You are viewing a single comment's thread from:

RE: Change In Food? Impossible Foods IPO

in LeoFinance4 years ago (edited)

I'm kinda turned off by all this meatless meat stuff. If the people want it they should have it available indeed but I doubt it will ever replace actual meat even the stem cell lab grown. Hunting is a sport in many countries around the world, not just for nourishment. I live in an area where farming and eating said locally grown animals is the culture at no matter the price, and the prices on meats have increased a lot in the last few years.

They tried to bring some impossible meat products to various high profile chains for a vegan option and "popular demand" but when it came time to sell it, most went to waste so they removed many of the products off the menu for lack of sales. People say they want something but when push comes to shove, actions speak otherwise.

Sort:  

That is all true. Of course, price has a way of dictating a lot when it comes to people's choices.

If the lab grown options are 50% or 70% less, we might see massive change in people's habits. This is especially true in urban areas where a lot of the food price is due to transportation.

We will see how people adapt when given more choices that are actually competitive with that they have now.

Posted Using LeoFinance Beta

Of course price dictates a lot maybe certain cities it will catch on more than other, maybe in the East it may become more popular than here in the Canadian mid-west, it is farmed right here, even living in the city it's still pretty close to the source. As it gets more expensive here, more are shifting to buying farmers direct to save on costs rather than seek meat alternatives, the markup from the supermarket alone is insane.

Sure they will grow in popularity but I doubt it will become the dominant market over meat at least not this generation. Convenience cost $$, I see lab grown as a means of convenience and a lot of people are going to have a problem with the concept itself like gmo's and rgbh.