Plant-based supplier Heura has doubled sales in the first six months of 2022 as it expanded distribution of its range across Europe.
With the most successful first half in its five-year history, Heura expanded its total reach to approximately 18,000 points of sale, up from 13,000 at the end of 2021.
Sales at the Barcelona-headquartered group in the six months to the end of June hit €14.7m (£12.5m), up from €7.6m (£6.5m) in the same period a year ago.
It follows full-year revenues for 2021 more than doubling to €17.7m.
Heura is now present in 65% of the retail market in Spain, making it the most widely distributed plant-based brand in the country. The company also saw expansion across the rest of Europe, including in the UK where it is stocked by Ocado.
Founded in 2017 by Marc Coloma and Bernat Añaños, Heura was valued at €70m in 2021 following a €4m crowdfunding campaign and a €16m series A investment round.
Coloma said: “The current food system is broken but we are seeing the power we all have to accelerate change.
“We aren’t making animal meat alternatives, but successors – foods that are delicious but also nutritionally superior and more sustainable.
“We have a clear roadmap for 2022 growth focused on expanding the plant-based category across Europe, and we are committed to providing better food options to people all over the world.”
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