Peanut Protein Vegan Chicken

Haofood Leverages Peanut Proteins for Its New Plant-Based Chicken

As the plant-based market continues to expand, Haofood is leading the industry with the launch of its vegan chicken made from peanut protein. The Shanghai-based brand is focusing on "fried chicken" since Asia is responsible for almost 40% of global chicken consumption, with most consumers preferring fried chicken.

Haofood opted for peanut protein in its plant-based chicken since the ingredient is high in protein and fiber, contains zero cholesterol, and is also a source of vitamins and minerals. In addition, the ingredient proved to provide a better texture for Asian consumers. Astrid Prajogo, the CEO and founder of Haofood commented on this notion, stating: "Until now, plant-based meat has been based on soybean. The taste and texture reminded them of tofu. In China, we eat tofu everyday... Our main goal was to have a product [completely different] from the tofu meat experience."

Image Credit: Haofood

Peanut-based Proteins
There is an opportunity for more plant-based protein products to explore peanut as an ingredient, known for its texture and nutritional value in addition to being allergy-friendly.
Fried Plant-based Meat Alternatives
Companies can innovate within the plant-based meat industry by creating more alternatives to traditionally fried meats to appeal to consumers across different cultures.
Ingredient Diversity in Plant-based Products
There is an opportunity for plant-based meat alternatives to experiment with a wider range of ingredients beyond the commonly-used soybean protein, to create products that appeal to variety of preferences worldwide.

Sectors Adopting This

Plant-based Food
The plant-based food industry overall has an opportunity to explore different ingredients and new product categories to broaden its reach.
Fast Food Chains
Fast food chains can look into incorporating more plant-based options, particularly fried chicken alternatives, to attract customers globally looking for more sustainable options.
Food Allergy-friendly Products
Companies can explore plant-based products that use peanut proteins, which are known to be allergy-friendly, to cater to consumers with specific dietary needs and expand the market for plant-based alternatives.
SCORE
3.4 out of 10
GENDER
50% Men50% Women
MARKETTop markets: Asia
GENERATION
  • Gen Z
  • Gen Alpha
  • Millennial (primary audience)
  • Gen X (primary audience)
POPULARITY
Popularity 28%
Activity 65%
Freshness 10%