Vitalite

Inaugural Clean Cooking Alliance Venture Accelerator Launches with 8 West African Enterprises

Retrieved on: 
Wednesday, November 22, 2023
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ACCRA, Ghana, Nov. 22, 2023 /PRNewswire-PRWeb/ -- The Clean Cooking Alliance (CCA) has launched its Venture Accelerator program, with the inaugural cohort focused on carbon finance in West Africa. The program, with support from APA Corporation, aims to nurture early-stage clean cooking ventures and help them scale up.

Key Points: 
  • CCA's Venture Accelerator program aims to help early-stage clean cooking ventures scale up and build their capacity to attract carbon finance.
  • ACCRA, Ghana, Nov. 22, 2023 /PRNewswire-PRWeb/ -- The Clean Cooking Alliance (CCA) has launched its Venture Accelerator program, with the inaugural cohort focused on carbon finance in West Africa.
  • Clean cooking only receives about 1% of the estimated $10 billion per year required to achieve universal access by 2030.
  • The organization plays a significant role advocating for clean cooking, including by participating as a board member with the National Clean Cooking Alliance in Ghana.

Vitalite Plant-Based Cheese Now Available in 5,000+ Stores

Retrieved on: 
Thursday, March 2, 2023
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MILWAUKEE, March 2, 2023 /PRNewswire/ -- The Saputo USA brand of plant-based cheese, Vitalite, is expanding its distribution to more than 5,000 retailers in the U.S., including Albertsons, ACME, Safeway and Harris Teeter locations. The vegan-certified, dairy-free cheese will be available to more consumers looking for tasty plant-based options across the country.

Key Points: 
  • The vegan-certified, dairy-free cheese will be available to more consumers looking for tasty plant-based options across the country.
  • "As a dairy company, we knew our cheese expertise could deliver a plant-based alternative that lives up to cheese expectations," said David Cherrie, Saputo USA Vice President, Marketing and Innovation.
  • "With ongoing retail distribution expansion, we look forward to continuing to bring Vitalite to consumers across the country."
  • Vitalite is available in six dairy-free varieties, including mozzarella-style slices and shreds, cheddar-style slices and shreds, plus grated Parmesan-style crumbles and a creamy original spread.

New Research Finds More Americans Ready to Add Plant-Based Food to Their Diets but Struggle to Go All In

Retrieved on: 
Wednesday, January 4, 2023
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LINCOLNSHIRE, Ill., Jan. 4, 2023 /PRNewswire/ -- January is synonymous with new beginnings and healthy resolutions. In support of a healthy mindset, there is a growing movement to adopt a vegan lifestyle during the month of January. To gain more insights about this initiative and Americans' attitudes toward veganism and vegan-focused products, Wakefield Research surveyed 1,000 nationally representative U.S. adults for Saputo Dairy USA's Vitalite dairy-free cheese brand.

Key Points: 
  • Whether for personal health or planetary health reasons, many Americans are intent on eating more plant-based foods, but still struggle to commit to the lifestyle.
  • Survey data shows 68% of Americans have tried a plant-based meat or a dairy alternative.
  • Additional contributing factors are not being convinced of the health benefits (23%) and not supporting veganism (16%) are also contributing factors.
  • Only 27% of Americans would add plant-based cheese to their diet if their doctor told them to eliminate dairy cheese.

Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on Saputo, Inc. (TSX: SAP)

Retrieved on: 
Tuesday, November 29, 2022
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However, Spruce Point believes there are multiple acquisitions across the globe where Saputo overpaid for companies that did not ultimately stimulate organic growth.

Key Points: 
  • However, Spruce Point believes there are multiple acquisitions across the globe where Saputo overpaid for companies that did not ultimately stimulate organic growth.
  • As a reminder, our full report, along with its investment disclaimers, can be downloaded and viewed at www.SprucePointCap.com .
  • Spruce Point Capital Management, LLC is a forensic fundamentally-oriented investment manager that focuses on short-selling, value and special situation investment opportunities.
  • Spruce Point Capital Management, LLC is a member of the Financial Industry Regulatory Authority, CRD number 288248.

Finally, There's Vitalite™ Plant-Based Cheese

Retrieved on: 
Thursday, June 16, 2022
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LINCOLNSHIRE, Ill., June 16, 2022 /PRNewswire/ -- Often described in a negative way, plant-based cheese has received a bad reputation. Finally, there's an offering to change that narrative. Rolling out at retailers nationwide this year, Vitalite™ is a new brand of plant-based, vegan-certified, dairy-free cheese from Saputo Dairy USA that offers great taste, texture, visual appeal and melting performance.

Key Points: 
  • "The idea for Vitalite came out of trying to solve that.
  • According to a 2022 Food Institute report, the global vegan cheese market is expected to grow at a compound annual rate of about 10% and reach a market value of about $7 billion by 2030.
  • Saputo Dairy USA is among the top mozzarella, string cheese and domestic blue and goat cheese producers and is one of the largest producers of extended shelf-life and cultured dairy products in this region.
  • Vitalite is the trademark of Dairy Crest Limited (trading as Saputo Dairy UK).