All Plant based articles – Page 2
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NewsQuorn reports operating losses of £12.5m
Meat alternative company Quorn has reported operating losses, while its parent company Monde Nissin saw increased revenue.Quorn produces meat alternatives like its savoury eggs, mince and pieces.It reported a 9.5% revenue drop on a constant currency basis in Q3 of 2023, attributed to the "challenging retail market". The company saw ...
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NewsVegan products to be sold at same price as meat counterparts in Lidl Germany stores
Lidl Germany is adjusting the pricing of products in its vegan own brand Vemondo range to align the prices with that of its comparable meat products.Prices of the Lidl vegan brand Vemondo will be changed to reflect the pricing of meat products.The Vemondo range was introduced by Lidl in 2020, ...
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NewsClimate Change Committee report encourages making vegan food "the default" in supermarkets
Meat industry trade bodies have responded to a report published by the UK Government’s advisors on climate change that recommends making plant based foods “attractive, accessible and affordable”, to steer customers towards making more plant-based purchases.The report suggested that plant-based products should be "the default" in supermarkets.The report, published by ...
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NewsVegan brand receives ITV investment to increase ad reach
As part of its ITV AdVentures Invest, ITV has said it will invest up to £4 million of advertising inventory in THIS™, one of the fastest growing plant-based companies.THIS produce plant based products, which it claims replace traditional meat products like pork sausages, beef burgers and chicken.Founded in June 2019 ...
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NewsASA bans Viva! anti-dairy advertisement
A vegan charity with a history of challenging meat trade body activities has had its latest anti-dairy advert banned by the Advertising Standards Authority (ASA).The advert showed offal being stirred into yoghurt.Viva! has previously challenged a Red Tractor Scheme advert in 2018 and an AHDB "Eat Balanced" advert in 2021. ...
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NewsFrance drafts decree to restrict plant-based 'meat' labelling
The French Government has drafted a decree to restrict the naming of plant-based meat alternatives, after attempting to pass a similar policy in 2022.It has been noted that the ban does not include the word 'burger'.A decree to prohibit the use of names for plant-based foods usually used to designate ...
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NewsPlant-based manufacturer scales up production after raising €40M growth funding
Alternative proteins company Enough announced that it has raised €40 million in growth funding to expand its production co-led by World Fund, a European climate tech VC, and food investor CPT Capital.The growth funding will allow the company to increase production of alternative meat mycoproteins.The alternative proteins manufacturer produces Abunda ...
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NewsPlant-based producer Beyond Meat reports net loss of $53.5m
Beyond Meat, a US plant-based producer, has reported a 30.5% decrease in its net revenue, detailed in its Q2 2023 financial results report.Beyond Meat produces plant-based burgers, sausages, chicken strips and steak.The producer, which came to UK stores in 2018, is available in over 112,000 retailers and food outlets internationally. ...
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NewsFinnebrogue announces £2.8m expansion of its vegan food factory
A £2.8 million investment has been announced by County Down food producer Finnebrogue as part of the plan to upgrade its plant-based food factory.Finnebrogue supplies products from across the meat and meat-free categories.The supplier provides both plant-based and meat products to major UK retailers, and is known for its sausages, ...
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