Hungry Planet® Announces Partnership with Post Holdings
January 25, 2021 at 10:09 pm IST
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Hungry Planet® Inc. announced a partnership with Post Holdings, Inc. In this new partnership, Hungry Planet will work closely with Post's Foodservice and Retail units to expand the distribution of Hungry Planet's range of plant-based meats to address the rapidly growing demand for alternative protein solutions across all meal occasions. Hungry Planet produces a full range of chef-crafted plant-based meats that match the taste and texture of conventional meat, and are the first to offer a superior nutritional profile. These proteins provide a sustainable alternative to traditional meat products. Based in St. Louis, Hungry Planet meats are distributed throughout the United States via foodservice, restaurants, grocery stores and ecommerce. In parallel with the partnership, Post Holdings is also making a financial investment in Hungry Planet to support the company's rapid growth. The Hungry Planet partnership is Post's second announcement in the sustainable food product category.
Post Holdings, Inc. is a consumer-packaged goods holding company. The Company operates through four segments: Post Consumer Brands, Weetabix, Foodservice and Refrigerated Retail. Post Consumer Brands segment includes North American ready-to-eat (RTE) cereal and Peter Pan nut butter. Weetabix segment includes primarily the United Kingdom (the U.K.) RTE cereal, muesli and protein-based ready-to-drink shakes. The Foodservice segment sells primarily egg and potato products. The Refrigerated Retail segment primarily sells side dishes, egg, cheese and sausage products. The Company also operates a pet food business, which includes the brands, such as Rachael Ray, Nutrish, Natureâs Recipe, 9Lives, Kibbles ân Bits and Gravy Train. This business also includes private-label pet food assets and manufacturing and distribution facilities. The Company also includes two manufacturing and warehousing facilities in Visalia, California.