News

Veganism is Hindering Growth of Veal Industry

Consumers choosing plant-based protein instead of veal is deterring the practice of slaughtering baby cows.

A new report by market research firm HTF MI revealed that the veal industry is slated to grow by a compounded annual growth rate (CAGR) of 2.19 percent by 2022. The report identified the “rise of veganism” as a major market challenge to the industry, as consumers are turning to plant-based protein to stop supporting the inherently cruel practice of veal, a “byproduct” of the dairy industry, which is produced by slaughtering calves that are less than 25 weeks old. Veal is only one meat-industry segment that is affected by the rise of veganism. Last year, data analyst firm Research and Markets released a report that found that consumer interest in veganism was responsible for slowing the sales of pepperoni products worldwide.

Photo courtesy of Joann McArthur

More News

Beyond Meat to Debut Beyond Breakfast Sausages

The company behind the Beyond Burger will debut plant-based breakfast patties this fall.
Read More »

World's First Vegan Chicken Shop Opens Convenience Store

London's Temple of Seitan opened café and convenience store Temple Goods in Hackney Downs Studios, where an all-vegan market takes place every Saturday.
Read More »

Vegan Coffee Shop Thrives in "Steak Country"

Amateur Coffee's vegan drinks, milks, and waffles are luring curious customers in meat-centric Omaha, Nebraska.
Read More »

Vegan French Macaron Shop Opens in New Orleans

New dessert shop Mac and Moon sells "Karmacarons," rolled vegan ice cream, chocolate-covered strawberries, and fresh fruit tarts.
Read More »

Kroger Launches Vegan Recipe Contest

Food Network chef Ellie Krieger will choose the winning recipe, and prizes include $1,000 cash, a Vitamix, and more.
Read More »

This Week on VegNews TV: The secret to these delightful sweet treats is white beans! Aylin Erman shows you how to make these simple blondies.

More Videos »