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

A&W Adds Vegan Beyond Burger to 925 Locations

Beyond Meat's partnership with A&W Canada will put its vegan patty on the menu at 10,000 points of distribution.
Read More »

Sweden's Top Fast-Food Chain Debuts Vegan Milkshakes

Max Burgers' new vegan milkshakes will eventually replace all dairy-based milkshakes and are part of a longer-term goal to increase the plant-based options on its menu.
Read More »

French Foie Gras Restaurant To Go Vegan

London-based fine-dining restaurant Gauthier Soho will go vegan after owner Alexis Gauthier learned of the horrors inherent in animal agriculture, particularly in foie gras production.
Read More »

Pride Toronto Adds Plant-Based Zone for Queer Vegans

Fest-goers will be treated to vegan rainbow mac and cheese, soups, salads, snacks, and beauty products, while chilling out amongst glowing palm trees in a new area dedicated to everything cruelty-free.
Read More »

52 New York Dairy Farms Lose Wholesale Contracts

Dairy suppliers cannot sell their milk as demand for dairy continues to plummet.
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 »