With summer just around the corner, it’s not just the weather heating up in Canada. The plant-based foods sector is also starting to sizzle.
Consumers are increasingly following the advice of the new Canada Food Guide, which highlights the nutritional benefits of protein sources like nuts, beans, legumes, pulses and tofu in place of meat, eggs, fish and dairy products. And these eating habits are expected to stick, with a recent report anticipating that up to 60 per cent of “meat” may come from non-animal sources by the year 2040.
Consistent with these shifts in consumer preferences, plant-based meat company Beyond Meat recently saw its stock price surge almost 40 per cent, after its first performance report as a publicly traded company revealed far better-than-expected sales.
This is the same company that also enjoyed one of the hottest initial public offerings of the year, rising more than 150 per cent on its first day of trading earlier this year. Overall, the stock’s price is up about 400 per cent since its debut.
Restaurants, grocers offer plant-based foods Adapting to shifting consumer preferences, several Canadian restaurant chains have introduced plant-based items to their traditionally meat-laden menus. When A&W Canada launched the Beyond Meat Burger last fall, restaurants across the country sold out within days and took months to restock sufficient supplies to ensure a smooth relaunch.
Tim Hortons now sells vegan breakfast sausages, Quesada introduced tacos made with veggie meat and Earl’s has launched its own Beyond Burger as well as a new vegan menu.
Canadian grocery stores are now stocking Beyond Meat, and some are developing their own in-house options. Shutterstock Canadian grocery stores are also catering to consumers’ predilection for plant-based meats. Last month, mainstream supermarkets across the country began carrying the Beyond Burger, with some opting to place the product not in the health food aisles but instead in the butcher section alongside steaks and ribs.
And some retailers have additionally developed their own in-house varieties of plant-based foods, including the President’s Choice selection of veggie burgers, chicken-less fingers and beef-free crumble. Furthermore, shoppers now face an embarrassment of riches in the dairy section, with anyone seeking to avoid cow’s milk enjoying a choice of beverages made from soy, almond, coconut and oat.
These developments are indicative of a sea change in the market for vegan foods, with demand coming not just from vegetarians. Meat eaters, too, are drawn by the lower health risks associated with non-animal sourced proteins, a desire to reduce the environmental impact of their food choices and concerns about animal welfare.
Read more: Meat consumption is changing but it's not because of vegans
About $1bn has been invested in vegan meat replacements and the industry is growing rapidly. Photograph: Graeme Robertson/The Guardian Most of the meat people eat in 2040 will not come from slaughtered animals, according to a report that predicts 60% will be either grown in vats or replaced by plant-based products that look and taste like meat.
The report by the global consultancy AT Kearney, based on expert interviews, highlights the heavy environmental impacts of conventional meat production and the concerns people have about the welfare of animals under industrial farming.
“The large-scale livestock industry is viewed by many as an unnecessary evil,” the report says. “With the advantages of novel vegan meat replacements and cultured meat over conventionally produced meat, it is only a matter of time before they capture a substantial market share.”
The conventional meat industry raises billions of animals and turns over $1tn (£785bn) a year. However, the huge environmental impacts have been made plain in recent scientific studies, from the emissions driving the climate crisis to wild habitats destroyed for farmland and the pollution of rivers and oceans.
Avoiding meat and dairy is ‘single biggest way’ to reduce your impact on Earth Read more Companies such as Beyond Meat, Impossible Foods and Just Foods that use plant ingredients to create replacement burgers, scrambled eggs and other products are growing rapidly. AT Kearney estimates $1bn has been invested in such vegan products, including by the companies that dominate the conventional meat market. Beyond Meat raised $240m when the company went public in May and its shares have more than doubled since.
Other companies are working on growing meat cells in culture, to produce real meat without needing to raise and kill animals. No such products have yet reached consumers, but AT Kearney predicts cultured meat will dominate in the long term because it reproduces the taste and feel of conventional meat more closely than plant-based alternatives.
“The shift towards flexitarian, vegetarian and vegan lifestyles is undeniable, with many consumers cutting down on their meat consumption as a result of becoming more conscious towards the environment and animal welfare,” said Carsten Gerhardt, a partner at AT Kearney. “For passionate meat-eaters, the predicted rise of cultured meat products means that they still get to enjoy the same diet they always have, but without the same environmental and animal cost attached.”
World’s first lab-grown steak revealed – but the taste needs work Read more The report estimates 35% of all meat will be cultured in 2040 and 25% will be vegan replacements. It highlights the far greater efficiency of the alternatives to conventional meat.
Almost half the world’s crops are fed to livestock, but only 15% of the plant calories end up being eaten by humans as meat.
My daughter went totally to a Vegan lifestyle. Now she has a business selling cakes and confections without animal products. They are delicious and some look like works of art using natural coloring from vegetables I have been slowly gravitating to this lifestyle. I find the foods more satisfying. There is a product, "Beyond Burgers". You can't tell the difference between those and a real beef burger! They also sell a sausage product that's great.
