On one hand, retail sales for plant-based meat analogs are limp, with combined sales for refrigerated and frozen plant-based meat alternatives down 9% year over year in February 2023, according to IRI point-of-sales data. In addition to dollar losses (the category racked up $84.8 million in sales for February), units sold and volume for meat alternatives also fell versus year-ago levels.
Hooray Foods customers, fans and supporters of the plant-based food industry can invest in the company for as little as $100 in exchange for company equity and product perks.
As part of its continued commitment to sustainability, Thai Union and Chicken of the Sea Frozen Foods are announcing an alliance in North America with leading plant-based seafood brand, The ISH Food Company.
Meat alternative, meat substitute, mock meat— whatever you want to call it, if imitation is the highest form of flattery, the burger is having its moment.