Re:50 Years Ago, Sugar Industry Quietly Paid Scientists to B...
by TheRealSteel on Saturday February 13, 2021 @03:37PM
(#26126617)
That doesn't make sense to me at all. You're telling me the plant-based meat market in America is 57% of the size of real-meat, and that the average spend on meat in the US is only 20$ per person per year?
Re:50 Years Ago, Sugar Industry Quietly Paid Scientists to B...
by casefields on Saturday February 13, 2021 @03:44PM
(#26126689)
>The market value of the processed meat is expected to rise from 714 billion U.S. dollars in 2016 to over 1.5 trillion dollars by 2022.
The plant based meat industry alone had a $4 billion market in 2020, about 39% of which is in the US, and it's total is forecasted to grow to $14 billion by 2027. [1]
While not a direct comparison, the US meat market is around a $7 billion annual market. [2]
[1] https://www.grandviewresearch.com/industry-analysis/plant-ba...
[2] https://www.ibisworld.com/industry-statistics/market-size/me...