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Veganz launches Peas on Earth vegan mince

Veganz Launches Shelf-Stable “Peas On Earth” Pea Protein Mince

October 7, 2024

Germany’s Veganz has announced the launch of its new Peas On Earth minced pea protein product, which has been available online since October 3 and will soon be available in REWE Group and GLOBUS stores. According to the company, the product offers an interesting alternative to conventional minced meat and meat substitutes by relying on the advantages of dry storage. Peas On Earth’s pea mince is supplied in lightweight 100 gram packs that do not require refrigeration and therefore have a long shelf life. As soon as the product is mixed with water, at least three times the amount of minced meat-like mass is produced, which can be used as usual in various dishes. As Jan Bredack, founder and CEO of Veganz Group AG, explains …

Milk- and Dairy Alternatives

Veganz’ 2D Printed Oat Milk Discs Arrive on Organic Grocery Stores Following €10M Investment

August 20, 2024

The gluten-free organic Mililk oat milk discs are produced by Veganz Group with 2D printers and sold in sheet form. Veganz claims that this form saves 94% packaging waste and 85% weight compared to products in milk cartons. The sustainable product, first revealed last summer, is now available in organic food stores in Germany. The milk alternative is now available under the Veganz Bio Mililk® Oat Barista brand from Terra Naturkost, the organic wholesaler for north-east Germany. Five-litre packs with printed sheets of gluten-free organic oats (grown in Europe) in barista quality are now available at the chain, in addition to its existing availability at REWE. Rapid success The innovative product has been an instant hit among retailers and consumers. Veganz reports that in taste …

Investments & Finance

Veganz Secures €10M to Scale Production of Mililk 2D-Printed Milk Alternatives

August 5, 2024

German plant-based food producer Veganz Group AG has signed a Securities Purchase Agreement with Global Corporate Finance LLC (GCF), securing equity financing of up to €10 million. The funding will allow Veganz to scale up the production of Mililk, an innovative milk alternative supplied in the form of 2D-printed sheets that can be blended with water. By optimizing and automating manufacturing processes, the company hopes to increase its capacity for the production of milk alternatives by a factor of five to meet growing demand. Veganz will also use the funds to increase the output of Peas on Earth, a pea protein-based meat alternative. The contract with GCF allows for a flexible use of the financial resources over a 30-month period. Funds will be raised by …

Milk- and Dairy Alternatives

Veganz Group Expands Site for Increased Production of 2D Printed ‘Mililk’ Oat Milk

July 10, 2024

Veganz Group AG has taken over approx. 1,000 square metres of new space at its site in Ludwigsfeld, Germany, to expand and increase production capacity for the production of its new milk alternatives from the 2D printer. The space will be developed over the next few weeks and converted for the production of Mililk® products. This expansion will be accompanied by an optimisation and automation of the production processes, which will enable a daily production capacity of 50,000 litres of Mililk® oat and almond-based milk alternatives to meet the increasing demand. “I am delighted that we have found an almost perfect solution at our site in Ludwigsfelde to expand the production of our Mililk® milk alternatives, which only started in February 2024 using the innovative …

Cashewbert © Veganz

Company News

Veganz Group AG Secures Funding from the State of Brandenburg for Construction of New Production Facility

June 7, 2024

Veganz Group AG already had its application for investment grants approved by the Brandenburg Investment Bank last year and has now also received notification that the agreed grants will be utilised. This means that the investments made to date, as well as further planned investments in production facilities and the expansion of production capacities, can be settled within the framework of the agreed subsidies. With the investments at Veganz Group AG’s new site in Ludwigsfelde, which houses the company’s headquarters as well as the production of the new, innovative milk alternative Mililk® using the 2D printing process and the ‘meat from peas’ production line, Veganz Group AG has successfully completed the transformation process it initiated in 2020 from a trading company to a production company. …

