There’s a new food trend out: it’s called “bone broth.”
Here’s the thing: all broth (save veggie broth) is made with bones. That’s how you make broth!
Broth is also called stock (that was trendy for a few years leading up to 2014). This concept is roughly 20,000 years old. Basically as soon as humans figured out a way to keep boiling water encased in something fire-resistant while cooking, someone also figured out how to put a leftover animal carcass in that boiling water. And there bone broth began.
This is one of the best examples I’ve seen recently of The Quaint Economy. The Quaint Economy, as a refresher, is the idea that you can create value by creating a good story about a product. More specifically, it’s usually a story that involves cozy nostalgia for a simpler time. a time before perfect reproductions and cheap commodities. Often, a time before flushing toilets (though artisanal outhouses have not yet become a trend, thank god).
But back to the broth. Wise Choice Market, an online store, sells beef bone broth for $US33.75 (you get 2 24 fl. oz. broth packets)*.
Here’s the story on the website:
“Following traditional methods, the beef bones are cooked gently for 48 hours with organic onions, garlic, and celtic sea salt in filtered water. Organic apple cider vinegar is added to pull the vitamins and minerals from the bones into the stock. Finally, organic parsley is added for the extra minerals to finish the just-like-homemade beef stock properly.”
At Walmart, you can get 3.25 oz of beef boullion cubes (makes 25 cups of broth) for $US2.
Perhaps a closer parallel is the Superior Touch Better Than Bouillon Organic Beef Base (8 oz, pack of 6) for $US35 at Walmart. That’s the same number of ounces at roughly the same price as the bone broth.
Except the Walmart product is concentrated, and actually makes 9.5 quarts of broth.
It’s hard to tell here what exactly the value is in the “bone broth” rebranding. Obviously using expensive, organic ingredients is going to make the final product more expensive. But how much is the cost of production and how much is a premium charged to be part of a trend story?
(h/t Ben Walsh)
* Wise Choice Market is a Canadian company with some services based in the US, so these might be Canadian dollar prices? But it seems like it’s American dollars, since the shipping info assumes a US address. The exchange rate today is 1.14 CAD : 1 USD.
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