UBS predicts the US sales of plant-based protein and meat alternatives will increase from $4.6 billion in 2018 to $85 billion in 2030, while the sales of plant-based … The growth of plant-based foods has surged over the past few years.
Beyond Meat's plant-based meat product in a grocery store meat aisle. The bank UBS expects the U.S. plant-based meat market to grow by 28% a year, from … Thanks to product developers and suppliers, better-for-you, plant-forward food has been made more accessible at retail and foodservice. 1 Within foodservice, the prevalence of meat … By Will Chu. McDonald's could sell over 250 million Beyond Meat burgers in U.S. annually - UBS ... only 20-30 plant-based Beyond Meat burgers per day in Canadian restaurant testing, although … Further, engagement on social media is rising, with Instagram interactions across 13 plant-based meat brand pages up 120%+ year-to-date. Zhenmeat has been dubbed the "Chinese version of Impossible Foods" and launched its plant-based meat products on the market last year, where they sold plant-based mooncakes during … UBS introduced an interactive model to forecast global plant-based meat demand. In an April 27 report, analysts at UBS slashed their price target for Beyond Meat’s stock from $90 to $73. The growth of plant-based foods has surged over the past few years. Investment bank UBS forecasts 28% compound annual growth for global plant-based meat sales, taking the category from less than $5 billion in 2018 to $85 billion in 2030. UBS analyst Steven Strycula cut his rating on the shares of Beyond Meat - Get Report to sell from neutral, saying the maker of plant-based meat substitutes has soared to overvalued levels. Favoring Beyond Meat's first-mover advantage in the plant-based meat market, UBS initiated coverage with a “neutral” rating and a price target of $85. The development of plant-based foods, gene editing, and food personalization will disrupt the whole food value chain. Personalised nutrition future to rival plant-based meat, says UBS. With a number of significant investments and product launches in recent weeks, this is one trend that shows no sign of abating. The plant-based food market is growing rapidly as alternatives to milk, meat, and even eggs are now readily available to buy. … - Plant-Based Meat Awareness is high and growing: Based on the UBS Evidence Lab survey of 3,100 consumers, 79% of respondents in developed countries (US, UK, Germany) are aware of plant-based meat. In its first Q-Series report, UBS analyzes the fast-growing plant-based meat (“PBM”) industry and forecast its impact on the $1.2 trillion animal meat … UBS estimates that Beyond Meat’s total addressable market for plant-based meat is about $1.2 trillion, with these products representing less than 1% share of the global market. Dive Brief: Investment firm UBS projects growth of plant-based protein and meat alternatives to increase from $4.6 billion in 2018 to $85 billion in 2030. MarketWatch quoted a UBS research report on Beyond Meat in November, saying the company could reach $1.8 billion in sales by 2025 to seize a 13% share of the U.S. plant-based meat market. Based on primary data sources and collaboration with UBS analysts across four geographical regions, its base case models global PBM volume consumption to grow at a +31% CAGR through 2025 vs. an animal-meat CAGR of 0.9%. Dive Brief: The top reason why consumers decided to eat plant-based meat alternatives is because they like to try new foods, according to a survey by the International Food Information … The U.S. plant-based meat industry was worth $801 million and was the third fastest-growing category of plant-based foods, behind milk and other dairy substitutes for the year ending 2019. The plant-based meat market has quickly become a $4.6 billion industry and it’s expected to continue growing, climbing to $85 billion by 2030, according to UBS. UBS … 23-Jan-2020 - Last updated on 22-Jan-2020 at 21:27 GMT ©iStock/Hywards . McDonald's Corp is selling only 20-30 plant-based Beyond Meat burgers per day in Canadian restaurant testing, although sales are reaching 100 burgers a day in more densely populated … Related tags: UBS, personalised nutrition, Nestl é. In a client note released on Tuesday, the finance giant likened its potential to that of the market for plant-based protein and lab-created meat, which is projected to reach €77bn by 2030.
With a number of significant investments and product launches in recent weeks, this is one trend that shows no sign of abating. JBS USA, the beef-producing sister company to Pilgrim’s Pride Corp. (Nasdaq: PPC), is joining its industry competitors within the plant-based meat segment. That's the "future of food," according to a UBS analyst, who sees diet personalization as the next plant-based meat.
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