Ingredient supplier AAK Group is investing in Big Idea Ventures’ New Protein Fund I, a fund dedicated to early-stage businesses in plant- and cell-based meat, seafood, dairy products, and ingredient applications. AAK did not disclose how much it is investing. “By combining capital and partnership, New Protein Fund I is targeting to build and accelerate […]
Read MoreSwedish vegan brand Oatly has unveiled plans for a new plant-based dairy manufacturing site in Peterborough, marking its first UK factory. The company has partnered with food and drink capital investment firm Integrated Food Projects to build its new facility, which is expected to be completed in early 2023 and create over 200 jobs. The facility […]
Read MoreAmano Enzyme has released its latest animal-free enzyme solution, designed to use in a wide variety of plant protein products to produce a savory, umami flavor, similar to monosodium glutamate (MSG), and kokumi “a sensation of richness and complexity.” Keita Okuda, technical services team lead at Amano Enzyme, explained the key drivers, consumer trends and […]
Read MoreSwedish oat milk maker Oatly, which is backed by prominent celebrity investors including Oprah Winfrey and Jay Z, plans to go public by filing for an IPO in the US. The move comes amid rising demand for plant-based milk alternatives as consumers seek better-for-you beverages with environmental credentials. “We’ve taken the first official step toward […]
Read MoreDanone and Earth Island, the maker of Follow Your Heart brands, have entered into a share purchase agreement under which Danone will acquire 100 percent of Earth Island shares. The deal is subject to regulatory approvals. According to Danone, Earth Island represents a strong cultural fit with the company and provides the French multinational with an […]
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