Plant Based Meat Vs Meat Price. When this happened they wrote adoption of more plant-based eating will. Its currently worth around 1 billion but this is expected to increase by 4000 percent in the next decade potentially reaching a worth of more than 40 billion.
The growth could be partly due to Beyond Meats recent IPO. According to Reuters Impossible Foods just announced an average 15 percent reduction in the price of products sold to US. Before the Butcher s Mainstream Plant-Based Patties are available to retail and foodservice providers at a low wholesale price with a suggested retail price.
The Future of Plant-Based Meat.
The meat industry has a well-established foothold on the US. Their analysis suggested that price parity between existing plant-based meats for example the Impossible Burger and animal-derived meats would arrive sometime between 2021-23. 97m Beyond Meat. Impossible and rival Beyond Meat Inc.
