The global plant-based boom is just getting underway.
All as millions of people seek out plant-based meats, fish, cheeses, dairy, and even desserts.
Helping, “71% of U.S. adults reported trying at least one plant-based product in 2021, according to Datassential, and 48% look for products labeled ‘plant based,’ per the Hartman Group, while 67% have tried non-dairy milk, says Morning Consult, citing that one in three consumers drinks it at least weekly,” as reported by AdWeek.com.
Even Unilever just said, “every single country in the world is shifting towards more plant-based diets,” as quoted by Totally Vegan Buzz. No surprise then that CreditSuisse says we could be looking at a $1.4 trillion market by 2050.
With growth showing no signs of slowing, keep an eye on companies such as Komo Plant Based Foods (CSE:YUM) (OTCQB:KOMOF), Goodfood Market Corp. (TSX:FOOD) (OTC:GDDFF), Tattooed Chef Inc. (NASDAQ:TTCF), Blender Bites Limited (CSE:BITE), and Hain Celestial Group (NASDAQ:HAIN).