Zhengbang Group

Faux Meat Gobbling Up the Food Market - Run out of the Steam or Future Looking?

From mush to meat, edible alternatives are ripping the protein industry apart from traditional livestock feeding and animal byproducts. Commercially manufactured and processed plant-based meat alternatives are created to mimic the texture and taste of real meat with some of the heavyweights like Beyond Meat and Impossible Food around the world. Developing from non-animal sources, plant-based meat alternatives open a new door in the nation of gourmets China.

Diary Giant Yili Group Creates a New Incubation Program for Pet Food

Recently, Yili Group disclosed that one of its new incubation programs “one-on-one” focuses on selling customized pet food in China.

Dada Achieved a Total Revenue of CNY 2 billion for Q1 2022, Up 74% Year-over-Year

On May 16, China’s leading platform for local on-demand retail and delivery Dada Nexus Limited released its financial report for the first quarter of 2022.

Hong Kong Dessert Giant Has Merged with Tea Buds and Tackled a Strategic Financing Round

On May 7, the Hong Kong-based dessert company Honeymoon Dessert (满记甜品) announced that it has merged with Tea Buds.

Growing Demand for Imported Food in China — Flesh Out Challenges and Opportunities

Over centuries, people are on the hunt for good foods as a fundamental consumer staple around the world. With access to a variety of nutritious food, the global food system inevitably reduces malnutrition in different countries, with a huge leap in agricultural productivity and international trade. Imported food from foreign countries seems like an unavoidable option to reverse the monotonous biodiversity and growing problem with pests and diseases.