Why the fake meat market could reach R3.5trn in 20 years

  • 📰 News24
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 80%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

Why the fake meat market could reach R3.5trn in 20 years | Fin24

The alternative meat market is poised to rise to $240bn over the next two decades as new technologies gain ground and consumers change their diets, according to financial services company Jefferies.

Plant-based meats, like the one produced by Beyond Meat, are currently leading the category but lab-created"cellular" meat could overtake its plant-based counterpart, Powell said.

 

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:

 /  🏆 4. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines