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NXTaltfoods.com is a website for investors looking for expert analysis, news and commentary on the emerging alternative food sector.

22/08/2022

Vegan Food Market Size to Grow by $21.46 billion with 40% of the Contribution from North America

The vegan food market is set to grow by USD 21.46 billion between 2021 and 2026, according to the latest market analysis report by Technavio. The report predicts the market to witness an accelerating growth momentum at a CAGR of 12.25%. Technavio

Vegan Food Market Size to Grow by USD 21.46 billion with 40% of the contribution from North America - Technavio PR Newswire NEW YORK, Aug. 19, 2022 NEW YORK, Aug. 19, 2022 /PRNewswire/ -- The vegan food market is set to grow by USD 21.46 billion be...

17/08/2022

PlantX Announces Monthly Gross Revenue of $1.2 Million in July 2022, Up 35% Year-over-Year

PlantX Life $VEGA.C the digital face of the community, operating a one-stop shop for plant-based products, today announced unaudited monthly financial metrics for July 2022.

PlantX generated monthly gross revenue of $1.2

PlantX Announces Monthly Gross Revenue of $1.2 Million in July 2022, Up 35% Year-over-Year PR Newswire VANCOUVER, BC, Aug. 16, 2022 VANCOUVER, BC, Aug. 16, 2022 /PRNewswire/ - PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) ("PlantX" ...

15/08/2022

Plant-Based Meat Comes Out Best For The Planet In Study Of 57,000 Food Products

A new study evaluating the impact of thousands of products suggests that veggie sausages and burgers are up to 10 times better for the planet than meat.

The study from the University of Oxford evaluated 57,000 food products from supermarkets across the UK and Ireland.

Dried beef products were among the worst for the planet...

15/08/2022

Plant-Based Meat Comes Out Best For The Planet In Study Of 57,000 Food Products

A new study evaluating the environmental impact of thousands of food products suggests that veggie sausages and burgers are up to 10 times better for the planet than meat.

The study from the University of Oxford evaluated 57,000 food products from supermarkets across the UK and Ireland.

Dried beef products were among the worst for the planet The post Plant-Based Meat Comes Out Best For The Planet In Study Of 57,000 Food Products appeared...

10/08/2022

Simply Better Brands Corp. Announces Financing Update

Simply Better Brands $SBBC.T announced that it has closed two separate financings. The first financing closed is its previously announced private placement on July 21, 2022 and July 26, 2022, of unsecured convertible debentures (the “Convertible Debentures”) pursuant to which the Company raised

VANCOUVER, British Columbia, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Simply Better Brands Corp. ("SBBC" or the "Company") (TSX Venture: SBBC, OTCQB: PKANF)...

09/08/2022

Why Vegan JUST Egg Is Everywhere This Summer: From Festivals to Surf Contests

California company Eat Just hit a major milestone this summer with its vegan JUST Egg. This month, JUST Egg sold the vegan equivalent of 300 million chicken eggs, a major feat in its mission to disrupt the traditional egg industry with its vegan replacement.

After making appearances at major music festivals and becoming the official plant-based sponsor of the Vans US Open of Surfing, JUST Egg reaches a major...

08/08/2022

The AI Robot Chef That Grills Your Meat-Free Burger

A robot chef takes orders by and grills meatless burgers to perfection in under four minutes.

The future of fast food is already here, says Racheli Vizman. Her company, SavorEat, has taken a step beyond simply developing plant-based burgers that taste like meat.

A robot chef takes orders by smartphone and grills meatless burgers to perfection in under four minutes. The post The AI Robot Chef That Grills Your Meat-Free...

05/08/2022

Beyond Meat® Reports Second Quarter 2022 Financial Results

Beyond Meat $BYND reported Q2 - Net revenues were $147.0 million, a decrease of 1.6% YOY.
Second Quarter 2022 Financial Highlights1

- Net revenues were $147.0 million, a decrease of 1.6% year-over-year.
- Gross profit was a loss of $6.2 million, or gross margin of -4.2%

EL SEGUNDO, Calif., Aug. 04, 2022 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ: BYND) (“Beyond Meat” or “the Company”), a leader in plant-based...

04/08/2022

Firmenich Opens West Coast Pilot Plant for Food & Beverage Customers

Firmenich has unveiled its newly completed Taste & Beyond Pilot Plant in Anaheim, California, the long-standing home of its West Coast commercial business.

Firmenich has unveiled its newly completed Taste & Beyond Pilot Plant in Anaheim, California, the long-standing home of its West Coast commercial business....

