Is Plant-Based Meat Ripe for Expansion?
Sales for plant-based meats have weakened in recent months.Unit sales for refrigerated and frozen plant-based meats for the four weeks ended April 24 were down 8.3%, to 17.2 million, compared to a year prior, according to market research firm IRI. Pound sales for the period declined 6.4% to 12 million, while dollar sales edged up 0.7% to $92.3 million, no doubt boosted by inflation, reported Supermarket News (July 18).
