Exclusive: Almond milk maker Califia raises $225 million, on coattails of Beyond Meat IPO

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The investor rush into plant-based milk comes as cow milk consumption falls, partly due to health and environmental reasons. Read more on the FutureofFood:

- Almond milk producer Califia Farms has raised $225 million from global investors including Singapore’s Temasek Holdings [TEM.UL] who are looking for the next plant-based food hit after the market debut of vegan burger maker Beyond Meat last year.

The investor rush into plant-based milk comes as cow milk consumption is falling, partly due to health and environmental reasons, leading to two of the largest dairy producers in the United States - Dean Foods and Borden Dairy Company - filing for bankruptcy protection in the past two months. “The total change in dietary habits of the U.S. consumer is what is driving the decline in dairy,” Founder and Chief Executive Officer Greg Steltenpohl told Reuters.

It plans to use the money raised from the latest funding to launch more plant-based milks and expand its line of oat products, a growing category in the plant-based market.

 

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Cow’s milk is still the nectar of the gods. I love it, always have, always will.

Yet studies come out about how they turn out to be unhealthy. Better to stick to raw organic milk with natural probiotics. Not pasteurized dairy milk. Not soy or almond or oat etc. Read various books about raw milk. Cow milk or even better is goat milk.

Yes thank you! End the harmful, heartless and cruel dairy farming industry and govt bailout of dairy farmers.

Lol... vegans. 😂

Now, I want to see if people give up cheese.

There will always be enough demand for natural cow & goat milk in variations: 4% fat, 2% fat, skim, & cheeses. Artificial anything (such as sweeteners) creates unneeded problems.

As much as I'd like to blame djt for the failure of Wisconsin dairies, I think this is much closer to being the cause. BUT - his admin & past ones could have plowed $ into helping dairy farmers transition to a better future.

CalifiaFarms 'milk' is a staple of CHILDHOOD nutrition.Your pricepoints are ridiculous. By their issuance you're either saying that children shouldn't drink your product regularly, or that poor kids don't deserve the same amount.FURTHER,your pesticides are killing bees FIX IT

Whole milk, butter, yogurt and cheese please.

👍🌷

It makes financial sense to consume plant based milk! vivacampaigns TheVeganSociety thevegankind PresuntoVege WWF_Brasil wwf_uk Greenpeace ExtinctionR

Fake milk

I hate almond milk and soy milk. They both suck and don't have the calcium my aging bones need. Calcium supplements aren't as healthy as getting it through dairy with added vitamin D to help absorption.

Still, mind you: any one person is more than entitled to drink what they please but this should not be shoved down all kids throats. We all raise our children according to our own standards. So? So climb off your soapbox and see that we all have a choice in this nation.

This after a second rate actor wins an academy award and uses a night of honor and reflection as a soap box to spew forth the burn of incompetence handed out by an effect which cleans out ones own god given competence. I'm near forty years in age and cows milk has not effected me

Note to alt milk drinkers: unless homemade these almost always contain food gums, which can be harmful to some people’s intestines/bad for autoimmune disease sufferers

DevinCow Devin so happy he doesn't really own any cows.

Dairy farmers have no need to worry; my family ate a metric ton of cheese yesterday.

wontsomebodythinkofthealmonds?

Good...

Plant based milks are misleading. The % of the actual plant as an ingredient is minimal. These companies use thickeners, fruit juices and other fillers as the majority of their ingredients.

herbivore_club animal_leaks

Plant based juice. There. I fixed it for you.

Fuck milk, save the cows.

I think cows are on their way to extinction due to methane emissions, and dietary issues that have shown,for example, that adults don’t need milk at all, because they are not equipped to metabolize it properly, and some are lactose intolerant.

That’s not good . Milk from the cow 🐄 is more better than plant or tofu milk . Why ? Because G-d Made cow to produce milk & we drink the milk for our bone to grow . G-d creates plant to eat too . protein in plant it’s not better than cow’s milk for bone to grow .

These products have come a long way over the last 10 years. Plant based products are healthier, taste great (not all) and come with the obvious animal welfare benefits. Beyond Beef patties are excellent.

Reuters, really, was that a paid advertisement by the Almond Growers Assn?

I think cow give more milk but got have low milk.

As per climate milk production decrease.

