Beyond Meat's chairman reveals how the meat industry hit a 'bottleneck' that's sparked a revolt among shoppers hungry for change

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

'With consumers having more power, things are moving in different directions,' Beyond Meat executive chairman Seth Goldman said.

John Amis/AP Images for Beyond Meatexecutive chairman Seth Goldman said that the"balance of power" in the meat industry has shifted in favor of consumers.

He pointed to the dairy industry as an example of the"profound opportunity" that lies before Beyond Meat. "What happens is the meat industry starts to hit a bottleneck," he said."And the bottleneck, in this case, is the animal. There's only so many more animals we can produce on so much land. As we think about scaling protein across the planet, the bottleneck is apparent.

 

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

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Beyond Meat's chairman jokes that the veggie burger was a 'conspiracy' by the meat industry to prevent people from going vegetarianBeyond Meat executive chairman Seth Goldman said that his company knew that the product would have to pass the 'taste challenge' in order to scale.
Source: BusinessInsider - 🏆 729. / 51 Read more »