One of the main reasons people won’t try plant-based meat alternatives is the price. But as the cost of beef and pork has steadily risen in recent months, and the price of alternative meat products made with pea protein and other plant-based ingredients is expected to fall, the price gap is expected to be erased by 2023.
Demand for New Generation Plant-Based Meat Alternatives
According to an article from 2021 in CNBC, the plant-based meat in grocery stores have increated 27% over the course of the year with over $7 billion in sales.
