This couple of graphs from the FT show how strongly plant-based meat sales have been impacted by inflation, first in the US and now in the UK. Things are not evolving in the right direction as food prices are now rising even faster.
In the short term, there is a need for strong investments to make meat alternatives more appealing and affordable. Long-term, players in the space believe that when inflation eases, the plant-based marketer can go back to a 10 to 15% growth a year.
