Image Credit: The Spoon
Every week we track the business, tech and investment trends in CPG, retail, restaurants, agriculture, cooking and health, so you don’t have to. Here are some of this week’s top headlines.
Recent findings have taken the food industry by surprise, unveiling a stark reality about cultivated meat’s environmental footprint. Contrary to initial expectations, cultivated meat has the potential to generate anywhere from four to twenty-five times more carbon dioxide emissions. Meanwhile, another industry revelation comes to light, as Bloomberg highlights the fading presence of ghost kitchens, once hailed as the future of food delivery. These delivery-only establishments have lost their appeal and viability as a sustainable business model, transitioning from a pandemic-era trend to an uncertain future.
In other news, we’ve wrapped the first season of our podcast in partnership with AgFunder: New Food Order, a nuanced investigation into the business of tackling our climate and social crises through food and agriculture. Read all about why we launched the podcast, and be sure to subscribe and share!
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A new life cycle analysis revealed that cultivated meat could produce anywhere from 4 to 25 times more CO2 than traditionally produced beef.
Delivery-only restaurants are turning out to be more a thing of quarantine folklore than a reliable business.
The announcement follows Cocuus’ 2022 €2.5m in a Pre-Series A funding round led by Cargill last summer.
Ecorobotix offers weeding and crop protection via its “high-precision sprayer” for targeted herbicide, fungicide and pesticide application.
The startup’s technology uses koji mycelium to mimic the microscopic texture of meat. It currently offers alternative deli meats across the San Francisco Bay Area.
The decision could result in a patchwork of laws that are likely to make national meat producers very uncomfortable.
The category saw a 4.3% increase last year to $61.7b in sales, which the Organic Trade Association said indicates a continued interest from consumers despite economic volatility.
Pairwise’s consumer brand also plans to launch its Purple Power Baby Greens Blend at grocery stores later this year.
The fast food chain has customized a language model with terms like ‘JBC’ for junior bacon cheeseburger and ‘biggie bags’ for meal combos.