For a year now, I and my wife had not visited fast food outlets and steakhouses in my town, Seremban, Negeri Sembilan Malaysia. I eat also a lot noodle-based dishes, such as Mee Kari and Mee Laksa, two popular Malaysian dishes. I ask for the ingredients to contain lots of vegetables and fishballs. I also […]
Beyond Meat Inc., covered in our blog, went where no company in the US had gone in more than a decade as its shares nearly tripled on their first day of listing on NASDAQ last Thursday. The pre-IPO price of US$25 per share opened at US$46 per share, closing the day at US$67.75 per share. […]
The founder of plant-based meat company Impossible Foods Inc., Prof. Pat Brown, is a 64-year old who stands out among that many young founders of billion-dollar start-ups in Silicon Valley, California, US. What he lacks in youth, he makes it up for an ambition. Instead of just changing the world, Prof. Brown intends to save […]
In the Lex Column of the Financial Times on 3rd, April 2019, we noted an interesting article. It highlighted that growing numbers of vegetarians mean big food groups are keen to invest in plant-based substitutes for meat. Start-ups are ahead in the race to produce alternatives that look and taste like the real meat stuff. […]
The US Plant Based Food Association (PBFA) reported growing consumer interest in vegan alternatives to traditional foods. Plant-based meat had reached sales of US$670 million in 2017, showing that plant-based food industry has gone from a relatively niche market to fully mainstream. PBFA also adds that plant-based meat and dairy alternatives are not just for […]
A good indicator whether a niche market has become mainstream is to look at the merger and acquisition activities. In the last few years, major food companies have acquired growing companies in the meat alternative sector. According to livekindly.com, in 2016, there were just four global plant-based acquisitions, whereas there were seventeen in 2017.Some notable […]