Both companies are eyeing the Asian market's growing appetite for plant-based alternatives
Asian heritage brand Yeo Hiap Seng (Yeo’s) has come a long way from its humble origins as a soy sauce producer in the 1990s. Today, it is one of the leading players in the F&B industry with its bevvy of products spanning culinary sauces and pastes, canned curries, sparkling water as well as ready-to-drink teas.
Now, it has added vegan milk to its resume as the company recently announced that it has entered into a strategic partnership with Sweden’s plant-based milk brand Oatly to manufacture its popular drink in Singapore.