on Veganz Group AG (isin : DE000A254NF5)
Veganz Group AG Launches Mililk® for Rewe Group
Veganz Group AG, a prominent vegan product manufacturer, has announced the launch of Mililk®, a new patented plant-based milk, produced using advanced 2D printing technology. This innovative product will be supplied under the Rewe Group's private labels, Food For Future and Rewe Bio. As of now, Bio Mililk® Barista is available in over 3,700 Rewe locations across Germany and is being promoted in 2,000 Penny stores. This launch marks a significant step in Veganz's strategic shift towards becoming a prominent developer of vegan innovations.
According to the company, this launch aligns with the growing market demand for plant-based milk alternatives in Germany, which saw retail sales hitting €616 million in 2023. Private labels represented 21.4% of this market share. Veganz Group AG is headquartered in Ludwigsfelde, Germany, and focuses on producing and distributing various vegan food products globally.
R. H.
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