Company Watch

Edmond Scanlon says Kerry Group ‘well positioned’ in plant-based products market

The firm slowed down launch of new products in the second half of last year in order to refine its current offering in the vegetarian and flexitarian market

Edmond Scanlon, chief executive , Kerry Group: ‘We achieved record organic revenue growth against the backdrop of an exceptionally dynamic operating environment.’ Picture: Maura Hickey

There has been an effort to “renovate” plant-based meat products to improve their taste and nutritional profile in recent months, the chief executive of Kerry Group has said.

Edmond Scanlon told analysts last week that there had been a slowdown in the launch of new plant-based products in the second half of last year as food companies sought to refine their offering.

Kerry Group has manufactured plant-based products for food service companies, including McDonald’s, which ...