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Impossible Foods Could Face More Faux Meat Shortages, CFO Says

Source: Anthony Lindsey Photography/Impossible Foods

Impossible Foods Inc., maker of the eponymous soy-based burger, will probably have trouble keeping production ahead of demand, despite bouncing back from a major shortage over the summer.

“Absolutely there will be times when demand and supply won’t be perfectly synced,” Chief Financial Officer David Lee said in an interview. While the company is cutting prices by 15% for U.S. food-service distributors after a production capacity expansion, “you’re going to hear more and more how demand is out of sync with supply” as global appetite for its products deepens, he said.