Reuters
The plant-based Impossible Burger recently debuted at Burger King.
- Beyond Meat had an explosive IPO when it became the first plant-based meat startup to go public in May.
- The move could be the first sign of big changes to come for the $200-billion meat industry.
- Business Insider has profiled 11 startups leading the charge for alt-meat.
- Some of them are working on vegetarian alternatives to beef. Others aim to create real meat from animal cells.
- Read more BI Prime stories.
The market for a burger without beef is beginning to sizzle.
The frontrunners are companies making beef-like burgers with ingredients from plants. One of them, a startup called Beyond Meat, had an explosive IPO when in May it became the first company of its kind to go public. Impossible Foods, another plant-based-meat company, is reportedly close behind, according to the Wall Street Journal.
Other startups in the space want to take things further.
Behind these companies are scientists and entrepreneurs who hope to create real meat using animal cells, without the need for farms or slaughter. Picture a brewery-like lab where cells are turned into patties, sausages, and even steak.
Together, these enterprising disruptors aim to shake up the $200-billion traditional meat industry. Barclays has estimated that the alternative-meat market could reach $140 billion in a decade, or roughly 10% of what it says will be a $1.4 trillion global meat industry.
Scroll down to meet the meat disruptors of 2019:
