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

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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."

 

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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

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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 »