The news from 50 vegan publishers and animal rights charities are automatically posted here
News feed updated every 5 minutes

Russian Butter Giant to Launch Soy Milk at Same Price as Cows’ Milk

August 25, 2021
From Vegconomist

Russian Butter Giant to Launch Soy Milk at Same Price as Cows’ Milk – vegconomist – the vegan business magazine

  • August 25, 2021


    Voiced by Amazon Polly

    , one of Russia’s largest butter and oil producers, has announced it is to begin producing soy milk. The company will invest 600 million rubles ($8 million) in the venture, with the aim of producing a thousand tons of milk per month.

    The soy milk will cost the same as cows’ milk. This is significant because disparities in price often prevent consumers from switching to

    According to our Russian correspondent Alexey Ivanov from , EFKO has already begun selling small test batches of soy milk under its Hi! brand. Mass production will begin in the autumn, on a large enough scale to compete with all the country’s existing plant milk producers.

    EKFO is the largest soybean processor in Russia, and it will initially only produce soy milk. However, the company says it may later branch out to make milk from sunflower, oats, buckwheat, and flax.

    EKFO also last year, again under the Hi! brand. Its range currently consists of plant-based nuggets, mince, and burgers.

    ekfo hi nuggets
    © EKFO Group

    Plant-based in Russia

    The Russian plant milk market is already worth $70 million — however, this is still only a 1% share of the entire milk market, indicating that there is huge potential for growth.

    Plant-based diets are beginning to take off in the country, with taking place there earlier this year. The arrival of Beyond Meat in 2019 triggered a spike in interest in meat alternatives, with a study showing that would be willing to incorporate them into their diets.

    Following this surge in interest, several new plant-based companies have sprung up in the country. When alt-meat brand Welldone launched, its sales quickly .

    “Today more and more people in Russia are starting to think about their diet,” said Welldone CEO Alexander Kiselev. “They understand that there are ingredients in animal meat which are not good for them, such as cholesterol. The plant-based market is poised to grow very quickly in Russia and Eastern Europe.”

    Discuss In The Forum


    PETA-Certified Vegan T-shirts ★ Free Shipping

    I am not a nugget
    Vegan all star. Defend animals
    Love animals don't eat them
    Not your mom not your milk - go vegan !
    Animals are my friends and I don't eat my friends
    Go vegan
    Meat is murder
    Worship seitan
    May the vegan force be with you

    vegan shirts

    All content sourced from external websites. Opinions are those of the contributors and are not necessarily endorsed by or its partners. [Disclaimer]