The surge in veganism and the growing preference for plant-based foods worldwide are among the primary drivers propelling the global plant-based cheese market forward.
Spearheading this latest funding effort are SPI fund (Sociétés de Projets Industriels) and French Tech Seed, both managed by Bpifrance (Banque Publique d'Investissement) on behalf of the French government. Astanor Ventures, Redalpine, Newfund, and VERSO Capital also joined in this round.
Rolling out at retailers nationwide this year, Vitalite is a new brand of plant-based, vegan-certified, dairy-free cheese from Saputo Dairy USA. Vitalite is available in six varieties: Plant-Based Mozzarella Style Slices, Plant-Based Mozzarella Style Shreds, Plant-Based Cheddar Style Slices, Plant-Based Cheddar Style Shreds, Plant-Based Grated Parmesan Style, and Plant-Based Creamy Original Spread.