December 5, 2021

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New Culture lands $25 million in seed funding to commercialize its cheesy vegan mozzarella

Led by sales of cheddar and mozzarella, the U.S. cheese market alone was valued at $34.3 billion in 2019, and is projected to reach $45.5 billion by 2027, growing at a compound annual growth rate of of 5.25%, according to Allied Research. By comparison...
Led by sales of cheddar and mozzarella, the U.S. cheese market alone was valued at $34.3 billion in 2019, and is projected to reach $45.5 billion by 2027, growing at a compound annual growth rate of of 5.25%, according to Allied Research. By comparison, the vegan cheese industry is tiny, measuring around $1.2 billion in […]

This news story originally appeared at US Culture News on 22 November 2021