03/08/2022

Nomoo Partners with Nestlé Professional for Custom Line of Plant-Based Products

Emerging plant-based burger concept taps global foodservice manufacturer to help drive profitable growth and support its national franchise expansionNomoo has partnered with Nestlé Professional, the world’s leading global foodservice manufacturer, to develop a proprietary line of plant-based

Emerging plant-based burger concept taps global foodservice manufacturer to help drive profitable growth and support its national franchise expansion Nomoo has...

02/08/2022

New Research Finds Plant-Based Meat Is Healthier and More Sustainable Than Animal Meat

Plant-based meat is better for the environment and has favorable nutritional profiles compared to the animal meat it is designed to replace, according to a new study published in scientific journal Future Foods.

A new study published in Future Foods concludes that plant-based meat is healthier and more sustainable than animal meat, and, importantly, it provides...

29/07/2022

Plant&Co Announces Expansion and Name Change to Happy Belly Food Group

Plant&Co. Brands $VEGN.C announced it is expanding beyond plant-based to enable the company to participate in the broader food category.

"Plant-based eating will continue to grow and gain greater importance in the food category, and we are absolutely committed to continue building our plant-based

Plant&Co. Brands Ltd. (CSE: VEGN) (FSE: VGP) (OTCQB: VGANF) ("Plant&Co." or the "Company"),...

28/07/2022

Dutch Food Tech Company Meatable Unveils Its First Cultivated Pork Sausages

The products were developed using a single cell sample. They were designed to satisfy appetites for meat “without harming the environment or animals in the process.”

Meatable claims that its sausages are the product of years of development.

Is a slaughter-free future on the horizon for meat producers? Dutch Food Tech Company Meatable Unveils Its First Cultivated Pork Sausages...

28/07/2022

Is a slaughter-free future on the horizon for meat producers? The post Dutch Food Tech Company Meatable Unveils Its First Cultivated Pork Sausages appeared...

28/07/2022

Cultivated Seafood Startup Takes on Most Popular Farmed Fish in the World

Cultivated seafood startup E-FISHient Protein is working to create an alternative to the most farmed fish in the world, tilapia, by developing, manufacturing, and marketing cultivated tilapia meat—which uses a small amount of fish cells to grow real fish meat in a lab-setting.

Israeli startup E-FISHient is using food technology to develop a sustainable solution to the world’s most farmed fish.

27/07/2022

Lab-Grown : What the Future Might Be

Lab-grown meat seems to be everywhere these days. Last year, cultured meat and seafood companies raised $1.38B in , and more and more startups are popping up to develop their own products.

Lab-grown meat seems to be everywhere these days. Last year, cultured meat and seafood companies raised $1.38 billion in investment, and more and more...

27/07/2022

Lab-grown meat: what the future could look like

Lab-grown meat seems to be everywhere these days. Last year, cultured meat and seafood companies raised $1.38 billion in investment, and more and more startups are popping up to develop their own products.

Lab-grown meat seems to be everywhere these days. Last year, cultured meat and seafood companies raised $1.38 billion in investment, and more and more...

27/07/2022

PlantX Receives Bullish Research Valuation from Capital Y Management

PlantX Life $VEGA.C announced that Capital Y Management, a New York-based hedge fund, has issued an independent research report on PlantX referring to PlantX as "a market leader with a disruptive business in an emerging industry with long term tailwinds''.

PlantX Receives Bullish Research Valuation from Capital Y Management PR Newswire VANCOUVER, BC, July 27, 2022 Hedge Fund Places Target Price at C$0.67 Per Share VANCOUVER, BC, July 27, 2022 /PRNewswire/ - PlantX Life Inc. (CSE: VEGA) (Frankfurt: WN...

26/07/2022

Unique And Sustainable Solution To Extracting Plant Protein

An Israeli startup has developed a sustainable method of extracting protein from lentils to make gluten-free flour.

Food tech company Gavan makes use of the entire plant with its low-energy, low-chemical process, creating no waste at all.

An Israeli startup has developed a method of extracting proteins and other useful compounds from plant sources without producing any waste. The post Unique...

26/07/2022

PlantX Announces $10 Million Debt Financing

PlantX Life $VEGA.C announced that it has obtained debt financing whereby it may borrow a principal amount of up to $10,000,000 from an arm's length creditor (the "Holder"), pursuant to the terms and subject to the conditions of a secured convertible promissory note issued to the Holder (the

PlantX Announces $10 Million Debt Financing PR Newswire VANCOUVER, BC, July 26, 2022 Capital Secured at Favourable Terms Replaces Previously Announced Private Placement VANCOUVER, BC, July 26, 2022 /PRNewswire/ - PlantX Life Inc. (CSE: VEGA) (Frank...

