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Global Vegan Food Market is expected to Grow at CAGR 11.4% by 2027 owing to Rising Investments in the Plant Based Food Industry Over the Years – KSU


amiMay 15, 2021
The prevalence of plant-based food and meat alternatives have observed to be constantly rising across countries like New Zealand, United States, Canada, Sweden and Germany. According to studies, in 2018, the demand for plant-based meat grew 37% compared to last two years. The most demanded form of plat-based meats across United States included burgers followed by nuggets, strips and cutlets. Rising demand for plant-based food and meat alternatives is influencing investment across the industry. According to the Good Food Institute, the investment in the plant-based meat, egg, and dairy alternative companies in the first quarter of 2020 across United States accounted for US$ 741 Mn. However, in 2018, the total investment in the plant-based market in the country accounted for US$ 673 Mn, out of which venture capital was the most common source of funding, representing 43% of the total investment. The other type of investment in the plant-based food market involved ....

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Hobbs & Towne Assists LifeLabs Design in CEO Search


Hobbs & Towne Assists LifeLabs Design in CEO Search  
April 26, 2021 – Executive search firm Hobbs & Towne has recruited former North Face executive Scott Mellin as CEO of the newly formed company LifeLabs Design, a commercial brand built on patented textile technologies from two Stanford University scientists. The assignment was led by partners Ryan Houder and Tom Watchko. LifeLabs Design revolves around the earlier work of Yi Cui, director of Stanford’s Precourt Institute for Energy, and Meng Sui, CEO of EEnotech and 4C Air Inc.
“LifeLabs is about textiles,” Mr. Mellin told Outside Business Journal. “Apparel will be an outcome of that, but when you think about all the major touch points in your life, there’s work, home, mobility, sport and sleep. When you look at all the different textiles across the five dimensions of your life, we have an array of patents that we can apply.” Mr. Mellin had been general manager of North Face’s Mountain Sports divisi ....

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