May 21, 2020
There are fears the US faces a coronavirus-driven meat shortage, but analysts say there’s actually plenty to go around: ‘We have the meat’LLamasoft’s Dr. Madhav Durbha talks to Business Insider about the impact COVID-19 is having on the meat supply chain. In the short term, plant-based meat companies are seeing gains in volume by providing the nearest alternative to address the meat shortage. As for the meat processing companies, those who can adapt to a changing consumption mix by having a better pulse on shifting demand patterns, ensuring employee safety while increasing throughput can benefit significantly, especially in an environment where the supply is constrained.
There is no meat shortage, there are only restrictions on workers due to the coronavirus.