A recent report proves that plant-based proteins and meats aren t just the future: These innovative products have already captured consumers interest at a rapid pace. During the COVID-19 pandemic, plant-based eating grew quickly as more consumers shifted their diets to focus on health and wellness. According to new research from market research firm P&S Intelligence, the plant-based meat and protein market revenue grew to over $1 billion in 2020. The research claims that the growth can be partially be attributed to the plant-based industry’s success. Plant-based companies rushed to develop several new vegan protein alternatives to meet the rising demand.
The Plant-Based Meat Market Eclipsed $1 Billion in 2020
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Vegan Food Market Predicted to Reach $1 4 Trillion by 2050
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Vegan Food Market to Grow 100-Fold to $1 4 Trillion by 2050, Finance Giant Credit Suisse Says
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