Clue: Unhealthy cornet cut out, assuming bachelor's wanting vegan fare (7,6)
Answer: COCONUT BUTTER
Explanation: Definition: vegan fare
An envelope ('assuming') of B ('bachelor') in COCONUTUTTER, an anagram ('unhealthy?) of 'cornet cut out'. 'Wanting' as a link word has been used by Everyman before, and I still do not like it.