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Meet the meatless: Demand for new generation plant‐based meat alternatives.

Authors :
Zhao, Shuoli
Wang, Lingxiao
Hu, Wuyang
Zheng, Yuqing
Source :
Applied Economic Perspectives & Policy; Mar2023, Vol. 45 Issue 1, p4-21, 18p
Publication Year :
2023

Abstract

With the unique mimicry of the sensory experiences of meats, the plant‐based meat alternatives (PBMA) appeal to consumers outside the traditional vegetarian demographics. This study analyzes market expenditure data from 2017 to 2020 to evaluate the demand for PBMA in relation to meats. Results show that PBMA is a complement for beef and pork while a substitute for chicken, turkey, and fish. Although the current market demand for PBMA is still incomparable with meats, the growth of PBMA sales is significant. This study sheds light on marketing strategies and policies toward the future of PBMA and the fresh meat sector. Related Content: Do plant-based and blend meat alternatives taste like meat? A combined sensory and choice experiment study [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
20405790
Volume :
45
Issue :
1
Database :
Complementary Index
Journal :
Applied Economic Perspectives & Policy
Publication Type :
Academic Journal
Accession number :
161967859
Full Text :
https://doi.org/10.1002/aepp.13232