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Nestle Tests Plant-Based Frontier With Vegan Eggs and Shrimp

(Bloomberg) Nestle SA is introducing plant-based alternatives for eggs and shrimp as the world’s largest food company attempts to beat rivals in expanding further in protein substitutes. The vegan versions of egg and shrimp can be used in cooking and meals just like the original products, the Swiss food giant said Wednesday. They will be introduced in a limited number of stores in a few European markets under the Garden Gourmet brand. The egg substitute, which is in liquid form, contains soy protein and omega-3 fatty acids, while the faux-shrimp is made of seaweed, peas and a plant called konjac found in Asia. Nestle, the maker of Nespresso coffee and DiGiorno pizza, has been doubling down on its efforts to expand its plant-based offering after initially lagging rivals in joining the vegan trend. While upstart companies like Beyond Meat Inc. made meat substitutes mainstream, Nestle is counting on its vast distribution network to bring its products to consumers via supermarkets arou ....

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