The problem is you could have said the same in the 90s for veggie burgers. Existing and slowly expanding doesn't mean it hasn't been a flop - especially considering the monumental amount of capital & hype that was put behind plant based meat
From that perspective, it's definitely been a flop (so far). Jury is still out on long-term lab grown meat.
There was a hype bubble yes, and from the perspective of the people who bought into the bubble, it has been a flop. But the industry has still undergone slow and steady growth and this trend will likely continue.
From that perspective, it's definitely been a flop (so far). Jury is still out on long-term lab grown meat.