Story #9 – Plant-based Future?

by David Korzinski | December 21, 2019 8:30 pm

It was a big year for plant-based meat products both in Canada and globally, as products like Beyond Meat spread from restaurant to restaurant, and competitors joined[1] in on the action.  In the minds of younger Canadians, this is a trend that will only continue to grow, while those 35 years of age and older are divided about whether this will be a fad. But what does it mean for Canada? In Alberta, where Canada’s beef industry is primarily concentrated[2], pessimism about the economic impact of more plant-based proteins (35%) outpaces optimism (21%). However, the rest of the country views the trend as more positive than negative for the economy.

Read the story here: https://angusreid.org/beyond-meat-plant-based/[3]

Endnotes:
  1. competitors joined: https://www.fool.com/investing/2019/09/27/beyond-meats-competitor-only-largest-food-company.aspx
  2. primarily concentrated: https://www.cattlefeeders.ca/industry-overview/alberta-cattle-feeding-facts-and-stats/
  3. https://angusreid.org/beyond-meat-plant-based/: https://angusreid.org/beyond-meat-plant-based/

Source URL: https://angusreid.org/story-9-plant-based-future/