Alternative Protein

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This new offering is now available in Chocolate and Vanilla.

The new products are available in the freezer sections of grocery stores nationwide, including Walmart and Kroger.

Health concerns, taste, texture and pricing were cited as influences in the shift between plant-based and animal-based shoppers.

The new system is designed to eliminate barriers faced by current cultivated meat approaches that rely on enormous bioreactors infeasible for scalable animal cell cultivation.

The capital deployment in Israel and Singapore is designed to support scale-up in key markets.

The product is the latest addition to the company’s award-winning Benecel MX portfolio for plant-based protein food formulations.

The company upcycles food waste to grow mycelium protein.

It is estimated to grow at a CAGR of 12.7% from 2022 to 2028.

The fully integrated, resource-efficient manufacturing operation is expected to cultivate Meati at an annual rate of tens of millions of pounds by late 2023.

Several of the new systems are powered by EverPro, a barley protein that dissolves almost instantly into beverages.