Nearly a year after its acquisition, Tofurky is capitalizing on the synergies with its parent company Moringa Nutritional Foods as the brand prepares to grow its retail and global presence despite headwinds facing the plant-based market, company CEO Jaime Athos told FoodNavigator-USA.
Plant-based meat company Before the Butcher is focusing on growing and innovating its private label and foodservice businesses, as it assess how the alternative protein retail market will shake out, company founder and CEO Danny O'Malley told FoodNavigator-USA.
WNWN Food Labs’ recent completion in Mondelēz International, Inc.’s CoLab Tech accelerator is “just the beginning” for the cocoa-free brand, Johnny Drain, co-founder, WNWN, told FoodNavigator-USA.
Farmless, a startup producing protein using a feedstock which combines hydrogen, nitrogen, CO2 and renewable energy, is planning to build a pilot plant after a new injection of funding. Its purpose is simple – cutting down on the land used to create protein, and creating greater efficiency in protein production.
The plant-based protein market has faced a year of headwinds from slumping unit sales to lower investments, but companies like Chunk Foods and Konscious Foods are hoping to tap into underserved markets in the US to grow, as the entire industry prepares for another rough year ahead.