According to some estimates, the plant -
based meat market is set to reach $ 5.2 billion by 2020 and could make up one - third of the market by 2050.
Not to mention, actor and environmentalist Leonardo DiCaprio invested in the company, a smart business decision considering the plant -
based meat market is expected to rise to a value of $ 6.43 billion by 2023.
«So how do we get to that $ 20 billion plant -
based meat market as quickly as possible?»
U.S. sales of plant - based meats reached $ 553 million in 2012, according to Mintel, and the global plant -
based meat market is projected to reach $ 5 billion by 2020.
Not exact matches
The screen legend joins other investor luminaries who have backed the company's goal of making mass
market, plant -
based alternatives to
meat.
Tyson Foods — which has carved out a niche as a
market leader in chicken, beef and pork — has made a far - afield investment in plant -
based food startup, Beyond
Meat.
Cultivating relationships with other nonprofit organizations, including those focused on environmental, global hunger, public health, free speech, and food safety issues, to build alliances and support for the policies that will be most effective at increasing plant -
based options and readying the path to
market for clean
meat.
The primary learning objective is for the intern to develop expertise in the transferability of scientific areas of expertise to plant -
based and clean -
meat research and an understanding of the scientific
market and opportunities in a specific country.
The Good Food Institute has a team of scientists, entrepreneurs, lawyers, and lobbyists, all of whom are laser - focused on using
markets and food technology to transform our food system away from factory farmed animal products and toward clean
meat and plant -
based alternatives.
GFI sees value in
market research, and may conduct some themselves; they have already conducted a short survey to identify the most appealing name for cultured
meat.51 They would also be interested in research done to identify other factors important in promoting plant -
based and cultured
meat, such as whether consumers are more likely to respond well to promotion related to health benefits or to animal welfare.
GFI seeks out entrepreneurs and scientists to join or form start - ups in the plant -
based and cultured1
meat (i.e.
meat grown in a culture without animal slaughter)
market sectors.
Plant -
based milk is already showing a tendency to take
market share from the sales of conventional milk in the U.S., with sales in one category growing as sales in another category decline.21 It seems plausible that cultured and plant -
based meat will similarly take
market share from the sales of conventional
meat, especially as it becomes more cost - competitive, widely available, and harder to distinguish from conventional
meat in taste and texture.
GFI seeks out entrepreneurs and scientists to join or form startups in the plant -
based and cultured1
meat (i.e.,
meat grown in a culture without animal slaughter)
market sectors.
the success of plant -
based milks, to achieve radically increased
market shares of plant -
based meat and clean
meat products.»
If and when cultured
meat becomes commercially available, it may take
market shares from plant -
based meat, but that does not necessarily eliminate the value of developing better plant -
based meat technology.
Plant -
based dairy products such as milk continue to take
market share from the sales of conventional milk in the U.S., with sales in the former category growing as sales in the latter category decline.45 It seems likely that cultured
meat products will have similar effects, sometimes replacing plant -
based products, but also replacing products of animal agriculture — particularly because they will likely be harder to distinguish by taste and texture than current substitutes.
63 They have told us that they want to replicate the successes of plant -
based milk alternatives with cellular and plant -
based alternatives to
meat, using the power of
markets and food technology to provide alternatives to animal agriculture.64 We believe that achieving this aim could lead to immense benefits for animals.
GFI sees value in
market research, and may conduct some themselves; they have already conducted a short survey to identify the most appealing name for cultured
meat.96 They would also be interested in research done to identify other factors important in promoting plant -
based and cultured
meat, such as whether consumers are more likely to respond well to promotion related to health benefits or to animal welfare.97 They plan to conduct such research and will encourage its use by companies.
After all, plant -
based meat is already commercially available and we have not yet seen evidence that it has taken
market shares from conventional
meat.
«In the race to make a
meat free burger, Beyond Meat is in the lead — with one of the most widely distributed plant - based burgers on the market.&ra
meat free burger, Beyond
Meat is in the lead — with one of the most widely distributed plant - based burgers on the market.&ra
Meat is in the lead — with one of the most widely distributed plant -
based burgers on the
market.»
The Tulsa, Okla. -
based company formed in 1976, shortly after the opening of a large regional grocery distribution center changed the way
meat packers in its
market interfaced with smaller retailers.
Since its inception in 1999, Sutton, Mass. -
based J&G Foods has established itself as an industry leader in custom cut, portioned and packaged frozen and case - ready
meats for the foodservice, retail and home delivery
markets.
Given that beef alone is an $ 80 billion industry in the U.S, she noted, there is a lot of
market share for plant -
based meats to capture.
Also included in this week's episode: BevNET senior brand specialist Jon Landis and the Project NOSH team of Carol Ortenberg and Meagan McGinnes examine the expanding
market for plant -
based «
meat,» including key brands and product categories and the various technologies that driving their development.
We also explore the growing
market for plant -
based meat in the latest edition of Why is This a Thing?
Sanger Australia is a
meat export
marketing company
based in Sydney supplying up to 60 countries around the world a range of
meat items that are not certified organic.
Founded in 1946, Cincinnati -
based Pierre Foods uses high quality, USDA - inspected
meats and hearth - baked breads to produce a wide variety of fully cooked frozen sandwiches and other products for schools, military, foodservice, retail, vending and convenience store
markets.
The company's niche
market is growing in popularity, and Dudley believes it is a positive thing that consumers are trying new healthy eating lifestyles like Paleo and Whole30, which are very
meat -
based.
