This editorialized link title and the article's headline itself doesn't really match the article's content (as is increasingly common it seems). Sure, Beyond Meat has had lower sales- but soon after they mention that retail sales of Impossible meat products increased 50% in 2022- with an odd "but the CEO left so they're in trouble" assessment which seems a bit bonkers. Then the author seems to say that because fake m…
Price has kept me away for a few years now. But now the price of everything else is rising to catch up, so maybe I should check it out again
Plant-based meat is turning out to be a flop
601–610 of 813 posts
Re: Plant-based meat is turning out to be a flop
#602This editorialized link title and the article's headline itself doesn't really match the article's content (as is increasingly common it seems). Sure, Beyond Meat has had lower sales- but soon after they mention that retail sales of Impossible meat products increased 50% in 2022- with an odd "but the CEO left so they're in trouble" assessment which seems a bit bonkers. Then the author seems to say that because fake m…
FTA:
> Supermarket sales of refrigerated plant-based meat plummeted 14% by volume for the 52 weeks ended Dec. 4, according to retail data company IRI. Orders of plant-based burgers at restaurants and other food-service outlets for the 12 months ended in November were down 9% from three years earlier, according to market researcher NPD Group.
> Beyond lost sales in almost every channel last quarter. Over the past year it laid off more than 20% of its workforce
That's a pretty good description of a failing growth industry.
Re: Plant-based meat is turning out to be a flop
#603Meat is already a thing.
Re: Plant-based meat is turning out to be a flop
#604Re: Plant-based meat is turning out to be a flop
#605Earlier quoted context omitted.
The fundamental problem is that everyone has a different reason for wanting plant-based meat/fake meat. So by any particular metric, they have failed. Some people want fake meat to be a 1:1 meat substitute because they love meat but can't eat it (allergies, cardiovascular, etc). Some people want cheaper meat because quality meat you can trust has grown too expensive. Some people want more vegan/vegetarian options bec…
There was also the health marketing angle that flopped when people starting looking at the ingredients.
Re: Plant-based meat is turning out to be a flop
#606Earlier quoted context omitted.
Do we have to keep having this conversation? Lots of people, like myself, choose to not eat meat because we care about animal welfare. It's not because we don't like eating meat. Therefore food that tastes and feels like meat but didn't require killing an animal makes sense.
Yeah, this is the issue that most people seem to miss. It's not the flavour that is the issue, which is why products that attempt to replicate it are successful with vegans/vegetarians. What we find abhorrent is that a living, sentient being had to be raised and slaughtered in mostly inhumane conditions, in a supply chain that is evil to humans and animals alike. Removing that element from my diet is the goal, not th…
Re: Plant-based meat is turning out to be a flop
#607This editorialized link title and the article's headline itself doesn't really match the article's content (as is increasingly common it seems). Sure, Beyond Meat has had lower sales- but soon after they mention that retail sales of Impossible meat products increased 50% in 2022- with an odd "but the CEO left so they're in trouble" assessment which seems a bit bonkers. Then the author seems to say that because fake m…
Beyond was the most divisive. It has a very distinct flavour which isn't anything like beef, and not everyone likes. I think it's fine, but it's more of a tasty protein than a beef replacement.
Impossible is a really interesting product. It tastes good, texture is good, and I would happily eat a burger made from it. I can definitely tell the difference side-by-side, but I think if it's cooked well-done in a ragu or meatballs, it would be more difficult to tell.
The main complaint I have is that it both can be quite hard to form and have a tendency to turn into sludge. So you have to handle them very cold before the fat melts.
In Switzerland meat is expensive. Organic ground/minced beef from Farmy is something like $15-20/lb. Organic chicken breast is $50/lb (around $15/breast). Beyond is about $10/lb so there is certainly a cost saving to be had. All the supermarkets have extensive plant based options and vegetarianism/veganism is pretty common here. I think it'll be interesting to see how this pans out globally with improved animal welfare. My next experiment is eggs (which are almost 1 CHF/per!). Unfortunately the egg substitutes are almost the same price per weight from what I can see.
Re: Plant-based meat is turning out to be a flop
#608Earlier quoted context omitted.
> it is the most environmentally friendly option Its not. You need 30 kg of grain or other edible product to make just 1 kg of meat. We are literally turning more food to less food. An unrelated statistic showed that if the world has increased its meat consumption just a little bit more, we would run out of food. The conversion rate is that bad. ... Context: https://www.worldanimalprotection.us/blogs/hidden-driver-fa…
Well that's not true. Most cattle is grass fed for the majority of it's life at which point they will have them eat at feed lots to fatten up. Second, feed lots can use things like by-products of sugar production (molasses, beet pulp pellets, etc...) for feed. These are not human consumable and require no extra food to be grown. I've worked with a company that does over half a billion in revenue on this alone. There…
Re: Plant-based meat is turning out to be a flop
#609This editorialized link title and the article's headline itself doesn't really match the article's content (as is increasingly common it seems). Sure, Beyond Meat has had lower sales- but soon after they mention that retail sales of Impossible meat products increased 50% in 2022- with an odd "but the CEO left so they're in trouble" assessment which seems a bit bonkers. Then the author seems to say that because fake m…
In every taste test I've watched, Beyond never scores as high as Impossible. Impossible just seems to be doing better because it tastes better.
Re: Plant-based meat is turning out to be a flop
#610Earlier quoted context omitted.
Do we have to keep having this conversation? Lots of people, like myself, choose to not eat meat because we care about animal welfare. It's not because we don't like eating meat. Therefore food that tastes and feels like meat but didn't require killing an animal makes sense.
Yeah, this is the issue that most people seem to miss. It's not the flavour that is the issue, which is why products that attempt to replicate it are successful with vegans/vegetarians. What we find abhorrent is that a living, sentient being had to be raised and slaughtered in mostly inhumane conditions, in a supply chain that is evil to humans and animals alike. Removing that element from my diet is the goal, not th…