New Products, Growing Demand Fuel Growth Of Plant-Based Food Sales
www.forbes.com
Are companies deluging the market with new plant-based meat, egg and dairy alternatives because sales are on the rise or are sales growing by double digits annually because there are so many new products to choose from?

U.S. retail sales of plant-based foods grew 11.4% last year

One of the biggest growth categories last year was plant-based eggs

“Companies know that you need to have plant-based as a solution, especially when we’re talking about doing it sustainably and safely,” she said.

Bonus:

https://www.bloomberg.com/news/articles/2020-07-30/good-news-for-climate-change-as-world-loses-its-taste-for-meat

The Food and Agriculture Organization of the United Nations estimates that meat production—a decent proxy for consumption—dropped in 2019, and it forecasts a decline again this year.

outline version

  • Dimmer06 [he/him,comrade/them]
    ·
    4 years ago

    The 36 billion pounds is from January to August. The third quarter update was published in September so it is comparing the third quarter data from the previous year to this year. Red meat in 2019 was like 55 billion pounds and in 2018 it was 53

    • Gay_Wrath [fae/faer]
      1·
      4 years ago

      Are we looking at the same spreadsheet?

      edit: oh jfc we were, you were looking at "all supply and disappearance" for some reason instead of "All meat statistics"?????

      edit 2: okay i see what you mean now. Still, that's not really my fault for bloomberg reporting misleading information, i literally just quoted the article

      • Dimmer06 [he/him,comrade/them]
        ·
        4 years ago

        You didn't do anything wrong, I think it's a really good example to learn that vegan capitalism doesn't really affect the conditions of animals. I've seen the bloomberg article before and it inspired me to sift through that data and start crunching those numbers a bit.

        • Gay_Wrath [fae/faer]
          ·
          4 years ago

          yeah that's fair. I think it is making SOME difference, definitely not enough, i just hate it when libs are like "there's not ethical consumption under capitalism" and try to excuse their unethical behavior as it it doesn't matter. I mean the grim truth is animal's lives are at stake, but people seem to think that since we can't stop it until we idk, magically turn socialist and i guess force people to stop killing naims, we shouldn't even bother trying to live more ethically like it won't affect the world in any way until then. But i mean, it is. The fact that people are buying vegan products more should tell you people are at least more open to trying them, if not fully converting to being vegan.