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European health food giant Holland & Barrett is looking for 500 new vegan product lines this year, as the retailer looks to launch its first ever standalone vegan store. Read more here:
Also on the same track is upmarket grocer Waitrose who aims to have the first dedicated vegan section in a British Supermarket.
According to a report in NaturalProductsGlobal, Chloe Graves, Waitrose’s chilled vegetarian and vegan buyer, said: “Our current selection of products has been selling really well week after week, with requests for more choice coming from our customers and partners, so we could clearly see there was an appetite to have more vegetarian and vegan options in our shops."
The report went on to say that Waitrose had reported sales of vegan and vegetarian foods are up 34% on last year, reflecting the growing popularity of plant-based alternatives.
Selling to the multiples from manufacturers point of view can be a dream come true but it comes at a cost to the manufacturer too. The multiples know they are an attractive buyer and can set the rules, insisting on high margin, strict delivery terms, long payment terms and financial penlaties.
HealthFoodWholesaler.co.uk aims to present independents with a wide selection of mainstream and artisan manufactureres of vegan, ethical and healthy products where trade can be attractive for the manufacturer and the retailer. Manufacturers are paid upfront and in return, retailers enjoy a healthy margin allowing them to compete better with large stores like H&B.
For the latest vegan products, make sure you're signed up to our newsletter and check the HFW website new products list site as we add more manufacturers.