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UK plant-based companies have struggled in 2023, with three businesses being acquired out of administration.

The appointment of the new board members, who will share core responsibilities, was confirmed at the annual general meeting in December 2023.

J.A. Kirsch provides more than 100 active SKUs specializing in canned seafood and shelf-stable products.

Stephen Zujkowski has been added to the executive team.

The global CPG market size is anticipated to hit around $3,171.11 billion by 2032 increasing from $2,132.1 billion in 2022, growing at a CAGR of 4.1% between 2023 and 2032.

Eligible products must have been on store shelves between January 1 - December 31, 2023.

The vegan baking mix market is forecasted to grow to $1.68 billion in 2033.

New COO, CHRO, senior vice presidents and vice presidents assume roles this month.

Growing instances of tech-driven innovations to match the burgeoning end-user requirements for packaged food will drive the market growth.

This was co-led by Catalyst Investors and Translink Capital, along with existing investors S2G Ventures, Toyota Ventures, F-Prime Capital, and the Cibus Capital LLP.