What else is happening with plant-based meat alternatives

Since writing about Christopher Gardner’s study on Monday this week, I have plant-based meats on my mind.  Here are some other recent items about the booming interest in these products.

• Plant-Based ‘Meats’ Catch On in the Pandemic: As the meat industry struggles to respond to the outbreak, makers of vegan substitutes are ramping up production to meet new interest from shoppers…To meet the demand, Impossible Foods has been hiring more workers, increasing pay and adding more shifts. Beyond Meat reported record sales in the first quarter of this year.

• Bringing home the plant-based bacon: Sunfed aims to provide a more healthy ‘guilty pleasure’:  New Zealand-based plant-based meat firm Sunfed Meats’ recent launch of its Boar-Free Bacon in supermarkets nationwide has seen strong success due to its taste, texture and a rising demand for healthy and clean foods by consumers, according to the firm’s CEO…. Read more
• Beyond Meat lags conventional companies in sustainability disclosures, report says:  The plant-based meat company said it has quantified the environmental benefits of its product versus conventional beef and is currently conducting a carbon-footprint assessment.
• Coronavirus Meat Shortages Have Plant-Based Food Makers’ Mouths Watering: Beef producers racing to meet consumer demand say any shortfalls are temporary, as sellers of meat alternatives look to seize opportunity
• Opinion: Software to Swallow — Impossible Foods Should Be Called Impossible Patents: Intellectual Property Model of Food Maintains Harmful Reliance on GMO Grains, Detracts from Regenerative Agriculture, Hastens Soil Loss.
• Impossible Foods launches direct-to-consumer site and rolls out to hundreds more retail stores this month:  Impossible Foods has launched an e-commerce site to make its plant-based burgers available to all US consumers in the lower 48 states, offering free, two-day shipping of larger, family-sized quantities of the Impossible Burger…. Read more 
• The next challenge for plant-based meat: Winning the price war against animal meat: To save the world, plant-based meat needs to be cheaper.
• Impossible Foods raises another $200m; products under development include milk and steaks:  Impossible Foods has raised $200m in a Series G funding round led by new investor Coatue, with participation from existing investors including Mirae Asset Global Investments and Temasek as well as new investor XN. The move brings its total funding since 2011 to about $1.5bn…. Read more