Double-digital drops in retail performance in nearly every alt-meat category dragged on the results for the category as a whole, compared with a year ago.
Photo credit: Northwest Retail (Wikimedia Commons)
This item is contributed by Anne-Marie Roerink of 210 Analytics LLC, based on her research.
Total plant-based meat alternatives
Combined refrigerated and frozen plant-based meat alternatives generated $118 million in the five weeks ended May 29, 2022, which moved sales -0.9% behind May 2021 levels. Additionally, dollar gains were boosted by the inflation predominantly seen in frozen (not as much in refrigerated) meat alternatives. In May 2022, meat alternative unit and volume sales were down year…