Innovation and Inflation: The Dual Forces Shaping Plant-Based Milk

Milk alternatives continue to hold the largest share of the plant-based category as steady innovation attracts a broader group of consumers. But inflation remains a challenge and some varieties of plant-based milk are facing heightened scrutiny related to taste and nutritional value.

New FI Spotlight

From championing diversity and inclusion to advocating for robusta, the top coffee bean grown in Vietnam, Nguyen Coffee Supply has been disrupting coffee culture since the company was founded in 2018.

Get CEO Sahra Nguyen's take on the current coffee economy. Watch Here 

Industry News

Competitive hot-dog-eating great Joey Chestnut joined forces with Impossible Foods and he’s been banned from the Nathan’s Famous Fourth of July event as a result, reported MarketWatch. Full Story  

FI News Review: From creative flavor combinations to the rising popularity of international cuisine, it's clear that consumers want an experience. What are the current trends? Watch Here  

New research on the health effects of ultra-processed, plant-based foods is attracting global attention. But media coverage has focused on a tiny aspect of it—fake meat—which is misleading, reported The Conversation. Full Story  

Tender has nabbed a fast-food chain contract and another $11M in funding. The startup develops plant-based meat, including beef short rib, pulled pork, chicken breast, and crab, reported TechCrunch. Full Story 

New Podcast: Special guest host and FI advisor Pat Mulhern spoke with DOT Foods president George Eversman about his career journey, workforce management strategies, and supply chain logistics for the foodservice distribution industry. Listen Here 

Canada currently leads investment in alt-proteins, while Asia remains a region to watch. Public funding in the sector reached $523 million last year, though that represented a 12.6% decline from 2022, reported Green Queen. Full Story

New From NRA

Joel Kline, Head of Sales for Nestlé Professional Solutions, discusses how the company's beverage sector leverages drink trends, from providing premium options on iced and cold beverages to tailoring solutions to fit every operational environment. Watch Here 

Plant-Based Premiere: New Product News

JUST Egg has introduced the newest version of its mung bean-based egg, marking the biggest single jump in flavor, texture, and functionality since the product's launch in 2019. Full Story  

Mazars USA LLP

Mazars in the U.S. provides food and beverage companies with the specialized expertise required to compete and grow in this dynamic industry environment. The more than 200 leading food and beverage manufacturers, distributors, restaurants and importers who call us their trusted advisors are a testament to our deep market knowledge and global capabilities. We offer integrated services across audit, advisory, tax and consulting solutions to maximize results.

To learn more about this FI Member, please visit: Mazars Food & Beverage Practice, email: Kristen Walters Kristen.Walters@MazarsUSA.com.

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