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
Tag Archives plant-based meat sales
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
