FDA Suggests New Front-of-Package Nutrition Labels for Packaged Foods
The US Food and Drug Administration (FDA) has introduced a proposal to require a front-of-pack nutrition label for most packaged foods. This initiative aims to...
Tag : meat alternatives
Planted Foods Receives Investment from SevenVentures
Alt-meat innovator Planted Foods has successfully secured funding from SevenVentures, the investment division of the German media conglomerate ProSiebenSat.1. While the specific financial details of...
Smart Foods Acquires Australian Alt-Meat Competitor Fenn Foods
Fenn Foods, the Australian alternative meat company that previously entered liquidation, has secured a new owner. In a strategic move, Smart Foods, a local competitor,...
UK Vegan Food Group Sells German Assets to Peer New Originals
Vegan Food Group (VFG), the UK parent company of brands such as VFC, Meatless Farm, and Clive’s, has made a strategic move by selling its...
Plant-Based Investor Ahimsa Acquires Simulate, Maker of Nuggs
Simulate, the US-based company known for its Nuggs brand of plant-based chicken nuggets, has officially been acquired by Ahimsa Companies, a specialized investor in the...
How Meat-Free Sausage is Defying the Downturn
The growth trajectory of the meat-free category remains precarious as manufacturers grapple with various market pressures. These pressures have the potential to deter consumers, particularly...
La Vie Invests in Alternative Meat Product Development with New Funding
La Vie, a pioneering firm based in France, specializes in creating plant-based alternatives to traditional pork products, such as ham and bacon. Recently, the company...
Italy’s Gruppo Tonazzo Shifts to a Plant-Based Future, Leaving Meat Behind
Italian manufacturer Gruppo Tonazzo has made a pivotal decision to halt all operations involving meat products by the end of this year. This strategic shift...
Matr Foods Secures EU Funding for Large-Scale Plant-Based Meat Production Facility
Matr Foods, a Denmark-based start-up specializing in plant-based meat alternatives, has successfully secured a €20 million ($22.1 million) loan from the European Investment Bank (EIB)....
Australia’s Proform Foods Exits Administration and Enters Liquidation
Proform Foods, an Australian alternative meat company, has officially entered liquidation following the appointment of administrators in May. A final meeting of the company’s creditors...