Slumping demand forces 2 California plant-based startups to close
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Source: fooddive.com
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The plant-based protein industry continues to suffer losses with two well-funded companies closing their doors, while the cultured meat segment steadily checks milestones and tackles hurdles as it prepares for broader distribution and consumer adoption.
Plant-based foods have seen brighter days. Unfortunately, those days recently came to an end for a pair of California-based startups.
Hooray Foods, Nowadays recently shared plans to end production.
Hooray Foods, Nowadays recently stated plans to end production.