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Why Inflation is Good News for Plant-Based Food
Posted
November 29, 2021
Views
730
Likes
19
Comments
4
Engagement
3.15%
November 29, 2021
730
19
4
3.15%
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2:32Now PlayingThe food inflation that’s gripped the world in the past year and raised prices of everything from cheese to steak is good news for the plant-based food market. That’s the view of Next Gen Foods, a Singapore-based startup that makes faux chicken from soy. Chief Executive Officer Andre Menezes says soaring beef and poultry prices are key drivers of food inflation, and the shrinking price gap is making plant-based alternatives much more attractive for consumers. Bloomberg Quicktake’s Rosalie e'Silva reports.
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