Re:Impossible Foods Plans to Lay Off About 20% of Workers
by sokoloff on Monday January 30, 2023 @06:31PM
(#34588253)
Because a lot of people think meat tastes good but for whatever reason(s) don't want to participate in the industrial farming of animals.
In my view (as someone generally on the carnivorous spectrum of dietary preferences), Impossible's beef substitute product is quite tasty for any dish where beef is "an ingredient, but not the central focal point". Hamburger, sloppy Joe, tacos, meatballs, lasagna, etc are the perfect spot for it.
Their biggest problem is the price is utterly uncompetitive with utility-grade, 80% lean ground beef. If volume production, cutting overhead costs, or other actions can get them competitive (and eventually under) that price reference, they'll have a runaway hit on their hands.
In my view (as someone generally on the carnivorous spectrum of dietary preferences), Impossible's beef substitute product is quite tasty for any dish where beef is "an ingredient, but not the central focal point". Hamburger, sloppy Joe, tacos, meatballs, lasagna, etc are the perfect spot for it.
Their biggest problem is the price is utterly uncompetitive with utility-grade, 80% lean ground beef. If volume production, cutting overhead costs, or other actions can get them competitive (and eventually under) that price reference, they'll have a runaway hit on their hands.