News – Page 23
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Itsu launches ‘game-changing’ frozen sweet bao buns
Two vegan variants – Chocolate and Salted Caramel – have rolled out to Tesco stores
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Nestlé to pull ‘not viable’ plant-based brands Wunda and Garden Gourmet
The two brands, plus Nestlé’s Middle East-inspired Mezeast range, will disappear from supermarket shelves in Q2
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Oatly shares surge on profitability promises and better end to 2022 than expected
Shares in Oatly have surged thanks to better-than-expected annual figures, promises of a future profit and $425m of new financing. CEO Toni Petersson said the group was ”well-positioned to start playing offence in 2023”.
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Squeaky Bean makes frozen debut with ‘chicken-style’ pieces
‘This range is just the start of an exciting pipeline of NPD, as we aim to continue to innovate and expand into new categories,’ said Squeaky Bean
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Quorn launches first meat free pie to feed the whole family
The pie (rsp: £4/ 680g) will be available from 26 March in Sainsbury’s
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Over £5k raised for Thea Brook following brain haemorrhage
Brook has faced a ‘serious financial challenge at a time when her health needs to be the only concern’, said Nix & Kix CEO Julia Kessler
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This raises £15m in series B funding round to fuel ongoing rapid growth
Meat alternatives brands This has closed a £15m funding round as it seeks to maintain rapid growth.
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Candy Kittens debuts first ‘truly sour’ sweets Shox
Shox pouches contain a mixture of sour apple and sour strawberry-flavoured gummies
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Heura sales boom as it grows UK distribution for plant-based brand
In 2020 just 6% of sales occurred outside of Spain, while this number hit 12% in 2021 and 23% in 2022.
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Applewood launches its first vegan cheese snacks in Morrisons
The Applewood Vegan minis format will be available in Morrisons from 27 March
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Plantastic adds trio of creamy plant-based pasta sauces
The ‘creamy, quick and versatile’ sauces contain no artificial colours or preservatives and provide one of the recommended 5 a day per half jar
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UK cultivated meat investments jump fivefold in 2022
Analysis of PitchBook data found UK cultivated meat companies enjoyed £61m of new funding in 2022
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Huel rapped by ASA over ‘misleading’ money-saving claims
The watchdog investigated two separate issues raised with a paid-for Facebook ad and a page on the brand’s website
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The Collective secures new Planet Organic listing for plant-based offering
The brand’s gourmet pots in both big and small formats and its Suckies yoghurt pouches for children will be available in 13 Planet Organic stores from March
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City snapshot: Kellogg’s scraps sale of MorningStar Farms amid falling plant-based valuations
Kellogg’s has scrapped plans to spin off or sell its plant-based division MorningStar Farms amid a plunge in the valuation of competitors in the sector
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Starburst to make non-HFSS debut with Fruit Squares sweets duo
The NPD (rsp: £1/25g) is made with 80% concentrated apple purée
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Finnebrogue and Mash Direct team up to support employees with cost of living crisis
The two companies have agreed to produce food bundles for their workforces, comprising a balance of veg-based and protein-based products
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Veganuary continues to boom as latest year breaks sign-up records
Celebrities have continued to be involved in the campaign, with Peter Andre and Diane Morgan, aka Philomena Cunk, among others involved this year
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Pladis adds Wholistic snack bar duo under Go Ahead brand
The bars would ‘boost relevancy of the healthier snacking category among younger consumers’, said Pladis
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Plant-based chocolate maker Hip unveils sharing pouch trio
It has added Caramel Crunch Peanuts, Peanut Butter Truffle Bites and Creamy & Smooth Buttons