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Unilever aims for $1.6b sales from plant-based products by 2027

London | Unilever is aiming to increase its annual sales of plant-based meat and dairy alternatives to €1 billion ($1.6 billion) in five to seven years, intensifying the battle for the plates of climate-conscious consumers.

The target far exceeds the €200 million of sales the consumer goods group expects from plant-based substitutes this year. Unilever said its Vegetarian Butcher brand acquired two years ago was growing “explosively”.

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    Original URL: https://www.afr.com/companies/retail/unilever-aims-for-1-6b-sales-from-plant-based-products-by-2027-20201118-p56fsd