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Global Plant Based Meat Markets, 2020-2021 & 2021 with Beyond Meat, Maple Leaf Foods, Gardein Protein International (Pinnacle Foods), Morningstar Farms (Kellogg Company), Tyson Foods Dominating

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Worldwide plant based meat market was US$ 5.6 Billion in 2020 and will grow with a double-digit CAGR of 15% during the forecast years of 2020-2027 to reach US$ 14.9 Billion by 2027.
Plant-based meat offers an alternative combining ingredients in novel ways. It delivers the complete culinary experience of meat without the need for any single animal. Plant-based meat fits seamlessly into consumers' due to culinary traditions. Globally, apprehension regarding healthy diet surge coupled with the increasing awareness about animal rights is driving the plant-based meat industry.
Currently, plant-based meat is an essential component of the vegan diet, in which people adopt a plant-based eating lifestyle that is devoid of animal-based foods. Plant-based food products contain protein, vitamins C, iron, and fibre intakes and processed in lower saturated fats and calories. Besides, due to its meaty texture, juiciness, and more fibrous consistency like meat, worldwide increasing consumption of plant-based meat is giving traction to this market.

Global Desalination Market by Regions, Application, Forecast By 2027

On the health prospect, plant-based meat controls blood cholesterol, heart diseases, and other diseases. According to The IDF Diabetes Atlas Ninth edition, in the year 2019, approximately 463 million adults (20-79) had diabetes. By 2045, this figure is expected to rise to 700 million diabetic patients worldwide. Plant-based meat can prevent and even reverse a litany of food and lifestyle-bear illnesses, type2 diabetes and heart disease.
Besides, across the globe, manufacturers ranging from start-ups to leading consumer packaged goods (CPG) companies are innovating rapidly in the plant-based meat category. Even the world’s largest meat companies embrace plant-based meat due to affordability; diversity, accessibility & quality; and vegetarian lifestyle. As per renub research analysis, the worldwide plant based meat market was US$ 5.6 Billion in 2020.

Impossible Foods Cuts Retail Prices

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Digital Editor
Impossible Foods encourages the roughly 17,000 grocery stores, supermarkets and retailers that sell the Impossible Burger to pass the savings to consumers as soon as possible.
Thanks to its tremendous growth over the past year, plant-based meat maker Impossible Foods has achieved cost savings that it wants to pass along by cutting suggested retail prices by 20% throughout the United States.
The alternative meat company is strongly encouraging the roughly 17,000 grocery stores, supermarkets and retailers that sell its signature product, the Impossible Burger, to pass the savings on to consumers as soon as possible. 
“While we would not and could not require grocery stores to cut prices, grocery store customers and distributors are in fact consistently passing along our economies of scale to their own customers,” said Dennis Woodside, president of Redwood City, California-based Impossible Foods. “Impossible products are becoming increasingly affordable, and this in turn is accelerating our rapid retail growth. It’s a virtuous cycle for our customers, consumers and the planet.”

23 Inspiring Vegan TED Talks to Watch Right Now

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From passionate advocates to innovative entrepreneurs, these TED talks will educate, empower, and inspire you to level up your vegan life.  

Impossible Foods cuts wholesale prices by 15% for second time in one year

Impossible Foods cuts wholesale prices by 15% for second time in one year
A banh mi sandwich made with a plant-based Impossible Pork patty at the Impossible Foods headquarters in Silicon Valley
(Reuters) - Impossible Foods Inc, maker of the plant-based Impossible Burger, said on Wednesday it would cut prices for foodservice distributors in the United States by about 15% amid increasing demand for its burgers.
The price cut is its second in a year and the California-based company is asking distributors to pass on the savings to restaurants and consumers.
The Beyond Meat rival has tied up with several restaurants including Burger King, Starbucks and White Castle, and expanded its retail footprint to thousands of stores across the United States last year.

