The future is becoming plant based—and fast. As of late December 2021, sales of plant based foods and drinks were up to $7 billion for the year – a 27% increase year over year, according to the Plant Based Foods Association, as noted by the Institute of Food Technologies (IFT). The IFT also notes, “Seven … Continue reading The Plant Based Market Could be Worth $1.4 Trillion
The plant-based boom isn’t going away. At least, not any time soon. In fact, we’re looking at an industry that could grow 100-fold by 2050 to $1.4 trillion, says Credit Suisse. All as demand for plant-based alternatives runs higher. According to Alan Jope, Unilever’s Chief Executive, “We are seeing in every single country in the … Continue reading The Plant Based Market Could Explode 100-Fold by 2050
Demand for plant-based foods is on the rise. In fact, an early 2020 by Ipsos Retail Performance, as noted by The Beet, over 9.7 million Americans now follow a plant-based diet up from just 290,000 in 2004. From here, numbers could increase, as leading food companies just begin to incorporate plant-based foods, including companies like … Continue reading Plant-Based Foods Market Could Be One of the Top Opportunities of 2021
Consumer good giant Unilever just set a $1.2 billion annual sales target on plant-based foods over the next five to seven years, as reported by MarketWatch. All as the company looks to capitalize on the growing number of consumers cutting back on meat and dairy consumption. “It’s not up to us to decide for people … Continue reading Corporate Giants Jumping into Plant-Based Revolution
