Plant Based Chorizo Options Gaining Shelf Space

With the rise in plant-based eating trends, more consumers are looking for meat alternatives that not only taste delicious but also align with their values and dietary preferences. One such option that is gaining popularity on grocery store shelves is plant-based chorizo. This spicy, flavorful sausage is traditionally made with pork, but companies are now creating plant-based versions that are just as satisfying.

Industry Insights

The plant-based meat market has been experiencing significant growth in recent years. According to data from the Good Food Institute, retail sales of plant-based meat in the United States reached $1.4 billion in 2020, a 45% increase from the previous year. As more consumers become aware of the environmental and health benefits of plant-based eating, demand for plant-based meat products is expected to continue to rise.
Major food companies are taking notice of this trend and are investing in plant-based meat alternatives. Beyond Meat and Impossible Foods, two of the leading plant-based meat companies, have seen their products become widely available in grocery stores, restaurants, and fast-food chains. These companies have also been expanding their product lines to include a variety of meat alternatives, including plant-based chorizo.

Financial Data

Beyond Meat reported net revenues of $406.8 million in 2020, a 37% increase from the previous year. The company’s gross profit margin was 31.7%, reflecting strong demand for its products. Beyond Meat’s plant-based sausage products, including chorizo, have been well-received by consumers looking for flavorful meat alternatives.
Impossible Foods, another major player in the plant-based meat market, reported a 73% increase in retail sales in 2020. The company’s flagship product, the Impossible Burger, has become a favorite among consumers looking for a plant-based burger option. Impossible Foods has also introduced plant-based sausage products, including chorizo, that have been gaining shelf space in grocery stores across the country.

Actual Companies

In addition to Beyond Meat and Impossible Foods, other companies are also entering the plant-based chorizo market. Field Roast, a subsidiary of Maple Leaf Foods, offers a plant-based chorizo sausage that is made with ingredients like pea protein, fennel, and garlic. The company’s products are available in major grocery chains and are popular among consumers looking for a spicy, flavorful meat alternative.
Lightlife, another plant-based meat company, offers a plant-based chorizo sausage that is made with ingredients like soy protein, sunflower oil, and spices. The company’s products are marketed as a healthier alternative to traditional chorizo sausage, with lower saturated fat and cholesterol content. Lightlife’s plant-based chorizo has been gaining traction in the market and is now available in a variety of retail outlets.

Conclusion

Plant-based chorizo options are gaining shelf space in grocery stores as more consumers seek out delicious and sustainable meat alternatives. Major food companies like Beyond Meat and Impossible Foods are leading the way in creating innovative plant-based products that appeal to a wide range of consumers. With the plant-based meat market continuing to grow, we can expect to see even more plant-based chorizo options available to consumers in the future.