Plant-Based Meat Could See Boost Post COVID-19 Outbreak
Plant-based meat alternatives could see sales increase once the COVID-19 epidemic has subsided, an industry analyst has suggested.
Andy Coyne of GlobalData Food noted an uptick in plant-based protein sales in China, where the virus first originated, and where industry is starting to return to relative normality.
“The food industry will be looking to China for future trends because it was first into the Covid-19 crisis and is one of the first to emerge from it,” Coyne said.
“US ‘alt-meat’ company Beyond Meat has just launched in China, through the Starbucks chain, and fast-food giant KFC is offering meat-free ‘chicken’ products there made by US agri-food giant Cargill. This seems to be indicative of a wider trend in the country of looking for protein alternatives to meat – and of companies looking to tap into that interest.”
ESM
Related news
SMEs can apply for HUF 48 billion in non-refundable equipment purchase support
Micro, small and medium-sized enterprises can apply for 48 billion…
Read more >Chinese retailers see AI as the future of boosting sales
According to a new survey by Bain & Company, the…
Read more >Related news
EuroCIS 2025: Serious interest in the retail technology trade fair
Amazon and TikTok recently signed an agreement that will allow…
Read more >On self-acceptance, self-liberation and the gift of everyday life – We were learning together (Business Days 2024 Part 2)
On Friday at the Business Days conference it was all…
Read more >