Page 14 - Cubo - Winning In Plant-Based
P. 14

…yet to be fully                                                                                                       Avoid the risk of





            realised in market                                                                                                     convergence!



                                                                                                                                   How many plant-based burgers

                                                                                                                                   (or veggie discs?) does the world need?!



















                                                                                                                                    BUT… we also need to be wary of

                                                                                                                                    ‘convergence’ – with tech advances and a

                                                                                                                                    preoccupation with chasing mainstream

                                                                                                                                    appeal/sales, there’s a real risk that we end

                                                                                                                                    up with many very similar products fighting

             As mentioned, lots of the foods                                                                                        for shelf space
             (quite justifiably in the main – as some of

             these are truly great products) that have
                                                                                                                                    Whilst there might be room at the moment
             grabbed the headlines are straight meat
                                                                                                                                    for lots of different brands, ultimately the
             replacements
                                                                                                                                    world (and certainly the supermarkets)

                                                                                                                                    won’t need 10 different meat-free burgers
             There is HUGE market for this, and it’s a
             sector that WILL grow massively

                                                                                                                                    The result will be consolidation, with the

                                                                                                                                    brands that have the strongest consumer

                                                                                                                                    connection (and commercials) thriving, and
             But that does leave a gap for more imaginative NPD, innovation
             that taps into the opportunity to develop a different type of food –                                                   those that don’t likely to fall by the wayside
             something where it’s not just about replacing meat, but about bringing
             different experiences to the party


             In today’s Instagram world, consumers love to show their experimental,
             adventurous side, that they are into the next big thing – surely an
             opportunity to think more creatively and satisfy this desire?

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