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Macro- and Microeconomic Analysis of the Meat Substitute Market in Germany

Macro- and Microeconomic Analysis of the Meat Substitute Market in Germany PDF Author: Jakob Scheidel
Publisher: GRIN Verlag
ISBN: 3346464636
Category : Business & Economics
Languages : de
Pages : 19

Book Description
Studienarbeit aus dem Jahr 2021 im Fachbereich BWL - Handel und Distribution, , Sprache: Deutsch, Abstract: The following report examines both the German market for meat substitutes and Beyond Meat as a company in its self. For this purpose, the report is divided into two large parts. The macroeconomic and the microeconomic analysis. In the second part, Beyond Meat's current strategies for the German and European markets are examined and suggestions for the future are made. Plant-based food is currently a huge economic trend. 8 percent of the world's population now have a plant-based diet. About 70 percent of the world's population is reducing their meat consumption, so the market for plant-based foods is getting bigger and bigger every year. By 2017, the meat substitute market is expected to grow up to 35.5 billion US dollars. The IPO of the US company Beyond Meat in May 2019 underlined once again how big the hype around meat substitute products really is. The stock market price grew by several hundred per cent in the meantime, at least temporarily surpassing the IPOs of Amazon, Facebook or Google. The "Beyond Meat Burger" has also been available at Lidl in Germany since 2019.However, demand significantly exceeded the quantity supplied, and so many people went home empty-handed.

Macro- and Microeconomic Analysis of the Meat Substitute Market in Germany

Macro- and Microeconomic Analysis of the Meat Substitute Market in Germany PDF Author: Jakob Scheidel
Publisher: GRIN Verlag
ISBN: 3346464636
Category : Business & Economics
Languages : de
Pages : 19

Book Description
Studienarbeit aus dem Jahr 2021 im Fachbereich BWL - Handel und Distribution, , Sprache: Deutsch, Abstract: The following report examines both the German market for meat substitutes and Beyond Meat as a company in its self. For this purpose, the report is divided into two large parts. The macroeconomic and the microeconomic analysis. In the second part, Beyond Meat's current strategies for the German and European markets are examined and suggestions for the future are made. Plant-based food is currently a huge economic trend. 8 percent of the world's population now have a plant-based diet. About 70 percent of the world's population is reducing their meat consumption, so the market for plant-based foods is getting bigger and bigger every year. By 2017, the meat substitute market is expected to grow up to 35.5 billion US dollars. The IPO of the US company Beyond Meat in May 2019 underlined once again how big the hype around meat substitute products really is. The stock market price grew by several hundred per cent in the meantime, at least temporarily surpassing the IPOs of Amazon, Facebook or Google. The "Beyond Meat Burger" has also been available at Lidl in Germany since 2019.However, demand significantly exceeded the quantity supplied, and so many people went home empty-handed.

Market Research Project for the German Meat Subtitute Market from the Perspective of the US-Company "Impossible Foods"

Market Research Project for the German Meat Subtitute Market from the Perspective of the US-Company Author: Jakob Scheidel
Publisher: GRIN Verlag
ISBN: 3346464873
Category : Business & Economics
Languages : de
Pages : 28

Book Description
Studienarbeit aus dem Jahr 2021 im Fachbereich BWL - Marktforschung, , Sprache: Deutsch, Abstract: Plant-based diets are currently a huge economic trend. More than eight percent of the world's population now eat a plant-based diet. Around 70 percent of the world's population is reducing its meat consumption, so the market for plant-based foods is growing every year. By 2027, this market is expected to grow to more than 35 billion US dollars. The following essay looks at a market research analysis of the German meat substitute market from the perspective of “Impossible Foods”, a US company. “Impossible Foods” focuses on plant-based meat substitute products, but is not currently active in the European market. The market research observes the German market for two key reasons. Firstly, more than ten percent of the population live a vegetarian or vegan lifestyle. Secondly, meat consumption is with 60 kilograms of meat per capita also on a significant high level. These two facts are very interesting for companies in this market, as these different eating styles combine itself within their target group. This market research project includes secondary and primary market research methods, in order to analyse the German market for the company and to make recommend strategic actions based on the potential and the target group in the very end.

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