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April 9, 2021updated 11 May 2021 6:59pm

OmniPork owner Green Monday to open plant in China

By Dean Best

Green Monday Group, the Hong Kong supplier of plant-based meat, is set to open its second manufacturing plant.

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The factory will be the company’s first in China, Green Monday, the owner of the OmniPork range of meat alternatives, said.

Green Monday told just-food the greenfield site in Guangdong will start production in the third quarter of the year.

"It will be focusing on our own Omni products and mostly for domestic consumption within mainland China," the company said.

Green Monday, which launched OmniPork in 2018, sells products in more than ten markets including Hong Kong, China, Japan, Singapore and Australia. In another of those markets, Thailand, the company has its current factory.

A third manufacturing facility could be in the offing. Green Monday said it is planning to set up a plant in Taiwan but the project will not be finalised until later in the year. "We won't have more details to disclose until Q3 or Q4 this year, partially dependent on [the] Covid situation," the company said.

There are three more countries Green Monday is looking to enter in 2021. "We also hope to further open up markets in South Korea, Indonesia and the US," it added.

Green Monday declined to disclose its sales and net income for 2020, nor its forecasts for this year.

Yesterday, Beyond Meat, the US-based meat-free business, officially opened its planned manufacturing site near Shanghai, a project first announced in September.

Meanwhile, on Wednesday, in a further sign of corporate investment in Asia's fledgling but growing markets for plant-based meat products, Nestlé unveiled its new manufacturing facility in Malaysia, which will make plant-based protein products under the company's Harvest Gourmet brand.

Related Companies

Free Whitepaper
img

What is the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry?

While wanting to protect the country from being overwhelmed by Omicron, China’s adherence to a Zero-COVID policy is resulting in a significant economic downturn. COVID outbreaks in Shanghai, Beijing and many other Chinese cities will impact 2022’s economic growth as consumers and businesses experience rolling lockdowns, leading to a slowdown in domestic and international supply chains. China’s Zero-COVID policy is having a demonstrable impact on consumer-facing industries. Access GlobalData’s new whitepaper, China in 2022: the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry, to examine the current situation in Shanghai and other cities in China, to better understand the worst-affected industry sectors, foodservice in particular, and to explore potential growth opportunities as China recovers. The white paper covers:
  • Which multinational companies have been affected?
  • What is the effect of lockdowns on foodservice?
  • What is the effect of lockdowns on Chinese ports?
  • Spotlight on Shanghai: what is the situation there?
  • How have Chinese consumers reacted?
  • How might the Chinese government react?
  • What are the potential growth opportunities?
by GlobalData
Enter your details here to receive your free Whitepaper.

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