain Peet's Coffee adding a mung-bean based vegan breakfast sandwich to its menu, soft-serve shop 16 Handles, collaborating with Oatly Group AB (NASDAQ:OTLY), and Panda Express adding a faux chicken item from Beyond Meat (NASDAQ:BYND) to its menu. In order to meet this increasing demand, many will be turning to the innovators in the space, including Oatly and Beyond, as well as non-allergenic, textured hemp protein experts Nepra Foods (CSE:NPRA), SunOpta Inc. (NASDAQ:STKL) (TSX:SOY) and animal-free chicken fat makers MeaTech 3D Ltd. (NASDAQ:MITC).

Key Points: 
  • "Charged by the plant-based movement and an exceptional product line-up, we are now looking forward to forging a new history," said Woods in the letter.
  • The World Health Organization estimates of between 1-3% of adults globally have some food allergy, highlighting how that number increases to 4-6% for children.
  • "Producing high-quality and nutritious allergen-free food can be challenging and requires specialized technical creativity," wrote Wood in the letter.
  • "This enhanced footprint will further develop our manufacturing and supply chain advantages to support growth across our business, including oat milk."

PlantX Announces Grand Opening Event to Officially Launch XMarket Squamish

Wednesday, October 13, 2021 - 1:30pm

VANCOUVER,BC, Oct. 13, 2021 /PRNewswire/ - PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) ("PlantX" or the "Company") is delighted to announce that PlantX will be hosting an event on October 14 to kick off the official grand opening of its brick-and-mortar XMarket store in Squamish, British Columbia ("XMarket Squamish").

Key Points: 
  • VANCOUVER,BC, Oct. 13, 2021 /PRNewswire/ - PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) ("PlantX" or the "Company") is delighted to announce that PlantX will be hosting an event on October 14 to kick off the official grand opening of its brick-and-mortar XMarket store in Squamish, British Columbia ("XMarket Squamish").
  • PlantX is inspiring consumers with innovative plant-based products as part of the Company's plant-based pop-up market celebrating the official launch of XMarket Squamish ("XMarket Grand Opening Barbecue").
  • The XMarket Official Grand Opening Barbecue is a free and interactive celebration marking the official opening of XMarket Squamish, the Company's flagship physical retail location in Canada.
  • This XMarket event is an opportunity for the Company to officially celebrate the opening of its Squamish store after a few months of successful operational activity.