The plant-based meat industry is selling the wrong story.
Occasional plant-based meat buyers prioritize taste (76.8%) and price (71.9%) over environmental impact.
Data drop hero and methodology stats.
What investors got wrong about plant-based meat, and how the numbers told a different story.
Key takeaway cards for this data drop.
Occasional plant-based meat buyers prioritize taste (76.8%) and price (71.9%) over environmental impact.
57% of consumers are already purchasing plant-based alternatives, but only 20% are regular consumers.
Nearly 40% of consumers report increasingly positive perceptions of plant-based meat alternatives, while only 7.4% report negative shifts.
Expert video and commentary.
Our CEO's take:
The Plant-Based Paradox
The plant-based meat industry has raised billions but the results are sobering. After raising $450M, Meati sold for just $4M. But the problem isn’t demand. Watch Cashew CEO, Addy Graves break down the data and discover the insights that could change how brands approach the plant-based market.
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