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Business
UK’s plant-based food market ‘back in growth for first time in years,’ Tesco declares
UK’s plant-based food market ‘back in growth for first time in years,’ Tesco declares

UK retailer Tesco has reported a surge in demand for chilled plant-based food products for the first time in years, signalling a promising return to growth amid a turbulent period for the category.

Food
Tootie’s Tempeh CEO Sarah Speare elected to PBFA board
Tootie’s Tempeh CEO Sarah Speare elected to PBFA board

Sarah Speare, CEO, co-founder and worker-owner of Tootie’s Tempeh, has been elected to the board of the Plant Based Foods Association (PBFA) and will also serve as Treasurer.

Appointments
Marico to acquire 60% of Cosmix Wellness for $41m
Marico to acquire 60% of Cosmix Wellness for $41m

Marico has signed definitive agreements to acquire a 60% stake in Cosmix Wellness Private.

Mergers & Acquisitions
Beyond Meat hit with shareholder class action over alleged disclosure failures
Beyond Meat hit with shareholder class action over alleged disclosure failures

Beyond Meat shareholders have launched legal action accusing the company of failing to disclose “material adverse facts” ahead of a major impairment charge that was revealed in November.

Business
Daring Foods CEO Jeffrey Gendelman steps down
Daring Foods CEO Jeffrey Gendelman steps down

Jeffrey Gendelman, CEO of plant-based meat start-up Daring Foods, has announced he will step down after nearly five years with the company.

Food
Agronomics invests further £1.5m in All G as precision fermentation nears commercial rollout
Agronomics invests further £1.5m in All G as precision fermentation nears commercial rollout

Agronomics, the London-listed cellular agriculture investor, has put a further AUD 3 million (£1.5 million) into Australian biotech All G.

Ingredients
Alt-seafood association Future Ocean Foods seeks buyer to accelerate organisation
Alt-seafood association Future Ocean Foods seeks buyer to accelerate organisation

Future Ocean Foods, a trade association dedicated to the global alternative seafood industry, has announced it is seeking acquisition.

Seafood
Om Mushrooms secures $6.5m to fuel functional mushroom expansion
Om Mushrooms secures $6.5m to fuel functional mushroom expansion

Om Mushrooms, a US-based functional mushroom company, has secured a $6.5 million line of credit from JPalmer Collective.

Ingredients
Beyond Meat enters beverage category with new multifunctional pea protein drinks
Beyond Meat enters beverage category with new multifunctional pea protein drinks

Beyond Meat has announced a milestone update: its entry into the beverage category with the launch of Beyond Immerse, a new line of pea protein drinks.

New products
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