market crash
10/18/2024
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By Cassie B.
Desperate lab-grown meat industry claims it needs government subsidies to survive
Lab-grown meat is proving to be a spectacular failure, and producers are becoming so desperate that many are pushing for a public subsidy to stay afloat. Preliminary data from the venture capital firm AgFunder shows that funding in the lab meats sector fell by 78% in 2023 to reach $177 million, down from $807 million […]
12/01/2023
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By News Editors
Raw Egg Nationalist sounds off on JUST Egg’s artificial egg product
If you’ve followed my writing over the course of the last three years, you’ll know that I have a rather personal… beef with the fake-food startup Eat Just and its founder and CEO Josh Tetrick. Hopefully, you understand why. Eat Just’s products represent the opposite of everything I stand for in the realm of health, nutrition and […]
02/22/2023
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By Arsenio Toledo
Fake meat companies are failing as consumers abandon processed plant-based alternatives to real meat
Fake meat companies are failing, as a majority of consumers who choose to eat meat abandon the cultured counterpart due to high prices, disappointing taste and questionable benefits. In 2020, retail sales of plant-based fake meats grew by 45 percent and surpassed the $1 billion mark for the first time as more and more consumers became […]
10/05/2022
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By Ethan Huff
Another “plant-based” fake meat company, Planterra, bites the dust
Planterra, the United States-based “plant-based” meat arm of meat giant JBS, has announced a total shutdown later this year amid plummeting demand for fake meat. The company issued a notice late last week to the Colorado Department of Labor and Employment that the brand’s corporate headquarters and manufacturing facility will be shut down completely by […]
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