1st of November is International Vegan Day and to mark the day Moneyzine has looked at how much you could save at your Christmas dinner this year by going all vegan.
Here is what we found:
- A traditional Aldi Christmas dinner (with meat) comes in at just £21.90 whereas a vegan version would cost you £12.56: a saving of £9.34 or 43%
- In comparison, a Christmas dinner (with meat) bought in Waitrose would cost you £43.02 but the vegan equivalent, while pricier than Aldi, comes to just £25.92: a saving of £17.10 or nearly 40%.
For the one in four adults who have already made the decision to eat less meat in a bid to save money, this will come as no surprise. In fact, meat consumption in the United Kingdom is at its lowest level since records began, and the trend is said to be driven by both the cost of living crisis and the continued impact of COVID. Since 2012, there has been a 14% decrease in the amount of meat eaten in the country, with beef, pork and lamb consumption falling by 26%, and chicken consumption falling by 11% in the past decade.
Jonathan Merry, personal finance expert, at Moneyzine, is not surprised by this trend:
“Long before the cost of living crisis hit we were seeing a rise in ethical consumerism, and attitudes towards veganism have undergone a major generational shift over the past decade. For many there will always have been that latent desire to move away animal-based products, and now there is a very real and very immediate financial incentive to take that step. The team at Moneyzine has shown us how we can make savings on Christmas Day, but those who embrace a new diet will have the potential to cut their grocery bills by hundreds, if not thousands, of pounds during 2024.”
Read in full via Moneyzine.