LikeMeat and The Fry Family Food Co, both owned by the LIVEKINDLY Collective, yesterday arrived into the USA through a distribution deal with Sprouts Farmers Market. As we reported last October, LIVEKINDLY raised $135 million to expand its acquired brands into the USA.
Attracting Flexitarian Consumers with Comfort and Familiarity
Flexitarians – those who consume both meat and plant-based foods – are now the fastest-growing consumer demographic, making up nearly 30% of Europeans.1 This consumer segment holds the key to unlocking the plant-based industry. By shifting focus from the niche vegan market – which represents less than 4% of European consumers – to flexitarians, plant-based meat brands can open up a market over ten times larger!2 But how do you appeal to meat-eating, flexitarian consumers? In its recent case study, ProVeg International profiled the plant-based meat brand LikeMeat to demonstrate some of its strategies to create a ‘meaty’ experience and attract flexitarian consumers. The case study makes five key recommendations for plant-based brands looking to attract more meat-eating consumers: Optimise taste and texture Balance taste …