Why Beyond Meat’s Revenue Bump May Not Mean a Full Comeback
With waning consumer demand and a cautious outlook for the year’s revenue, Beyond Meat faces challenges in regaining consumer trust and competing within the plant-based sector.
With waning consumer demand and a cautious outlook for the year’s revenue, Beyond Meat faces challenges in regaining consumer trust and competing within the plant-based sector.
The alt-meat market, which peaked in 2018-19, saw sales decline due to factors like market saturation and high prices, but signs of recovery are emerging, particularly in the frozen segment, according to expert Chris DuBois of Circana.
In a recent webinar, Food Business News shared emerging data, trends, innovations, and consumer insights impacting the alternative meat, dairy, and seafood markets, a $1.03B industry attempting to recover from a sharp decline beginning in 2018. Here are five key takeaways.
Moolec Science is infusing crops with animal genes to create a unique meat alternative, in a process it calls molecular farming. Now, it’s looking to partner with major players in the plant-based category.
Japanese scientists have taken alternative meat to the next level. A group of scientists led by Osaka University recently used stem cells isolated from Wagyu cows to 3D-print an alternative form of steak. This alternative …
When it comes to sustainable food sources, kelp checks all the right boxes. But are U.S. consumers ready to embrace it as a main course? Courtney Boyd Myers, CEO of alt-meat food tech company AKUA, …
This week, in The Food Institute’s quick-hitting, audio news podcast, we break down the major ingredient shortages multiple QSRs are dealing with, the growth of online grocery shopping, and the future of alternative seafood. The …
This week, in The Food Institute’s quick-hitting, audio news podcast, we break down a few innovative strategies for navigating the labor shortage, examine a major new company entering the cultured-meat market, and more. The Food …
A federal appellate court has ruled a state law that prohibits companies from marketing alternative protein products as meat does not violate free speech rights, but it begs the question of whether consumers really would …