Daily Management Review

Nestle's Head: Veggie meat is new megatrend


07/09/2019


According to the chief executive officer of Nestle, the world's largest producer of food products, the veggie "meat" will turn from an exotic alternative into a "significant megatrend."



Public Domain Pictures
Public Domain Pictures
In an interview with the MarketWatch, Mark Schneider said that his company is developing a large range of products based on vegetable "meat".

In April 2019, Nestle announced plans to soon introduce burgers with vegetable meat in Europe and the USA.

The topic of alternatives to meat products has recently attracted more and more attention, in particular against the background of a sharp increase in the shares of Beyond Meat, which held an IPO in early May 2019, as well as attracting financing for Impossible Foods.

A number of experts and organizations have repeatedly called for a cautious approach to evaluating such products against the background of growing interest in it. In particular, safety of soybean leghemoglobin, which is used as one of the main ingredients in the production of synthetic meat, has already arisen in the World Health Organization, as well as in the Food and Drug Administration (FDA, Ministry of Health and US Social Services).

At the same time, in general, the supply of vegetable meat as a kind of "healthy food" is rather another marketing move: this is a synthetically created product that can be modified and subjected to multiple processing - in fact, it is a semi-finished product called "vegetable meat".

source: marketwatch.com






Science & Technology

Apple to come up with AR glasses

WEF: Big data regulation becomes a problem

Israeli Firm Accused Of Spying By WhatsApp, Lawsuit Filed Against It

Google Used Quantum Computer To Solve Complex Problem

Mars Had Earth-like Salt Lakes

Study: AI is not as profitable as you might think

Porsche, Boeing set to develop flying electric car

Samsung to invest $ 11 billion in new generation displays

US is betting on Nokia and Ericsson to replace Huawei

UPS becomes first to receive full regulatory approval for UAV shipping in USA

World Politics

World & Politics

‘We Are Woefully Underprepared’ As Glaciers Meltdown Leaving Global Water Supply At Risk

US to reconsider medical data security laws

Vale hiding information about problems at Brazilian dams could result in death of 270 people

US Lawmakers Introduce Bill About Xinjiang Uygur Camps In China

European Council agrees to extend Brexit again

Pressure From China Forces Maserati To Dissociate From Film Awards Event In Taiwan

China to replace Hong Kong's Carrie Lam

Iran warns of new reduction in nuclear deal liabilities