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Milk-free Milo and meatless 'pork': Nestlé and other brands bet big on plant-based food in Asia


Milk-free Milo and meatless ‘pork’: Nestlé and other brands bet big on plant-based food in Asia
Milo chocolate milk has been hugely popular in Southeast Asia for decades. Now the breakfast and teatime favorite is about to get shaken up the cocoa powder will be offered as a dairy-free, ready-made beverage.
The product is one of
Nestlé’s newest plant-based inventions, and it will be launched in the region this week, the company told CNN Business. Starting Thursday, the drink will hit supermarkets in Malaysia, and the Swiss multinational plans to sell it in other countries soon. (The company already offers plant-based Milo ....

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Milk-free Milo and meatless 'pork': Nestlé, Impossible and other brands bet big on plant-based food in Asia


Milk-free Milo and meatless pork : Nestlé, Impossible and other brands bet big on plant-based food in Asia
CNN
14 mins ago
© Nestle
Milo chocolate milk has been hugely popular in Southeast Asia for decades. Now the breakfast and teatime favorite is about to get shaken up the cocoa powder will be offered as a dairy-free, ready-made beverage.
The product is one of Nestlé s newest plant-based inventions, and it will be launched in the region this week, the company told CNN Business. Starting Thursday, the drink will hit supermarkets in Malaysia, and the Swiss multinational plans to sell it in other countries soon. (The company already offers plant-based Milo in Australia and New Zealand, but in the traditional powder form.) ....

Western Australia , United States , New Zealand , Hong Kong , Chris Johnson , James Cameron , David Yeung , Dennis Woodside , Juan Aranols , Blair Crichton , Johnny Teo , Asia Pacific , Euromonitor International , Chinese Nutrition Society , Taco Bell , Pizza Hut , Southeast Asia , Starting Thursday , Impossible Food , Cafe Siam , Impossible Foods Food , Beyond Meat , Green Monday , Hong Kong Based , Yum China , Enterprise Singapore ,

Impossible Burgers Are About To Get Much Cheaper in Stores


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Today, Impossible Foods announced that its retail prices will decrease by 20 percent over the next month. The new suggested retail price (SRP) of a two-pack of Impossible Burgers will be $5.49 (down from $6.99) and the SRP for a 12-ounce package of Impossible meat will drop to $6.99 (down from $8.99). While the prices at individual stores may differ, the move is meant to make plant-based meat more competitive with beef the average cost of which is approximately $4.80 per pound.
“While we would not and could not require grocery stores to cut prices, grocery store customers and distributors are in fact consistently passing along our economies of scale to their own customers,” Impossible Foods President Dennis Woodside said. “Impossible products are becoming increasingly affordable, and this in turn is accelerating our rapid retail growth. It’s a virtuous cycle for our customers, consumers, and the planet.”  ....

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