Plantbased Business Hour presents Jen Bartashus, Senior Equity Research Analyst at Bloomberg Research, who talks current climate of plant-based sector; why are US plant based food sales down, and what does this tell us about the animal agriculture as well as the protein alternatives market? Jen discusses how the rise of beef prices are soon to soar, affordability challenges around vegan foods in general, current supply chain issues happening with plant-based alternatives, how the global consumer supply system is going to shift in the near future, and how these (plus many more) market factors will impact consumer choices in the years to come. Also discussed: the State of the Industry Report results, the importance of indicators like BioTech manufacturing goals, and how the growth of tech chips in the U.S. impact the growth of plant-based innovation. Are plant based foods a fad? Spoiler alert: they’re here to stay!
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