Buying In or Selling Out? When Meat and Dairy Corporations Buy Vegan Companies
Food for Thought: The Joys and Benefits of Living Vegan
Colleen Patrick-Goudreau
4.8 • 1.6K Ratings
🗓️ 10 March 2023
⏱️ 53 minutes
🧾️ Download transcript
Summary
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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Transcript
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| 0:00.0 | Welcome to Food for Thought, an award-winning podcast that explores and celebrates what |
| 0:20.8 | it means to live a life motivated and defined by unconditional compassion and optimal wellness. |
| 0:26.5 | My name is Colleen Patrick-Gadreau. |
| 0:28.3 | I am your host. |
| 0:29.4 | You can find me at Colleen Patrick-Gadreau or joyfulvegan.com. |
| 0:33.3 | You can find me on social media, especially Twitter, Instagram, and Facebook, and you can |
| 0:37.8 | subscribe to Food for Thought at iTunes, Stitcher, Google Play, SoundCloud, and now Spotify, |
| 0:44.8 | which is new and fantastic. |
| 0:47.3 | You can follow Food for Thought on Spotify. |
| 0:50.6 | And thank you for sharing this podcast, leaving ratings and reviews and for supporting Food |
| 0:55.4 | for Thought, which you can do at patreon.com, slash Colleen Patrick-Gadreau, or you can |
| 1:00.9 | just go to joyfulvegan.com. |
| 1:03.9 | Today's episode is, When Me Corporations by Vegan Companies, Selling Out or Buying |
| 1:09.6 | In. |
| 1:10.6 | Hi, everyone, and congratulations. |
| 1:13.7 | According to the United States Department of Agriculture, the USDA, Dairy Milk Consumption |
| 1:18.4 | has fallen 25 percent from 1996 to 2016. |
| 1:23.9 | And just in the past five years, per capita consumption of cow's milk has dropped 13 percent. |
| 1:30.7 | While in Europe, it has fallen 4 percent. |
| 1:33.7 | Tom Gallagher, Chief Executive of Dairy Management, Inc. |
| 1:37.4 | A national organization that promotes dairy products and is funded by dairy farmers says, |
| 1:43.5 | these numbers are devastating. |
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