Sector News

Plant-based start-up makes UK debut, launches vegan meat alternatives

October 10, 2018
Consumer Packaged Goods

New UK start-up food company, The Meatless Farm Co, has launched its first products in the UK. The 400g fresh mince and two pack 227g fresh burger patties, which, according to the company are lovingly made from plants, will be available exclusively in Sainsbury’s from mid-October. The move comes as the plant-based sector is thriving, not only in the UK but globally, too.

Vegan products are becoming much more mainstream, evidenced by a much higher prevalence of food companies moving straight beyond vegetarian to vegan. The plant-based food market is growing at double-digit rates and is expected to reach US$5.2 billion worldwide by 2020.

According to data from Innova Market Insights, there has been a 45 percent average annual growth of food and beverage launches with a vegan positioning (CAGR, 2013-2017). New launches with a vegan positioning increased its market penetration in Europe from 1.5 percent in 2013, to 7 percent in 2017.

The trend in plant-based foods is not slowing down either. A CAGR in products featuring the plant-based claims such as “plant-based” and “100 percent plant,” has been +60 percent from 2012-2016.

Made in the UK and ideal for everyday cooking, The Meatless Farm Co has created plant-based mince and burgers that are meat-free, not taste-free.

Morten Toft Bech, Founder of The Meatless Farm Co, says: “We have spent the past two years developing a product that is delicious and unique in its category. We are entering the market at a time when demand is growing and meat-free alternatives are becoming increasingly mainstream. We champion texture and taste, offering an everyday solution for the UK’s 22 million flexitarians wanting to enjoy favorite family dishes still but eat a little less meat, alongside catering for vegetarians and vegans who are looking for tasty alternatives.”

The Meatless Farm Co is investing in a significant national marketing program and working in partnership with Sainsbury’s to drive consumer awareness and trial. Research has shown that women and millennials are driving the demand for meat-free and The Meatless Farm Co believes that its products will help meet demand and offer the retail sector a brand which stands out from the competition. In addition to being high in protein, just like meat, the mince and burgers are competitively priced against their meat counterparts, offering the trade a credible and desirable choice for meat-free sales in-store.

There is a global shift in the way people eat and the alternative meat market is expected to be worth billions by 2020, according to the company. The Meatless Farm Co wants to lead this change, become a household name and brand leader in plant-based proteins and drive sales value for their retail partners.

The Meatless Farm Co mince and burgers are available exclusively at Sainsbury’s, Mince – 400g, RRP £3.00 (US$3.95), Burgers – 227g, RRP £2.50 (US$3.29).

FoodIngredientsFirst has reached out to The Meatless Farm Co for further details.

Sainsbury’s seem to be jumping on the meat-free bandwagon. Last week, FoodIngredientsFirst reported that Vivera launched its latest breakthrough in plant-based hamburgers, with the product making its debut in Sainsbury’s last weekend.

By: Food Ingredients First

Source: Food Ingredients First

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