Published: 7 October 2022
Last updated: 5 March 2024
Vgarden, which produces plant-based, dairy-free cheeses, spreads, pastries, meat and fish, already supplies Pizza Hut, Costco and Woolworths.
Vgarden (Mashu Mashu in Israel) will partner with Australian company Cale and Daughters to build its first overseas production facility in Brisbane.
The facility will replace a traditional dairy product processing plant and is set to employ 50 people once it’s fully up and running by late next year.
According to the Good Food Institute, Israeli companies are leading the world in food tech investments in the plant-based alternative proteins sector, and come second only to the US in funds invested in the alternative protein industry as a whole.
The alternative proteins sector includes plant-based substitutes for meat, dairy, and egg, cultivated dairy, meat and seafood made from cells, and various fermentation processes and products.
A recent report published by Fortune Business Insights predicted that the global vegan food market will grow from $26.16 billion in 2021 to $61.35 billion in 2028.
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Israeli plant-based vegan food company to build production facility in Australia (Times of Israel)
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