This Week In Food: A record breaking year for Tofurky 🦃 and the $277M meal kit deal that's got our belly's rumbling

This Week In Food: A record breaking year for Tofurky 🦃 and the $277M meal kit deal that's got our belly's rumbling

By
Nicola Spalding
November 27, 2020

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Weekly Digest

  • Home delivery is booming as more consumers are compelled to stay at home, and Deliveroo has reported double-digit growth in vegan orders globally, with figures at 100%+ in Hong Kong and the UK.
  • 📉 What’s Down: Danone plans to cut up to 2000 jobs as it tries to save nearly $1.2Bn to mitigate the impact of the pandemic on its business model.

Source: Tofurky

    • 🌱 Swedish giant IKEA is planning to make 50% of its food menu plant-based by 2025, in recognition of growing consumer demand for plant-based, healthy and sustainable versions of favourite dishes.
    • 🐓 Britain’s intensive ‘cheap’ chicken production could lead to the next global pandemic because it has created the perfect environment for zoonotic disease transmission, according to a new report by animal welfare charity Open Cages.
    • 🐖 Impossible Foods’ plant-based pork has gained a coveted spot on the prestigious ‘100 Best Inventions of 2020’ list by Time Magazine, which only adds fuel to the prediction by Future Market Insights that global plant-based pork sales will surge to $10.6Bn by 2030, a nearly nine-fold increase from the 2020 level, or the claim that plant-based and cell-based meat will make up 60% of the total meat market by 2040.
    • 🧫 India’s first cell-based food tech, ClearMeat, is piloting its first product, a cultivated chicken mince, and has already reached price parity with its animal-based equivalent.
    • 🇪🇺 Omnipork is coming to Europe in 2021 after a phenomenal consumer response in Asia, where last month it partnered with McDonald’s in Hong Kong.
    • 🍔 QSR giant Burger King is partnering with Unilever-owned The Vegetarian Butcher to bring its plant-based Rebel Whopper to Dubai, to appeal to the country’s growing flexitarian crowd.
    • 🦞 Singapore food tech Shiok Meats has unveiled the world’s first cell-based lobster meat prototype at a private tasting event held by food incubator Innovate360, as demand for sustainable solutions rises, particularly in Asian markets.

    Source: Shiok Meats

    • 🍝 Santa Monica-based startup Tasty Jungle is launching pasta made from breadfruit. The fruit can also be used like a potato, but has a better nutritional profile, so could be one of the next big ingredients in the plant-based space.
    • 🇿🇼 Nestlé has announced its plans to invest $2.5M in a cereals production line as part of its plant expansion in Zimbabwe, taking its total investment in the country to over $40M in the last decade.
    • 🤝 Tech firms Ynvisible and Innoscentia are partnering to develop an intelligent expiry date label which monitors real-time quality of food, and should reduce food spoilage and food waste when compared to traditional expiry date estimations.
    • 🥖A group of university students from Hong Kong spotted an opportunity to make beer from leftover bread which would otherwise have been wasted, and thus Breer was born. It’s a new brand of craft beer made from loaves collected from local grocery stores and restaurants, reducing food waste in the city and cutting the cost of beer production.
    • 🌎 Arla Foods Ingredients has reportedly cut around 60,000 tonnes of CO2 emissions per year by using energy from biogas from plants which process manure from its farms as well as some of its production waste. Talk about a circular approach!
    • 💸 According to a new report from analysts at Bank of America, Gen Z spending power will overtake that of Millennials by 2031, and will transform the way businesses act and investments are made with their ‘flight-shaming, plant-based and zero alcohol habits’. Youth is no longer wasted on the young!

    Subscribe to This Week In Food:

    Become a FoodHack+ member to get unlimited access

    • Access premium publications
    • Get listed on our directory
    • Join a Global Community

    Subscribe to This Week In Food:

    Weekly Digest

    • Home delivery is booming as more consumers are compelled to stay at home, and Deliveroo has reported double-digit growth in vegan orders globally, with figures at 100%+ in Hong Kong and the UK.
    • 📉 What’s Down: Danone plans to cut up to 2000 jobs as it tries to save nearly $1.2Bn to mitigate the impact of the pandemic on its business model.

