Future Market Insights

Planteneers fried sausage on fork

© Planteneers
Market & Trends

Plant-Based Sausage Market to Record Huge 26.5% CAGR as Products Become “Indistinguishable” From Meat

According to a report by Future Market Insights, the plant-based sausage market is set to increase in value from $1,228.1 million in 2023 to $12,936.9 million by 2033. This represents a huge CAGR of 26.5%. A key driver will be the improved taste and texture of plant-based sausages, which the report says makes them increasingly indistinguishable from meat. Furthermore, many consumers view meat-free sausages as a healthier option, as they are cholesterol-free and typically lower in saturated fat than conventional sausages. Increased concern about animal welfare and the environment is another market driver. Finally, plant-based sausages are seen as a convenient option, as they can be cooked quickly and easily. All these drivers are expected to continue over the forecast period. Restraining factors However, several …

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GTFO It's Vegan Salmon Sashimi/ Sushi

©GTFO It's Vegan
Market & Trends

Global Vegan Sashimi Market to Be Worth $218.8M by 2033

According to a new report by Future Market Insights, the global vegan sashimi market will be worth $218.8 million by 2033, growing with a CAGR of 8.5% over this period. As consumers become increasingly concerned about the environment, animal welfare, and health, demand for plant-based seafood products is growing rapidly. At the same time, interest in Japanese dishes such as sushi and sashimi is also increasing. These factors will lead to a rise in demand for vegan sashimi. Over the forecast period, government initiatives supporting the development of plant-based foods are expected to help the industry expand, while new technologies will make it possible to produce better quality, more realistic products. Expanding economies in Asian countries, the increasing trend towards fusion cuisine, and rising demand …

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modern meat products

©Modern Meat

Guest Posts

How Vegan Offerings Finally Caught Up With Modern Appetites

Once a niche trend associated with bland tofu and the frustration of scanning stores to find at least one cruelty-free cosmetics line, veganism has since become a powerful force unlocking a rapidly-growing business segment poised to grow further. The continued momentum, so notable that The Economist named 2019 “the year of the vegan,” only manifests how mainstream the trend is becoming. The ranks of vegans are progressively expanding, with now a quarter of 25- to 34-year-old Americans saying they are either vegans or vegetarians. This seismic force is showing no signs of stopping. So how exactly did vegan offerings finally catch up with modern appetites – and what lies ahead for the whole industry? The main force behind the sector’s growth? Consumers. People are now …

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© adam121 – stock.adobe.com
Market & Trends

Market Report: Macadamia Butter Experiences Rising Demand

A recent market research report by Future Market Insights examines the market for macadamia butter in the 2018-2028 forecast period. The report notes that demand for these products is rising as a result of the expanding vegan population, particularly in the Asia Pacific and North American regions. In recent years, there has been a paradigm shift in consumer preferences, particularly with regards to eating habits. The growing number of vegan consumers has led to an increase in demand for plant-based products. This is also boosting the market for macadamia butter, which is expected to grow significantly in the future. Macadamia butter is rich in healthy and natural ingredients and is versatile. The growing demand for natural products in the cosmetics and personal care industry is …

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texturized vegetable protein

© nito - stock.adobe.com
Market & Trends

Market Report: Market for Textured Vegetable Protein on Growth Course

The new market report “Texturized Vegetable Protein Market: Demand for Pea to Surge Exponentially During the Forecast Period: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028” by Future Market Insights provides new forecasts and insights into the global market for texturized vegetable protein up to 2028.

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JUST burrito at Veggie Grill

© Veggie Grill
Startups, Accelerators & Incubators

Vegan Scrambled Eggs by JUST at Veggie Grill

Egg alternatives are becoming more and more popular. A recent report by “Future Market Insights” predicted annual growth of 5.8 percent for the market for egg replacement products. The American start-up “JUST Foods” has now launched a new vegan alternative to scrambled eggs. The plant-based egg is soon to be available nationwide, and is currently being offered by the restaurant chain “Veggie Grill”, amongst others.

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Cado Eis auf Avocado-Basis

© Cado Ice Cream
Products & Launches

Cado: Avocado-Based Vegan Ice Cream

Vegan ice cream is more in demand than ever before. Experts forecast an average annual growth rate of 8.79% for the market for the period 2018 to 2022. A market analysis by Future Market Insights has also shown that the plant-based ice cream market will reach 2.5 billion dollars within the next decade. The ice-cream brand Cado is helping to shape this trend – but with an extraordinary main ingredient.

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