© Impossible Foods

Studies & Numbers

Growth in US Sales of Plant-Based Products is Surpassing Growth in Animal Products at a Staggering Rate

New data released today by the Plant Based Foods Association and The Good Food Institute reveals that US sales of plant-based meat, dairy, and eggs have outpaced sales of animal products for the third year running, with over 40% consuming non-dairy milk and one in six US households consuming plant-based meat. Plant-based cheese grew by 42% – almost twice the rate of dairy cheese, while plant-based eggs grew 168%, almost 10 times the rate of poultry eggs.

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© Archer Daniels Midland Company

Company News

Archer Daniels Midland: Another Big Food Player Turns to Plant-Based to Regain Profits

After a slump in share prices, global food processing corporation The Archer Daniels Midland Company has revealed that it is looking towards the plant-based meat market as a means to offset “challenging external conditions,” including issues surrounding Chinese swine fever.

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