Fri, Mar-08-24, 19:37
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Senior Member
Posts: 2,025
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Plan: Atkins-ish (hypoglycemia)
Stats: 000/000/000
BF:
Progress: 50%
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It can take years to develop a new product line, so no doubt they had put tons of R&D money into it over the last couple of years.
The debuts of those meatless concoctions have been set up to unveil in the next few weeks.
There's no doubt that production on those products commenced weeks (or even months) ago, so they have stock that they really need to try to sell.
This stuff about the meatless market is just wishful thinking though:
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The company says it projects plant-based meat alternatives will go from an $8.3 billion market in 2023 to $19 billion by 2030.
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And they base that projection on the fact that the potential meatless market didn't even double from almost nothing to a little more than nothing over a period of... 7 years!
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According to a 2022 poll by the Vegetarian Resource Group,6% of the U.S. adult population considers themselves vegan or vegetarian. In 2015, a similar poll found that 3.4% of Americans said they never eat meat, indicating that there is a growing number of Americans opting not to eat meat.
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Never mind that data was from 2 years ago, and since then the fake meat market has dropped off - they have money invested in it, and by Jove they're going to sell as much of that fake meat as they possibly can... before they suddenly announce that they're discontinuing their fake meat dept.
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