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The following content is sponsored by The Very Good Food Company
plant-based products: the journey from bean to burger – visual capitalist
As plant-based products become more and more popular, their demand continues to skyrocket.
As a result, alternatives like meatless meat are expected to take a bite out of the conventional protein market in the coming years. In fact, the global plant-based market value is expected to grow 5.5x to reach a projected $162 billion by 2030.
So how do these plant-based alternatives end up on people’s plates? This infographic from the Very Good Food Company (VGFC) traces the supply chain to discover how a plant-based product, such as a vegetable burger, goes from farm to fork.
Many meatless patties are made of ingredients ranging from: nuts, mushrooms, tofu, tempeh, grains, vegetables, beans, or legumes.
According to a survey of over 27,000 global consumers, 88% prioritize buying from companies with ethical sourcing strategies. Moreover, these trends are much more pronounced in younger consumers (aged 18-24), compared to older generations (aged 65+).
After inspection at the manufacturing plant, the ingredients are washed and thoroughly cleaned. This ensures that no dirt or bacteria is left on the raw, often organic products.
From there, the grains are cooked until softened, and strained. Meanwhile, the vegetables are chopped into uniform pieces, either by machine or by hand.
Once that’s done, pre-measured amounts of the grains and vegetables are mixed thoroughly in an industrial mixing bowl to achieve the right ratio.
The mixture is loaded into an automatic patty-making machine—which presses the vegetable burgers into round discs.
The newly formed plant-based patties are loaded onto baking trays, and cooked in an industrial-size oven. From here, they enter a freezing chamber (below 32°F/0°C).
This causes the patties to freeze within 30 minutes, causing ice crystals to form in them. When the meatless patties are cooked, the ice crystals melt, keeping them juicy.
The patties are vacuum packaged and sealed in plastic by serving size, and accompanied with pre-printed cardboard sleeves.
Vacuum sealing helps keep the patties fresher by increasing their shelf life and improving food safety. For many customers, whether or not a plant-based product has sustainable packaging will have a significant impact on their purchases:
As more and more veggie burgers get shipped to stores around the world, companies are looking for more sustainable ways to package patties and to reduce the need for single-use plastics.
Not only are plant-based burgers cruelty-free, they also have a better environmental footprint compared to animal meat:
The Very Good Food Company is a global brand which prides itself on finding innovative ways to make the healthiest food possible. Because VGFC’s founders come from a restaurant background, the company naturally prioritizes organic, high-quality ingredients, with minimal processing throughout the supply chain.
Click here to learn more how this helps the Very Good Food Company boost the wholesome nature of its plant-based products, without compromising on taste.
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Vegetarianism: Tapping Into the Meatless Revolution
First-time investors are faced with an overwhelming amount of information and choices. See how BlackRock is simplifying the process.
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Whether you’re sending your kids to university or preparing for retirement, meeting future financial needs can be a mighty challenge.
This is due to the many economic issues that eat away at your savings. Inflation, for example, is increasing the cost of gas, groceries, and other daily necessities. The COVID-19 pandemic, on the other hand, has thrown a wrench into many people’s personal finances.
This infographic from BlackRock introduces their MyMap range of multi-asset investment funds, and describes the benefits to first-time investors.
plant-based products: the journey from bean to burger – visual capitalist
The above infographic highlighted three savings struggles that make it difficult to meet your future financial goals.
The first is inflation, which refers to the increase in prices of goods and services over time. To understand how inflation can erode the value of your savings, consider this example:
In other words, inflation reduces the purchasing power of your savings over time.
The second savings struggle is increasing longevity, also known as longer life expectancies. Living a longer life is generally a good thing, but it does increase the risk of outliving your savings. Coming up with a solid retirement plan is becoming more important than ever.
A third struggle is the COVID-19 pandemic, which appears to be having a long-term impact on UK households. In a December 2021 survey, UK families were asked to rate their financial situation following the pandemic. Of the 5,770 respondents, only 38% said they were “financially secure”.
Investing has the potential to generate inflation-beating returns. This not only protects your wealth from erosion, but may help it grow over time.
Unfortunately, just 33% of Brits are currently investing in the stock market. To improve this ratio, BlackRock developed the MyMap range of investment funds, which are designed to be approachable for first-time investors. This means that simplicity is a top priority.
As shown below, each MyMap fund is diversified across several types of assets. Or to put it another way, diversification means spreading your savings across different types of investments, to mitigate the risk of any particular one performing poorly. In this case, diversification is achieved through a single product.
MyMap funds also vary by the amount of risk they take, with a lower number signifying less risk. This is why MyMap 3 is heavily weighted towards bonds, which are relatively safer than equities. MyMap 6 takes the opposite approach by investing heavily in equities, which offer greater return potential at the cost of higher risk.
Generally speaking, MyMap 3 is suitable for shorter-term goals (like buying a new car), while MyMap 6 is suitable for longer-term goals (like retirement).
For over 30 years, BlackRock’s mission has been to help people build better financial futures. The MyMap range embodies this by giving new investors a simple, one-stop solution for whatever their goals may be.
Sustainable options are available as well, through the MyMap Select ESG funds (3, 5, and 7). These are tailored to investors who are interested in aligning personal values with financial goals.
Explore the expanding and evolving universe of products that is helping boost the consumer potential of the plant-based alternatives market.
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Plant-based alternatives have exploded in recent years, and by 2030 the total market value is predicted to surpass a whopping $161 billion. The steady growth of this market goes hand-in-hand with another trend: consumers are increasingly being spoilt for choice.
Alternatives products are expanding and evolving in order to offer the same variety as the conventional meat market. Innovative technologies are helping new plant-based products rival animal products in look, taste, texture, and even nutrition.
This infographic from the Very Good Food Company (VGFC) provides a detailed look at the range of plant-based alternatives that could take the market’s consumer potential to the next level.
There are four major categories for plant-based meat: natural meat mimickers, functional meat substitutes, meatless meat, and vegetable-forward products. How do they stack up?
In addition, consumers are increasingly considering the entire supply chain of how a plant-based product goes from bean to burger, into their purchasing decisions.
However, plant-based meat is only one piece of the puzzle contributing to the consumer potential of the industry. Many consumers are also now opting for plant-based alternatives to other products that typically come from animals, from dairy and eggs to honey and gelatin.
The plant-based industry is brimming with new avenues for demand. But to truly reach a wide range of consumers, all these alternatives must also be appetizing and affordable.
Click here to learn how the Very Good Food Company is poised to become a global leader in the space with its great tasting and affordable variety of organic options.
Mapping the Migration of the World’s Millionaires
Who’s Still Buying Fossil Fuels From Russia?
Visualizing the Coming Shift in Global Economic Power (2006-2036p)
Mapped: A Decade of Population Growth and Decline in U.S. Counties
What Does It Take To Be Wealthy in America?
Interest Rate Hikes vs. Inflation Rate, by Country
Iconic Infographic Map Compares the World’s Mountains and Rivers
33 Problems With Media in One Chart
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