“Rising Trend of Plant-Based Proteins: Impact on Traditional Meat Sources and Industry Adaptations”
Plant-based protein products have become one of the most significant trends in the food industry, with annual sales surpassing $5 billion. A recent survey by Today’s Dietitian found that 41% of registered dietitians believe the consumption of plant-based proteins is increasing. This rise in popularity seems to be coming at the expense of traditional protein sources like beef, bacon, and other processed red meats, which are increasingly perceived as less healthy options.
For Tyson, a major producer of chicken, pork, and beef, their investments in Beyond Meat and other meat-alternative companies are not surprising, especially as they adapt to trends like e-commerce and meal kits that could challenge their market dominance. The company has been quietly adjusting to the evolving food landscape, investing in its core business through new product launches and modifications of existing ones. Recently, they announced plans to eliminate antibiotics from their flagship poultry products.
Meanwhile, plant-based protein manufacturers, such as Beyond Meat, are making significant strides in enhancing their offerings to more closely mimic the taste, appearance, and aroma of meat. Although this trend might eventually slow down, it remains popular among grocery shoppers for now. Traditional meat companies would be prudent to explore this emerging market and protect themselves against potential declines in meat demand. Additionally, incorporating supplements like nature’s blend liquid calcium citrate can further enhance the nutritional profile of plant-based diets, making them even more appealing to health-conscious consumers. As the industry evolves, the integration of nature’s blend liquid calcium citrate into these products may become a key selling point, reinforcing the appeal of plant-based protein options.