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Plant-based food retail sales grow 27% to $7b in 2020

U.S. sales of plant-based meat, dairy and eggs outpace sales of conventional products for third consecutive year. Apr 08, 2021 New data released by the Plant Based Foods Association (PBFA) and The Good Food Institute (GFI) shows U.S. retail sales of plant-based foods continued to increase by double digits in 2020, growing 27% and bringing the total plant-based market value to $7 billion. This growth in dollar sales was consistent across the nation, with more than 25% growth in every U.S. census region. The plant-based food market grew almost twice as fast as the total U.S. retail food market, which increased 15% in 2020 as COVID-19 shuttered restaurants and consumers stocked up on food amid lockdowns. Fifty-seven percent of households now purchase plant-based foods, up from 53% in 2019. GFI and PBFA commissioned the data from SPINS and custom refined the data to reflect only plant-based products that directly replace animal-based products.

Julie emmettKyle gaanGood food institutePlant based foods associationRetail partnerships julie emmettஜூலி எமெட்கைல் காண்நல்ல உணவு நிறுவனம்ஆலை அடிப்படையிலானது உணவுகள் சங்கம்சில்லறை கூட்டாண்மை ஜூலி எமெட்

Plant-Based Food Sales Surge by 27 Percent to $7 Billion in 2020

Shares Retail sales of plant-based alternatives to animal products surged by 27 percent to $7 billion in 2020, according to new data compiled by SPINS on behalf of trade group Plant Based Foods Association (PBFA) and advocacy nonprofit The Good Food Institute (GFI). In 2020, the plant-based food market grew twice as fast as the overall retail food market, which increased by 15 percent last year. Additionally, dollar sales of plant-based foods grew by more than 25 percent in every US Census region. When it comes to household penetration, 57 percent of Americans now purchase plant-based alternatives to animal products, which is up from 53 percent in 2019. According to PBFA and GFI, the data shows that COVID-19 has pushed many Americans to consume fewer animal products and explore plant-based alternatives, a shift that is only going to increase in the years to come. “The data tells us unequivocally that we are experiencing a fundamental shift as an ever-growing number of consumers a

United statesJulie emmettGood food instituteResearch analyst kyle gaanPlant based foods associationRetail partnerships julie emmettAnalyst kyle gaanRetail dawn valandinghamஒன்றுபட்டது மாநிலங்களில்ஜூலி எமெட்நல்ல உணவு நிறுவனம்ஆராய்ச்சி ஆய்வாளர் கைல் காண்ஆலை அடிப்படையிலானது உணவுகள் சங்கம்சில்லறை கூட்டாண்மை ஜூலி எமெட்ஆய்வாளர் கைல் காண்

U S plant-based food retail sales jumped 27% in 2020

U S plant-based food retail sales jumped 27% in 2020
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Julie emmettGood food instituteResearch analyst kyle gaanPlant based foods associationNational consumer panelRetail partnerships julie emmettAnalyst kyle gaanRetail dawn valandinghamஜூலி எமெட்நல்ல உணவு நிறுவனம்ஆராய்ச்சி ஆய்வாளர் கைல் காண்ஆலை அடிப்படையிலானது உணவுகள் சங்கம்தேசிய நுகர்வோர் குழுசில்லறை கூட்டாண்மை ஜூலி எமெட்ஆய்வாளர் கைல் காண்

Meatless meat is going mainstream Now Big Food wants in

Meatless meat is going mainstream. Now Big Food wants in. Vox.com 12/29/2020 Brian Kateman © Angela Weiss/AFP via Getty Images Packages of “Impossible Foods” burgers and Beyond Meat made from plant-based substitutes for meat products sit on a shelf for sale in New York City. In a year of splashy news for plant-based meat skyrocketing sales!the new McPlant! one of the biggest developments in the field went oddly underreported. In the last three months of 2020, some of the biggest companies in the world announced major moves into the plant-based meat space. In September, Tesco the UK’s largest supermarket chain announced plans to increase sales of plant-based products 300 percent by 2025. Last month, Unilever the world’s 19th largest food and beverage manufacturer set a new annual global sales target of $1.2 billion from plant-based meat and dairy within the next five to seven years, about five times what it forecasts it will make from

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Fermentation, Fungus and Labriculture: How the Plant-Based Phenomenon Will Expand in 2021

Fermentation, Fungus and Labriculture: How the Plant-Based Phenomenon Will Expand in 2021 The growth hasn t been linear. It s been exponential A nugget made from lab-grown chicken meat made its debut in Singapore recently, foreshadowing a trend of new meat alternatives beyond plant-based substitutes. Getty images December 23, 2020 Get ready for microalgae and fava beans, pig-free pork rinds, and veggie-based spreads that are definitely not your grandmother’s tubs of margarine.

Kellogg incogmeatoJulie emmettZak westonPlant based foods associationGood food institutePizza hutGood foodImpossible foodsPlant based foodsGeneral millsஜூலி எமெட்ஸ்யாக் வெஸ்டன்ஆலை அடிப்படையிலானது உணவுகள் சங்கம்நல்ல உணவு நிறுவனம்பீஸ்ஸா குடிசைநல்ல உணவு