Price-, Taste-, and Convenience-Competitive Plant-Based Meat Would Not Currently Replace Meat (journal version)
Jacob Robert Peacock
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Jacob Robert Peacock: The Humane League Labs
No dy76n, OSF Preprints from Center for Open Science
Abstract:
Plant-based meats, like the Beyond Sausage or Impossible Burger, and cultivated meats have become a source of optimism for public health, environmental and animal welfare advocates hoping to mitigate the myriad harms of animal-based foods by replacing them with perfect alternatives. Some have proposed that these substitutes might soon replace animal-based meats based on the supposition that price, taste and convenience are the primary drivers of food choice. Thus, it is hypothesized that if a plant-based meat matches (or exceeds) its animal-based counterpart on the basis of these three criteria, consumption will largely shift from animal-based to plant-based. However, this hypothesis has received little critical attention. To fill this gap, we will review evidence testing the PTC hypothesis, including cross-sectional surveys, hypothetical discrete choice experiments, a field experiment and commercial case studies. Ultimately, given current consumer preferences, we do not find support for the PTC hypothesis. However, PBMs may still have important potential as a tool for reducing meat consumption.
Date: 2024-03-06
New Economics Papers: this item is included in nep-agr, nep-dcm, nep-env and nep-exp
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Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:dy76n
DOI: 10.31219/osf.io/dy76n
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