Weekender: What's behind the slowdown in plant-based meat sales?

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TRENDLINE What Brands to Watch in the Beverage/Alcohol Space Discover the latest trends driving the alcohol and beverage space as well as how major brands like Coca-Cola are responding in this new Trendline.   What's behind the slowdown in plant-based meat sales? With major companies posting lower-than-expected revenues, the once-hot sector is looking less appealing to investors. Three analysts give their take on what happened and the segment's future. Impossible Foods raises $500M, bringing its lifetime funding to more than $2B The company, which says it is the fastest growing in plant-based meat, plans to use the money to accelerate its expansion in the U.S. and abroad. Monster Beverage exploring deal with Constellation Brands, Bloomberg reports The exact type of transaction between the energy drink maker and the Corona brewer, whether it involves a merger or a specific asset, is uncertain, the news service said. Sponsored Content by Univar Solutions Change your diet and stay healthy with plant-based foods Plant-based diets are changing the future of food. Explore nature-inspired formulas and recipes with sustainable ingredients that are better for you and better for the planet. Mondelēz to spend $123M on Virginia location expansion The investment will fund construction of a new sales fulfillment center and the installation of a high-speed Oreo production line. Fresh fruit and vegetable supply threatened by rising disruptions Producers are confronting higher costs, fertilizer shortages and inconsistent deliveries. In some cases, it's leading to food spoilage. 5 Major Challenges in Product Development Discover how scientists are using familiar, proven ingredients to address today’s food formulation complexities and meet consumer demands in this playbook. Learn More From Our Library Playbook 4 product breakthroughs to meet your most complex food formulation needs https://resources.industrydive.com/formulating-challenges-can-be-simplified?utm_source=FD&utm_medium=Library&utm_campaign=Ajinomoto View all resources Best of What We're Reading Bloomberg Vegan Turkey Has a Big Thanksgiving Ahead as Inflation Hits U.S. Meat Prices CNBC Glass bottle shortages pressure wine and spirits companies Civil Eats Could a Rapid Test For Antibiotics Bring Transparency to the Meat Supply Chain? Marketing Dive Cheetos turns iconic orange dust into art exhibit with latest musical tie-up Reuters U.S. Senator Warren calls for probe of soaring poultry prices Wall Street Journal J.M. Smucker Reports Higher Sales Amid Price Increases Suggest a story we should read Dive Into a Topic Finances and Deals Food Tech Manufacturing Ingredients Corporate Operations Packaging / Labeling Policy Meat / Protein Beverages Sustainability Share Food Dive: Daily Dive with others and get rewarded. You've referred 0 readers. To become an official Dive Insider, just successfully refer 10 contacts to Food Dive: Daily Dive. Here's your link to share: https://www.fooddive.com/signup/insiders/?signup_referred_by=5f93078d7aa51972095c9316

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