Impossible Foods Wants to Enter China Market as Soon as Possible: CEO

The video discusses Impossible Foods' entry into the Chinese market, highlighting China's significant meat consumption and the company's plans to build a plant-based meat industry there. It explores potential partnerships, addresses the pork shortage due to African swine fever, and emphasizes the importance of food security and environmental sustainability. The company is not rushing to go public, focusing instead on expansion and collaboration with high-integrity partners.

What percentage of the world's meat supply is consumed by China?

• 50%

• 28%

• 15%

• 40%

What is the main reason for the pork shortage in China?

• Increased demand

• Trade restrictions

• African swine fever

• Drought

What is the company's approach to addressing the pork shortage?

• Importing more pork

• Developing plant-based pork

• Increasing pork production

• Reducing pork consumption

How does the company's process compare to animal-based food production in terms of land use?

• Uses the same amount of land

• Uses twice as much land

• Uses more land

• Uses 120 fifth as much land

What is the company's current stance on going public?

• They have no plans to go public

• They have already gone public

• They are in no rush to go public

• They are planning to go public soon