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Top Stories of the Vegan Business World

Study Shows a 3rd of World Population Follow a Diet Based on Reduction or Elimination of Meat

kale leaves forming a heart
A recent study carried out in Q3 of this year reveals that a total of 11% of global consumers are vegetarian, 20% are flexitarian, and 3% identify as vegan, signifying that one third of consumers around the world are following a diet that is based around the moderation or elimination of animal produce.

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Vegan Pizza Rankings 2020: Vapiano Named Most Vegan-Friendly Chain in Germany

pizza
The Albert Schweitzer Foundation has published its second-ever ranking of the most vegan-friendly pizza chains in Germany. This time, the list is topped by Vapiano, which was in third place in 2018.

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KVD Vegan Beauty Expands into Ulta Beauty, as Plantbased Cosmetics Explode Internationally

KVD Beauty
KVD Vegan Beauty, the award-winning vegan cosmetics brand, is expanding its distribution with Ulta Beauty, the largest beauty retailer in the U.S. Kat Von D launched the brand with Kendo in 2008 but earlier this year announced that she was departing to focus on other projects. Kendo has since rebranded the range to KVD Vegan Beauty.

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Bunge Limited Makes $30M Capital Investment in Merit Functional Foods, Partnership to Expedite Completion of Plant-Based Protein Facility

Bunge Limited Makes $30M Capital Investment in Merit Functional Foods, Partnership to Expedite Completion of Plant-Based Protein Facility
Merit Functional Foods has announced its new partnership with international agribusiness and food company Bunge Limited. The collaboration will expedite the construction of Merit’s "state-of-the-art" plant-based protein production facility located in Winnipeg, Manitoba, Canada, where it will produce novel pea and canola protein ingredients.

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Chinese Alt-Meat Startup Vesta Raises $2.3M, Announces Collaboration with Beijing Restaurant Chain

Vesta Food Lab
Beijing startup Vesta Food Lab has completed its latest financing round, led by Shanghai company Xuerong Biotech. The round raised $2.3M, which will be used for research and development as well as the building of a new production facility.

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Germany: Rügenwalder Mühle Sees 50% Increase in Meat-Free Sales

Veggie Range Rügenwalder Mühle
German food manufacturer Rügenwalder Mühle continuous its success in the vegan and vegetarian product segment, as the company documents a 50% increase in sales of meat-free products and invested a total of € 5.5 million in the first half of the year to expand its production capacities.

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ADM Discusses Evolution of Food & Beverage Innovation Following COVID-19, with "Plant-Based Becomes Mainstream" at #2

ADM Proteins Overview Burger
Archer Daniels Midland (ADM) has identified six emerging behavioral changes created by the COVID-19 pandemic that will power food and beverage innovation and growth in the months ahead. The company’s research will help manufacturers gain market share in an increasingly uncertain business environment.

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Neat Burger Becomes Official Sponsor of Extreme E Electric Off-Road Championships

Extreme E electric off road
Neat Burger, the world's first plant-based sustainable burger chain, has become an official partner of Extreme E's forthcoming electric off-road championships. The British chain was launched last year by Lewis Hamilton, in collaboration with the Cream Group and Unicef ambassador Tommaso Chiabra.

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How to Get More Shoppers to Say Your Vegan & Plant-Based Products are “Worth it”

How to Get More Shoppers to Say Your Vegan & Plant-Based Products are “Worth it”
Many plant-based food companies acknowledge that their products often cost more than their big industry competition. Their response is to focus on other parts of their proposition that they believe will be most compelling to their shoppers, such as taste or health.

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