08 February 2024
08 February 2024
Just Food presents a guide to the prominent companies developing cell-cultivated meat, seafood and dairy products.
Underlying sales growth for the category was up 2.3% year-on-year, but volumes fell 6%.
Further upside is expected as the US protein business seeks to boost household penetration rates.
The Canada-headquartered nutrition-focused business attracted backing last year from chef and restaurateur Gordon Ramsay.
Former chief executive John Jordan left the company to head US-based private equity firm Arbor Investments.
Creations said the deal fits in with its strategy of building a portfolio of healthier snack brands.
Cargill already supplies Ahold Delhaize stores in the north east of the US.
The plant in north Nicaragua produces Prolacsa dairy products.
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