Even so, plant -
based meat companies have many challenges ahead of them.
Plant -
based meat companies have been seeing larger and larger rounds from venture capital and other types of investors.
Both cellular ag and plant -
based meat companies have the same goal — but their paths to get there couldn't be more different.
Pat Brown, CEO and founder of plant -
based meat company Impossible Foods, wants to end the use of animals in food production by 2035.
GFI's innovation department has two primary areas of focus — firstly, encouraging scientists and entrepreneurs to join the plant - based and cultured meat industries, and secondly, supporting the ongoing success of existing companies in the industry.26 They have assembled a list of potential companies based on what they believe are promising ideas that have not been capitalized on, 27 and they have developed a list of more than 220 entrepreneurs and scientists, many of whom take part in monthly video calls led by GFI.28 In the last year, they have had some success in assisting in the founding of a plant -
based meat company in India, Good Dot, and a plant - based fish company in the U.S., SeaCo.29 The companies have both raised millions in venture capital and are making progress towards competition with animal products.30 Although venture capitalist funding is a good indication that the companies themselves will be successful, and while the companies might not exist without GFI, it is unclear what portion of the responsibility for the companies» outcomes should be attributed to GFI.
Last year, the company invested in plant -
based meat company Beyond Meat, the first veggie burger to be sold next to meat in the frozen section of the grocery store.
Created by plant -
based meat company, Beyond Meat, the Beyond Sausage will be located in the meat section of the grocery store, where you can also find the Beyond Burger.
Not exact matches
It's not a plant -
based protein
company, per se, but it is one that produces
meat without having to grow an entire animal.
By introducing plant -
based options through restaurants and catering
companies, an entire office building, school, or hospital can drastically reduce
meat consumption.
Over the past three years, Kailey Gilchrist has turned her late mother's recipe for cashew -
based alfredo sauce into a bustling vegan food
company, Nona Vegan Foods, whose award - winning fare is beloved by plant and
meat eaters alike.
But it was Eventbrite's commitment to customer service that impressed Alex Kay, the founder of Unicorn
Meat, a New York -
based nightlife production group, when he used the
company to handle tickets for his events.
The screen legend joins other investor luminaries who have backed the
company's goal of making mass market, plant -
based alternatives to
meat.
While plant -
based alternatives have been around for decades, a cohort of this new generation of
companies — including Beyond
Meat — is using food tech to get plants to more closely replicate the taste and texture of animal protein.
Beyond
Meat is best known for its plant - based burger, and Brown says the company decided to go after a pork sausage next because of what he sees as consumers» health concerns about processed m
Meat is best known for its plant -
based burger, and Brown says the
company decided to go after a pork sausage next because of what he sees as consumers» health concerns about processed
meatmeat.
• Tall Tree Foods, a portfolio
company of Altamont Capital Partners, has acquired The January Co., a Kent, Wash. -
based manufacturer of Chinese - style
meat products.
The backer of
companies like the plant -
based protein - maker Beyond
Meat, and cultured - meat company Memphis Meats, Tyson Ventures» latest investment is also tackling technology development to create mass - produced meat in a lab — instead of on the f
Meat, and cultured -
meat company Memphis Meats, Tyson Ventures» latest investment is also tackling technology development to create mass - produced meat in a lab — instead of on the f
meat company Memphis
Meats, Tyson Ventures» latest investment is also tackling technology development to create mass - produced
meat in a lab — instead of on the f
meat in a lab — instead of on the farm.
By Amy Au Just before World Food Day, Tyson Foods Inc., the largest
meat company in the U.S., announced its investment in Beyond Meat, a startup we featured in the Global Opportunity Report 2016 which produces plant - based meat that claims to cook and taste like the real d
meat company in the U.S., announced its investment in Beyond
Meat, a startup we featured in the Global Opportunity Report 2016 which produces plant - based meat that claims to cook and taste like the real d
Meat, a startup we featured in the Global Opportunity Report 2016 which produces plant -
based meat that claims to cook and taste like the real d
meat that claims to cook and taste like the real deal.
Jerusalem -
based biotechnology lab - grown
meat company Future Meat Technologies has announced a $ 2.2 million seed investment round co-led by Tyson Ventures, the venture capital arm of Tyson Fo
meat company Future
Meat Technologies has announced a $ 2.2 million seed investment round co-led by Tyson Ventures, the venture capital arm of Tyson Fo
Meat Technologies has announced a $ 2.2 million seed investment round co-led by Tyson Ventures, the venture capital arm of Tyson Foods.
El Segundo, Calif., and Springdale, Ark. — October 10, 2016 — Tyson Foods, Inc. (NYSE: TSN) has taken a 5 - percent ownership stake in plant -
based protein producer Beyond
Meat, both
companies announced today.
Early - stage venture capital fund New Crop Capital funds startups that develop cultured and plant -
based meat, dairy, and egg products, along with service
companies that facilitate the promotion and sale of these products.
Impossible Foods, a major player in the space, leverages molecular engineering to create «bleeding» plant -
based burgers that the
company claims is nearly indistinguishable from
meat.
In September, the
company announced new patents — including one for machine learning -
based analysis of plants for potential products — that will help it manufacture this clean
meat at scale.
While protein products developed by these
companies are not currently fit for human consumption, methane -
based proteins could improve the environmental impact of
meat production, and eventually further fuel the meatless revolution by creating another food source for developing economies in Africa and Asia.
