Swedish oat milk company Oatly has revealed it is conducting a strategic review of its Greater China business amid a broader evaluation of its operations in Asia.

Lactalis Canada has announced it will be shutting down its plant-based manufacturing facility in Sudbury, Ontario, marking the company’s full exit from the plant-based beverage category.

The European Commission has put forward a new proposal to restrict the use of certain meat-related words for labelling and marketing plant-based meat alternatives.

US-based hummus brand Little Sesame has successfully closed an $8.5m Series A funding round, led by InvestEco Capital.

Swiss food companies Yumame Foods and Le Patron have announced a strategic collaboration, aiming to create new plant-based foods that are tasty, healthy and sustainable.

Veganz Group has established a new subsidiary, Mililk FoodTech, as it prepares to bring in strategic investors later this year.

British plant milk company Mighty Drinks has appointed administrators from Interpath this week, amid trading headwinds and funding challenges within the plant-based food and beverage category.

Arkeon, an Austrian biotech company developing sustainable protein via gas fermentation, has formally filed for insolvency.

Plukon Food Group has acquired fellow Dutch food group Vega Insiders, a producer of plant-based protein products based in Udenhout, the Netherlands.