Canned tuna producer sees future in plant-based food
The world’s biggest canned tuna producer, Thai Union, signed a memorandum of understanding with V Foods (Thailand) – the Thai producer of More Meat plant-based protein and V Farm plant-based food.
Under the MoU, the two companies will utilise Thai Union’s manufacturing facilities for the production of both V Foods’ existing products and new products in future development.
Thai Union, which operate under brands such as as John West in the UK, Petit Navire in France, Mareblu in Italy and Chicken of the Sea in the USA, rakes in annual sales exceeding US$ 4.2 billion.
Speaking of yesterday’s announcement, Thiraphong Chansiri, CEO of Thai Union commented: “At Thai Union, innovation is crucial in developing and growing our business, and alternative proteins are an important innovative product that we aim to deliver to meet the needs of consumers.
“We are pleased to start our journey with V Foods, whose vision on innovation and food is a great fit for our core values. We look forward to working with them.”
Apirak Kosayodhin, CEO at V Foods, said, “V Foods puts innovation at the heart of its business, starting from research and development to quality sourcing from the farmer network, in order to offer quality food to consumers who are more focused on their well-being, are environmentally-conscious and therefore looking at sustainable food.
“We are excited about the opportunity to collaborate with Thai Union on alternative proteins and ready-to-eat, plant-based food, and to drive growth in the Thai market while continuing to explore international markets.”
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