Veggie and vegan brand Quorn - famous for its alternative meat-style products - is set to ramp up production to meet the growing demand for meat-free food.
The company posted increased global sales of 19 per cent over the first half of 2017, with UK sales booming by 15 per cent.
Quorn Chief Executive, Kevin Brennan, said: "We’re actually tracking ahead of expected growth. We’re very pleased with the breadth of growth around world; strong UK as well as growth and general progress in US and other international markets."
The company will now invest hundreds of millions of pounds building up its infrastructure as part of plans to become a 'billion dollar brand' over the next 10 years.
A £150 million investment in its Teeside facility will see 300 jobs being created.
According to Quorn, this investment will make the facility the biggest of its kind in the world.
Some of our articles are published as a team, which means the article has been produced by a collection of people rather than one author. If you have any questions regarding what is written above please contact us.
Disclaimer: The opinions expressed in this article are prepared in the author's capacity and do not necessarily reflect the views and opinions of Plant Based News itself.
Since you're here...
Plant Based News is a FREE service that receives millions of views each week on Youtube, Facebook, Instagram, Twitter, our weekly newsletter and this website. This takes a lot of our personal time, money and hard work. But we do it because we KNOW it makes a difference. If those following our reporting helped by contributing, we could do even more. Please consider supporting us so we can create further awareness about animal rights, environmentalism, ethical consumerism and the plant-based lifestyle. Not a false narrative - but information that empowers people to make better choices.