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by ericmcer 192 days ago
We had a pretty huge "fake meat" funding craze in 2021. Beyond meat traded at >$200 for a bit, now it is $1. Not sure why it all burned out and disappeared.
1 comments

It all burned out because the market for 'fake meat' is tiny, the meat loving ethical or ignorant vegetarians. The vast bulk of the vegetarian market would prefer a lentil burger. In the real market for 'fake meat', it needs to compete economically with factory chicken, which is one of the cheapest protein sources on the planet.