Close×

The plant-based meat market is expected to grow by 28 per cent and reach US$85 billion by 2030. At the Food & Drink Business + PKN LIVE breakfast forum on 11 October, The Alternative Meat Co’s Cameron Prowse will share what it takes for a company to behave bravely in a burgeoning market.

Brands Behaving Bravely is the theme of this year’s Food & Drink Business + PKN LIVE breakfast forum

Food & Drink Business caught up with Prowse this week to sample the company’s plant-based meat pattie at Sydney’s iconic burger joint, Bar Luca. 

Prowse said all AltMeatCo’s products are locally made and 100 per cent plant-based, using pea protein, soy, functional products and beetroot. They are high in protein, vegan friendly and free from preservatives, artificial colours, flavours, GMOs and palm oil. Recyclable packaging is used for all of its products.

“There are three drivers for consumers consuming more plant based – environmental concerns, animal welfare and health and wellbeing. When we started the business, we looked at the data around plant-based foods and saw it was a game changer. Most people saw it as a fad, but these three drivers aren’t going away,” Prowse said. 

If a brand is going to capitalise on a growing market, it has to be flexible, think creatively and go the extra mile for customers, he said. 

Also joining the panel discussion on what it means to be a brave band are: Teresa Cutter (The Healthy Chef), Natalie Moubarak (+Hemp) and Nicole Ohm (Brownes Dairy) and Michael McNulty, country manager Australia/New Zealand for Blue Diamond Growers, owner of Almond Breeze. 

The event, which includes a full sit-down breakfast, will take place at the Arts Centre, Melbourne CBD, from 7.30am - 11.00am on 11 October.

Early bird tickets are on sale here

Coverage of last year's event can be found here

 

Packaging News

In a collaborative effort, Kimberly-Clark Australia and Woolworths have successfully completed a packaging trial aimed at eliminating the use of secondary plastic packaging for Viva paper towels.

Sustainable packaging achievements were recognised at the APCO Annual Awards in Sydney last night. The event celebrated organisations, and individuals, driving change towards the 2025 National Packaging Targets and beyond. PKN was there.

Adamantem Capital is bidding to acquire Close the Loop Group. The board has recommended the offer, and is realigning itself, with CEO Joe Foster stepping down from the board, as are the chairman and CFO. Foster will become chief operating officer at the company.