25/07/2022

Vegan Oysters in Shells? This Startup Just Developed a Prototype to Save the Oceans

Cell-cultured seafood startup Pearlita Foods has successfully created the world’s first plant-based oyster prototype that looks and tastes just like a traditional oyster.

Cell-cultured seafood startup Pearlita has developed the first plant-based oyster prototype to save the oceans from overfishing.

25/07/2022

Plant&Co Signs Binding Letter of Intent to Acquire 100% of Lettuce Love Quick Serve Restaurants

Plant&Co. Brands Ltd. $VEGN.C , a modern company curating delicious plant-based foods, is pleased to announce that it has signed an accretive non-dilutive binding acquisition agreement for all Lettuce Love Café Plant-Based Quick Serve Restaurant Locations.

Toronto, Ontario--(Newsfile Corp. - July 25, 2022) - Plant&Co. Brands Ltd. (CSE: VEGN) (FSE: VGP) (OTCQB: VGANF) ("Plant&Co."' or the "Company"),...

22/07/2022

Why Celebrities Like Cameron Diaz and Serena Williams Are Investing In These 19 Vegan Businesses

We feel indebted to celebrities. Not only do they provide us hours of and titillating gossip, they’ve also provided significant for our favorite vegan brands.

From heavy-hitters like Beyond Meat and Impossible Foods to woman- and Black-owned Partake Foods, celebrity investments are helping these vegan businesses...

21/07/2022

Why Chipotle Invested in a $150 Million Funding Round for Vegan Steak Startup Meati

Today, Colorado-based startup Meati Foods closed a $150 million series C funding round led by Revolution Growth, with participation from existing and new , including Cultivate Next, Chipotle Mexican Grill’s new venture fund.

Colorado startup Meati—which creates whole-cut vegan chicken and steak from mushrooms—just raised $150 million in a funding round with help from Chipotle’s...

21/07/2022

Meati Foods Sinks Teeth into $150M to Expand its Mushroom-Root Meat Operations

Meati Foods, which is developing the Eat Meati brand of proteins made from mushroom root, is poised to begin shipping its plant-based meat product later this year after closing on $150 million in new Series C funding.

The round, which gives the company $278.6

After five years of research, Meati Foods is poised to begin shipping its plant-based meat product later this year.

20/07/2022

Opalia’s Cell-Cultured Milk Could Give Perfect Day a Run for Its Money

Cell-cultured milk from ’s Opalia could be ready for market by 2024 following recent production benchmarks. And as the demand for alternatives continues to accelerate, brands like Perfect Day have laid a lot of the groundwork, setting Opalia up for success.
Following

3 Mins Read Cell-cultured milk from Canada’s Opalia could be ready for market by 2024 following recent production benchmarks. And as the demand for dairy...

20/07/2022

Cultivated Meat Company Meatable Showcases its First Product — Synthetic Sausages

Meatable, a Dutch company developing cultivated “lab-grown” meat products, has revealed images of its inaugural pork sausage for the first time.

Meatable, a Dutch biotech company developing cultivated “lab-grown” meat products, has revealed images of its inaugural pork sausage for the first...

19/07/2022

Plant-Based Beverages Market Size Worth USD 388.4B by 2027 at 8.5% CAGR - Market Research Future

According to a Comprehensive Research Report by Market Research Future (MRFR), “Plant-Based Beverages Market Information by Source, Type, Distribution Channel, and Region- Forecast till 2027”, the market is estimated to acquire a size of over USD 388.42 Bn by the end of 2027.

Plant-Based Beverages Market Size and Trends by Source (Fruits, Nuts, Vegetables, Soy, Seeds & Leaves and Others), By Type (RTD Tea & Coffee, Plant-Based...

19/07/2022

Cellmeat’s Cultured Shrimp Shows Strong Go-To-Market Potential Following Restaurant Debut

Ahead of its Series B fundraising round and following a restaurant press event, South Korea’s Cellmeat says its cell-based Dokdo Shrimp is market ready pending regulatory approval.
It’s been a busy year since Cellmeat closed its $4.5

3 Mins Read Ahead of its Series B fundraising round and following a restaurant press event, South Korea’s Cellmeat says its cell-based Dokdo Shrimp is...

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