Report: Plant Based Snacks Market Worth $40 Billion, Will Double By 2029

A new report by Data Bridge Market Research has found that the plant-based snacks market is worth over $40 billion, but will roughly double within seven years.

Plant Based Snacks MarketThe report analyses that the plant based snacks market was valued at $40.96 billion in 2021 and is expected to reach $79.60 billion by 2029, registering a compound annual growth rate of 8.66 % during the forecast period of 2022 to 2029.

The key drivers of this growth, according to Data Bridge, include an “increasing shift of the consumers towards the veganism”, as well as” increasing health consciousness among consumers”.
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Vegan Bacon to Become Permanent Option At All UK Burger Kings

UK Burger Kings will begin offering vegan bacon at all of its locations starting January 4th to coincide with Veganuary.

La Vie Foods has announced it has sealed an exclusive partnership with Burger King UK to offer their award-winning vegan bacon across the country starting 4th January. The timing of the release purposefully coincides with Veganuary, which is meant to promote vegan awareness.

The announcement comes after Burger King saw “massive success” offering the vegan bacon at meat-free popups in Bristol and London.
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For First Time Air Canada Will Offer Vegan Meals, Snacks and Desserts on Their Menu

Canada’s largest airline Air Canada has announced its first-ever offering of vegan meals, snacks and desserts on their in-flight menu.

Spiced Chickpea Wrap.

Spiced Chickpea Wrap.

The new items will be available to Economy Class passengers traveling within North America or to the Caribbean. Although Air Canada has offered some limited vegan items in the past, it was only by request and not part of the airline’s menu.

Items include a Spiced Chickpea Wrap, which is “A mixture of chickpeas, quinoa, carrots, spinach, tomato, and cilantro served in a whole wheat flatbread.” Another option is Wild Rice Superfood Salad, described as “A wild and brown rice salad filled with edamame, sweet corn, red pepper, dried cranberries, and pumpkin seeds, tossed with a raspberry citrus vinaigrette.”
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Makers of Plant-Based Lamb Raise $12.3 million to Expand Operations

Food technology startup Black Sheep Foods has raised $12.3 million in a Series A funding round to scale production of plant-based meat alternatives.

The company has raised a total of $18.05 million since its founding in 2019, with this new round of funding being by far their biggest boost yet.

According to a press release, Black Sheep Foods “has developed a proprietary process to reconstruct the flavors of animal meat using plant materials. The team uses patent-pending technology to isolate the flavor molecules of animal meat, identify the same molecules in plants and reconstruct the depth of meat flavor and mouthfeel.”
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Study: Vegan Protein Sources Associated with Better Health Outcomes Than Animal-Based Protein

The consumption of vegetable protein sources “is associated with better health outcomes overall (namely, on the cardiovascular system) than animal-based product use”, according to a new study published by the journal Nutrients.

The study, which was also epublished on the National Institute of Health’s website, was conducted by researchers at the University of Padova in Italy. The full text of the study can be found by clicking here.

In this scoping review, researchers “compare animal- and plant-based protein sources in terms of their effects on human health and the environment.” In doing so, they conclude that “the consumption of vegetable protein sources is associated with better health outcomes overall (namely, on the cardiovascular system) than animal-based product use.”
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Odd Burger to Open 50 New Locations in the U.S. and Europe

Odd Burger Corporation, one of the world’s first vegan fast-food chains and the first to go public, today announced a plan to develop 50 new Odd Burger restaurant locations in the State of Florida and in the combined territory of GermanySwitzerland and Austria (the region of “DACH”) over a period of 8 years.

In a press release the Odd Burger Corporation that it officially entered into a Letter of Intent (LOI) with Franchise Investment AG and its parent venture capital division, Angelpreneur AG (collectively the “Developers”) to develop the new locations.

The Developers “are a Swiss-based franchise and investment firm with over 25 years of franchise experience and over 40 experts and investors on their team.” The group is led by Farshad Abbaszadeh, who founded German Donar Kebab (GDK) in 2012, which currently operates 100 locations in the UK, EuropeNorth America and the Middle East.
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Top 10 Vegan and Plant-Based Studies of 2022

2022 has been a great year for vegan science, but some studies stand out among the rest.

With it being such a great year for vegan and plant-based science, it was a challenge to narrow it down to the top 10 most important and impactful studies of 2022.

However, that’s exactly what we’ve done, in addition to listing a few honorable mentions that didn’t quite make the top 10, but were close to doing so.

Below is our list of the Top 10 Vegan and Plant-Based Studies of 2022 (click on the titles for more information):

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Victoria’s Secret Announces Ban on Animal-Based Cashmere

Apparel company Victoria’s Secret & Co has announced that they have placed a ban on the selling of animal-based cashmere at all of its locations

The ban applies to both Victoria’s Secret locations as well as their PINK stores and PINK-branded products, and it covers all of their worldwide locations in over 60 countries.

“Victoria’s Secret’s decision is a win for the countless gentle goats who will be spared the agonizing ordeal of someone ripping their hair out,” says Tracy Reiman, PETA’s executive vice president said in a statement.  “PETA asks everyone to help goats keep their hair by choosing vegan fabrics, which aren’t produced by condemning animals to a lifetime of suffering.”
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