>>513080850
The vegan products market overall has been in rapid decline since early 2021.
As it goes, after Bidenโs inauguration, many large VC investors who pledged money to vegan item manufacturers, retailers and other players in the market. At the time, the projections claimed endless growth for veganism (rebranded plant-based so the ethical part could be removed to make veganism mainstream-friendly), but - wow - the numbers were never there to backup the estimated future revenue because there were nowhere near the number of people buying these items. VCs donโt have left-leaning bleeding heart desire to blow cash on social programming, so they pull up stakes and run when they know the projections are bullshit. This caused many vegan companies to implode as they had been experiencing great COVID-era sales increases, but when shit reopened nationwide, 6 months later, sales were back to old numbers and that was as good as it got.
Most people arenโt aware that Bill Gates was an early Beyond Meat investor, giving over $30 million to them for product development. Iโm sure he helped bail them out, as companies will creatively buy their own product to inflate numbers if need be as JUST vegan foods got caught a few years back. Remember, it wasnโt about saving animals, it wasnโt about improving your health (though arguably, most people could use more exposure to vegetables and natural foods), it has always been about reshaping society to weaken us further. Sure, some in the vegan movement were good people with good hearts, but the whole thing got co-opted long ago by corporate bullshit and now itโs a fucking joke.
t. Guy who used to be in the field who left just before the crash