Strome Business Minute With Dr. Jeff Tanner

Eating more at home and rising meat prices due to plant closures has changed meat consumption patterns. Data analytics firm Lotame observed massive spikes in consumer interest in a fish-only diet, or pescatarianism, in March compared to a year ago, along with a jump in interest for vegetarian diets. But it wasn’t just interest. According to Adweek, sales of meat alternatives like Beyond Meat and Impossible Foods grew four hundred and fifty four percent in one week in March compared to the year before. Beyond Meat’s stock nearly doubled over the past month, as have sales, and privately-held Impossible Foods tripled the number of retailers selling its products. Similar growth in pescatarianism would help our region but lacks the supply chain and simple preparation of a vegetable-based hamburger. To learn more, visit odu.edu/business. This Strome Business Minute is presented by the Strome College of Business at Old Dominion University.