    Source: Tofurky

      • 🌱 Swedish giant IKEA is planning to make 50% of its food menu plant-based by 2025, in recognition of growing consumer demand for plant-based, healthy and sustainable versions of favourite dishes.
      • 🐓 Britain’s intensive ‘cheap’ chicken production could lead to the next global pandemic because it has created the perfect environment for zoonotic disease transmission, according to a new report by animal welfare charity Open Cages.
      • 🐖 Impossible Foods’ plant-based pork has gained a coveted spot on the prestigious ‘100 Best Inventions of 2020’ list by Time Magazine, which only adds fuel to the prediction by Future Market Insights that global plant-based pork sales will surge to $10.6Bn by 2030, a nearly nine-fold increase from the 2020 level, or the claim that plant-based and cell-based meat will make up 60% of the total meat market by 2040.
      • 🧫 India’s first cell-based food tech, ClearMeat, is piloting its first product, a cultivated chicken mince, and has already reached price parity with its animal-based equivalent.
      • 🇪🇺 Omnipork is coming to Europe in 2021 after a phenomenal consumer response in Asia, where last month it partnered with McDonald’s in Hong Kong.
      • 🍔 QSR giant Burger King is partnering with Unilever-owned The Vegetarian Butcher to bring its plant-based Rebel Whopper to Dubai, to appeal to the country’s growing flexitarian crowd.
      • 🦞 Singapore food tech Shiok Meats has unveiled the world’s first cell-based lobster meat prototype at a private tasting event held by food incubator Innovate360, as demand for sustainable solutions rises, particularly in Asian markets.

      Source: Shiok Meats

      • 🍝 Santa Monica-based startup Tasty Jungle is launching pasta made from breadfruit. The fruit can also be used like a potato, but has a better nutritional profile, so could be one of the next big ingredients in the plant-based space.
      • 🇿🇼 Nestlé has announced its plans to invest $2.5M in a cereals production line as part of its plant expansion in Zimbabwe, taking its total investment in the country to over $40M in the last decade.
      • 🤝 Tech firms Ynvisible and Innoscentia are partnering to develop an intelligent expiry date label which monitors real-time quality of food, and should reduce food spoilage and food waste when compared to traditional expiry date estimations.
      • 🥖A group of university students from Hong Kong spotted an opportunity to make beer from leftover bread which would otherwise have been wasted, and thus Breer was born. It’s a new brand of craft beer made from loaves collected from local grocery stores and restaurants, reducing food waste in the city and cutting the cost of beer production.
      • 🌎 Arla Foods Ingredients has reportedly cut around 60,000 tonnes of CO2 emissions per year by using energy from biogas from plants which process manure from its farms as well as some of its production waste. Talk about a circular approach!
      • 💸 According to a new report from analysts at Bank of America, Gen Z spending power will overtake that of Millennials by 2031, and will transform the way businesses act and investments are made with their ‘flight-shaming, plant-based and zero alcohol habits’. Youth is no longer wasted on the young!

      Subscribe to This Week In Food:

      Become a FoodHack+ member to get unlimited access

      • Access premium publications
      • Get listed on our directory
      • Join a Global Community

      Subscribe to This Week In Food:

      Weekly Digest

      • Home delivery is booming as more consumers are compelled to stay at home, and Deliveroo has reported double-digit growth in vegan orders globally, with figures at 100%+ in Hong Kong and the UK.
      • 📉 What’s Down: Danone plans to cut up to 2000 jobs as it tries to save nearly $1.2Bn to mitigate the impact of the pandemic on its business model.

      Source: Tofurky

        • 🌱 Swedish giant IKEA is planning to make 50% of its food menu plant-based by 2025, in recognition of growing consumer demand for plant-based, healthy and sustainable versions of favourite dishes.
        • 🐓 Britain’s intensive ‘cheap’ chicken production could lead to the next global pandemic because it has created the perfect environment for zoonotic disease transmission, according to a new report by animal welfare charity Open Cages.
        • 🐖 Impossible Foods’ plant-based pork has gained a coveted spot on the prestigious ‘100 Best Inventions of 2020’ list by Time Magazine, which only adds fuel to the prediction by Future Market Insights that global plant-based pork sales will surge to $10.6Bn by 2030, a nearly nine-fold increase from the 2020 level, or the claim that plant-based and cell-based meat will make up 60% of the total meat market by 2040.
        • 🧫 India’s first cell-based food tech, ClearMeat, is piloting its first product, a cultivated chicken mince, and has already reached price parity with its animal-based equivalent.
        • 🇪🇺 Omnipork is coming to Europe in 2021 after a phenomenal consumer response in Asia, where last month it partnered with McDonald’s in Hong Kong.
        • 🍔 QSR giant Burger King is partnering with Unilever-owned The Vegetarian Butcher to bring its plant-based Rebel Whopper to Dubai, to appeal to the country’s growing flexitarian crowd.
        • 🦞 Singapore food tech Shiok Meats has unveiled the world’s first cell-based lobster meat prototype at a private tasting event held by food incubator Innovate360, as demand for sustainable solutions rises, particularly in Asian markets.