Twenty - six percent of consumers say they ate less animal
meat in the past 12 months, according to
Markets and
Markets, and Mintel reports 36 percent of consumers buy plant -
based meats.
«As a category leader in plant -
based meat alternatives, Beyond Meat has revolutionized how consumers get their protein,» says Red Elk Banks, vice president of Whole Foods Market's Rocky Mountain reg
meat alternatives, Beyond
Meat has revolutionized how consumers get their protein,» says Red Elk Banks, vice president of Whole Foods Market's Rocky Mountain reg
Meat has revolutionized how consumers get their protein,» says Red Elk Banks, vice president of Whole Foods
Market's Rocky Mountain region.
Enter PIG OUT pigless bacon chips, the brainchild of former Beyond
Meat chef and Hampton Creek cofounder Dave Anderson and the first of several plant - based, but bacon - tastic, products in the pipeline at Outstanding Foods, a new business on a mission to take plant - based «meat» snacks to the mass mar
Meat chef and Hampton Creek cofounder Dave Anderson and the first of several plant -
based, but bacon - tastic, products in the pipeline at Outstanding Foods, a new business on a mission to take plant -
based «
meat» snacks to the mass mar
meat» snacks to the mass
market.
Related topics: Bakery,
Market Trends, Dairy, Healthy foods, Prepared foods, Snacks, Natural and clean label, Sugar, salt and fat reduction, Dairy -
based ingredients, Food labelling, Preservatives and acidulants,
Meat, fish and savoury ingredients, Flavours and colours, Health and nutritional ingredients, Cereals and bakery preparations
The Jackfruit Co. isn't the only brand
marketing jackfruit -
based products as
meat alternatives, but we love that founder Annie Ryu started it as a way to build international supply chains for the superfruit.
The Good Food Institute has a team of scientists, entrepreneurs, lawyers, and lobbyists, all of whom are laser - focused on using
markets and food technology to transform our food system away from factory farmed animal products and toward clean
meat and plant -
based alternatives.
The Findus horsemeat scandal saw a number of recalls from products within the
market, following an investigation by the Food Standards Agency, which found a number of
meat -
based ready meals containing horsemeat.
Globally, the outlook for the
meat alternative
market is positive and will continue to be driven by an emerging consumer trend towards
meat reduction on a part - time
basis, also called flexitarianism, entailing increased consumption of plant -
based foods without completely cutting out
meat.
«In the U.S., plant -
based meat makes up one - quarter of 1 % of the entire
meat market.
Beyond
Meat announced Wednesday that the Beyond Sausage, the world's first plant -
based sausage, will now be available at all Whole Foods
Market locations nationwide.
«In the race to make a
meat free burger, Beyond Meat is in the lead — with one of the most widely distributed plant - based burgers on the market.&ra
meat free burger, Beyond
Meat is in the lead — with one of the most widely distributed plant - based burgers on the market.&ra
Meat is in the lead — with one of the most widely distributed plant -
based burgers on the
market.»
GFI sees value in
market research, and may conduct some themselves; they have already conducted a short survey to identify the most appealing name for cultured
meat.96 They would also be interested in research done to identify other factors important in promoting plant -
based and cultured
meat, such as whether consumers are more likely to respond well to promotion related to health benefits or to animal welfare.97 They plan to conduct such research and will encourage its use by companies.
Beyond
Meat ® announces that this week Beyond Sausage ™, the breakthrough plant -
based links that look, sizzle and satisfy like pork sausage, will be arriving at Whole Foods
Market ® stores nationwide.
The New Zealand -
based firm has a
market share of 27 % in the country's export sheep
meat segment, but recently it has been facing pressure as a result of a drop in
meat prices, so has been exploring offshore
markets to bolster its profits.
Customers include supermarkets, food service providers, restauAction
Meat Distributors Co. rants and processing facilities includwww.actionmeat.com ing major Texas
markets such as Headquarters: Houston Employees: 50 + Dallas, San Antonio, Austin and Services:
Meat distribution Action's home
base of Houston.
Marketed as the «uncanny tuna» these slices provide deli operators an alternative to land - animal
based deli
meats.
Looking at the type of protein, tofu and tofu -
based products accounted for the largest share of the
meat substitutes
market in 2017, with textured vegetable protein following in second.
The category, as defined by Innova
Market Insights, includes not only traditional savory or salty snacks and snack nuts & seeds, but also products such as
meat snacks, popcorn and fruit -
based snacks, as well as finger foods and hors - d'oeuvres.
At GFI, Keri's research advances the plant -
based and clean
meat market sectors by generating effective messaging that helps consumers make healthy, humane, and sustainable food choices.
Related topics: Bakery,
Market Trends, Confectionery, Dairy, Healthy foods, Prepared foods, Snacks, Natural and clean label, Fruit, vegetable, nut ingredients, Chocolate and confectionery ingredients, Dairy -
based ingredients,
Meat, fish and savoury ingredients, Flavours and colours, Carbohydrates and fibres (sugar, starches), Health and nutritional ingredients, Cereals and bakery preparations
«The actual metrics we're interested in fall into three main categories: The highest - level metrics address the outcomes we want to see in the world: amount of farmed animal suffering prevented, plant -
based and clean
meats»
market shares, number of conventional
meat meals offset by plant -
based or clean
meat, etc..
63 They have told us that they want to replicate the successes of plant -
based milk alternatives with cellular and plant -
based alternatives to
meat, using the power of
markets and food technology to provide alternatives to animal agriculture.64 We believe that achieving this aim could lead to immense benefits for animals.