The China Mail - Natalie Portman, French firm bring home the faux bacon

USD -
AED 3.672502
AFN 64.000035
ALL 81.050345
AMD 372.849662
ANG 1.789884
AOA 918.000431
ARS 1376.761702
AUD 1.398474
AWG 1.8
AZN 1.700483
BAM 1.659926
BBD 2.012001
BDT 122.580618
BGN 1.668102
BHD 0.377155
BIF 2975.451401
BMD 1
BND 1.269716
BOB 6.928101
BRL 4.956398
BSD 0.998999
BTN 93.104283
BWP 13.393251
BYN 2.833537
BYR 19600
BZD 2.009115
CAD 1.366065
CDF 2310.999715
CHF 0.78057
CLF 0.022403
CLP 881.719847
CNY 6.81775
CNH 6.818375
COP 3580.06
CRC 455.158835
CUC 1
CUP 26.5
CVE 93.584102
CZK 20.663797
DJF 177.894898
DKK 6.355503
DOP 60.105069
DZD 132.289262
EGP 51.917502
ERN 15
ETB 155.405337
EUR 0.85042
FJD 2.197406
FKP 0.738541
GBP 0.74065
GEL 2.685013
GGP 0.738541
GHS 11.0393
GIP 0.738541
GMD 73.000205
GNF 8764.507437
GTQ 7.643664
GYD 209.005767
HKD 7.831245
HNL 26.542927
HRK 6.404698
HTG 130.811696
HUF 307.779032
IDR 17148.5
ILS 2.99406
IMP 0.738541
INR 93.557502
IQD 1308.687239
IRR 1322999.999602
ISK 121.779662
JEP 0.738541
JMD 158.247615
JOD 0.70901
JPY 159.244497
KES 129.200705
KGS 87.449826
KHR 4000.611039
KMF 418.000054
KPW 899.985395
KRW 1471.789657
KWD 0.30826
KYD 0.832485
KZT 465.941881
LAK 22040.601555
LBP 89457.429473
LKR 316.121805
LRD 184.249704
LSL 16.35859
LTL 2.95274
LVL 0.604891
LYD 6.331263
MAD 9.226434
MDL 17.112231
MGA 4133.143226
MKD 52.402916
MMK 2099.934769
MNT 3577.136566
MOP 8.057338
MRU 39.868621
MUR 46.37016
MVR 15.449805
MWK 1732.185898
MXN 17.324002
MYR 3.95399
MZN 63.954991
NAD 16.35859
NGN 1347.060097
NIO 36.765611
NOK 9.34305
NPR 148.845775
NZD 1.694955
OMR 0.384518
PAB 0.999028
PEN 3.429932
PGK 4.392051
PHP 59.890498
PKR 278.536935
PLN 3.599203
PYG 6369.45378
QAR 3.642004
RON 4.335897
RSD 99.836984
RUB 74.551934
RWF 1463.489154
SAR 3.750866
SBD 8.038715
SCR 13.655339
SDG 601.000445
SEK 9.16045
SGD 1.272385
SHP 0.746601
SLE 24.650409
SLL 20969.496166
SOS 570.91693
SRD 37.44902
STD 20697.981008
STN 20.793285
SVC 8.740707
SYP 110.541984
SZL 16.354347
THB 32.097982
TJS 9.467984
TMT 3.505
TND 2.887496
TOP 2.40776
TRY 44.894835
TTD 6.779373
TWD 31.441798
TZS 2611.424974
UAH 44.124656
UGX 3701.267563
UYU 39.742806
UZS 12085.412635
VES 480.63111
VND 26328
VUV 118.060694
WST 2.715967
XAF 556.707234
XAG 0.01269
XAU 0.000209
XCD 2.70255
XCG 1.800421
XDR 0.692365
XOF 556.707234
XPF 101.215331
YER 238.649746
ZAR 16.37655
ZMK 9001.20203
ZMW 18.905523
ZWL 321.999592
  • RBGPF

