Unilever announced a new annual global sales target of €1 billion from plant-based meat and dairy alternatives, within the next five to seven years. The growth will be driven by the roll-out of The Vegetarian Butcher as well as increasing vegan alternatives from brands including Hellmann’s, Magnum and Wall’s.
The target is part of Unilever’s ‘Future Foods’ ambition, launched globally today with two key objectives: to help people transition towards healthier diets and to help reduce the environmental impact of the global food chain, as it was informed in the press release.
Unilever, which also makes Lipton, Ben & Jerry’s and Knorr, has also committed to: halve food waste in its direct global operations from factory to shelf by 2025 – five years earlier than previously committed, as part of the Champions 12.3 coalition target; double the number of products delivering positive nutrition globally by 2025 – defined as products containing impactful amounts of vegetables, fruits, proteins, or micronutrients like vitamins, zinc, iron and iodine; continue lowering calorie, salt and sugar levels across products - 85% of Unilever’s global Foods portfolio will help consumers reduce their salt intake to no more than 5g per day, by 2022; 95% of Unilever’s packaged ice cream will not contain more than 22g of total sugar, and 250 Kcal per serving, by 2025. This is in addition to the company’s children’s ice creams, which have been capped at 110 kcal since 2014.
Unilever - the Dutch company, one of the world leaders in the food and household chemicals market. Headquarters - in Rotterdam and London. Founded in 1930 as a result of the merger of the Dutch margarine manufacturer Margarine Unie and the British soap industry pioneer Lever Brothers in order to economize on the scale of supply: both producers imported massively palm oil.
