Plant Based & Vegetarian

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Wellness Natural, Inc., a newly created natural plant-based natural foods company headquartered in Toronto, with operations in both US and Canada, announced its new corporate strategy following the acquisition of SimplyProtein® to continue to propel the nutrition-based snack brand in the US and Canada.

AAK, one of the world’s leading manufacturers of value-adding specialty vegetable fats and oils, recently shared news a Plant-based Foods Global Center of Excellence will be established on the company’s premises in Zaandijk, the Netherlands.

Califia Farms,® an independently-owned, plant-based food and beverage company, announced national distribution for its new Plant Butters. The plant-based alternative to dairy butter is the first product outside the company's current beverage portfolio of plant-based milk, creamers, drinkable yogurts and cold brew coffee. Plant Butters are now available nationally at Whole Foods Market, Kroger, Stop & Shop, Target and other natural and major retailers.

Franklin Farms™, a division of Keystone Natural Holdings, entered a new partnership with Purple Carrot, the 100% plant-based meal kit company. As a prominent consumer brand and leading supplier of high-quality meatless offerings, Franklin Farms brings more than 20 years of expertise in plant-based protein foods and innovation to Purple Carrot’s meal kit offerings. 

Malt Products Corporation (MPC), a manufacturer of malted barley extract and other natural, nutritious sweeteners, has recently experienced a surge in demand for its OatRite™ oat extract as an attractive sweetener for the burgeoning oat milk market. 

Consumer enthusiasm for plant-based foods continues to grow unabated. This is also affecting the beverage market. Market research company Persistence Market Research (PMR) predicts annual growth rates exceeding 6% for plant-based drinks through 2028. 

Consumer demand for ready-to-cook plant-based meat alternatives is pushing brands to go beyond traditional freezer offerings into convenient, refrigerated products. Retail sales of plant-based meat alternatives reflect a shift happening in a dynamic category, as consumers bypass frozen products in favor of refrigerated ones.