News

Veganism Set to Shake Up Big Food Companies in 2018

Food industry analysts agree that plant-based products and businesses will force larger companies to innovate or get out of the kitchen.

A recent report compiled by media outlet Foodnavigator highlighted the innovations set to change the food industry in 2018. Several market analysts predicted that plant-based companies—which create products in line with current consumer habits—will force traditional brands to develop new concepts to retain customers. “The rising number of vegans and how fashionable the cuisine now seems to be—big companies are taking notice,” GlobalData consumer analyst Ronan Stafford said. “The number of vegan options will increase in both supermarkets and restaurants.” Katya Witham, food and drink analyst at market research firm Mintel, confided Stafford’s prediction. “Veganism is now seen as a trendy lifestyle,” Witham said. “Today, vegan products attract attention from a much wider audience, namely health and ethically driven, flexi-vegan consumers." GlobalData found in its 2016 report that 70 percent of the world’s population is actively reducing its meat consumption, while Mintel’s 2017 Global Food & Drink Trend report found that new vegan product launches increased by 257 percent worldwide since 2010.

More News

Veganism Fueling Global Demand for Coconut Milk

The coconut milk industry is expected to boom as the world population continues to steer clear of cow's milk.
Read More »

Abused-Animal Sanctuary in Mississippi Gets a Facelift

Newly reimagined Hope Animal Sanctuary features 20 tiny houses that serve as comfortable habitats for rescued animals.
Read More »

Utah Mayor Goes Vegan to Set Example for Citizens

Park City Mayor Andy Beerman will not consume animal products for 10 days—and possibly beyond—to show city residents that plant-based eating is easy.
Read More »

UK Makeup Guru Says Vegan is "The Right Thing to Do"

Jessica Rose urges makeup artists to use only vegan products to avoid supporting animal exploitation for vanity's sake.
Read More »

Karlie Kloss Touts Beyond Burger as the Future of Meat

The Victoria's Secret supermodel—and founder of female empowerment brand Kode with Klossy—visits Beyond Meat's California production facility and chats with Top Chef winner Brooke Williamson about the revolutionary plant-based patty.
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 »