Meet the meatless: Demand for new generation plant-based meat alternatives

Shuoli Zhao, Lingxiao Wang, Wuyang Hu, Yuqing Zheng

Research output: Contribution to journalArticlepeer-review

35 Scopus citations

Abstract

With the unique mimicry of the sensory experiences of meats, the plant-based meat alternatives (PBMA) appeal to consumers outside the traditional vegetarian demographics. This study analyzes market expenditure data from 2017 to 2020 to evaluate the demand for PBMA in relation to meats. Results show that PBMA is a complement for beef and pork while a substitute for chicken, turkey, and fish. Although the current market demand for PBMA is still incomparable with meats, the growth of PBMA sales is significant. This study sheds light on marketing strategies and policies toward the future of PBMA and the fresh meat sector.

Original languageEnglish
Pages (from-to)4-21
Number of pages18
JournalApplied Economic Perspectives and Policy
Volume45
Issue number1
DOIs
StatePublished - Mar 2023

Bibliographical note

Publisher Copyright:
© 2022 Agricultural & Applied Economics Association.

Keywords

  • COVID-19
  • elasticity
  • meat
  • plant-based meat alternatives

ASJC Scopus subject areas

  • Development
  • Economics and Econometrics

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