Almond milk

Milk is disgusting

Thanks but no thanks. 🐄🐄🐄

I thought cheese demand was higher than ever though?

Seems climate change campaigners are winning.

Great news for cows, go plants!

this video makes me just want a few tall glasses of cow milk. now.

nut milk is horrible. i'll only drink cashew milk, and it's not even a real nut. how does a rise of a few ten's of millions of dollars in one industry result in billions of losses in another? it doesn't. more to do with falling incomes, and less exports. not diet, maybe climate.

A nut or bean based drink is not milk, but all drinks have been good investments as you're basically selling water at a premium price.

Milk is for Babies. 🍼

Gave up cow milk years ago and I wish I had done it decades ago. My gut health has never been better.

A positive trend.

Not in my house! ❤️ 🥛

Yeah, go ahead and drink soy juice (aka soy milk). It is deforesting the Amazon Rainforest. And turning boys into girls with unnatural, increased estrogen levels. Soy boys.

A white rush-in if you will?

I will never swop dairyproducts for vegan alternatives. I believe traditional natural farming is the best alternative for biodiversity, not the mass industry of today or importing soya products from other countries. The cows are not the problem, people are!

paullewismoney If only oat milk could be bought in glass bottles that are returnable!

paullewismoney I tried hazelnut. Makes my coffee too brown and sludgy. Oat was perfectly drinkable. Best so far is soya. Higher fat version has a vanilla taste to it which I like. Low fat version is OK but not as tasty.

I only drink oat milk. It’s delicious.

I've been waiting for an article like this, after noticing half of the 'milks' at my grocery store on non-dairy, which is what I buy (lactose intolerant).

I have never tasted any worse food or beverage than oat milk.

Evolution: oat milk 🥛 - non-alcoholic beer 🍻 - vegan meat 🥩 - children appear from the test tube 👶 -.... 👽

Um, isn’t the goal to eat LESS processed foods?

I only ever used milk for cereal. I switched to oat milk and I can’t tell the difference. 🤷🏽‍♂️ Never going back to dairy (aka animal cruelty)

The dairy industry is a perfect example of socialism already existing in the U.S. It wouldn't be able to exist if not for billions of dollars of tax payer dollars subsidizing it every year.

Gross. I'd rather drink filtered urine.

Incredibly, oat does not have mammary glands 😡

Not soon enough.

If it's plant based it an extract (juice) not milk.

great news!!! no to cruelty! milk causes inflammation and cancer

The packaging is plant based right, cause the forest was destroyed to make it right?

Good

That is for the veggies. We drink the real thing here We eat the Real Cheese here We apply the Real butter here. Soya is a bean & it has no udder!

Yuk

Jay_SPQR

Why torture and kill animals if there are alternatives? Why stink up the air with cow belches? Why muddy and trample the streams and riverbeds? We can live without so many cows.

It's not future of food its madness

Dairy milk and beef isn't going anywhere. This is just vegan propaganda.

Good luck with your fake milk

meanwhile ... almond milk production reportedly is killing our pollinators by the millions ... drink up idiots !🐝🐝🐝🐝🐝🐝

All about fashion NOT compassion😳Add well-designed FEARS VOILÀ! Overall the way we over-exploit a lot of animals for their meat, definitely deserves a pause. That momentary relative stop is driven by fears, by usual selfishness (FR) les animaux d'abattage sauvés par la mode?

What’s up with cow posts tonight? First cow belching now cow-less milk... Moooving...

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Whole organic milk.

wow from oat, well I hope that it si not GMO

cow milk works for most of us, it’s the added hormones that stop us drinking it.

If you need to use a hyphonation to qualify what kind of “milk” something is, it is not milk in the traditional human-consumption meaning. “Milk”, in regards to human consumption, means cow’s milk. That’s it. Anything else is not milk.

angie_karan some positive news 👍

I like cow milk. 🤷‍♂️

Does seem a bit odd drinking another animal's boob juice

as long as there are cows for actual beef and milk I for one will be drinking & eating mooooo

And it's about 94% water in the UK. Who wants to pay that much for water? So little nutrition in the other 6%.

Yuk !!

Turns out plant milk doesn't taste like milk.

Tried some milk alternatives. Turns out in allergic to them. Good old milk from a cow is best for me.

Can you make yogurt out of that crap?

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