Donnerstag, 29. Februar 2024

Global Industry: Plant-based food sales grow much faster

Bremerhaven. (bm) Last year U.S. plant-based food sales grew three times faster than total food sales, with market value at an all-time high of USD 7.4 billion. One of the fastest growing product categories, plant-based foods is expected to reach USD 162 billion in the next decade. Eaters are drawn to plant-based foods for reasons such as health, climate, and affordability. Spins reports about 52 percent of overall plant-based sales are Non-GMO Project Verified. At the same time, new research shows explosive growth of Verified products in the plant-based space – a bellwether signaling consumer demand even in the United States is headed toward non-GMO plant-based options. Other topics of the week: