Economics news

July 8, 2019

Finalists Announced For Plant-Based 'Dragon's Den' Style Business Competition

The event, by plant-powered company Vevolution, attracted a huge number of quality entrants this year - showing how many people want to build ethical businesses

July 4, 2019

New Service Launches Linking Vegan Temp Staff With Ethical Businesses

VeganTemps is the second product created by London tech startup Xarista which launched 'The Vegan Filter' - a browser extension - earlier this year

June 21, 2019

Tesco To Massively Expand Vegan Range In Bid To Boost Profits

The retail giant revealed its plans for growth - which also includes more robot-driven checkouts and upmarket convenience stores - at a recent meeting for investors and City analysts

May 28, 2019

Vegan 'Dragon's Den' Business Pitching Event Returns For 2019 - Applications Open

Pitch + Plant, hosted by vegan events company Vevolution, invites plant-based businesses to pitch for investment

May 23, 2019

UK's First Vegan Members' Club To Open In London Next Month

The facility, which is being opened by the team behind BRIGHT Zine, will feature a co-working and events space on Hackney Road

May 14, 2019

'Plant-Based Meat Has Arrived' Says Expert As Impossible Foods Raises $300 Million Investment

The investment round is the largest ever funding haul for a plant-based meat company - and it highlights huge opportunities for new startups and big food companies according to the Good Food Institute

May 13, 2019

Vegans Will.I.Am And Jaden Smith Invest In Plant-Based Impossible Burger

The tech startup raised $300 million in its latest round of funding - bringing its total raised to more than a staggering $750 million

May 9, 2019

$13 Billion Invested In US Vegan Meat, Egg, And Dairy In 2 Years

'Shifting consumer values have created a favorable market for alternatives to animal-based foods, and we have already seen fast-paced growth in this space across retail and foodservice markets'

May 3, 2019

Vegan Beyond Meat Share Price Doubles As Company Debuts On US Stock Market

The company, which saw the biggest share surge of any debut listing since 2008, is now valued at a staggering $3 billion

April 8, 2019

'Vegans Pay Up To 65% More For Restaurant Meals' Says New Report

Data from examines the dining habits of what it calls 'selective eaters' and just how much they're willing to spend

April 5, 2019

Vegan, Vegetarian, And Meat-Free Labels 'Reduce Food Sales', Says Study

Researchers say they have identified four kinds of language restaurants and the food industry should avoid, and three it should embrace, to 'accelerate the shift'.

April 2, 2019

'Plant-Based Valley' To Open In UK To Accelerate Vegan Businesses

Vegan businesswoman Heather Mills has major plans for the future of vegan production in the UK

March 26, 2019

US Milk Dollar Sales Plunge By $1.1 Billion: Veganism Cited As A Factor

More consumers are opting for plant-based milk; meaning non-dairy products are flying off shelves, as people start to turn away from traditional dairy

March 10, 2019

Dairy Giant Danone Expects 300% Surge In Its Vegan Business By 2025

The major dairy company says it needs to 'follow the pockets of growth of where the consumer is' in order to keep growing and stay profitable

March 6, 2019

Heather Mills To Create 300 Jobs As Major New Vegan Factory Poised To Open

The entrepreneur, athlete, and vegan advocate recently purchased an old Walkers Crisps factory in the North East - and has revealed that operations will start soon

February 19, 2019

Greggs Shares Hit Highest Level Following Launch Of Vegan Sausage Roll

The animal-free alternative to its traditional meat and pastry snack was launched in January amid much fanfare and publicity

February 8, 2019

Dairy Farmers 'Quit In Record Numbers' - Vegan Activist Map And Data Laws Cited

Although the number of producers has fallen, herd sizes have not followed the same trend, with industry data showing the number of milking animals has increased

January 18, 2019

Vegan Entrepreneur Loui Blake Wins Major Business Accolade

Blake hit mainstream headlines last year when he opened three-story vegan restaurant Erpingham House in Norwich

January 16, 2019

Struggling Butcher Blames Vegan Boom For Decline In Custom

Now the business is being urged to tap into this vegan growth - by ditching animal products and focusing on selling plant-based food instead, attracting new custom

January 10, 2019

Scottish Vegan Meat Entrepreneurs Sign Major Distribution Deal

Glasgow-based Daring Foods say the deal means its plant-based meat alternative products could be served at 1,000 locations via the foodservice industry by the end of the year

January 9, 2019

Heather Mills Invests In Award-Winning Vegan Brand One Planet Pizza

The company plans to use the cash to upscale its operations and meet the increasing demand for its products, which will be launching in Ocado in February

January 1, 2019

World's First 100% Vegan PrePaid Virtual Card Launches

The card, which can exclusively be used in vegan establishments, saves you money by giving you cash back on every purchase

December 19, 2018

Unilever Acquires 'The Vegetarian Butcher' In Bid To Tap Into Vegan Market

The company's founder says Unilever's takeover means massive growth will be possible; he wants the brand to be 10x as big in two years

December 19, 2018

New Vegan-Only Job Site To Launch In January

The site is aimed at candidates and recruiters and will host vacancies for freelance, temporary, fixed term, zero hours and part-time jobs as well as permanent roles

December 13, 2018

James Cameron's Company Joins $140 Million Drive To Create Vegan Protein

An increasing number of people are turning towards plant-based protein; this new initiative aims to meet demand in the coming year

November 30, 2018

Global Hummus Market To Skyrocket Due To Rise Of Veganism

A new report outlines the factors boosting hummus sales - and the challenges this chickpea delicacy faces

November 2, 2018

Plant-Based Holding Company 'Kale United' Goes Live

Kale United wants to 'create a global ecosystem for plant-based companies to flourish'

September 26, 2018

Millennials Going Vegan Is 'Biggest Threat' To Burger Joints, Says Analyst

The number of millennials ditching meat means eateries must offer veggie options

September 19, 2018

Vegan Business Secures £7.5 Million Investment

Allplants is a plant-based meal delivery service

September 10, 2018

'Vegan Market Is Just Getting Started' Says Food Industry Report

It says the sector is growing rapidly due to the 'extensive adoption' of veganism

September 7, 2018

Vegan Supermarket 'Plant Based' Will Be First In Norwich

The outlet will offer food as well as cloths, crafts, and other goods

September 5, 2018

Vegan Entrepreneur Heather Mills Invests In LoveSeitan

The businesswoman has recently injected cash into multiple innovative plant-based businesses

August 8, 2018

Vegan Pizza Startup Plans Europe-Wide Expansion After Securing Major Investment

One Planet Pizza is UK's fastest growing frozen vegan pizza brand

August 7, 2018

Poultry Giant Invests In Plant-Based Seafood - After Partnering Vegan Beyond Meat

A number of forward-looking meat producers are turning their attention towards plant-based protein

August 6, 2018

Global Meat Giant Tyson Foods 'Unsatisfied' With Sales Results

The company says trade disputes are 'threatening its pork and chicken businesses'

August 3, 2018

Vegan-Only Holland & Barrett To Open Before Christmas And Sell Beauty Products

The outlets will stock more than 1,000 food and personal care items

August 3, 2018

Meat Groups Join Forces To Promote 'Health Benefits' Of Red Meat

The scheme comes as more and more people are actively reducing their intake of animal flesh

August 1, 2018

US Plant-Based Meat Sales Hit $670 Million Skyrocketing By 24%

The market for plant-based foods is growing rapidly

July 31, 2018

Sales Of Vegan Food Skyrocket To $3.3 Billion In One Year

The market continues to see huge growth - with experts saying veganism has 'gone mainstream'

July 18, 2018

Major Steak Restaurant Chain Gaucho Files For Administration

The business had been in talks with potential investors - which fell through

July 12, 2018

Finalists Announced In £100,000 Plant-Based Business Competition

The contestants will be making their pitches on Saturday

July 11, 2018

Vegan Entrepreneur Heather Mills Invests In Plant-Based Shake Brand

The successful businesswoman is on a mission to support smaller companies

July 4, 2018

Ecotricity Launches 'World's First' Vegan Electricity Tariff

Animal agriculture by-products are often used in generating electricity

July 3, 2018

Dairy Giant Dean Foods Acquires Majority Stake In Plant-Based Brand Good Karma

The company acquired a minority stake last year

July 2, 2018

Heather Mills Invests In Vegan 'Mylkman' Milk Delivery Service

The vegan entrepreneur and athlete wants to help plant-based businesses reach their full potential

June 7, 2018

Meat Industry 'Facing Unprecedented Disruption' From Vegan Alternatives

Consumers are increasingly opting for plant-based options

May 29, 2018

Plant-Based Business Pitching Competition Offers £100,000 Investment

The competition is an opportunity for plant-based entrepreneurs

May 29, 2018

'Dairy Industry Could Learn From Success of Dairy Alternatives', Says New Report

It says milk alternative products are 'picking up steam'

May 25, 2018

New Stock Index Helps Vegans Invest Ethically And Sustainably

The index excludes incompatible stocks

May 22, 2018

Plant-Based Business Bootcamp To Feature 'UK's Top Vegan Entrepreneurs'

Topics will include raising investment, marketing, leadership, self-care, and finances among others

May 17, 2018

Plant Based Foods Industry Contributes $13.7 Billion To U.S. Economy, Says Report

The data also shows the sector has created more than 60,000 jobs

April 26, 2018

$8.7 Trillion Boom In 'Sustainable Investments' As Ethical Investors Seek To Do Social Good

More entrepreneurs are becoming choosier when it comes to where they put their cash

April 16, 2018

Sainsbury's Launches Touch-Free Packaging For Millennials 'Scared Of Handling Raw Meat'

But campaigners say it would be easier (and more ethical) to simply stop eating meat

April 12, 2018

Tesco Profits Surge Following Release Of Plant-Based Ready Meal Range

The Wicked Kitchen line was launched in 600 stores this January

March 9, 2018

Welsh Dairy: New Report Shows Up To 75% Of Farms Are Unprofitable

The authors say findings suggest there are problems with the industry

March 6, 2018

Canadian Government To Invest $150 Million In Plant-Based Sector

The decision reflects increasing demand for plant-based protein

February 21, 2018

ASDA Credits Vegan Mince Pies For Increasing Its Christmas Sales

Store bosses said they 'really improved' their customer offering

February 13, 2018

$2.4 Trillion Group Of Investors Urges Companies To Make Plant Based Products

A new report shows that alternative proteins are rapidly going mainstream

January 30, 2018

Bill Gates Donates $40 Million To Help Create 'High Yield Super Cows And Chickens'

The response to his news has been mixed

January 24, 2018

Growing Vegan Population Driving $88.2 Million Projected Market For Potato Protein

Europe accounts for the largest share of the market

January 19, 2018

Major Meat Producer Cargill Invests In Pea Protein to 'Accelerate Production'

A wave of meat producers have pumped cash into plant-based businesses recently

January 18, 2018

Sales Triple After London Pub Goes 100% Vegan

Animal welfare concerns and sustainability inspired the boozer to go plant-based

January 16, 2018

Global Plant Milk Market To Surpass $34 Billion by 2024

Consumers are ditching dairy for a number of reasons

January 15, 2018

Companies Should Avoid The 'Vegan Label' To Maximize Sales, Expert Says

GFI's Co-Founder Bruce Friedrich believes 'plant-based protein' is more appropriate

January 11, 2018

Vegan Boom Is 'Genuine Shift Not Fad' Says Leading Analyst

Retailers are starting to tap into demand

December 11, 2017

Plant Based Foods Association To 'Ensure Success' Of Vegan Sector With Powerful New Members

10 'mission-based' investment firms joined the association as founding members

December 8, 2017

BREAKING: Meat Giant Tyson Increases Stake In Plant Based Beyond Meat

Producers are increasingly looking toward 'alternative' protein

December 7, 2017

UK Milk Alternative Sector To Soar By 43% Over Next Four Years

Over the same period dairy milk sales are expected to rise by just 5.2%

December 5, 2017

FORECAST: Plant Milk Market 'To Exceed $21 Billion' By 2024

Veganism, sustainability, and lactose intolerance are boosting the market

December 4, 2017

Veganism Is Driving Global Dairy Alternatives Market To Reach $14 Billion By 2022

Other drivers include lactose intolerance and health conscious consumers

November 22, 2017

Quorn: 'Brexit Won't Stop Investment Into Meat Free Food As We Go Global'

The brand currently already sells products in a number of countries

November 14, 2017

Global Soy Protein Market To Skyrocket Due To 'Increasing Inclination Toward Vegan Diet'

Plant-based diets are on the rise - and as a result, the soy protein market is thriving

November 9, 2017

Global Plant Based Protein Market To Reach $16 Billion By 2025

Vegan protein sources are increasingly becoming more mainstream

November 8, 2017

'Perception Issues' See Struggling SeaWorld Profits Nosedive Again

The company still hasn't overcome the fall out from 2013 documentary Blackfish

October 24, 2017

Plant Based Russian Entrepreneur To Revolutionize Vegan Scene In India

The businesswoman wants to make veganism mainstream

September 27, 2017

Win Cash For Your Vegan Business Idea At London Festival

Business people can give a 'Dragon's Den'-style pitch to try and secure the money

September 12, 2017

Increased Demand For Vegan Products Will See Egg Replacement Market Soar

The egg subsitute market is predicted to see a growth until 2023 - due to the increasing number of vegans

September 7, 2017

Beef, Eggs, And Dairy Are Seeing Massive Price Drops

Animal-based products have seen the longest period of deflation in 60 years

September 6, 2017

Top Plant-Based Business Leaders To Speak At Groundbreaking Conference

The conference is targeted at those interested in learning more about the plant-based market

August 21, 2017

PLUNGING PROFITS: Brazilian Meat Giant Reports 80% Profit Decrease

The company is reeling from recent a recent corruption scandal

August 15, 2017

Yorkshire Vegan Pop-Up Serves Low Cost Meals To Hungry Children

The innovative project uses food that would otherwise have gone to waste

August 14, 2017

Hampton Creek 'In Talks' With Global Meat Giants To License Its Cultured Meat Technology

CEO Josh Tetrick is on a mission to make cultured meat affordable for all

August 14, 2017

CNBC Reports On 'Vegan Mafia' Investing In Future Of Plant-Based Foods And Tech

The group invests in vegan products aimed at the mainstream market

August 10, 2017

Bank Of England Confirms It Will NOT Ditch Animal Fat From New Notes

The bank launched a consultation following outcry from religious and vegan groups

August 9, 2017

SeaWorld Posts Another Loss: Blames 'Perception Issues' Of Orca Treatment

The water park has been suffering financially since documentary Blackfish highlighted its treatment of killer whales

August 4, 2017

Vegans In The US Can Now Get Cheaper Life Insurance Thanks To Their Diet

There is mounting evidence to suggest that those on a plant-based diet live longer

June 8, 2017

Vegan Start-Up Hampton Creek 'Wards Off Attempted Coup'

Three executives were reportedly hoping to change the company's corporate structure

June 5, 2017

Switzerland Joins The Vegan Revolution With Opening Of Meat-Free Supermarket

The store sells prepared meals and produce as well as a range of non-food goods

May 16, 2017

Business Dropped Meat from Menu...And Saw Profits Rise

New York eatery took in more cash in the months before closure

May 16, 2017

Record Breaking £800,000 Cash Injection Launches Vegan Business allplants into Big Time

The massive investment will be used to bring plant-based food to mainstream major retailers

May 3, 2017

London's All Vegan Online Supermarket Is Now Open

GreenBay delivers more than 1,000 vegan products via their brand new online store.

February 17, 2017

Bank Note Controversy Sparks Vegan Debate

Opinion divided as Bank of England sticks with animal fat in notes

February 15, 2017

Investors Diversify From Tech Into Vegan Startups

Animal replacement next generation foods have earned investment focus as key stakeholders move their attention from tech to vegan food and beverage startups, according to CB insights

January 20, 2017

PETA Pressures Louis Vuitton By Buying Company Shares

The animal rights pressure group became a shareholder in the luxury brand in a bid to gain decision-making power

January 18, 2017

BREAKING: 'Fake News' Story Targets Vegan Supermarket Chain

Falsely accused of being bankrupt?!

December 27, 2016

Vegan Food Is So (Not) Expensive.

Today’s article is written in response to the erroneous notion that those consuming vegan diets face an inevitable financial disadvantage compared to omnivores.

December 8, 2016

£5 Bank Notes Unsuitable for Vegans and Vegetarians – Causes Outcry

Why many are enraged about the inclusion of animal fat in new UK bank note

November 14, 2016

Plant-Based Milk Sales Skyrocket

The plant-based milk industry is projected to rise to $21.7 billion by 2022