Nestle USA buys into the booming Plant-Based protein market acquiring Sweet Earth Foods

Picture of Sweet Earth foods.

7th September 2017 – Nestle USA announced it is buying Sweet Earth, the plant-based foods manufacturer headquartered in Moss Landing, California.

In its Press Release, Nestle recognised the growth of the Plant-Based food sector: “The acquisition gives Nestlé immediate entry into the plant-based foods segment, which is growing by double digits and expected to become a $5 billion market by 2020.”

Nestle USA Press release here.