comparemela.com

Latest Breaking News On - ஆராய்ச்சி ஆய்வாளர் கைல் காண் - Page 1 : comparemela.com

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

New Report: US Plant-Based Food Sales Exceeded $7 Billion in 2020

New Report: US Plant-Based Food Sales Exceeded $7 Billion in 2020 The plant-based movement gains greater traction every day, with the popularization of alternative cuisines across the United States. Plant-based food experienced a growth of 27 percent throughout 2020, surpassing $7 billion in sales and showcasing to the world shifting consumer trends. The Good Food Institute published the report commissioned by the Plant-Based Foods Association (PBFA) and compiled by SPINS that revealed the popular surge of plant-based products. “The data tells us unequivocally that we are experiencing a fundamental shift,” Senior Director of Retail Partnerships at PBFA told Plant Based News. “An ever-growing number of consumers are choosing foods that taste good and boost their health by incorporating plant-based foods into their diet. As the industry surpasses the $7 billion thresholds.PBFA is excited to continue our work to help build a sustainable infrastructure, including domestic ingre

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.