In a year marked by significant growth, European alternative protein companies attracted nearly $509 million (€470 million) in investment during 2024, reflecting a 23% increase from the previous year.

Smart Organic, a European producer and distributor of organic plant-based food products, has acquired UK vegan chocolate brand LoveRaw out of administration.

Vegan Food Group has announced a new partnership with US food-tech company Eat Just, creator of the Just Egg product.

Heura Foods and Swap (formerly Umiami) have teamed up to launch a clean label plant-based chicken fillet in France, Spain and Portugal.

Austrian food-tech start-up Revo Foods has announced the launch of a new black cod filet alternative made with its 3D production technology.

Fam Stumabo's latest model of its Yuran Hytec 300 cutting machine for meat and alt-proteins features an integrated exit conveyor.

Goodmills Innovation has developed a new wheat and fava bean protein claimed to offer an ‘amazingly close to meat-like’ texture.

French seafood alternatives company Olala has ceased operations after just over three years in business.

Heura Foods has launched Tex Mex Chunks, a Mexican-inspired high-protein and additive-free meat alternative.

Plant-based foods dominated alt-protein innovation, with nearly 4,000 patents published in this area since 2015.

Following its second consecutive quarter of net revenue growth and narrowed annual losses, the company is looking to further reduce costs.

ProVeg described the European Commission's vision for food and agriculture as offering 'little more than a rehash of the status quo'.