The plant-based foods industry needs to change: As the category expands its customer base beyond vegetarians, it needs to cut prices and improve its products.

Kellogg looks to snacks for growth: The CPG company will spin off its weaker cereal and plant-based divisions into separate entities to increase profits and return value to shareholders.

Insider Intelligence spoke with Dorian Morris, founder and CEO of Undefined, a wellness brand focused on providing consumers with plant-based and affordable beauty products.

Meatless filet mignon (Source: Juicy Marbles).

“With the rise of flexitarian consumers, there is a continued surge in the plant-based category,” said Grogan, who cited internal research that showed 93% of new consumers to the plant-based protein market are flexitarians (not exclusively vegetarian). “Trial via food service partnerships at the QSR level allows consumers the opportunity to taste products before purchasing at retail.”. H&M.

After launching in roughly 450 US Whole Foods locations—and partnering with New York City-based Italian restaurant Pomodoro Rosso last year—plant-based meat company Meatless Farm launched its own direct-to-consumer (D2C) site amid the pandemic, as consumer shopping behaviors continue to lean to ecommerce.

Over the past few weeks, online grocery stores and meal kits have seen a stream of orders coming in, not only from existing customers, but also new ones looking to avoid physical stores during the pandemic. Plant-based meal company Splendid Spoon is one of those receiving demand.

“Once TikTok figures out how to monetize the live selling element, it’s going to be a powerful way for brands to reach new customers,” said Dorian Morris, founder and CEO of Undefined, a wellness brand focused on providing consumers with plant-based and affordable beauty products. More In-App Shopping. Marketers can expect TikTok to enter new partnerships with third-party commerce providers.

‘This is what we’ve always needed’: We talk with Delta CleanTech’s Lionel Kambeitz about what Big Tech’s plan to invest $925 million in carbon removal technologies means for his industry.

SoFi aims to become the AWS of banking services: The US neobank plans to acquire cloud-based core-banking provider Technisys and pair it up with banking-as-a-service (BaaS) subsidiary Galileo.

The US is ready for gamified therapy: Video game-based digital therapeutic pioneer Akili is set to go public later this year. We detail why it won’t be the last of its kind to do so as the number of gamers grows in the US.

The UK-based neobank’s founder and CEO Anne Boden outlined plans to offer banking as a service globally in 2022, giving Starling a potential opening into embedded finance.

In one recent example, Taco Bell promoted its plant-based chalupa taco shell on TikTok with a spoof of a taste test (which featured one actor playing all of the roles). It then posted the same video (including the TikTok watermark) to its Instagram Stories.

The dominoes may already have fallen, based on the regulator’s conclusions about the controversial practice and the CFPB’s plans for “regulatory interventions.”

“There is a growing market for plant-based protein products. Consumers are recognizing that plant-based diets are key to addressing climate change and biodiversity loss, which are hot topics in China this year,” Nepstad said. Led by younger generations, China’s fast-rising middle class is also eager to upgrade its standard of living.

Target just added new plant-based products to its Good & Gather grocery brand, helping beef up its overall grocery business and allowing it to capture more market share in the sector, which is expected to reach a value of $1.328 trillion in the US this year, per eMarketer forecasts from Insider Intelligence.

The bank can offer products to a new base of small and medium-sized business (SMB) customers via the insurer’s agents and stay competitive with digital challengers.

Impossible Foods followed up its 2019 introduction of plant-based beef with its new faux pork. The company’s goal is to replace the need for animals in the food chain and make the global food system more sustainable. Hydraloop Systems exhibited its residential water recycling system that cleans and disinfects graywater from showers, baths and washing machines.

One of the most intriguing products this year was Impossible Foods’ introduction of plant-based “pork,” which the company is hoping will help make the global food chain more sustainable. Privacy was also a major theme.

Whether that be ice cream delivery with Unilever or filling a plant-based need with our recent partnership with Beyond Meat, we want to make sure that we're keeping up with the change in consumer trends and demand. Tell us about the work Pizza Hut is doing with its partnerships.

The young are changing the way people could dine out, what's on the menu—including plant-based items—how they interact with restaurants and the rise of third-party delivery.”. The third-party aggregators like Uber Eats, SkipTheDishes and DoorDash are being driven upward by the 18-to-34 segment primarily.