The global dairy alternatives market size is expected to reach USD 66.9 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 12.5% from 2022 to 2030. The rise in the demand for plant-based alternatives and changing consumer diets utilizing milk alternatives are driving the demand for dairy alternatives. The increasing occurrence of milk allergies or cases of lactose intolerance is expected to drive the market further. People with lactose intolerance are increasingly opting for milk alternatives, which has made beverages manufacturers adopt dairy alternatives to appeal to the respective consumer base, thus propelling the demand for dairy alternatives further.
The Very Good Food Company Inc., is pleased to announce it has increased retail distribution across Canada with Loblaw Companies (“Loblaw“). The Company’s products are now available in more than 2,000 stores across North America with additional retail expansion forecasted for Summer 2022.
Eat Beyond Global Holdings acquires all of the issued and outstanding common shares of Mylk Brands.
<b>Eat Beyond</b> Portfolio Company <b>TurtleTree</b> Attracts Leading Cellular Bioprocessing Scientist
Eat Beyond Global Holdings Inc., an investment issuer focused on the global plant-based and alternative food sector, announced that its portfolio company TurtleTree has named Dr. Aletta Schnitzler its Chief Scientific Officer. Dr. Schnitzler has nearly 25 years of academic and professional experience in laboratory science research and development, including specialized experience in cellular bioprocessing.
<b>Eat Beyond</b> Signs Letter of Intent to Acquire Non-Dairy Milk Alternative Company – <b>Banana Wave</b>
VANCOUVER, BC, Nov. 19, 2021 – Eat Beyond Global Holdings Inc., an investment issuer focused on the global plant-based and alternative protein sector is pleased to announce that it has entered into a Letter of Intent, dated effective October 18, 2021, to acquire all of the outstanding share capital of Mylk Brands Inc., a British Columbia corporation, and indirectly acquire Mylk’s wholly-owned subsidiary Fresh Start Beverage Company d/b/a Banana Wave, a Florida corporation.
Banana Wave is based in Boca Raton, Florida. Banana Wave’s beverages are made from fiber-rich oats and real bananas. They are available in five different flavors: original, unsweetened original, mango, chocolate, and strawberry. All varieties are gluten-free, soy-free, and non-GMO with 90 calories or fewer, and contain vitamin b, potassium, fiber, and protein.
Eat Beyond Global Holdings, an investment issuer focused on the global plant-based and alternative food sector, is announcing that it has completed an investment in Beyond Moo Foods .
Beyond Moo offers a full line of oat-based dairy alternatives including yogurt, kefir, spreads (cream cheese), and butter. All of the products are free of dairy, gluten, nuts, soy, preservatives, and artificial flavours.
<b>Eat Beyond</b> Portfolio Company <b>Nabati Foods</b> has Commenced Trading on the Canadian Securities Exchange
VANCOUVER, BC, Oct. 7, 2021 /CNW/ – Eat Beyond Global Holdings Inc. , an investment issuer focused on the global plant-based and alternative food sector, announced that its portfolio company Nabati Foods Global Inc. has now received approval to list its common shares on the Canadian Securities Exchange . The Common Shares commenced trading on the CSE on October 4, 2021, under the symbol “MEAL.”
Nabati Foods is a food technology company offering whole, natural, plant-based, gluten and soy-free foods for health-conscious consumers. All of Nabati Foods’ products are certified gluten-free, dairy-free, egg-free, refined sugar-free, all-natural (non-GMO), certified kosher and certified vegan.
VANCOUVER, BC, Sept. 23, 2021 – Eat Beyond Global Holdings Inc., an investment issuer focused on the global plant-based and alternative protein sector, is announcing that its portfolio company Eat Just’s GOOD Meat division has completed a US$97 million financing.
This follows its recently announced plans to build a commercial facility for GOOD Meat in Qatar, and there are also plans to add a protein processing facility for JUST Egg, the company’s plant-based egg division.
<b>Eat Beyond</b> Portfolio Company Nabati Foods Launches Plant-Based Liquid Eggs in the U.S. and Canada
Eat Beyond Global Holdings Inc. an investment issuer focused on the global plant-based and alternative food sector, is announcing that its portfolio company Nabati Foods Global Inc. has launched its plant-based liquid egg product in the United States and Canada.
Nabati Plant Eggz™ are a plant-based liquid egg product designed to mimic the consistency, taste, and texture of chicken eggs. They are made using lupin and pea protein and free of all of the most common allergens. Unlike other plant-based liquid eggs, they are both soy-free and gluten-free.
VANCOUVER, BC, July 28, 2021 /CNW/ – Eat Beyond Global Holdings Inc., an investment issuer focused on the global plant-based and alternative food sector, is announcing that its portfolio company Nabati Foods Global Inc. has patented its new plant-based liquid egg product, Nabati Plant Eggz, in Canada, the United States, and Australia, and is in the process of filing in Europe, and China as well.
The healthy, liquid egg alternative is made from lupin and pea protein to mimic the consistency and texture of conventional chicken eggs. Nabati Plant Eggz are designed to be an easy substitute for traditional eggs in dishes such as omelettes and scrambled eggs.