A setback affects Monde Nissin’s US plant-based beef industry.
A setback affects Monde Nissin’s US plant-based beef industry. As part of its fiscal 2022 results, Monde Nissin Corp., the owner of the Quorn meat substitute brand, accepted a non-cash impairment charge of around $370 million against its plant-based meat substitute business. The charge forced the business to file for annual loss. The chief executive … Read more