DE4CC0DE-5FC3-4494-BCBF-4D50B00366B5

S Group Sees Growth In Sales Volume Of Vegan Products In January

By Dayeeta Das
Share this article
S Group Sees Growth In Sales Volume Of Vegan Products In January

The sales volume of vegan products at Finland’s S Group increased by an average of 15% in January, compared to the same period a year ago.

The sales volume of plant-based products from the yoghurt shelf, such as soy and oat snacks, increased by more than 30%, the company added.

Elsewhere, sales of vegan ready meals and plant-based drinks increased by more than 10%, while sales of vegan options on the cheese shelf increased by approximately 20%.

Vegetable protein products registered growth of approximately 40%, S Group added.

The company collaborated with non-profit Vegaanihaaste for a campaign in January that offered, among other things, recipes and tips, to encourage shoppers to opt for vegetarian items.

ADVERTISEMENT

‘Price Awareness’

Antti Oksa, sales director of S Group’s grocery stores, stated, “We have noticed that the growth rate of plant-based products has slowed down recently. The underlying reasons may be price awareness in a tighter economic situation, and partially, also, the fading of the novelty appeal of veggie options.

“We want to do our part to lower the threshold for trying plant-based products and help them become commonplace. The cooperation with Vegaanihaaste at the beginning of the year and the acceleration of plant-based products, also through price campaigns, clearly spoke volumes.”

S Group’s grocery stores also encourage the use of fruits, vegetables and root vegetables through the alle euron hevit (less than one euro) concept, wherein seasonal vegetables cost less than €1 per kilogram, per box, bag or piece.

By the end of 2030, the retailer aims to have 65% of all food items sold to be plant based.

It seeks to help customers eat more sustainably, offer versatile options, and promote the development and growth of plant-based food.

Get the week's top grocery retail news

The most important stories from European grocery retail direct to your inbox every Thursday

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our terms & conditions and privacy policy. You can unsubscribe at any time.