Articles by tag: Plant Based
(Bloomberg) — The global market for plant-based foods could see fivefold growth by 2030 helped by rising demand for sustainable products, according to a Bloomberg Intelligence report. Sales of plant-based dairy and meat alternatives reached $29.4 billion in 2020, and could increase to $162 billion by 2030, comprising 7.7% of the global protein market. Demand […]
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Food & Beverage
Why Restaurants Should Tap Into the Meatless Monday Movement
Food is serious business. Now, on The Main Course, host Barbara Castiglia will invite insiders on the front lines of food to share their expertise, strategies, and forecasts for navigating the ever-changing restaurant industry. Meatless Monday, first introduced in 2003, is a movement that’s still going strong. This global campaign seeks to encourage consumers to cut out […]
Food & Beverage
CFO David Lee: Impossible Foods Reduces Wholesaler Prices 15% ‘Because We Can’
Even during an economic downturn amid uncertainty caused by the COVID-19 pandemic, Impossible Foods is thriving. After consistent growth over the last two years for Impossible Foods and other alternative protein companies, Impossible recently announced it would cut prices of its signature products for foodservice distributors in the U.S. The cut would be about […]