Impossible Foods Plans to Lay Off About 20% of Workers
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Re: Impossible Foods Plans to Lay Off About 20% of Workers
#2Re: Impossible Foods Plans to Lay Off About 20% of Workers
#3Why are people so obsessed with creating fake meat? I've always found that meat > vegetarian food >>>> "vegan" "meat"
There are a myriad of reasons why, and many of them have to do with transitioning people from a meat focused diet to a meat free diet. Usually by changing 1 ingredient in a dish rather than upending their whole process.
Also, there are plenty of vegan meat substitutes that are excellent. Eg. if you are looking for a vegan substitute for meat in stew or pulled pork look for Fable (its just shredded shitake with food binders) https://fablefood.co/ (Not affiliated, but its delicious).
Re: Impossible Foods Plans to Lay Off About 20% of Workers
#4Why are people so obsessed with creating fake meat? I've always found that meat > vegetarian food >>>> "vegan" "meat"
As a vegetarian, I think I would actually buy from them if they had some very minimally processed (think tofu), preferably unprocessed (think lentils) food and if they just added their heme ingredient and did no other processing.
I just like the umami flavor, and I want to get that from minimally processed/weird products. Soy heme is significantly similar to the real thing that I don’t really mind how it was created.
I just want to add that umami to something healthy.
Re: Impossible Foods Plans to Lay Off About 20% of Workers
#5Why are people so obsessed with creating fake meat? I've always found that meat > vegetarian food >>>> "vegan" "meat"
There is interest in the space for a variety of reasons. Animal welfare, land usage, agricultural pollution, climate change, etc.
Re: Impossible Foods Plans to Lay Off About 20% of Workers
#6Why are people so obsessed with creating fake meat? I've always found that meat > vegetarian food >>>> "vegan" "meat"
Japan has always been a densely populated mountainous island incapable of large scale livestock production untill very recently. Meat was a luxury. So they turned to fish and rice.
Re: Impossible Foods Plans to Lay Off About 20% of Workers
#7They claim their sales are up by 50% in dollar terms in 2022:
> Closely held Impossible Foods recently said its sales were up more than 50% in 2022 in dollar terms at US retail stores. In a September interview, Chief Executive Officer Peter McGuinness said Impossible Foods has a strong balance sheet and good cash position.
What's the trick here? Seems like interest in general has fallen:
> Impossible Foods has rapidly expanded to restaurants and supermarkets. Maintaining momentum will become challenging as performance of the broader plant-based meat category slips. Supermarket sales of refrigerated meat alternatives fell 15% by volume for the 52 weeks ended Jan. 1, according to market-research firm IRI, while they declined 14% in dollar terms. In restaurants and food-service outlets, orders of plant-based burgers dropped 9% in the 12 months ended in November, according to market researcher NPD Group. Impossible Foods sells products at major restaurant chains, including White Castle, Qdoba and Burger King, which offers the Impossible Whopper. Data from HundredX, a consumer-experience strategy firm, also suggests falling interest. The percentage of shoppers who have eaten Impossible products but say they’re less likely to eat as much going forward has risen, according to feedback collected from 1,723 consumers in the last year.
Re: Impossible Foods Plans to Lay Off About 20% of Workers
#8Why are people so obsessed with creating fake meat? I've always found that meat > vegetarian food >>>> "vegan" "meat"
Vegetarian food has less protein by volume than meat and some of the protein substitutes taste bad and / or have a disgusting texture.
Re: Impossible Foods Plans to Lay Off About 20% of Workers
#9Why are people so obsessed with creating fake meat? I've always found that meat > vegetarian food >>>> "vegan" "meat"
Re: Impossible Foods Plans to Lay Off About 20% of Workers
#10Why are people so obsessed with creating fake meat? I've always found that meat > vegetarian food >>>> "vegan" "meat"
It's because your preferences aren't universal. There is interest in the space for a variety of reasons. Animal welfare, land usage, agricultural pollution, climate change, etc.