Plant-based meat products in Australia cost, on average, 32.8 percent more than conventional meat products as of December 2023. Popular products such as bacon cost 83 percent more and burgers cost 63.4 percent more for a plant-based version compared to their conventional counterparts.
Price premium for plant-based meat compared to conventional meat for most common meat products in Australia as of December 2023
Prices compared were regular ticketed prices, not promotional or sale prices. Prices for conventional meat products were recorded in-store and from retailer’s online stores and were averaged to determine the price per kilo of each format category. This was then compared with plant-based meat products, to determine the price premium for both domestically produced and imported plant-based meats
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Food Frontier. (April 24, 2024). Price premium for plant-based meat compared to conventional meat for most common meat products in Australia as of December 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1232805/australia-price-premium-for-plant-based-meat/
Food Frontier. "Price premium for plant-based meat compared to conventional meat for most common meat products in Australia as of December 2023." Chart. April 24, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1232805/australia-price-premium-for-plant-based-meat/
Food Frontier. (2024). Price premium for plant-based meat compared to conventional meat for most common meat products in Australia as of December 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1232805/australia-price-premium-for-plant-based-meat/
Food Frontier. "Price Premium for Plant-based Meat Compared to Conventional Meat for Most Common Meat Products in Australia as of December 2023." Statista, Statista Inc., 24 Apr 2024, https://www.statista.com/statistics/1232805/australia-price-premium-for-plant-based-meat/
Food Frontier, Price premium for plant-based meat compared to conventional meat for most common meat products in Australia as of December 2023 Statista, https://www.statista.com/statistics/1232805/australia-price-premium-for-plant-based-meat/ (last visited November 21, 2024)
Price premium for plant-based meat compared to conventional meat for most common meat products in Australia as of December 2023 [Graph], Food Frontier, April 24, 2024. [Online]. Available: https://www.statista.com/statistics/1232805/australia-price-premium-for-plant-based-meat/
