It's going to fail in the market, and the reason is that they are trying the same failed marketing strategy that didn't work for Beyond Burger/Impossible Burger: They are trying to market their product as "environmentally conscious/better/etc".
Vegetarians buy those burgers, other people don't. People simply don't care about other reasons, they care if the product tastes good and is cheaper, they'll also consider health (i.e. lower fat/chemicals/processing/etc). That's it.
And this cheese has an even harder sell: There are even fewer vegans than there are vegetarians.
Their only hope is for this cheese to be cheaper than cow cheese, and based on their website and lack of retail sales I doubt that it is.
Interesting, I guess it depends on where you are, because that's not how it seems to 'work' over here (Netherlands/Germany). Plenty of people buy vegan and vegetarian substitutes just to eat less meat. Both for health and environmental reasons.
Over the past few years there has been a big increase in plant-based products I can buy from the supermarkets. A decade back they had two types of soy-milk, now there is 30-40 types/brands/flavours of plant-based 'milks'. Even the big dairy companies are now actively marketing plant-based dairy.
I eat lots of plant based products, but I avoid all imitation products (products that try to copy the characteristics of animal products) because they have always tasted or felt worse to me.
For example, bean or quinoa or whatever plant based burger patties are great (and cheaper), beyond or impossible imitation meat patties are awful (and expensive). Same with eggs and cheese.
For us it depends on the day. Sometimes we want homemade bean burgers, store-made quinoa or we go out for a fancy impossible burger. There's room for everything, maybe just not as a unicorn business for a single product.
Just to give you some perspective, there are people here who modify their diesel trucks with the sole purpose of producing MORE pollutants, not power or speed, just contamination.
Most people don’t like to think about it, but eating cheese is just one step removed from eating meat in terms of animal cruelty. Many calves have to die in order to keep the milk cows lactating.
Are beyond and impossible really failed? In Australia they seem quite popular. Just basing this off the fact that the supermarket section for plant based meat/dairy alternatives seems to be exploding in recent years. Also a few popular burger chains here offer impossible meat as one of the main vege options.
> trying the same failed marketing strategy that didn't work for Beyond Burger/Impossible Burger
Are they? From FTA (emphasis added):
> The difference between that entrant and its competitors wasn’t a silky mouthfeel or buttery flavor, but rather the fact that the Climax Blue — which is served in restaurants including Michelin-starred Eleven Madison Park in New York
There's already many vegan cheese varieties on the market, some have been around a while and seem to do quite well. Miyokos is my favorite, made of cashews. Lots of people don't eat dairy for many reasons (ethical, allergies, intolerance)
For example, most of Mongolia is technically lactose intolerant but they drink tons of horse milk. Has to do with having good gut microbiomes that help with milk digestion. Plus cheese, especially aged cheese, have low levels of lactose.
I thought that cheese production itself was a workaround for lactose intolerant? I mean, fermentation process removes most, if not all of the lactose, making cheese edible for people with intolerance?
Vegetarians buy those burgers, other people don't. People simply don't care about other reasons, they care if the product tastes good and is cheaper, they'll also consider health (i.e. lower fat/chemicals/processing/etc). That's it.
And this cheese has an even harder sell: There are even fewer vegans than there are vegetarians.
Their only hope is for this cheese to be cheaper than cow cheese, and based on their website and lack of retail sales I doubt that it is.