If they can just hang on few more years until Klaus Schwab takes full control

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mr. creosote comes to davos

Of course, they may have to add insects to their menu, but what price global salvation?

The death of vegan fast food: Experts warn plant-based restaurants could be on their way out as one starts selling MEAT and chain backed by Lewis Hamilton and Leonardo DiCaprio closes half its branches

Vegan fast-food restaurants face being wiped out across the UK after a chain backed by Lewis Hamilton and Leonardo DiCaprio closed half its branches, while another shop was forced to sell meat in order to stay afloat. 

Experts have warned that the declining popularity of veganism could lead to more vegan restaurants going under in the next one or two years as they struggle to compete with larger meat-selling brands. 

But:

Beyond Meat, the vegan meat alternative giant which supplies the likes of McDonalds, Starbucks and Pizza Hut, also revealed it has suffered more losses.

The company's revenue has been falling since last year with annual sales projected to fall to just $330million this year, compared with the 2021 high of $461million.

In November Beyond Meat CEO Ethan Brown told investors that the company is struggling to appeal to new customers because of perceptions that their plant-protein-based meat alternatives are overly processed and unhealthy. 

Heather Mills, of vegan business VBites, announced her company had gone into administration in December 2023, after being hit by rising costs.

They peasants will just have to eat less

Sales of vegan food have been hit, as shoppers have been grappling with higher food prices and opting for meat and dairy products which are generally less expensive. 

One Problem:

A recent study revealed that plant-based fast-food meals had less protein and sodium, and higher levels of carbohydrates and sugar, compared to the meat-based meals.

Researchers analysed a total of 1,868 meals including sandwiches, salads, noodles and pizza from 50 fast food chains across five countries, including the UK.

These chains included Wagamama's, Pret, Pizza Express, Leon and Burger King.

The team collected data on the calorie content, presence of allergens, and the quantities of nutrients, fibre and salt in each meal.

They found that overall, plant-based meals were not linked with having less calories.