BRIEF

on VINPAI (isin : FR001400AXT1)

Vinpai Advances into the Indian Market with Strategic Partnership

Vinpai, a company specializing in algae and plant-based functional ingredients, announced a strategic partnership with Enhance Gourmet Foods, an enterprise focused on vegan products in India. This partnership marks Vinpai's continued expansion into the Asian markets, providing significant growth opportunities in the Indian market, where demand for vegan products is rising.

The collaboration facilitates the launch of a new vegan cheese production facility by Enhance Gourmet Foods in Pune, India. Vinpai will supply the plant-based ingredients essential for manufacturing vegan cheeses. This partnership leverages Enhance Gourmet Foods’ strong distribution network and deepens Vinpai’s footing in India.

Philippe Le Ray, CEO and Co-founder of Vinpai, expressed enthusiasm about the partnership’s potential to boost Vinpai’s presence and cater to the growing demand for plant-based products in India. He highlighted the mutual benefits of combining local market knowledge with Vinpai’s expertise in plant-based foods.

R. E.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all VINPAI news