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

Elemental Excelerator

How do they confirm or challenge the areas we see as ripe for innovation? We asked our Directors of Innovation to weigh in. This is aligned with rising consumer demand for more sustainable products, as well as pressure for innovation to address supply chain disruptions , which were intensified throughout the pandemic.

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Resource efficiency and vertical farming: Solutions for a sustainable future?

Business Green

While two vertical farms have achieved substantial scale in the US, vertical farm products have not yet gained significant shelf space in the UK and Europe. For example, soy, which is used in animal feed and many meat-alternative products, is responsible for widespread deforestation and has a high carbon footprint.

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'Urgent priority': Can 2021 usher in a sustainable food system transformation?

Business Green

In many major economies, plant-based options and meat-alternatives are growing in popularity, leading to rising sales of veggie food and milk in supermarkets and restaurants. Fortunately the opportunities for change are growing rapidly.

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

Business Green

Unilever recently set out its plan to significantly expand its plant-based range, with a view to securing €1bn in annual sales from alternative meat and dairy products within the next seven years. Products are just tastier now than ever before, thanks to leaps in food technology innovation, he says.

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'Investors are watching closely': How Covid-19 is accelerating the plant based 'meat' trend

Business Green

Back in Europe, Unilever has built a $94m innovation centre in the Netherlands. Housing 500 employees, it focuses on plant-based innovations for brands like Hellman's and Knorr. In total, the research finds, seven of these 15 retailers now sell, or plan to sell, plant-based meat alternatives.

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UPDATE: Future Meat Technologies raises $14m Series A as Memphis Meats eyes jumbo Series B

AFN Sustainable Protein

(If you include seafood in your definition of meat — jury out over here at AgFunder! T he CEO of major meat alternative producer Monde Nissin, Henry Soesanto , also invested alongside Chinese agri-foodtech VC Bits x Bites, Tyson Ventures, and Manta Ray Ventures, a UK-based venture capital firm. ” Fatty focus.