The US plant based meat industry was worth $801 million up to July 2019, becoming the third fastest category of plant based foods behind milk. And, by 2025, the market could be worth well over $27.9 billion, according to Markets and Markets.
“UBS analysts say the alternative meat market could grow 28% a year to $85 billion in the next 10 years, as reported by Business Insider. Euromonitor estimates that the market for plant-based foods could be worth $2.5 billion by 2023, reports CNBC. Even Disney is jumping on the bandwagon, having just announced it’s expanding its selection of plant-based food items at theme parks and on its cruise line.