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Market & Trends

Market Report: Vegan Snack Market to Grow to 73 Billion Dollars by 2028

According to a new report by market research firm Future Market Insights (FMI), the vegan snack market will be worth over US$73 billion by 2028. The industry analysis states that the market volume is currently 31.8 billion US dollars, and an annual growth rate of up to 8.7 percent is forecast for the coming years.

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Society

Dating: Meat-Eaters have Fewer and Fewer Chances with Vegans

The online dating service www.gleichklang.de recently analyzed the search preferences of over 30,0000 vegetarian and 9,000 vegan members and ex-members seeking partners. The results suggest that as the vegan and vegetarian community becomes increasingly connected and the opportunities to search for other vegans or vegetarians grow, the proportion of relationships between vegans or vegetarians and meat-eaters will decrease.

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The Game Changers

The Game Changers

Marketing & Media

James Cameron Documentary Regards Vegan Athletes

The creators of The Game Changers have announced that they will feature two additional vegan athletes. The documentary, produced by James Cameron and directed by Louis Psihoyos, focuses on the health benefits of a vegan diet. The film is set to follow special elite forces trainer and martial arts champion James Wilks on his quest for the truth behind the world’s most dangerous myth: that meat is necessary for protein, strength and optimal health.”

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Fairs & Events

Veganuary 2019 Expected to be Bigger Than Ever

Veganuary inspires and supports hundreds of thousands of people around the world try a vegan diet for a month. The 2019 Veganuary campaign launches in early December 2018, with new contents released on the website and social media channels.

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Trader Joe's Logo

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Products & Launches

Trader Joes Launches Vegan Crabcakes

Trader Joe’s has released new Vegan Jackfruit “Crabless” Cakes nationwide in the US. The newest addition to their expanding vegan range is made from jackfruit, potatoes, cilantro, green onions and celery seeds, with a blend of seasonings which create the taste and texture of real crab cakes. The crab cakes are available at the freezer section and sold in boxes of four.

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Gastronomy & Food Service

Germany’s Hotel and Catering Industry Still has a lot of Untapped Vegan Development Potential

Vegconomist has long been following and reporting on vegan trends in the hotel and restaurant industry around the globe. The vegan trend has also long arrived in the German hotel and catering scene, and is becoming increasingly popular. Recently, we asked the German Hotel and Restaurant Association (DEHOGA Federal Association) about the current situation in Germany.

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Iceland supermarket

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Society

That Iceland Advert: All You Need to Know

Earlier this year, Greenpeace released an animated film about devastation of orangutan habitat as a result of palm oil production. Palm oil production is a major contributing factor to deforestation in Southeast Asia, but is found in nearly half of all supermarket products, from food to cosmetics.

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Products & Launches

Vegan Beyond Burger now available nationwide in Germany

Demand for the Beyond Burger in the USA remains high and has far exceeded all expectations. The PHW Group now announces the launch of the Beyond Meat Burger in Germany. In addition, wholesaler METRO will also launch Beyond Burger at the end of November in over 100 of their wholesale stores in Germany. The Beyond Burger was listed via the METRO Trading Office in Rotterdam in cooperation with NX-FOOD.

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James McMaster – CEO at Huel

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Interviews

Huel: “Vegan Supplements Meet the Demands of the Time”

When it comes to dietary supplements, many consumers think of vitamin pills or tasteless protein shakes for bodybuilders. But the start-up Huel proves that dietary supplements can also be balanced, fast-acting and, above all, healthy. The international team produces “healthy nutrition in powder form”, which is very much in line with current trends. This was reason enough for us to interview James McMaster about the concept and its advantages.

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HRH Prince Khaled bin Alwaleed bin Talal Al Saud, founder and Chief Executive of KBW Ventures

HRH Prince Khaled bin Alwaleed bin Talal Al Saud, founder and Chief Executive of KBW Ventures

Society

Prince Khaled bin Alwaleed to Open 30 Vegan Restaurants in Middle East

Vegan Prince Khaled, prolific investor of numerous vegan businesses across the world, has revealed plans to open 30 restaurants across the middle east. The plans are part of the Folia partnership, Prince Khaled’s consultancy and teaching partnership with vegan chef Matthew Kenney. Folia’s first plant-based menu – with ten items created by chef Kenney – became available earlier this year at the Four Seasons Hotel in Los Angeles.

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