I'm still looking for a movie my daughter recommended, "Cowspiracy". Have you seen it?
Tsubie52: My daughter went totally to a Vegan lifestyle. Now she has a business selling cakes and confections without animal products. They are delicious and some look like works of art using natural coloring from vegetables I have been slowly gravitating to this lifestyle. I find the foods more satisfying. There is a product, "Beyond Burgers". You can't tell the difference between those and a real beef burger! They also sell a sausage product that's great.
I'm still looking for a movie my daughter recommended, "Cowspiracy". Have you seen it?
bcjenny: Hi. the video was not available what did I miss? If Europe produces so much meat why also import? The slaughter houses here in Canada are deplorable. Animals are beaten up by staff as pictures shown tell us Calves in cages, hogs in cages so none can move. Chickens getting their beaks cut Cows never see daylight .............. Mass production, it is all about money!!!
Plant-based diets risk ‘dumbing down’ the next generation, nutritionist warns
A vegan diet may “dumb down” future kids, a nutritional expert has warned.
Writing in the health journal BMJ Nutrition, Prevention & Health, Dr. Emma Derbyshire says a plant-based diet lacks choline — a key nutrient for mental development. It is mainly found in beef, eggs, dairy, fish and chicken.
According to Derbyshire, studies suggest low levels in pregnancy can harm the fetus and raise the child’s risk of memory and brainpower problems.
Nutritionists also say nine in 10 adults are lacking in choline and that will worsen as more ditch meat and eggs.
“It could leave many women of childbearing age deficient in this key nutrient,” Derbyshire said.
“We are at risk of dumbing down the brainpower of the next generation.”
Bladewound: If God wanted us to only eat grass, then why did He invent meat?
He made us omnivores.
Dental and Skull Anatomy of Carnivores, Herbivores, and Omnivores
Omnivores, such as raccoons, opossums, bears, and humans, are animals that consume both plant and animal material. Accordingly, omnivores have dentition, skulls, and teeth suitable for handling a variety of foods.
CossackCat: Plant-based diets risk ‘dumbing down’ the next generation, nutritionist warns
A vegan diet may “dumb down” future kids, a nutritional expert has warned.
Writing in the health journal BMJ Nutrition, Prevention & Health, Dr. Emma Derbyshire says a plant-based diet lacks choline — a key nutrient for mental development. It is mainly found in beef, eggs, dairy, fish and chicken.
According to Derbyshire, studies suggest low levels in pregnancy can harm the fetus and raise the child’s risk of memory and brainpower problems.
Nutritionists also say nine in 10 adults are lacking in choline and that will worsen as more ditch meat and eggs.
“It could leave many women of childbearing age deficient in this key nutrient,” Derbyshire said.
“We are at risk of dumbing down the brainpower of the next generation.”
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Consumers are increasingly following the advice of the new Canada Food Guide, which highlights the nutritional benefits of protein sources like nuts, beans, legumes, pulses and tofu in place of meat, eggs, fish and dairy products. And these eating habits are expected to stick, with a recent report anticipating that up to 60 per cent of “meat” may come from non-animal sources by the year 2040.
Consistent with these shifts in consumer preferences, plant-based meat company Beyond Meat recently saw its stock price surge almost 40 per cent, after its first performance report as a publicly traded company revealed far better-than-expected sales.
This is the same company that also enjoyed one of the hottest initial public offerings of the year, rising more than 150 per cent on its first day of trading earlier this year. Overall, the stock’s price is up about 400 per cent since its debut.
Restaurants, grocers offer plant-based foods
Adapting to shifting consumer preferences, several Canadian restaurant chains have introduced plant-based items to their traditionally meat-laden menus. When A&W Canada launched the Beyond Meat Burger last fall, restaurants across the country sold out within days and took months to restock sufficient supplies to ensure a smooth relaunch.
Tim Hortons now sells vegan breakfast sausages, Quesada introduced tacos made with veggie meat and Earl’s has launched its own Beyond Burger as well as a new vegan menu.
Canadian grocery stores are now stocking Beyond Meat, and some are developing their own in-house options. Shutterstock
Canadian grocery stores are also catering to consumers’ predilection for plant-based meats. Last month, mainstream supermarkets across the country began carrying the Beyond Burger, with some opting to place the product not in the health food aisles but instead in the butcher section alongside steaks and ribs.
And some retailers have additionally developed their own in-house varieties of plant-based foods, including the President’s Choice selection of veggie burgers, chicken-less fingers and beef-free crumble. Furthermore, shoppers now face an embarrassment of riches in the dairy section, with anyone seeking to avoid cow’s milk enjoying a choice of beverages made from soy, almond, coconut and oat.
These developments are indicative of a sea change in the market for vegan foods, with demand coming not just from vegetarians. Meat eaters, too, are drawn by the lower health risks associated with non-animal sourced proteins, a desire to reduce the environmental impact of their food choices and concerns about animal welfare.
Read more: Meat consumption is changing but it's not because of vegans