Change in consumer buying behaviour has increased the demand for plant-based protein products. The two companies have signed a cooperation agreement to develop, produce and launch plant-based protein products in 2020.
Charoen Pokphand Foods PLC (CPF) reported an 23% increase in third quarter earnings from the same period last year despite a 6% lower sales revenue. Earnings in fourth quarter and in 2020 expected to increase further.
40% of U.S. exported pork goes to Canada and Mexico. Campaign illustrates how pork is enjoyed in across North America and highlights importance and benefits of the U.S.-Mexico-Canada trade agreement.
Vion CEO Ronald Lotgerink announced earlier this year to introduce meat alternatives as part of the company’s strategy of building food chains based on the market demand. Vion is now planning to open a dedicated plant-based site in Leeuwarden (NL).