Nestlé To Build New Plant-Based Food Facility In China

Food giant Nestlé announced plans to spend CHF100 million (€94.4 million) on expanding its manufacturing footprint in China to include a new plant-based food facility and widen its production lines.

The company said its first plant-based food facility for Asia would be built in Tianjin Economic-Technological Development Area (TEDA) and that it could launch faux meat products by the end of this year.

Chinese consumers have been steadily shifting to plant-based diets over the past few years, in part due to a devastating pig disease and bruising Sino-US trade war driving up meat prices. And now with the coronavirus crisis, several consumers are also rethinking their diets.

ESM