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Plant-based dairy
Dutch consortium secures €1.3m to develop fungi-derived milk proteins
Dutch consortium secures €1.3m to develop fungi-derived milk proteins

A Dutch research consortium has secured €1.3m in funding to develop milk proteins for vegan cheese using fungi, through precision fermentation.

Funding & investments
Plant-based market hits €16.3bn in Europe but remains underpenetrated, says Circana
Plant-based market hits €16.3bn in Europe but remains underpenetrated, says Circana

The European plant-based food and drink sector has reached a value of €16.3bn, yet still accounts for just a small fraction of total food sales.

Food
Swiss Supreme Court bans use of “milk” on oat drinks
Swiss Supreme Court bans use of “milk” on oat drinks

Switzerland’s highest court has ruled that plant-based products cannot use the term “milk” under any circumstances.

Milk
Ambienta backs plant-based dairy producer The Bridge to accelerate European growth
Ambienta backs plant-based dairy producer The Bridge to accelerate European growth

European sustainability-focused investor Ambienta has acquired a majority stake in Italian plant-based dairy specialist The Bridge for an undisclosed sum.

Mergers & Acquisitions
Oatly expands portfolio with Strawberry Matcha Latte
Oatly expands portfolio with Strawberry Matcha Latte

Oatly has introduced a brand-new Strawberry Matcha Latte product in the UK, marking the latest extension of its growing matcha portfolio.

New products
Alpro enters RTD matcha category with soya-coconut offering
Alpro enters RTD matcha category with soya-coconut offering

Danone’s Alpro brand has entered the ready-to-drink matcha category with the launch of a new soya-coconut-based matcha drink.

New products
French plant-based cheese producer Jay&Joy raises €2m to fuel growth
French plant-based cheese producer Jay&Joy raises €2m to fuel growth

French plant-based cheese producer Jay&Joy has raised €2 million in funding to support its growth in the UK and Europe.

Food
Danone acquires plant-based functional nutrition brand Huel
Danone acquires plant-based functional nutrition brand Huel

Danone has entered into an agreement to acquire UK plant-based functional nutrition brand Huel in a deal reportedly worth around €1 billion.

Functional
Yeo’s launches Pandan Chiffon Soy Milk
Yeo’s launches Pandan Chiffon Soy Milk

Yeo Hiap Seng has introduced a limited-edition Pandan Chiffon Soy Milk ahead of Eid al-Fitr.

New products
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