3 factors are driving the plant-based 'meat' revolution as analysts predict companies like Beyond Meat and Impossible Foods could explode into a $140 billion industry

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Plant-based 'meat' sales are set to explode, with Barclays estimating that the market for alternative meat could reach $140 billion by 2029.

Here are the three factors that Barclays says are driving the meat-substitute revolution.A protester attends a demonstration under the banner"Protect the climate — stop coal.""Sustainability is increasingly more relevant as consumers, especially Millennials and Gen Z, have become more aware of the damage that food production has caused to the planet," Barclays states.

Plant-based products aren't necessarily a perfect solution, with Barclays highlighting palm oil production's links to deforestation. However, with climate change becoming"a more relevant topic," Barclays says that companies have the"opportunity to highlight how their products address this concern."With more than 95% of farm animals raised on factory farms, Barclays says that concerns regarding animal cruelty are making plant-based"meat" more popular.

"In extreme cases, the birds may also face sleep deprivation as some factory farms keep lights on all day and night to encourage more eating rather than sleeping."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Main 2 problems w. the plant based premise is that these analogs r NOT healthy and NOT better 4 the environments. Please read: The Ecocide Burger

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Alternative meat to become $140 billion industry in a decade, Barclays predictsAnalysts at Barclays 'can't believe it's not meat,' projecting huge growth for the nascent alternative food industry over 10 years. Have your heard that hackers are aggressively attacking online crypto wallets and exchanges everyday. Make you self a favor and get a best hardware wallet in the world Ledger Nano X and sleep well at night. Hard pass! Have your heard that many people lost their crypto assets by keeping it online, as their wallets and exchanges was hacked one day. Get a new Ledger Nano X now, .It is the most advanced and secured wallet on the planet.
Source: CNBC - 🏆 12. / 72 Read more »

'We know enough now to make the gamut of meat flavors': Impossible Foods CEO on synthetic steaks and a future beyond burgers'We know enough now to make the gamut of meat flavors': Impossible Foods CEO on synthetic steaks and a future beyond burgers. Presented by PMInstitute PMInstitute Nah, I'll stick to the real thing
Source: BusinessInsider - 🏆 729. / 51 Read more »

How Beyond Meat became a $550 million brand, winning over meat-eaters with a vegan burger that 'bleeds''The burger is something people love,' Ethan Brown, founder of Beyond Meat, tells CNBC Make It. 'And so we went after that core part of the American diet,' with company's most well-known product, Beyond Burger. The company's investors include Bill Gates, Leonardo DiCaprio and even former McDonald's CEO Don Thompson and America's largest meat processor, Tyson Foods. It filed for an IPO in November. MakeIt processed foods cause cancer. MakeIt Many of us think that crypto exchanges are secured and protected, Think again and look at the past few years. Do not make the same mistake, Get a New Ledger Nano X now. It is the most secured device ever made. MakeIt what's so wrong with the meat (if I could question)
Source: CNBC - 🏆 12. / 72 Read more »