Impossible Foods CEO Is "Dead Serious" About Making All Food Animals Obsolete by 2035

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Patrick O. Brown, CEO of Impossible Foods, recently spoke at Web Summit, a virtual conference attended by 100,000 people, about the future of food—which he sees as devoid of all animal products. “Our mission is to completely replace the use of animals as a food technology by 2035. We’re dead serious about it and we believe it’s doable,” Brown said during the conference. “I was confident that we would succeed when I launched this company, and now I’m completely confident. It’s game over for the incumbent [meat] industry—they just don’t realize it yet.” 
The beginning of the end

Impossible Foods Accelerates Innovation Strategy With New Hire

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Dr. John D. York, Ph.D.
Impossible Foods continues to accelerate its innovation strategy with its new hire of Vanderbilt University Biochemistry Department Chair Dr. John D. York, Ph.D., as chief science officer. The company plans to double the number of scientists on its team within a year as part of its plan to heavily invest in R&D.
The privately held food tech startup was founded in 2011 by Dr. Patrick O. Brown, M.D., Ph.D., professor emeritus of biochemistry at Stanford University, and a former Howard Hughes Medical Institute investigator, as a way to develop nutritious meat and dairy products from plants — with a much smaller environmental footprint than meat from animals.

Plant-Based Pork Sales Will Surge to $10.6 Billion by 2030

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Global plant-based pork sales are predicted to surge from $1.2 billion in 2020 to $10.6 billion by 2030, according to market research firm Future Market Insights (FMI). The nearly nine-fold increase is driven by growing awareness among global consumers of welfare issues within the animal agriculture industry and the threat of disease posed by raising animals for food. FMI’s report “Plant Based Pork Market” explains that consumers, particularly amid the COVID-19 pandemic, are increasingly choosing plant-based pork products as an alternative to animal-derived pork, with Europe predicted to hold the highest market share at 42.9 percent. 
“Steps taken by animal-welfare groups and communities to spread awareness on animal welfare has been a chief driver of the market,” a leading FMI analyst said. “This, coupled with inclination for maintaining a greener lifestyle, has been encouraging consumers to replace traditional meat items with plant-based alternatives.”

Impossible Burger, a.k.a. the veggie burger that bleeds, is coming to Canada

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Impossible Burger, a.k.a. the veggie burger that bleeds, is coming to Canada
The Impossible Burger — 'made from plants for people who love ground beef' — is debuting at 13 restaurants in Vancouver, Calgary, Toronto, Ottawa and Montreal.
Author of the article: Laura Brehaut
Publishing date: Sep 08, 2020  •  September 8, 2020  •  4 minute read  • 
Chef Craig Wong created the Impossible 'Pineapple' Bun Burger for his Toronto restaurant Patois. Photo by Impossible Foods
Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page.
Article content
Every day since Dec. 28, 2019, a Twitter user going by the handle @ImpossibleYet has tweeted: “No, Impossible Foods is not available in Canada yet.” As of this week, their mission will be fulfilled. The Impossible Burger — “made from plants for people who love ground beef” — is debuting at restaurants in Vancouver, Calgary, Toronto, Ottawa and Montreal.

Impossible Burger, a.k.a. the veggie burger that bleeds, is coming to Canada

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Article content
Every day since Dec. 28, 2019, a Twitter user going by the handle @ImpossibleYet has tweeted: “No, Impossible Foods is not available in Canada yet.” As of this week, their mission will be fulfilled. The Impossible Burger — “made from plants for people who love ground beef” — is debuting at restaurants in Vancouver, Calgary, Toronto, Ottawa and Montreal.
Thirteen restaurants — including Craig Wong’s Patois and Matty Matheson’s Maker Pizza in Toronto, Connie DeSousa and John Jackson’s CHARCUT Roast House in Calgary, Frédéric Morin and David McMillan’s Joe Beef in Montreal — will be offering their spin on the plant-based product.

The Rocket's Glare: Impossible Foods, Moderna, Phillips are three strands of a single, driving braid of opportunity : Biofuels Digest

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There’s great news in the advanced bioeconomy this month. Impossible Foods has secured $200 million in its latest funding round, led by new investor Coatue.
Wonder Food
The industry-leading food-tech startup has raised about $1.5 billion since its founding in 2011. Impossible Foods will use the funds in part to expand its research and development programs and accelerate manufacturing and commercialization and the development of Impossible Pork, milk, steak and other foods. Series G closely follows the launch of Impossible Sausage, the first all-new product from Impossible Foods since the 2016 launch of Impossible Burger. After debuting at the 2020 Consumer Electronics Show in January, Impossible Sausage became available in more than 22,000 restaurants in just six months.

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