At retail, sales woes are ongoing

Combined refrigerated and frozen plant-based meat alternatives generated $100.5 million in the five weeks ended Sept. 3, 2023. This was down 12.1% year-over-year, according to Circana point-of-sales for the conventional multi-outlet channels (grocery, mass/supercenter and club). Unit and volume pressure for combined frozen and refrigerated meat alternatives intensified versus the 52-week look shown below, despite lapping the prior-year declines.