A brand new FMI study shows that global revenues for vegan sausages are are set to surpass US$ 1 billion by 2021 and witness a staggering 26.5% CAGR through to 2028, as meat production around the world sees a decline of -0.5% this November as opposed to the previous year. Europe is dominant in the market followed by the US.
Pure Farmland
World’s Largest Pork Processor Smithfield Foods Launches Plant-Based Protein Portfolio
Today, Smithfield Foods, Inc., announces the launch of a plant-based protein portfolio under the company’s new Pure Farmland™ brand. Its plant-based proteins will be available in the fresh, refrigerated sections of grocery retailers across the US in mid-September.