Starbucks launches Impossible Foods Breakfast Sandwich as appetite for plant-based meat grows
, makes meat, dairy and fish products from its patented plant-based ingredients that have been backed by celebrities like Katy Perry and Serena Williams, but Impossible Foods CFO David Lee told CNBC it's trying to position itself away from the plant-based movement so often associated with a niche food industry.
Lee said 9 out of 10 Impossible buyers are traditional meat eaters, bolstered by recent events like the meat shortages from the Covid-19 pandemic and a recent expansion into 1,000 grocery stores. It also boasted a fresh round of $500 million, making its valuation at approximately $1.3 billion. While the restaurant business has been hurt, it hasn't been as bad as the restaurant industry overall, Impossible Foods said. It also began a direct-to-consumer channel, for direct shipment amid the pandemic.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
The World’s Largest Meat Seller Embraces Plant-Based Proteins As Pandemic Demand SurgesFears over meat supply shortages led to a new round of panic-buying this spring. But for upstarts like Beyond Meat and Impossible Foods, it became the ultimate test: If these proteins couldn’t prove themselves with consumers at such a crucial time, when could they?
Weiterlesen »
If you're firing up the grill this Father's Day, avoid these recalled meats and veggiesFrom meats to vegetables, US health officials are warning people to avoid some foods for various reasons, including E. coli and lack of inspection.
Weiterlesen »
China Halts Some Tyson Chicken Shipments Over Covid-19China's suspension on chicken imports from a Tyson Foods facility came after the company said 481 employees across its northwest Arkansas operations had tested positive for the coronavirus since early June
Weiterlesen »
Germany’s coronavirus reproduction rate soars after outbreak at meat processing plantThe reproduction number of the coronavirus, also called the R-number, stands at 2.88 in Germany. German Chancellor Angela Merkel has repeatedly warned that the country must keep the R-number below 1 to contain the disease.
Weiterlesen »
China suspends poultry imports from Tyson Foods after coronavirus cases at Arkansas plantChina said Sunday that it has suspended poultry imports from a Tyson Foods facility where hundreds have tested positive for the coronavirus.
Weiterlesen »