©Veganz

Company News

Veganz Group Releases 2023 Annual Report

May 10, 2024

Veganz Group AG, founded in 2011 in Berlin, with a product portfolio widely available in the DACH region, has published its financial report for 2023. Despite a “struggle with consumers’ purchasing reluctance and the persistently weak economic development in 2023”, the company highlights in its report a 6% growth in its strategic core categories as it responded to the financial climate with plant-based innovations for brands and private labels, cost reductions, and expansion of production facilities, with the acquisition of the brands and production site of fellow German company Happy Cheeze. Notably, in 2023 there were successful innovations including Veganz Bluebert and Veganz Mililk®, a highly sustainable 2D printed oat milk disc product, which recently rolled out into Rewe stores. Optimistic outlook for 2024 Veganz’s …

Milk- and Dairy Alternatives

Veganz Supplies its ‘Mililk’ Printed Oat Milk Discs to Rewe

April 18, 2024

Veganz Group AG is now producing its latest food innovation Mililk, a patented milk alternative from the 2D printer, in-house for the Rewe Group. Under the Food For Future and Rewe Bio brands, the Bio Mililk Barista is available nationally in more than 3,700 Rewe stores and in all 2,000 Penny Stores. Delivery has already begun. Veganz Group AG is thus continuing its strategic expansion into a manufacturing company for vegan innovations. Mililk alternative Last July, Veganz announced the start of production of its new plant-based milk alternative “Mililk” at its new production site in Ludwigsfelde. In addition to sales to end consumers via the online shop, Veganz also offers its oat milk product to catering customers. Mililk is produced using a specially developed 2D …

Retail & E-Commerce

Germany: REWE to Open First Vegan Supermarket in Former Veganz Store

March 20, 2024

German retailer REWE is set to open its first fully vegan supermarket, called REWE voll pflanzlich, in Berlin. The store is on the site of the former Veganz supermarket at Warschauer Brücke in Berlin-Friedrichshain, which closed in December after the company decided to focus entirely on product manufacturing. REWE has declined to comment on the news, which was shared by Supermarktblog from an insider source. The publication notes that while a sign with the name of the store is visible on the building, this name has not yet been trademarked. However, Supermarktblog believes the store will open this spring. Notably, REWE Group owns the Austrian supermarket chain BILLA, which has opened two fully vegan stores in Vienna and Graz in recent years. The retailer has …

Leather Alternatives

BMW Offers 100% Animal-Free Interior with Vegan Leather ‘Veganza’ in New 5 Series Touring

February 20, 2024

BMW is offering a completely animal-free interior option for the 5 Series Touring. According to the company, the interior design of the new vehicle sets new standards in terms of animal welfare and sustainability. The seat surfaces are made from the innovative material “Veganza” and will optionally be available with decorative perforation. Veganza is a vegan leather alternative that is said to offer an improved feel and optimized climate properties. The BMW Group announced in autumn 2023 that it would offer BMW and MINI vehicles with completely vegan interiors and would produce even more sustainable and 100% animal-free vehicles in the future. In cooperation with various startups, BMW is researching and developing innovative materials with leather-like properties that can be used, among other things, for …

Celebrities

Veganz Group in Multi-Year Partnership with Famous German Influencer Gronkh

December 5, 2023

Veganz Group AG and Gronkh, one of Germany’s largest content creators and influencers, are entering into a multi-year partnership. Gronkh reaches over 4.9 million subscribers across its channels and has now reached more than 3.6 billion views. The Veganz brand, which currently produces oat drinks with Mililk® using the climate-friendly 2D printing process, will work with Gronkh to expand the range to include exclusive and co-branded products. In addition to the printed oat drinks, the current range also includes a Mililk® maker with special blades and a jug for storing the finished product at home. “The enthusiasm for Mililk® continues to grow, in addition to several thousand customers within a very short time, we are now also pleased to bring our delicious alternative and the …

