Barclays Analysts Predict x10 Growth Of Alternative Meat Market
For any investors out
The global meat market is, according to the Barclays report titled ‘I Can’t Believe It’s Not Meat’, set to be worth $1.4 trillion by 2029. And the report forecasts that alternative meat products will
Meat alternatives can be broken down into two main groups. The first is
Beyond Meat, which recently had an incredibly successful IPO, and Impossible Foods, are the two best known examples of well-funded and quickly growing
The second group
‘Clean meat’, as these lab grown meat alternatives are also referred to has attracted significant funding. Both from within the commodities and meat trading sector and other high profile investors such as Microsoft’s Bill Gates.
However, even if the alternative meat sector grows as quickly as Barclays’ analysts believe it will, the challenge for investors will be in backing the right horses. Beyond Meat’s share price has more than tripled to $80 since its May 2
But it would be naïve to think every meat alternative start-up or IPO will be as successful. There will be plenty of hype, and quite possibly
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