    -13.5000

    69

    -19.57%

  • RYCEF

    -0.4600

    17.2

    -2.67%

  • CMSC

    -0.0398

    22.73

    -0.18%

  • NGG

    -0.9000

    86.02

    -1.05%

  • RIO

    -0.3200

    99.83

    -0.32%

  • CMSD

    0.0050

    23.085

    +0.02%

  • BCC

    0.9300

    83.97

    +1.11%

  • GSK

    -1.0000

    57.35

    -1.74%

  • RELX

    0.0600

    36.74

    +0.16%

  • BCE

    -0.1400

    23.95

    -0.58%

  • VOD

    15.6500

    15.65

    +100%

  • JRI

    0.0400

    13.13

    +0.3%

  • BTI

    0.3800

    57.06

    +0.67%

  • AZN

    -4.1100

    200.69

    -2.05%

  • BP

    0.5300

    45.12

    +1.17%

Natalie Portman, French firm bring home the faux bacon
Natalie Portman, French firm bring home the faux bacon

Natalie Portman, French firm bring home the faux bacon

Vegan bacon sizzles on a pan in the office of a French startup whose quest to produce the "holy grail" of the growing plant-based meat industry gained the financial backing of Hollywood star Natalie Portman.

Text size:

Paris-based company La Vie recently raised 25 million euros ($28.3 million) from investment funds and climate-conscious celebrities like Portman, an avowed vegan.

If not the first to bring plant-based bacon to the market, La Vie's founders are banking their success on mastering imitation pork fat, setting it apart from other brands.

"We're the only ones in the world today to have succeeded in developing a vegetable fat that cooks, fries, infuses and browns" like animal fat, enthused the company's chief executive and cofounder, Nicolas Schweitzer.

After several minutes on the frying pan, the rashers of La Vie's imitation smoked bacon were golden brown, crunchy and similar in taste to the real McCoy.

Next up are lardons. The chunks of meat and fat also brown up nicely, but are a bit salty.

"We have a reduced salt version as well," said Vincent Poulichet, 32, the company's scientific expert and other cofounder.

The lardons received a C rating on France's "Nutri-Score" food health rating scale -- a middle score on the A to E ranking.

"Worse than broccoli, but better than pork lardons," the company notes wryly on its website.

Startups and established food manufacturers alike have been rolling out a variety of products that aim to replace beef, chicken and pork with plant-based ingredients.

But making faux bacon taste like the real thing is another challenge.

Ethan Brown, the head of industry leader Beyond Meat, told the Wall Street Journal last year that making bacon, steak and raw chicken were all the "holy grail".

A growing number of consumers are seeking to reduce or eliminate meat from their diets over concerns including animal rights and the industry's impact on the environment.

According to a 2021 report by market research firm Euromonitor International, more than one in four consumers globally say they are trying to limit their meat intake, in addition to the 10 percent of people who are vegetarian or vegan.

London-based market research firm Fairfield expects the market for plant-based meat to grow by nearly 19 percent annually between 2021 and 2026, to hit $13 billion.

- 5,000 trials -

La Vie's founders, who created their company in 2019, believe conquering consumers on taste is the real key to success.

"After three years of research and 5,000 trials we succeeded in the somewhat crazy challenge of reproducing the taste of pork," said Schweitzer, 34.

The fat in La Vie's imitation bacon and lardons is made mostly from sunflower oil and specially-treated water.

The meat part contains soy protein, salt, natural colourants derived from radish skins and tomatoes, and natural flavours.

It was after testing La Vie's products at home in the United States that Portman joined the company's financial backers.

"It was by giving people a taste of our products that we managed to put together this extraordinary round of financing," said Schweitzer.

"Right away, investors said, 'Oh, yeah!'"

Venture capitalists like Oyster Bay, Seventure and Partech joined the funding round, as did the owners of several successful European startups such as Oatly, Vinted, Back Market and BlaBlaCar.

- British and US markets -

In addition to taste, La Vie believes its bacon is healthier for people, the planet, and of course pigs.

The company says its products contain less than a tenth the saturated fat of real bacon, and their production has fewer carbon emissions and uses less water.

La Vie's imitation lardons are already on sale at Carrefour shops, and it aims to get them on the shelves of all major supermarkets in France in 2022.

It also sees vegan and vegetarian restaurants as key to getting more potential clients to taste its products.

La Vie aims to get its products on British shelves by April and then rapidly enter the key US market as well.

La Vie, which has partnered with an established cold cuts and prepared foods manufacturer, plans to quickly double its staff to 60 employees.

W.Tam--ThChM