Investments & Acquisitions

Veganz Acquires Brands & Production Site of Germany’s Happy Cheeze

October 26, 2023

Berlin-based vegan brand Veganz Group has acquired the brands and production site of another German company, Cuxhaven-based Happy Cheeze. Happy Cheeze is a premium plant-based cheese producer that sells its products under the brand name Dr. Mannah’s. The company ran into financial difficulties earlier this year due to the rising cost of energy and raw materials, along with reduced consumer spending power. Insolvency proceedings were opened at the end of August. The acquisition will allow Veganz to expand its plant-based cheese range with more products and distribution channels, along with increased production capacity. Happy Cheese produces 13 varieties of cashew-based cheese at its 1,000m2 production site; these include alternatives to parmesan, camembert, and spreadable cheeses. Dr. Mannah’s products are sold at international food retailers, organic …

Company News

Veganz Group AG and VeGreat LLC to Launch Vertical Farming Project for Protein Crops in Dubai

September 11, 2023

A few months ago, the Berlin-based Veganz Group AG acquired the licensing rights for the vertical farming platform technologies OrbiPlan and OrbiLoop from the research organization Fraunhofer Institute IME. These technologies allow the industrial production of food and protein crops under highly efficient indoor conditions anywhere in the world. Now, the Veganz Group AG and US-based company VeGreat LLC announce OrbiFarm, a joint venture to exploit these vertical farming technologies in Dubai, United Arab Emirates. VeGreat LLC recently acquired newly issued shares of the Veganz Group AG, increasing Veganz Group AG’s capital by 10%. “This will make it possible for the first time, anywhere in the world, independent of climate and environmental influences, to realize the production of plant-based alternatives from seed to end product in one hall with maximum efficiency and …

Milk- and Dairy Alternatives

“We Flatten Milk”: Veganz Commences Production of “Mililk” Printed Oat Milk Discs

July 20, 2023

Veganz has begun production of its new innovative printed plant-based milk Mililk at its new production site in Ludwigsfelde, Germany. In a 2D printing process, an oat milk alternative is first printed as a sheet in DIN A4 size. 10 of these DIN A4 sheets make 10 litres of oat milk, which can then be sent by post. With the fun tagline, “Flat, Tasty, Cheap. Veganz Mililk®: We flatten milk”, the publicly listed company says, “The delicious milk alternative avoids 90% packaging waste and gives you plenty of space in the warehouse. We simply flatten the milk by printing oats in sheet form on a 2D printer. You then rip off as much of the leaf as you need and toss it in the blender …

Agriculture / Agribusiness

Veganz Secures Worldwide Licensing Rights for OrbiPlant® and OrbiLoop® Vertical Farming Platform Technology

June 27, 2023

Following the successful start of the research collaboration to develop protein-rich plants for production in the OrbiPlant® Vertical Farming System at Fraunhofer IME Aachen, Veganz Group AG has now secured licensing rights to the underlying vertical farming platform technology for growing food crops as an exclusive license. According to Veganz, the new technology will make it possible for the first time to grow staple foods in a regionally and economically viable way anywhere in the world and thus also in regions that have so far been dependent on expensive imports of staple foods due to their unfavorable climatic conditions. Furthermore, the vertical farming technology can be directly coupled with further processing industries, which enables a complete value creation from cultivation to the finished food. To …

Facts & Figures

Veganz Publishes Annual Report 2022

May 12, 2023

Veganz Group of Berlin, like most businesses, had to contend with the ongoing economic weakness in 2022: after the focus of food retailing and the discount sector in the first months of the year was on ensuring basic supplies for the population, the young core target group in particular (Generation Z and Millennials+) was most recently heavily impacted by price increases in view of their comparatively low income. Overall, this development made it more difficult to relist Veganz products and implement promotional measures, and led to a decline in sales for Veganz Group AG to EUR 23.6 million (previous year: EUR 30.4 million). In contrast, the number of points of sale (“POS”) as of December 31, 2022 increased to 28,217 (December 31, 2021: 25,199) – …

