Market Value for Plant-Based Meats in China Is Huge, Says Dao Foods International’s Zhang

The transcript discusses the impact of swine fever on pork prices and the resulting demand for plant-based proteins in China. It highlights the investment strategy in plant-based meat products, focusing on supporting domestic entrepreneurs. The potential market size for plant-based proteins in China is explored, emphasizing the need for development and consumer interest. The discussion also covers the target audience, mainstreaming efforts, and the environmental benefits of plant-based products. Finally, it addresses government support and the creation of a supportive ecosystem for the industry.

What is the primary mission of the company discussed in the video?

• To import plant-based meat products

• To produce plant-based meat products

• To export plant-based meat products

• To invest in entrepreneurs producing plant-based meat products

How much of the global meat consumption does China account for?

• Half

• One-third

• Two-thirds

• One-fourth

What is the estimated potential market value of plant-based proteins in China if they capture 10% of the market?

• $80 billion

• $50 billion

• $60 billion

• $70 billion

What is a key factor that could accelerate the development of the plant-based protein industry in China?

• Decreased consumer interest

• Government subsidies

• Finding the right entrepreneurs

• Increased import tariffs

What is the company's hope for plant-based meat products in China?

• To become mainstream

• To be used only in restaurants

• To be exported globally

• To remain a niche option

What is the current government stance on the plant-based protein industry in China?

• Opposed

• Developing supportive policies

• Strongly supportive

• Indifferent

What is the company's approach to creating a well-functioning ecosystem for plant-based meat products in China?

• Relying on government funding

• Involving entrepreneurs and other stakeholders

• Engaging only with international stakeholders

• Focusing solely on large corporations