Nestle to Sell Plant-based Eggs and Shrimp

Nestlé has unveiled plant-based versions of shrimp and eggs as the world’s largest food company tops SFr1bn ($1.1bn) a year in sales of vegetarian and vegan products thanks to changing diets and environmental concerns.

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The company’s “vrimp”, made from seaweed, peas and the roots of konjac, or elephant yam, and liquid egg alternative, called “vEGGie”, made with soy protein, are the latest products in a range that includes versions of chicken, tuna, burgers and milk.

Along with rivals such as Unilever, the group is racing to build a portfolio in plant-based proteins, betting that consumers will partly switch away from meat and dairy because of their different nutrient profiles and higher carbon dioxide emissions.

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SOURCE: Financial Times

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