The most read vegconomist articles last week
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vegconomist reports on the global vegan economy. Market reports, interviews, new products, startups and more.
??Danone Silk's pea protein yogurt
Danone's strategic choice to source all pea protein exclusively from Canada is a positive development amidst the current challenges faced by North American pea protein producers.
??Vegan flavor market
The vegan flavor market in North America is expected to experience robust growth in the coming years, with a projected CAGR of 6.7% until 2034
??Victory for Revo Foods
Says Robin Simsa, CEO of Revo Foods, “In our view, any accusation of deception is unjustified. Many consumers are specifically looking for these types of products, and it is important to give guidance of the product taste with descriptive names.”
??Oddlygood named best vegan milk
Oddlygood of Helsinki, a spinoff of leading Finnish food company Valio, has seen impressive growth since its debut in 2018, with sales doubling each year.
??EU dairy sales “sluggish” says Rabobank
Many Western European companies seeing weaker-than-expected sales. Forecasts for 2024 are similarly weak. Companies in regions such as Australia, Brazil, and China also saw decreased demand last year.
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??Heura & Upfield to drive PB innovation
The collaboration between Heura and Upfield aims to rapidly accelerate the protein transition towards a sustainable food system.
??Vivici paves the whey
The protein is an isolate of beta-lactoglobulin, the major whey protein in cow’s milk. It contains all amino acids required by the human body and has high levels of leucine and branched-chain amino acids.
??Danone converts dairy plant to oat
Jobs at the plant will be retained following the transition, which required two years of work and a €43 million investment.
?? Introducing Cultivated X
Cultivated X is a new B2B magazine focused on cellular agriculture, covering global news and developments in the cell-cultured space, encompassing foods and beverages; materials; policies, laws and regulations; technologies; companies, startups and people; and more.
??Fermentation & mushrooms FTW
According to the report, the global market could reach an estimated value of $31.2 billion by 2030, with a strong compound annual growth rate (CAGR) of 42.6% between 2024 and 2030.