28 November 2023
28 November 2023
CEO Dalton Philips told Just Food the food-to-go supplier is moving into phase two of a recovery plan.
Rügenwalder Mühle is a traditional sausage maker which has evolved in recent years to make alt-meat products.
The dairy group made the decision to sell following a strategic review.
The group will use low-carb and sugar reduction ingredients in its drinks, bakery and snacks line, starting in 2024.
The deal relates to the premises only and the fate of the 475 employees at the site remains uncertain.
A Scottish charity stated that langoustine fishing methods have caused “significant problems” in the supply chain.
The company pointed to consumer concerns over the economy in China and North America.
The CDC said 99 cases of infection had been disclosed across 32 states.
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Per GlobalData, the global vegan cheese market will be valued at $1.4 billion in 2023 and is expected to grow at a CAGR of 16.7% by 2030, primarily driven by the rise in the vegan and vegetarian population. However, its production often involves more complex processes and expensive ingredients like nuts or plant-based proteins, leading to higher production costs, which are then passed on to consumers, making vegan cheese more expensive per unit compared to dairy cheese, which could thereby impede its widespread adoption.
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