25 January 2024
25 January 2024
After a challenging 2023 for a once buoyant category, what lies ahead for plant-based meat?
The Australian Competition & Consumer Commission (ACCC) is to conduct a year-long inquiry into the supermarket sector.
The company said it will be initiating “change negotiations” with around 1,170 employees,
Mowi and Lerøy Seafood Group have already rejected the EC’s conclusions.
The Texas-based company purchased the building for development in 2023 and has plans to install a sous vide line.
Consumers are choosing lower-priced Orior products, resulting in lower margins, it said.
The two companies are in discussions over Hero’s Semper facility in Götene in the south of the country.
The Philippines business said meat alternatives are still facing a “challenging environment”.
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