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Manufacturing & Technology

Veganz to Produce Environmentally Superior PRINTED Oat, Almond & Soy Milks

December 15, 2022

Berlin-based Veganz Group, which says it is the only multi-category provider of vegan food in Europe, announces it has secured a license from Vitiprints LLC for a unique new patented printing process for producing printed oat, almond, soy and other milk alternatives. Vitiprints LLC of the USA has created a new printable delivery system that transforms 3-D products into a dissolvable print medium. Veganz will utilise this high-speed printing technology to produce a line of both market-ready and patent-protected alt milk and related products. Healthier, environmentally superior alt milk Through the patented process, unique printed sheets, discs or pads are “easily and quickly transformed into fresh, high-quality, and healthy milk alternatives”. Veganz printed milk alternative sheets or discs can be mixed with a standard blender …

Retail & E-Commerce

Veganz Launches D2C Store to Offer Plant-Based Product Boxes

September 28, 2022

Berlin-based food brand Veganz has launched a D2C online store, which will allow consumers to directly order the company’s plant-based product boxes. The boxes contain a range of Veganz products, such as Soy Medallions, Sandwich Spread, Seitan Powder, and Thnfsh (vegan tuna). Innovative new products such as vegan honey and scrambled eggs are also included. When buying the boxes, consumers will save money compared to purchasing each product individually, which Veganz says is important due to the current cost of living crisis. To mark the launch of the store, the brand will offer an advent calendar and a specially designed recipe box for a limited time only. IPO Last year, Veganz announced its IPO on the Frankfurt Stock Exchange, intending to use the proceeds to …

Food Service

Veganz and Valora Collaborate to Bring Plant-Based Snacks to German Petrol Stations

July 20, 2022

Multi-category plant-based brand Veganz has announced a partnership with “foodvenience” provider Valora to launch vegan snacks at German petrol stations and kiosks. Valora operates 1,438 points of sale in Germany, including k kiosk, cigo, U-Store, ServiceStore DB, and Press & Books stores. A range of Veganz’ most popular products — such as Choc Bar Coconut, Sandwich Biscuits Original, and Fruity Peaches — are now available at 300 of these stores and will be rolling out at more points of sale later on. Additionally, Valora has 400 points of sale in Switzerland, and two Veganz products — Fizzy Cola and Sour Sticks — have now launched at some of these locations. Veganz expansion While Veganz started out in Germany, it has successfully expanded to several more …

©Veganz GmbH

Company News

Veganz and epap Join Forces For Digitized Receipts Offering Shopper Insights

June 3, 2022

Veganz and epap have joined forces to jointly develop market research offering valuable shopper insights for the further development of its vegan product portfolio via digitized receipts. Berlin-based Veganz is known for its variety of vegan products ranging from snacks to meat, fish and cheese alternatives. The company has decided to focus on tailoring its developments to customer needs, and as such is cooperating with Hanover-based startup epap, which uses the app of the same name to enable receipts to be received and digitized without paper. With receipts from over 90,000 shops in the app, epap creates an attractive basis for innovative shopper research in line with the corporate philosophy “Ask your Customer”. “We are very pleased to have a strong partner like Veganz at …

Sweets & Snacks

Veganz Launches Climate Friendly Organic Choc Bar Peanut Caramel

May 3, 2022

Veganz, based in Berlin, announces new product launch vegan Choc Bar Peanut Caramel, saying it has “successfully managed the technical challenge of creating creamy caramel without the need for butter”. Veganz was founded as the first vegan supermarket chain in Europe and now produces a wide range of own-brand products encompassing biscuits and snacks, cheese alternatives, plant-based fish and seafood, vegan meat and sausages, and ready meals. In October of last year, the company announced its plans to go public, and in January of this year Veganz signed an exclusive agreement with global food service provider Aramark. Throughout 2021 the company launched into Greek supermarket chain AB (Alfa-Beta) and rolled out its popular frozen pizzas into Woolworths Australia and Drakes Australia, having already become established …

The vegconomist-newsletterinformation for decision-makers

The vegconomist-newsletter
information for decision-makers