Buying In or Selling Out? When Meat and Dairy Corporations Buy Vegan Companies
The plant-based foods market recently topped $3.1 billion in sales and is slated to reach over $5 billion in just a couple years. As a result, the animal-based meat, dairy, egg, and other large corporations see vegan companies and the plant-based products they make as competitors they should fear, emulate, learn from, collaborate with, invest in, or even purchase.
They recognize they need to "buy into" the success, growth, and future of the plant-based market. Some, however, see it as vegan companies "selling out," choosing profit over principles and betraying their loyal vegan customer base.
On today's re-broadcast episode, we explore the many perspectives of such business decisions and speculate about who the biggest winners are in the end.
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