- New Flagship Brands Targeting Gen Z, Giggling Pig and Happy Chicken, Developed and Manufactured Locally
- Entering High Growth Potential Market as Part of International Expansion Fueled by $535 Million Capital Raise in Company's First Year
- New Standard in China for Labeling Plant-Based Meat Takes Effect Today
LIVEKINDLY Collective, a collection of brands on track to become one of the world's largest plant-based food companies, today announced its launch in China with two new flagship brands, Giggling Pig ??? [Ge Ji Zhu] and Happy Chicken ??? [Ha Pi Ji]. Both have been developed and manufactured locally to cater to Chinese consumer tastes and are the first brands created in-house by LIVEKINDLY Collective.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210624006015/en/
LIVEKINDLY Collective introduces plant-based dumplings in China (Photo: Business Wire)
The two new brands cover a portfolio of seven innovative plant-based products based on beloved Chinese dishes, including plant-based dumplings, several mushroom-based dishes and a seasoned minced dish.
These new products will be available across China on June 25. Both brands are targeted at Gen Z, with two adorable cartoon characters, Giggling Pig and Happy Chicken, whose message is that consumers can enjoy great taste, excellent nutrition and a modern twist on heritage cuisine by eating plant-based food. China's plant-based market was nearly $1 billion in 2018, according to the Good Food Institute, and is projected to grow between 20 and 25% annually.
"China is one of the most exciting and strategic markets for the plant-based revolution, and a key pillar of our growth strategy," said Kees Kruythoff, CEO and Chairman of LIVEKINDLY Collective. "We are proud to launch these new flagship brands, which have been developed and manufactured for Chinese consumers, by Chinese experts. As we say: China for China, and at China speed."
"We're coming off a phenomenal first year, having become one of the top three highest-funded and fastest-growing plant-based food companies in the world," said Roger Lienhard, Founder and Executive Chairman of Blue Horizon Group and Founder of LIVEKINDLY Collective. "Our portfolio and model are global, and with the launch of our China office and delicious new products, we are closer than ever to achieving our mission of making plant-based living the new norm."
Since March 2020, in its first 12 months, LIVEKINDLY Collective has raised $535 million to fund its international expansion into China and other growth regions, as well as the company's strategic acquisitions, partnerships and investments in plant-based innovation.
In addition to the newly created Giggling Pig and Happy Chicken, LIVEKINDLY Collective has five plant-based food brands in its portfolio Oumph!, The Fry Family Food Co., LikeMeat, No Meat, and The Dutch Weed Burger as well as digital media company LIVEKINDLY.
"We are thrilled to launch in China with these incredible brands and delicious innovative products that we have crafted from scratch, in China for China," said Joanna LiuQiao, Regional Director, Greater China at LIVEKINDLY Collective. "China has a long history in plant-based cuisine and has been cooking with ingredients like seitan, tofu and tempeh well before it was mainstream. We understand what works and doesn't work for this market, and our new brands are delicious, high-quality and tailored to local consumer tastes."
Today also marks the adoption of China's first standard for labeling "plant-based meat products," which are now defined as food products that use plant-sourced materials or their processed products as sources of protein or fat. This standard, issued by the Chinese Institute of Food Science and Technology ("CIFST"), signals the rapid growth in demand for plant-based meat in China.
About LIVEKINDLY Collective
LIVEKINDLY Collective was founded by Blue Horizon Group on the belief that plant-based alternatives have the power to make the global food system sustainable. Its mission is to make plant-based living the new norm. As a collective of founders, entrepreneurs and business leaders from across the globe, LIVEKINDLY Collective is uniquely positioned to create impact with speed, at scale. Through its portfolio of brands, Oumph!, The Fry Family Food Co., LikeMeat, No Meat, and The Dutch Weed Burger, LIVEKINDLY Collective is providing consumers around the world with healthy, sustainable, delicious food options. Furthermore, the company is the voice of the plant-based movement, communicating informative, entertaining and inspiring content through its media and lifestyle platform, LIVEKINDLY, at www.livekindly.com and @livekindlyco on Instagram. LIVEKINDLY Collective has 500 employees and sells in more than 40 countries around the world. To learn more, visit www.thelivekindlyco.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210624006015/en/
Contacts:
Marta Tomczak
press@thelivekindlyco.com