Earlier in September, China announced a $ 300M deal to import lab - grown
meat from three Israel - based companies — SuperMeat, Future Meat Technologies, and Meat the Future — as part of a broader plan to decrease the country's meat consumption by 5
meat from three Israel -
based companies — SuperMeat, Future
Meat Technologies, and Meat the Future — as part of a broader plan to decrease the country's meat consumption by 5
Meat Technologies, and
Meat the Future — as part of a broader plan to decrease the country's meat consumption by 5
Meat the Future — as part of a broader plan to decrease the country's
meat consumption by 5
meat consumption by 50 %.
Memphis
Meats wasn't the first
company to explore lab - grown
meat products: Dr. Mark Post, a Netherlands -
based researcher, produced the world's first lab - grown burger in 2013, in research originally financed by Google's co-founder Sergey Brin.
Missouri -
based Fruitland American
Meat Company has recalled 4,000 pounds of beef, following concerns of possible contamination that could cause mad cow disease.
Deliverables: The end result of this internship will be (1) a database listing institutions, academic researchers, and
companies who are currently using technologies that are applicable to plant -
based and clean
meat research or food technology and (2) a database listing conference opportunities.
GFI reports that as their scientists investigate further, they have become more optimistic — because clean
meat is so much more efficient than animal -
based meat.102 One of their senior scientists, Dr. Liz Specht, has met with venture capital firms and other venture investors to present technology plans of specific clean
meat companies and their pathways to commercialization.103 GFI further reports that,
based partly on her analysis, many leading venture capital investors and firms have become much more interested in clean
meat companies.
They work to secure media attention for their own work as well as for plant -
based and cultured
meat companies, and they have been covered in more than 480 scientific and mainstream media venues.16 Little is known about the impact of these interventions on public opinion, though it seems that raising public awareness of cultured products may be valuable, especially since the field is so new.
The next set of metrics defines mission - level goals for each of our departments: number of
companies started, number of top 100 restaurants carrying plant -
based entrees, number of scientific grant dollars moved to plant -
based and clean
meat research, etc..
GFI sees value in market research, and may conduct some themselves; they have already conducted a short survey to identify the most appealing name for cultured
meat.96 They would also be interested in research done to identify other factors important in promoting plant -
based and cultured
meat, such as whether consumers are more likely to respond well to promotion related to health benefits or to animal welfare.97 They plan to conduct such research and will encourage its use by
companies.
«Not long ago, the prospect of infiltrating the
meat section was a wild dream for
companies working on plan and lab -
based meats.
The
company actually began offering sausages three years ago when it created a private - label product for Totta Sausage Co., a neighboring Independence -
based meat seller.
The Tulsa, Okla. -
based company formed in 1976, shortly after the opening of a large regional grocery distribution center changed the way
meat packers in its market interfaced with smaller retailers.
Based in the Bronx, New York, the
company's service area spans from Boston to Baltimore, and its products include boxed beef, chicken, pork, lamb, veal and variety
meats.
This lead Deya to Beyond
Meat, a company focused on improving human health, positively impacting climate change, conserving natural resources and respecting animal welfare through the innovation of plant based meat produ
Meat, a
company focused on improving human health, positively impacting climate change, conserving natural resources and respecting animal welfare through the innovation of plant
based meat produ
meat products.
Israel -
based ingredients
company Salt of the Earth claims its popular product, Mediterranean Umami, can cut sodium in processed
meat by up to a third.
Based in Los Angeles, California, Beyond
Meat is a privately held company with a mission of building meat directly from pla
Meat is a privately held
company with a mission of building
meat directly from pla
meat directly from plants.
Sanger Australia is a
meat export marketing
company based in Sydney supplying up to 60 countries around the world a range of
meat items that are not certified organic.
In addition, Critchfield
Meats has formed a partnership with Alltech, a natural animal feed nutrition
company based in Nicholasville, Ky..
An agreement recently reached between Jensen
Meat and the Montana -
based nonprofit organization American Prairie Reserve (APR) will help support the group's wildlife - friendly ranching and conservation efforts while also giving the
company access to domestic, naturally raised and grass - fed beef.
In the beginning, the
company would secure bids from several vendors for various products like
meat, produce, dry goods, dairy, and bread on a daily
basis, only to realize its time could be better spent taking care of guests than chasing prices.
«We know the
meat industries have enjoyed economic advantages and it really makes it difficult for plant -
based food
companies to compete,» Executive Director Michele Simon, JD, MPH, tells Food & Drink International.
Based in Highland, Calif., the
company offers a range of
meat products featuring beef, pork, poultry and sausage.
The Puerto Nuevo, Puerto Rico -
based company was formed in 2009 when the Trapaga family acquired Packers Provision, a fresh
meat distributor incorporated in 1974.
The
company's niche market is growing in popularity, and Dudley believes it is a positive thing that consumers are trying new healthy eating lifestyles like Paleo and Whole30, which are very
meat -
based.
Most
companies like to tout their core values, and Bridgeview, Ill. -
based Stampede
Meat Inc. is no different.
As each account is unique, the
company uses a variety of
meats, breads and other ingredients in its products, depending on what each customer requires for its distinct customer
base and business model.
The
meat distributing
company works to provide the safest, most environmentally friendly, all - natural, locally grown organic
meat products to its
base of customers in the hotel, restaurant and retail industries.
Ter Beke, the Belgium -
based processed
meats and ready meals
company, and French pasta manufacturer Stefano Toselli are considering forming a joint venture for supplying pasta and ready meals to Central and Eastern Europe.