        Source: Shiok Meats

        • 🍝 Santa Monica-based startup Tasty Jungle is launching pasta made from breadfruit. The fruit can also be used like a potato, but has a better nutritional profile, so could be one of the next big ingredients in the plant-based space.
        • 🇿🇼 Nestlé has announced its plans to invest $2.5M in a cereals production line as part of its plant expansion in Zimbabwe, taking its total investment in the country to over $40M in the last decade.
        • 🤝 Tech firms Ynvisible and Innoscentia are partnering to develop an intelligent expiry date label which monitors real-time quality of food, and should reduce food spoilage and food waste when compared to traditional expiry date estimations.
        • 🥖A group of university students from Hong Kong spotted an opportunity to make beer from leftover bread which would otherwise have been wasted, and thus Breer was born. It’s a new brand of craft beer made from loaves collected from local grocery stores and restaurants, reducing food waste in the city and cutting the cost of beer production.
        • 🌎 Arla Foods Ingredients has reportedly cut around 60,000 tonnes of CO2 emissions per year by using energy from biogas from plants which process manure from its farms as well as some of its production waste. Talk about a circular approach!
        • 💸 According to a new report from analysts at Bank of America, Gen Z spending power will overtake that of Millennials by 2031, and will transform the way businesses act and investments are made with their ‘flight-shaming, plant-based and zero alcohol habits’. Youth is no longer wasted on the young!

        Subscribe to This Week In Food:

        Subscribe to This Week In Food:

        Weekly Digest

        • Home delivery is booming as more consumers are compelled to stay at home, and Deliveroo has reported double-digit growth in vegan orders globally, with figures at 100%+ in Hong Kong and the UK.
        • 📉 What’s Down: Danone plans to cut up to 2000 jobs as it tries to save nearly $1.2Bn to mitigate the impact of the pandemic on its business model.

        Source: Tofurky

          • 🌱 Swedish giant IKEA is planning to make 50% of its food menu plant-based by 2025, in recognition of growing consumer demand for plant-based, healthy and sustainable versions of favourite dishes.
          • 🐓 Britain’s intensive ‘cheap’ chicken production could lead to the next global pandemic because it has created the perfect environment for zoonotic disease transmission, according to a new report by animal welfare charity Open Cages.
          • 🐖 Impossible Foods’ plant-based pork has gained a coveted spot on the prestigious ‘100 Best Inventions of 2020’ list by Time Magazine, which only adds fuel to the prediction by Future Market Insights that global plant-based pork sales will surge to $10.6Bn by 2030, a nearly nine-fold increase from the 2020 level, or the claim that plant-based and cell-based meat will make up 60% of the total meat market by 2040.
          • 🧫 India’s first cell-based food tech, ClearMeat, is piloting its first product, a cultivated chicken mince, and has already reached price parity with its animal-based equivalent.
          • 🇪🇺 Omnipork is coming to Europe in 2021 after a phenomenal consumer response in Asia, where last month it partnered with McDonald’s in Hong Kong.
          • 🍔 QSR giant Burger King is partnering with Unilever-owned The Vegetarian Butcher to bring its plant-based Rebel Whopper to Dubai, to appeal to the country’s growing flexitarian crowd.
          • 🦞 Singapore food tech Shiok Meats has unveiled the world’s first cell-based lobster meat prototype at a private tasting event held by food incubator Innovate360, as demand for sustainable solutions rises, particularly in Asian markets.

          Source: Shiok Meats

          • 🍝 Santa Monica-based startup Tasty Jungle is launching pasta made from breadfruit. The fruit can also be used like a potato, but has a better nutritional profile, so could be one of the next big ingredients in the plant-based space.
          • 🇿🇼 Nestlé has announced its plans to invest $2.5M in a cereals production line as part of its plant expansion in Zimbabwe, taking its total investment in the country to over $40M in the last decade.
          • 🤝 Tech firms Ynvisible and Innoscentia are partnering to develop an intelligent expiry date label which monitors real-time quality of food, and should reduce food spoilage and food waste when compared to traditional expiry date estimations.
          • 🥖A group of university students from Hong Kong spotted an opportunity to make beer from leftover bread which would otherwise have been wasted, and thus Breer was born. It’s a new brand of craft beer made from loaves collected from local grocery stores and restaurants, reducing food waste in the city and cutting the cost of beer production.
          • 🌎 Arla Foods Ingredients has reportedly cut around 60,000 tonnes of CO2 emissions per year by using energy from biogas from plants which process manure from its farms as well as some of its production waste. Talk about a circular approach!
          • 💸 According to a new report from analysts at Bank of America, Gen Z spending power will overtake that of Millennials by 2031, and will transform the way businesses act and investments are made with their ‘flight-shaming, plant-based and zero alcohol habits’. Youth is no longer wasted on the young!

          Subscribe to This Week In Food: