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Tesco targets major plant-based meat sales growth in UK first

Business Green

Tesco is plotting a major increase in plant-based meat products in its stores over the coming years in order to capitalise on the growing trend towards vegan, vegetarian and flexitarian diets, as it today became the first UK retailer to set a sales target for meat alternatives.

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Can Bumble Bee and Nestlé hook the world on fishless fish?

GreenBiz

Buoyed by the success of red-meat mimics from the likes of Impossible Foods and Beyond Meat, a growing number of companies is angling to capture their share of the early market for animal-free seafood. Overall, businesses creating all sorts of meat alternatives raised $3.1 New Wave Foods.

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Growing appetite: Retailers and food firms rush to join plant-based meat boom

Business Green

New report reveals how retailers are committed to increasing their volume of sales of meat and dairy alternatives. Overall, the number of investors setting targets to increase their investment in plant-based products was found to have increased. In the UK, for example, the cost of Oatly oat milk has fallen from almost 2.5

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A View of Climate Tech Trends through Elemental’s Portfolio Applicants

Elemental Excelerator

What do year-over-year trends within our key investment sectors tell us about the future of climate tech? Circular economy company applicants grew from 8% in 2019 to 17% in 2022. Touching on everything from freshwater and stormwater management to flooding, companies focused on water access jumped 8% compared to 2019.

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Sustainable consumption: Get ready for the next frontier in the race to zero

Business Green

Forecasting work carried out by the Climate Change Committee in 2019 on the UK's contribution to stopping global warming shows that 59 per cent of the changes the UK needs to make to achieve net zero rely not just on the large-scale transition to low-carbon technologies but also on wider human and societal behaviour change.

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This volcanic microbe startup is taking on Beyond Meat and Impossible in plant-based race

AFN Sustainable Protein

Despite all this investment, two companies have been hogging the plant-based protein spotlight lately. Impossible Foods alone has raised $750 million, including a recent $300 million round , while Beyond Meat’s IPO raised $240 million for the company in a blockbuster debut that saw the company’s valuation soar over $10 billion.

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A plant-based recovery? The Vegetarian Butcher's Hugo Verkuil on shifting diets during a pandemic

Business Green

The plant-based meat and dairy market is expected to balloon over the years to come, as consumers increasingly seek to reduce the environmental impact of their diet while tapping the health benefits related to reducing meat consumption.