Outcast Foods start-up online sales increased by 3.872%
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Start of plant-based food technology Banned foods, which turns unappealing products into nutrient-dense foods and markets itself as “ the world’s leading sustainable supplement company, ” saw huge online sales growth year-over-year, which they attribute to the growing consumer interest in reducing food waste and shopping with sustainability in mind.
Outcast Foods based in Canada takes “unsuitable” products such as peas, rice, pumpkins, beets, blueberries grocers, farmers, food producers and manufacturers and transforms them into vegan and sustainable products for consumers.
Plant-based products, which include gluten-free protein powders, green superfood powders and vitamins available in a variety of flavors such as mint chocolate chips and lemon meringue pie, have been developed in an effort to reduce the amount of waste that goes to landfills. In addition, its ingredients are used by other consumer packaged goods (CPG) companies with the goal of “building a strong and resilient food economy,” as the company states.
Over the past year, Outcast has reported a dramatic increase in direct-to-consumer sales only on its website, registering four-digit annual growth.
In a press release seen by Green queenOutcast Foods CEO and co-founder Darren Burke said the company aims to educate the public about the potential of recycled food not only for its own use, but for the benefit of the planet as well. “Everyone wants to play their part in the fight against climate change, what we have done with Outcast Foods has made it easy and delicious to have a positive impact.”
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Currently, the company is using its patent-pending technology to launch new products, increase processing capabilities, find new sources of surplus production, and expand its recycled ingredients to other companies that would be interested in the sustainability movement.
Everyone wants to play their part in the fight against climate change, what we have done with Outcast Foods has made it easy and delicious to have a positive impact
Darren Burke, CEO and Co-Founder of Outcast Foods
According to the UN., about $ 400 billion worth of food goes to waste before it even reaches stores and, on average, a single individual in the United States wastes a pound of food every day. Another report pointed out that the recycled food industry is worth 46.7 billion US dollars in 2019 alone while another report showed that supplements industry is estimated at US $ 216 billion by 2026.
Elsewhere, UK-based Nutrapharma is working with a similar food waste solution in which it develops protein powder from excess vegetables and fruit, calling it a ‘farm traceability’ process. to the capsule, ” the company claiming that its protein powders are higher in protein than traditional whey protein powders.
In addition, several companies are working with recycled ingredients to make other types of products, such as another Canadian company Chinova Bioworks which works with recycled mushroom stems that can be used as a natural preservative accelerates their production capacities to create a cleaner label. foodstuffs. Agrosingularity, which works on the supply of recycled natural ingredients for the food industry, has closed a funding round of 1.07 M € (approximately 1.2 M $ US) to accelerate its production.
Would you like to try out some coffee-based sneakers? Finnish company Rens Original does just that by taking your discarded coffee and turning it into sustainable sneakers. Even retail giants are jumping on this trend like Kroger, for example, has announced that it will invest US $ 2.5 million to support companies working in this area to avoid unnecessary food waste.
Main image provided by Outcast Foods.