451–460 of 1001 posts
"Its stock has slumped nearly 83 percent in the past year. Sales, which the company had expected to rise as much as 33 percent this year, are now likely to show only minor growth." So they still showed growth, the stock just crashed; and the others in the segment who don't have to report numbers are doing better. Just sounds like a discounted stock to me.
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The irony is that there is no reason these plant based alternatives should be priced higher than meat. The raw ingredients are dirt cheap. You can get pound of TVP or soy protein is like $3-4; and certainly less at wholesale prices. It comes dehydrated, so back of the napkin I'd guess the cost for a company producing fake meat products is like $1/lb or less. I paid $8.50 at a gas station for 2.47 oz of "Noble Jerky."…
These companies are losing a lot of money. That the raw ingredients are cheap doesn’t matter much if the cost and complexity of processing is high.
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To each their own. I greatly enjoy the flavor of meat, but feel like a serial killer when I think about the animal suffering and to a lesser extend carbon emissions. While I also get a slightly odd feeling in my stomach from Impossible beef (doesn't happen with their cyber chicken), it's a tradeoff I'm excited to make 1-2 a month to get the flavor of a burger without feeling like I just tortured a puppy.
You'd be surprised how many animals die in the process of scaled agriculture and displacement that occurs to create these replacement goods. But they're not the big fluffy animals we anthropomorphise, so it's easy to accept.
I married a vegan, and I eat a lot of vegetarian food. (I also still eat plenty of meat, just not every day.) One extremely frustrating aspect of plant meat is that they tried to aggressively push out traditional veggie burgers on restaurant menus. A familiar refrain I've heard in restaurants in the last few years is "we used to have a nice veggie patty, but they replaced it with the beyond/incredible/whatever patty.…
Whenever this story comes up I think about how their now-former COO recently "allegedly punched a motorist and bit that man’s on the nose so hard that it tore his flesh" [1] [1] https://www.theguardian.com/us-news/2022/sep/20/beyond-meat-...
Knowing nothing else about the story, it's amusing to pretend that he was simply desperate to taste any kind of meat after months/years of being forced to give it up due to his position.
By struggling… they mean >$1B in debt, a few hundred million in cash and a net cash flow of negative a few hundred million They’re beyond “well done” I’ll see myself out.
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As a pretty hardcore meat-lover (we had sous-vide filets tonight at home), I think Impossible is close enough on the taste and feel side for a lot of dishes that use beef (including hamburgers). They're comically far off on the price side, but if they could get price-competitive with bulk 80% ground beef, they would capture a large amount of that market, I think.
I don't understand how you can say this. The Beyond/Incredible meat is not close enough. It's not even close at all. The texture is wrong, the feel chewing it is wrong, the taste is wrong unless you slather it with enough condiments that you can't taste it anyway. It is exactly the sort of highly processed industrially-created food that health experts tell us to avoid.
In general I’d rather eat vegetarian than fake chicken or sausages, but beyond meat’s current product makes me feel optimistic about a future without methane emissions.
...but it is so expensive. In my country (EU) it's easily 2x the price of real meat. And sells frozen in packs of 10. And there is ONE store that sells it.
At reduced price, packs of 2 would be a hit. Like this it's "yeah I tried it once, it was good... nope, not going to buy again"
I married a vegan, and I eat a lot of vegetarian food. (I also still eat plenty of meat, just not every day.) One extremely frustrating aspect of plant meat is that they tried to aggressively push out traditional veggie burgers on restaurant menus. A familiar refrain I've heard in restaurants in the last few years is "we used to have a nice veggie patty, but they replaced it with the beyond/incredible/whatever patty.…
At Gourmet Burger Kitchen the Beyond Meat cheeseburger costs 30% more than its beef counterpart.
Clearly just one example but it's rare the veg option's cheaper.
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You mentioned a ton of things that change (which, sure, they do, after all it would be weird if, after processing when things taste differently, nothing would have changed), you did not make the causal link to things changing in a way that is detrimental to health. Just because it changes doesn’t mean it‘s bad. Even your only point where one could argue that there is a potential obvious negative health effect (the vi…
> is only an issue if there are actual vitamin deficiencies that matter. It's an issue because it's wasteful, you're loosing the good stuff in the process. Throwing half of your meal into garbage every time is only an issue if you're still hungry afterwards, but it's not economically and ecologically sane thing to do. This is a similar thing, one should try to maximize the use of food that they pay for.