Wide Open Agriculture revealed development of its lupin-based protein product is advancing with the CSIRO to produce a food-grade, and commercial quantity of protein isolate for use in a variety of plant-based products.
A new network launching on Monday aims to respond to the "urgent need" for New Zealand to capitalise on opportunities in the emerging protein sector. Emerging Proteins NZ is a free network open to all individuals and businesses involved in the alternative protein sector, from growers and producers to manufacturers, retailers and exporters.
Protein Industries Canada today announced a new project to supply meat and other food processors with plant-based ingredients for the growing flexitarian market. Together, Griffith Foods, Persall Fine Foods, and k2MILLING will focus on researching and developing new plant-based protein ingredients such as flours and texturized protein blends.
One day, we'll tell our grandkids about the Great Burger Wars. Scientists dueling social conservatives, foodies brawling with tech entrepreneurs, vegans sniping at vegans—burgers are a window on the charged politics of climate change. And low-methane cows, Impossible Whoppers, and cellular agriculture have put fast food on the front lines.
The alternative-protein pioneer Beyond Meat reported another blowout quarter, with sales 14.5% higher than analysts expected, yet sales were down by 6.4% in morning trading. The move underscores two points: Wall Street is an expectations game in the short run, and investors have come expect big numbers from the startup.
Beyond Meat on Tuesday reported its U.S. grocery sales nearly tripled in the second quarter as more consumers cooked its meatless burgers and sausages at home, but extra costs related to the coronavirus pandemic resulted in a quarterly loss.
Berkeley-based startup Mission Barns – which is carving a niche in the nascent cell-cultured meat industry by focusing on animal fat – is in talks with leading food companies about incorporating animal fat grown in bioreactors into a range of hybrid meats combining animal- and plant-based components.
Netherlands-based Royal DSM and the Avril Group, France's fourth-largest agro-industrial group, have announced the launch of their joint venture, Olatein, to produce canola (rapeseed) proteins for the global food market.
Beyond Meat is scheduled to report earnings after Tuesday’s close. The stock hit a record high of $239.71/share in 2019 and is currently trading near $126/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong.