Bremerhaven. (bm) Last year U.S. plant-based food sales grew three times faster than total food sales, with market value at an all-time high of USD 7.4 billion. One of the fastest growing product categories, plant-based foods is expected to reach USD 162 billion in the next decade. Eaters are drawn to plant-based foods for reasons such as health, climate, and affordability. Spins reports about 52 percent of overall plant-based sales are Non-GMO Project Verified. At the same time, new research shows explosive growth of Verified products in the plant-based space – a bellwether signaling consumer demand even in the United States is headed toward non-GMO plant-based options. Other topics of the week:
- McDonald’s: To Open Speedee Labs Within Chicago MHQ [US] Fri 09-00
- Coffee Holding: Reports Q2-2022 Financial Results [US] Fri 09-00
- Stockholm: First 24-hour Coop Mini arrives in Täby Park [SE] Fri 09-00
- Starbucks Corporation: Enters New Era of Growth [US] Thu 09-00
- Stora Enso: agrees to divest Maxau paper site to Schwarz Gruppe [SE] Thu 09-00
- Cargill: inaugurates corn wet mill in Indonesia [US] Thu 09-00
- Plant-based food sales grow three times faster than total sales [US] Wed 09-00
- Nestle: explores technologies for animal-free dairy proteins [CH] Wed 09-00
- McCain Foods: Acquires Scelta Products [CA] Wed 09-00
- Bakkavor Group PLC: Announces H1-2022 Trading Update [IS] Tue 09-00
- AB Foods: publishes FY-2022 Pre Close Period Trading update [UK] Tue 09-00
- FDL: Announces Acquisition of Quest Ingredients [US] Tue 09-00
- Lotte Confectionary and Aspire Food agree on cooperation [CA] Mon 09-00
- Riviana Foods: announces investment in Memphis [ES] Mon 09-00
- Kroger: Reports Q2-2022 Results and Raise FY Guidance [US] Mon 09-00
- Redefine Meat: launches in Finland [IL] Sat 09-10
- BK brand Announces Plan to Accelerate Growth in the U.S. [US] Sat 09-10
- Plant-based food company evaluates alternatives [CA] Sat 09-10
