Bubbles are bad. Fortunately, the data says the alt-meat industry, despite its meteoric growth, is not a bubble.
Photo via Wikimedia Commons
Bubbles are bad. Unless you’re a toddler or toasting with champagne you want to be nowhere near them, especially when there are large sums of money at stake.
And “large sums” are at the center of conversations around the alt-meat industry. Sums like $1.4 billion (the estimated value of the alt-meat market in 2020), 400 (the percentage increase in Beyond Meat’s stock price since its May 2019 IPO), and $10 billion (reportedly the market value of Impossible…
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