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

NYC Fashion Mogul to Debut Vegan Cheese Brand

Joshua Katcher—founder of vegan fashion brand Brave Gentleman—has teamed with vegan tattoo shop owner Dina DiCenso to launch artisanal vegan cheese brand RIND.
Read More »

LUSH Debuts New Vegan Bath Melt to Fight for Trans Rights

The vegan-friendly beauty brand launches a campaign to raise $450,000 to end discrimination and violence against transgender people.
Read More »

Data Shows Plant-Based Diet Would Save UK $7 Billion

A new study finds that the country could save billions on health and economic costs if 10 percent of the population adopted a plant-based diet.
Read More »

Amsterdam Fashion Brand Debuts Vegan James Dean Jacket

Cruelty-free fashion brand HoodLamb announces its spring line complete with James Dean-inspired unisex jackets.
Read More »

Investors Condemn Whole Foods for Ignoring Vegan Shift

A coalition of 57 investors who manage $2.4 trillion in assets continues to push food companies to abandon the risky practice of raising animals for food.
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 »