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Thread: FOOD & BEVERAGE The plant-based food industry is facing a reset as Beyond Meat and Oa

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    FOOD & BEVERAGE The plant-based food industry is facing a reset as Beyond Meat and Oa

    Consumer interest is dropping off in meat-alternatives. Is it the quality? Taste? Overhyped? Would the Greens be better focused on making good vegetarian dishes rather than trying to replace / replicate meat?

    FOOD & BEVERAGE The plant-based food industry is facing a reset as Beyond Meat and Oatly shares suffer

    Wall Street appears to be souring on plant-based substitutes.

    Shares of Beyond Meat and Oatly have shed more than half their value this year. The stocks are both high-profile and relative recent entrants to public markets, prone to big jumps and sharp declines in value, volatility that’s only been exacerbated by broader market swings and pressure from short sellers.




    Beyond Meat trades 87% below its all-time high, and Oatly, which will mark its first anniversary as a public company on Friday, trades more than 80% below its debut price.


    Industry experts say the declines may mark an inevitable shakeout as investor optimism meets reality.


    After years of climbing sales, consumer interest in meat alternatives is waning. Retail sales of plant-based meat were roughly flat in the 52 weeks ended April 30 compared with the year-ago period, according to Nielsen data. Total volume of meat substitutes has fallen 5.8% over the last 52 weeks, market research firm IRI found.


    “We’ve seen this in many categories in the past that take off. They have a shakeout period,” Kellogg CEO Steve Cahillane said in early May on the company’s earnings call.
    ΜOΛΩΝ ΛΑΒΕ


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    Eat mo nutria and coon burgers!
    Today we live. Tomorrow we die
    Evil is da Devil minus da D.

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    I dont trust anything thats mix and mashed with all kinds of scrap ingredients...meat is bad enough...the only plant based thing ive eaten at a friends house was morningstar...I have to admit it tasted pretty good but I still couldnt identify what was in it
    LETS GO BRANDON
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    People have tried it but it is both expensive and nothing special.

    We are used to the inviting smell of charcoal lighter fluid leading to chicken, burgers or hot dogs cooked on the grill.

    I get hungry when I smell lighter fluid, in a reaction similar to Pavlov's dog.
    Let's go Brandon !!!

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    Lol. Chimney starters are all the rage today. That's cause people are too damn stupid to wait until the coals are completely ashed over and the fluid is burned off.

    I live on along a ritzy lake with about 26 miles of roadway circumference. Unfortunately I can barely afford store brand Ritz Crackers. Lol.

    Nice homes(million dollar weekend, "camps") both on the lake side of the highway and on the opposite side of the road.

    I was on the tractor last weekend cutting some pasture for a neighbor about 2 miles down the road. When i finished, I realized it's only 2 more miles to the convenience store and a case of 16oz Budweiser.

    So i made the trip on the tractor at about 12 mph. Lol.

    Wow! You see a lot and learn a lot at that speed.

    All the way there and all the way back people were BBQ ing as it was almost 6pm on Saturday and most had had enough of the water and fun in the sun. They were decompressing for Svengoolie!

    Smelled great! Hit pockets of BBQ, no problem.

    Hawk can identify the meat By smell!

    Chicken here, poke chops dare, ribeyes yonder. Lol. Real beef Hamburgers too! And even mixed grill stuff!

    My nose don't do hot dogs are frozen hamburger patties.

    I was glad to get home and drink a beer and cook some beans.
    Today we live. Tomorrow we die
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    Quote Originally Posted by Common View Post
    I dont trust anything thats mix and mashed with all kinds of scrap ingredients...meat is bad enough...the only plant based thing ive eaten at a friends house was morningstar...I have to admit it tasted pretty good but I still couldnt identify what was in it
    You better give up wieners, Vienna sausage, salami, especially bologna, almost all smoked sausages, and a multitude of products you prolly like as they are all, or part mechanically separated chicken .

    Some of it , imported frozen, with no USDA inspection.

    The Cadillac products like Hillshire use mechanically separated turkey.
    Today we live. Tomorrow we die
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    Quote Originally Posted by carolina73 View Post
    People have tried it but it is both expensive and nothing special.

    We are used to the inviting smell of charcoal lighter fluid leading to chicken, burgers or hot dogs cooked on the grill.

    I get hungry when I smell lighter fluid, in a reaction similar to Pavlov's dog.
    Thats the American High Life, backyard, grills going family, bright sunny day...thats living to me...

    I had barbecues in the summer all my daughters friends came over and hit the pool and the adults all had drinks or beers waiting for the grub...I love it, hearing the kids squeal having fun...I did have to separate the girls at times from ripping each others hair out
    LETS GO BRANDON
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    Once you get over the Virtue Signaling there is no real market beyond actual vegans. I don't mind the choices, but don't like them in my face either!
    My Revenge will be Success! - Donald J Trump

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    Quote Originally Posted by Common View Post
    Thats the American High Life, backyard, grills going family, bright sunny day...thats living to me...

    I had barbecues in the summer all my daughters friends came over and hit the pool and the adults all had drinks or beers waiting for the grub...I love it, hearing the kids squeal having fun...I did have to separate the girls at times from ripping each others hair out


    Did you know the high point in the US Cattle Industry was back in the 70's when the Backyard BBQ was king. Meat was much cheaper back then of course.
    My Revenge will be Success! - Donald J Trump

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    Quote Originally Posted by HawkTheSlayer View Post
    You better give up wieners, Vienna sausage, salami, especially bologna, almost all smoked sausages, and a multitude of products you prolly like as they are all, or part mechanically separated chicken .

    Some of it , imported frozen, with no USDA inspection.

    The Cadillac products like Hillshire use mechanically separated turkey.
    If I want sausage, I get the homemade stuff at the farmers market. I can't eat that Chinese imported stuff.
    ΜOΛΩΝ ΛΑΒΕ


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