Next Meats announces completion of new alternative egg product, the「NEXT EGG 1.0」

Rhea-AI Summary

Next Meats, a Japanese alternative meat company, has launched a new plant-based egg product, the NEXT EGG 1.0. Set to address the needs of vegans and those with egg allergies in Japan, this product aims to promote sustainability and raise awareness on the environmental impacts of egg production. The NEXT EGG will first be available on a BtoB basis before expanding to consumers, with plans for international distribution. With Japan being the second-largest egg consumer globally, Next Meats is positioned to tap into this market and reduce the carbon footprint related to egg consumption.

Positive

• Launch of NEXT EGG 1.0, targeting vegans and those with egg allergies.
• First mover in Japan's market with limited vegan egg options.
• Plans to promote sustainability and awareness of egg production issues.

Negative

• None.

TOKYO, June 30, 2021 /PRNewswire/ -- Next Meats, the Japanese alternative meat venture who just launched their products and sold out in the U.S. last week, announced they have successfully developed a new alternative egg product, the NEXT EGG 1.0.

The NEXT EGG is 100% plant based and is expected to procure the needs of the vegan population and people with egg allergies in Japan, who have almost no commercial vegan egg options to choose from currently. The NEXT EGG is scheduled to be released in Japan first on a BtoB basis, followed by BtoC soon after, and then offered in other countries.

To one's surprise, Japan is the world's second largest egg consumer after Mexico, but the environmental and ethical problems of the production process are not widely known by consumers in the country. Ryo Shirai, CEO of Next Meats Holdings (OTC Pink: NXMH) says through their commercialisation of the NEXT EGG, they hope to raise awareness of the issues that surround egg production, and lessen the industry's carbon footprint by offering their new, sustainable substitute.

About Next Meats

Based in Tokyo, Next Meats is a food-tech venture company that specialises in the research and development of Japanese-style alternative meat products. Its journey of product development began in 2017, and the company was officially established in June of 2020. In December 2020 they announced their partnership with Toyota-Tsusho Corporation, and was listed on the American OTCBB in January of 2021. The company is currently rapidly expanding their presence to over 9 countries. They plan to research various types of alternative proteins in the future and aim to replace all animal meats by 2050.

Website: https://nextmeats.us

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Twitter: https://twitter.com/nextmeats?lang=en

Facebook: https://www.facebook.com/nextmeatsus/

 

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SOURCE Next Meats Co., Ltd.

FAQ

What is the NEXT EGG 1.0 from Next Meats?

The NEXT EGG 1.0 is a 100% plant-based egg product designed for vegans and those with egg allergies.

When will the NEXT EGG be available in Japan?

The NEXT EGG is scheduled for release in Japan first on a BtoB basis, followed by BtoC.

How does Next Meats plan to promote the NEXT EGG?

Next Meats aims to raise awareness about the environmental issues surrounding egg production while offering a sustainable alternative.

What is the stock symbol for Next Meats?

The stock symbol for Next Meats is NXMH.

Why is the NEXT EGG significant for the Japanese market?

Japan is the world's second-largest egg consumer, yet has few vegan egg alternatives, making the NEXT EGG a notable introduction.