Poor PETA. This news must have them so dejected. The fake meat fad failed, and vegan restaurants aren’t far behind them.
Even vegan eateries in the UK are falling on hard times or shutting down completely.
After giving the vegetarian fad a test-drive, many have discovered that it an unsustainable way to live. Some of the early adopters have scaled back to a part-time reduction in the meat they eat. (Which is also bad news for vegetarian-only restaurants.)
Vegan fast-food restaurants face being wiped out across the UK after a chain backed by Lewis Hamilton and Leonardo DiCaprio closed half its branches, while another shop was forced to sell meat in order to stay afloat.
Experts have warned that the declining popularity of veganism could lead to more vegan restaurants going under in the next one or two years as they struggle to compete with larger meat-selling brands. — DailyMail
On top of that, the fake meat options are bloody expensive. That’s not a great business model in a period of high inflation.
‘The cost-of-living crisis is also having an effect, as consumers generally cut back on food, vegans are cutting back on faux meat products. Interestingly this is not just the UK and we are seeing this as a global trend.’
Elsewhere, Mr Glover told The Guardian: ‘Too many startups are competing with established companies that have launched vegan lines and with supermarkets that are investing in own-label plant-based ranges.
‘We’ve lost some brands and we’ll lose some more in the next 12 to 24 months.’ — DailyMail
Not even the star power of having DiCaprio as an owner was able to save one brand.
It comes after Neat Burger, backed by Leonardo DiCaprio and Lewis Hamilton, closed half of its London sites in December while a vegan restaurant in Cheshire has been forced to start serving meat because it has too few vegan customers
Beyond Meat, the vegan meat alternative giant which supplies the likes of McDonalds, Starbucks and Pizza Hut, also revealed it has suffered more losses. — DailyMail
The eat ze bugs people had better take note.
The UK has a strong tradition of being a meat-and-potatoes culture.
As for the rest of us?
If this is any indication, it’s safe to say we won’t be giving up our genuine animal protein any time soon.
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