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Food & Beverage

Dean Foods: A New Focus on Plant-Based Milk Alternatives

As demand for traditional dairy products continues to decline, plant-based alternatives are becoming increasingly popular. This has also had an impact on the US dairy company Dean Foods in the form of a drop in profits. In order to counteract its losses and simultaneously realign itself, the company now wants to concentrate largely on marketing plant-based milk product brands such as Good Karma. Last year, the dairy industry recorded a fall in profits of around 91 percent in the third quarter, not least as a result of falling consumer demand for conventional dairy products. As a result, contracts were terminated for many milk suppliers, and more investment was announced in the field of plant-based alternatives. “We want to get back into the plant-based business,” said …

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Market & Trends

Market Report: Annual Growth Rate of Coconut Milk to Reach 7.3% by 2027

According to the recent market research report “Coconut Milk Market: Global Industry Analysis and Opportunity Assessment 2017-2027”, available from online provider MRRSE, the market for coconut milk will grow by about 7.3 percent annually over the next 10 years. The report distinguishes between conventional and organic coconut milk. The market analysis also reveals reasons for the forecast growth, such as the growing number of lactose intolerant people and the growing popularity of Asian and vegan food. According to the report, organic coconut milk will achieve stronger market growth than conventional products. Organic coconut milk sales are expected to increase by 8.2% in the forecast period and contribute almost 30% to total sales by the end of 2027. The market for organic coconut milk is estimated …

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Company News

Tyson Foods Considers Itself a Protein Producer and Investor for Vegan Companies

In an interview with Feedstuffs, Tom Hayes, the new managing director of meat giant Tyson Foods, spoke about his past investments in plant-based companies and provided insights into the company’s expected future development. He explained why it is so important for Tyson Foods to change public perception of the company, becoming known as a protein producer rather than a meat producer. A sustainable corporate mission statement, the well-being of employees and improved conditions in animal agriculture are issues with which the company’s management will be increasingly concerned in the future.

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Jacob's Ridge

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Business Insiders

[Business Insiders] Julian Nicholson – Fundraising at a Grass-roots Level

Financing is something that plays a part in all of our lives in some form, whether it’s for the individual, funding for small business, or investment strategy for larger firms and corporations. Vegan businesses must also strategise financially, however with vegan organisations the funding is usually sourced ethically and from different avenues to mainstream business.

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Company News

Aldi: New, Fresh Vegan Products for the USA

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The German discount chain Aldi has doubled its turnover in the USA in the last 5 years. In order to progress further, the retailer is currently carrying out a product overhaul, investing 5.3 billion US dollars in the redesign of its product range and the expansion of new stores. As Business Insider reported, customers will find 20% new products across almost 2000 stores by the beginning of next year. More emphasis will be placed on fresh, vegetarian and vegan products and food, which will increase by as much as 40%.

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Society

Controversial Debate: Vegan Milk and the Milk Market

Can vegan milk be called milk? This question was raised by American congressmen during a debate on the increasing availability of plant-based dairy products. The controversial discussion is being led by the dairy industry, primarily the US Food and Drug Administration (FDA), which is aware of consumers’ growing interest in plant-based milk and fears that veganism could cause potential damage to the conventional dairy industry. The French food company Danone has now also commented on the case, but does not share the opinion of many competitors. The controversial discussion began in December 2016, when members of Congress submitted a letter to the Food and Drug Administration. The movement was initiated by congressmen who were financed by the dairy industry in their election campaigns. In their …

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Company News

Impossible Foods Wants to Double its Production

Last March, the Impossible Foods brand, which produces alternative meat substitutes, opened a factory in Oakland and started selling 2,000 kilos of its product per month to 40 restaurants. Since then, the company’s production has increased many times over. In April, the brand entered the international market and has since been supplying the USA, as well as customers such as luxury hotels in Hong Kong. It currently works with 3,000 restaurants and produces 250,000 kilograms per month. But now Impossible Foods wants to double its production. A further production facility is planned in Oakland, which will require additional staff. The vegan brand is therefore creating jobs through its international success.

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Products & Launches

The Vegetarian Butcher: New Vegan Smoked Sausage

The Vegetarian Butcher, a Dutch manufacturer of vegan meat alternatives, will launch a vegan smoked sausage in October 2018. It will initially be available in Dutch supermarkets. The company had to work long and hard on this new and innovative product. “The fact that we have worked on this product for seven years with sausage manufacturers and flavour specialists shows how important the development of a great smoked sausage is to us in every respect. This was the longest development path in our entire product range. And there’s more to come; we want to launch even more new vegan products in the near future,” says Jaap Korteweg, founder and director of The Vegetarian Butcher. Meanwhile, the vegan manufacturer’s products are available in more than 4,000 …

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Market & Trends

Market Report: Positive Market Development for Dried Beans Thanks to Veganism

The international change in consumer needs which is going hand in hand with the vegan trend is driving various plant-based market segments forward. One of these markets is the dried bean market, which is expected to grow strongly in the forecast period from 2020 to 2025 according to a current industry report by Research and Markets. The global market for dried beans is subdivided into lentils, chickpeas, peas and other varieties. A decisive factor in the positive growth forecasts is the increasing demand for vegan protein sources. The increasing number of consumers who favour health-promoting foods in their eating habits and who are discovering vegan foods as a result of this health change should not be underestimated either. The detailed sector report takes into account …

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Dr.Sanda

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Top Stories

New: Orsana, All-natural Vegan Probiotic Mints

Dr. Sanda Moldovan​, founder of Beverly Hills Dental Health and Wellness, is an award-winning periodontist, nutritionist, and world-renowned oral health and wellness expert. Her brand, Orasana™, have announced the release of Orasana™ probiotic mints which are suitable for vegans.

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Darina Bockman – Founder of "Vegan Leaders in Corporate Management"

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Interviews

VLCM: “We Currently Have Members at Many Fortune 500 Companies.”

A strong network is an important factor when doing business or championing a cause. This was what Darina Bockman considered when starting “Vegan Leaders in Corporate Management” (shortened to VLCM) – a global network for business and corporate professionals who lived a vegan or plant-based lifestyle. According to the founder, there was a high demand for this, as evidenced by the network’s success. We interviewed Darina Bockman to learn more about this concept, the initiatives and the Vegan Leaders Playbook.

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Market & Trends

Market Report: Market for Vitamin B12 Continues to Grow

The new market research report “Global Vitamin B12 (Cobalamin, Cyanocobalamin) Market Professional Survey Report 2018” by MarketResearchNest discusses the global market for vitamin B12, and provides various forecasts up to the year 2025. Cyanocobalamin is an artificial form of vitamin B12, which is important for growth, cell proliferation, hematopoiesis and protein and tissue synthesis. Vitamin B12 is also used to treat many different diseases. The global market for vitamin B12 (cobalamin, cyanocobalamin) was estimated at $310 million in 2017, and will reach $400 million by the end of 2025, representing an annual growth of 3.1%. This development could be strongly related to the growing vegan trend. Vegan diets often lack vitamins such as cobalamin and cyanocobalamin. Vegans are therefore partially dependent on B12 supplements. In …

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