The demand for healthy and environmentally-friendly drinks is growing, especially among the younger generation. This may explain why smaller brands are increasingly selling their products in glass containers. “The future of the industry will depend […]
Market intelligence firm Numerator has released data related to sales trends based on instore sales of Beyond Meat, and the sales of Beyond Meat and Impossible Foods in restaurants. The Numerator research reveals some surprising […]
The plant-based meat sector is set to expand massively in Australia, creating substantial growth for crop farmers according to a new report by Food Frontier titled ‘Meat the alternative: Australia’s $3 billion opportunity’, which finds […]
A recently published study by the Angus Reid Institute reveals that almost all Canadians (95%) are aware of plantbased meats, however only 39% have tried them. On a positive note; the younger, urban consumers are […]
Recent research conducted in the Netherlands by FMCG Gurus is extremely revealing in terms of consumer appetites for plantbased meat alternatives. The study reveals that the top choices for meat alternative products were tofu and […]
According to a new report by BIS Research, the plant-based food and beverage alternatives market is expected to reach $80.43 billion by 2024, rising at a CAGR of 13.82% during the forecast period from 2019 […]
As reported by Business Wire, a new report issued by Technavio, the global non-dairy yogurt market size is poised to reach $1.53 BN by 2023. The growth will progress at a CAGR of 17% during […]
Plant-based burgers are becoming a staple on the menus of quick service restaurant menus in the US and customers are responding. Customers ordered 228 million vegan burgers at quick-service restaurants in the year ending May, […]
Nielsen has released new data related to the rise of meat alternatives in consumer packaged goods (CPG), and demonstrating that today’s American consumer is, on average, an omnivore, but they’re playing the field when it […]
A plant extract is defined as a substance or an active ingredient with desirable properties. These extracts are extracted from the tissue of a plant, usually by treating them with a solvent, such as alcohol […]
Across the globe, consumers are either looking to abstain from meat consumption or moderate their intake. This is leading to the rise of consumers adopting meat-free and flexitarian style diets, with this trend primarily being […]
As we reported this week, plant-based milk is the most developed category in the US, and in addition it was shown in this study that in terms of investment, dairy alternatives received the most funds […]
According to the Good Food Institute, the plant-based meal category, comprising frozen and shelf-stable meals, is worth $387 million. The plant-based egg category is worth $6.5 million, although it is the fastest growing segment. PB […]
The Good Food Institute has published a study which shows that the plant-based milk category is worth $1.86 billion. Plant-based milk is shown to account for almost half the total plant-based food market in total, […]
According to a recent GFI study, the plant-based meat category is now worth $801 million. Dollar sales of plant-based meat grew 10% in the past year and 37% over the past two years, with over […]
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