• Menu
  • Menu
  • Business
  • Subscribe now
    Digital subscription Print+Digital (Bundle) ePaper
  • Logout
Digital subscription
Print+Digital (Bundle)
ePaper
Trending
UAE holidays Videos Classifieds Credit Card Deals
  • Latest News
  • UAE
    • People
    • Science
    • Government
    • Education
    • Crime
    • Emergencies
    • Environment
    • Health
    • Transport
    • Weather
    • Ask the Law
  • Living In UAE
    • Visa+Immigration
    • Housing
    • Phone+Internet
    • Banking
    • Transport
    • Health
    • Education
    • Relocate
    • Reader Queries
    • Safety+Security
  • Business
    • Banking & Insurance
    • Aviation
    • Property
    • Tax News
    • Corporate Tax
    • Analysis
    • Travel & Tourism
    • Markets
    • Retail
    • Corporate News
    • Tech
    • Auto
  • Best Buys
    • Electronics
    • Home and Kitchen
    • Offers
    • Consumables
    • Lifestyle
  • Your Money
    • Saving and Investment
    • Budget Living
    • Taxation
    • Expert Columns
    • Community Tips
    • Cryptocurrency
  • Food
    • Cooking and Cuisines
    • Guide to Cooking
    • Food Show
    • Videos
  • Friday
    • Beauty
    • Wellbeing
    • Art & People
    • Home
    • Friday Partner
  • Games
    • Daily Crossword
    • Sudoku
    • Word Search
    • Spell It
  • Podcasts
  • World
    • Gulf
      • Bahrain
      • Kuwait
      • Oman
      • Qatar
      • Saudi
      • Yemen
    • Mena
    • Europe
    • Africa
    • Americas
    • Asia
      • India
      • Pakistan
      • Philippines
    • Australia-New Zealand
    • Corrections
  • Opinion
    • Columnists
  • Special Reports
  • Things To Do
    • Events & Concerts
    • Bars, Clubs & Pubs
    • Cafes, Restaurants & News
    • Going Out
  • Parenting
    • Pregnancy & Baby
    • Learning & Play
    • Child Health
    • For Mums & Dads
    • Ask Us
    • Games
  • UAE Success Stories
  • Photos
  • Sport
    • UAE Sport
    • Cricket
      • IPL
    • Motorsport
    • Football
      • Premiere League
    • Tennis
    • Golf in UAE
      • UAE
      • World
      • Photos & Videos
      • Course Reviews
      • Learn to Play
      • Gear
    • Olympics
  • Entertainment
    • Hollywood
    • Bollywood
    • South Indian
    • Music
    • OTT
  • Auto
  • Lifestyle
    • Health+Fitness
  • GN Reach
  • Tech
    • Electronics
    • Gaming
    • Media
  • Videos
    • Best Of Bollywood
    • News
    • Entertainment
    • Business
    • Sport
    • Community
  • Special Features
    • Supplement eBook
  • The Kurator
    • Life
    • Luxury
    • Style
  • Gold-Forex
  • Gratuity Calculator
  • Notifications
  • Coupons
  • Gold/Forex
  • Prayer Times
  • ePaper
  • GN Store
  • About Gulf News
  • Contact us
  • Work with us
  • Terms and Conditions
  • Privacy Policy
  • Advertise with us
  • Reach by GN
  • GN Focus
  • Gulf News epaper
  • Sitemap
  • Have your say
  • Printing Services
    • © Al Nisr Publishing LLC 2024. All rights reserved.
    Chinese firms bet on plant-based meat as COVID-19 fuels healthy eating trend

    Photos

    Login / Sign Up
    Logout
    Friday, November 22, 2024
    Gold / Forex

    Photos Business

    All Sections

    Chinese firms bet on plant-based meat as COVID-19 fuels healthy eating trend

    Vegetarian alternatives to meat are gaining ground following health scares like COVID-19

    Published:  September 15, 2020 16:19 Reuters  and  Compiled by Nathaniel Lacsina, Senior Web Editor
    Follow us
    1 of 12
    Plant-based meat gallery
    Beijing: A small but growing coterie of Chinese companies are betting on a bright future for plant-based meat products as consumers take their health more seriously in the wake of the COVID-19 pandemic. Image Credit: Reuters
    2 of 12
    Plant-based meat gallery
    Though still a niche business compared to China's giant meat supply chain, vegetarian alternatives to meat are gaining ground following health scares like the novel coronavirius and African swine fever, analysts and industry insiders said. Image Credit: Reuters
    3 of 12
    Plant-based meat gallery
    US-based Beyond Meat Inc said last week it had signed a deal to open a production facility near Shanghai and earlier this year launched a partnership with Starbucks Corp for its plant-based meat products to be sold by the cafe giant in China. Image Credit: Reuters
    4 of 12
    Plant-based meat gallery
    Beijing-based startup Zhenmeat, whose products include plant-based meatballs, beef patty, steak, pork loin, crayfish and dumplings, is one of many small Chinese companies entering the market. Image Credit: Reuters
    5 of 12
    Plant-based meat gallery
    Its "meatballs" are now available on a trial basis at a Beijing store of Chinese hot-pot chain Hope Tree. Image Credit: Reuters
    6 of 12
    Plant-based meat gallery
    "Now after COVID-19 consumers are more concerned about health and restaurant brands are responding to this" Zhenmeat founder and CEO Vince Lu told Reuters in an interview, adding that sales were "up considerably" since June. Image Credit: Reuters
    7 of 12
    Plant-based meat gallery
    Many curious customers at the Beijing Hope Tree restaurant said the meatballs - made from a base of pea and soy protein - tasted like tofu. Image Credit: Reuters
    8 of 12
    Plant-based meat gallery
    Actually you can tell that it isn't meat but the feel of it in your mouth is very similar to beef. And I guess that plant-based meat is a little healthier than beef" said Audrey Jiang, 30. Image Credit: Reuters
    9 of 12
    Plant-based meat gallery
    China Market Research Group Director Ben Cavender said the key to the future of the plant-based meat market was the taste. "When we interview consumers the vast majority say they're open to trying these products once," he said. Image Credit: Reuters
    10 of 12
    Plant-based meat gallery
    "But the big question is how do they like it? Do they see how they can fit it into their diet on daily basis, whether that's cooking at home or at restaurants? But if they do like it they'll keep buying." Zhenmeat's Lu said there was a lot of competition in the market but the real competitor was the meat industry itself. Image Credit: Reuters
    11 of 12
    Plant-based meat gallery
    The most important thing is that our true competitors are not those global giants who have already achieved great success such as Beyond Meat or Impossible Foods" he said. Image Credit: Reuters
    12 of 12
    Plant-based meat gallery
    "Our true competitor is the whole livestock sector. It's the animal protein industry." Image Credit: Reuters

    Trending

    • Look: The winter smog that grips Delhi’s air quality

      Look: The winter smog that grips Delhi’s air quality

    • 31 actors in Hollywood with Arab roots

      31 actors in Hollywood with Arab roots

    • Look: La Tomatina festival paints Spanish town red

      Look: La Tomatina festival paints Spanish town red

    • See: Hasma Desert gaining popularity among explorers

      See: Hasma Desert gaining popularity among explorers

    • Photos: Sharjah Book Fair 2024 draws massive crowds

      Photos: Sharjah Book Fair 2024 draws massive crowds

    • Look: 10 most expensive cities to live in

      Look: 10 most expensive cities to live in

    Latest In

    • Trending: Ex-teacher gets 30 years; Foggy Abu Dhabi

      59 minutes ago

    • Are UAE shoppers ready for Black Friday '24 discounts?

      1 hour ago

    • Sharjah’s art book fair celebrates creativity

      1 hour ago

    • Is Rahul Gandhi abandoning Congress to save himself?

      1 hour ago

    • Australia’s social media ban for kids sparks debate

      1 hour ago
    Go back to top
    Network links:
    • GN Store
    • About Gulf News
    • Contact us
    • Work with us
    • Terms and Conditions
    • Privacy Policy
    • Advertise with us
    • Reach by GN
    • GN Focus
    • Gulf News epaper
    • Sitemap
    • Have your say
    • Printing Services
    Find us on Social
    © Al Nisr Publishing LLC 2024. All rights reserved.
    This website stores cookies on your computer. These cookies are used to improve your experience and provide more personalized service to you. Both on your website and other media. To find out more about the cookies and data we use, please check out our Privacy Policy.
    Share on Facebook
    Share on Twitter
    Share on Whatsapp
    Share on Mail
    Share on LinkedIn
    Copy link
    Follow on Whatsapp
    Follow on Google
    Follow on Telegram
    Close
    Gulf News

    Get Breaking News Alerts From Gulf News

    We’ll send you latest news updates through the day. You can manage them any time by clicking on the notification icon.

    Subscribe No Thanks