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Delaying Commoditization of Plant Proteins
One of the leading hurdles in maintaining and growing an agri-food business is that farmers and processors are inherently limited in their ability to differentiate food items purchased by the consumer. If someone presented you with two glasses of milk from completely different farms your ability to separate the two by taste, smell, or visual perceptions is generally quite limited. When producers sell homogeneous products like fluid milk, corn, or soybeans these products become categorized as commodities where market shifts affect all sellers irrespective of farm level operations. For this reason, producers of commodity goods must accept downstream prices which often offer extremely tight or “non-existent” margins. Therefore, the incentive to differentiate or de-commoditize products to...
A Deep Dive into Pea Proteins
Finish your peas! A common childhood recollection for many adults who dreaded the round, green veggies untouched on the edge of their dinner plate. Those small, high-in-protein morsels have appeared to...
French Plant-Based Protein Maker Roquette Sees Short-Term COVID-19 Impact
The plant-based protein market has seen a slowdown in new product launches and lower sales in restaurants and cafeterias due to COVID-19 but benefited from more people cooking at home and trying new products, French manufacturer Roquette said.
The market for plant-based protein such as meat-free burgers has surged in the past few years, attracting major investment from global agrifood groups, including Archer Daniels Midland, Cargill, and Nestle, hoping to capitalize on a trend towards healthy eating generally, including less red meat.
But lockdowns around the world to prevent the spread of COVID-19 have shaken the market, Jean-Philippe Azoulay, Head of Pea and New Proteins Business at French ingredient maker...
COVID-19 Impact on the Plant-Based Meat Market
According to MarketsandMarkets, the global plant-based meat market size is projected to grow from $3.6 billion in 2020 to $4.2 billion by 2021, recording a compound annual growth rate of 17.0% in the realistic scenario during the forecast period.
The pea segment is projected to be the fastest-growing segment in the plant-based meat market during the forecast period.
The use of pea in plant-based meat has gained significant prominence over the past two years, driven by companies such as Beyond Meat (US), R&S Blumos (Brazil), and other regional players who are...
Cargill Survey: At-Home Learning is Changing Parents Buying Habits as School Meals Off the Table
Current Restaurant Restrictions and Capacity By State
Urner Barry Releases January Soy and Wheat Protein Report
Meat and Poultry Worker COVID-19 Case Rates Five Times Lower in December than May
Urner Barry Expands Lamb Price Coverage with New Imported Market Report
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