- CEO
- Avtar Dhaliwal
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- Address
- 700 West Georgia Street Vancouver BC Canada V7Y 1B3
- IPO Date
- Jan 23, 2002
- Business
- Modern Plant Based Foods Inc. Modern Plant Based Foods Inc. is a Canadian food company that develops, manufactures, and distributes plant-based food products including meat alternatives such as Modern Burger, Modern Crab Cakes, Modern Meatball, and Modern Crumble; dairy-free cheeses; homemade-style soups; vegan snacks; sauces; candies; and vegan kaviar in flavors including Salmon, Wasabi, and Beluga. All products feature non-GMO, soy-free, gluten-free, nut-free ingredients derived from natural plants, targeting health-conscious consumers seeking sustainable alternatives without compromising taste; the company operates two Modern Wellness retail bars in Vancouver offering smoothies and health products. Founded in 1987 by Tara Haddad and headquartered at 700 West Georgia Street in Vancouver, British Columbia, it conducts business primarily in Canada with products available at retailers like Whole Foods, Costco, IGA, and through e-commerce platforms as well as select restaurants. Subsidiaries include Modern Meat Inc., Modern Foods Inc., Modern Meals and Supplement Inc., MWB Franchise Ltd., Kitskitchen Health Foods Inc., 1257189 BC Ltd., Vegables Food Inc., and Sausage-less Food Company Inc. In October 2024, the company completed the acquisition of AnimalKind, a Richmond, British Columbia-based plant-based pet food producer offering sustainable dog treats such as Blueberries, Apple Chunks, and Pumpkin, for 4 million common shares at $0.20 each, expanding into the growing plant-based pet food market. In January 2024, it launched its seaweed-based Vegan Kaviar line as an affordable luxury alternative to traditional caviar, targeting sushi and seafood restaurants via established distribution channels including Gordon Food Service, KeHE, and Horizon Distributors; the company changed its name from Modern Meat Inc. to Modern Plant Based Foods Inc. in February 2021.