The Canadian and American beef herds have shrunk to the lowest levels in decades, and that is forcing cattle and beef to record prices.
Tag Archives plant-based meat
Global investment in agricultural technology cools off
On the positive side, the number of venture capital firms in Canada specializing in agriculture and agri-food is growing
Two years ago, investors and venture capital firms were dumping billions into agriculture and agri-food technology. Money was flowing toward start-up companies developing plant-based “meat”, biological control of crop pests, field sensors and technology to track food back to the farm. That’s just a partial list. To generalize, ag and food tech was hot. In […] Read more
Plant-based meat business remains half cooked idea for now
Beyond Meat, Inc., founded in 2009, has had almost 15 years to build a product line that is — as its name claims — beyond meat and, by some business metrics, it has. After all, the company, whose market capitalization was pegged at $1.3 billion when it went public in 2018, recently reported April-to-June 2023 […] Read more
Study expects plant-based meat growth
The future for plant-based protein is bright despite recent setbacks, according to a new Ernst & Young study. Demand for the product is expected to be strong in the wake of a global pandemic that led to an economic slowdown in 2022. Ernst & Young is forecasting US$139.4 billion in global plant-based meat sales by […] Read more
Sales of plant-based meat-like products continue to shrink
Many people today are looking to cut their consumption of pork, beef, chicken and other animal proteins. And many might believe that proteins from plants are healthier and more environmentally friendly. But if a plant-based protein doesn’t deliver on taste or value, the better for you and better for the planet slogans will not work, […] Read more
Study predicts growth in plant-based meat sales
The future for plant-based protein is bright despite recent setbacks, according to a new Ernst & Young study. Demand for the product is expected to be strong in the wake of a global pandemic that led to an economic slowdown in 2022. Ernst & Young is forecasting US$139.4 billion in global plant-based meat sales by […] Read more
Pulse sector not worried about plant-based meat slump
Sales continue to fall, but the pulse industry says plant-based meat sector makes up a small part of pea protein market
Plant-based meat sales continue to slump in the United States, according to a new report. Sales for the meat alternatives amounted to 19.8 million kilograms for the 52 weeks ending July 2, 2023, according to a CoBank report, which used data provided by Circana. That is down 21 percent from the previous year and well […] Read more
