Plant Based Meat Growth. The plant-based meat industry is expected to grow significantly due to the increasing trend and popularity of veganism and flexitarianism worldwide. Industrial Rapid Development by Top Major key Players till 2027 04-16-2021 0216 PM CET Health.
The Plant Based Meat Industry Has Enjoyed Considerable Growth In Recent Years As Vegan And Vegetarian Optio Vegetarian Options Seafood Diet Plant Based Burgers from in.pinterest.com
If the demand for plant-based meat follows the growth pattern of alternative milk Bloomberg Intelligence says the sector will balloon from 42 billion to 74 billion. This is a major increase from its valuation of 42 billion in 2020. The plant-based meat market is worth 14 billion.
Growing consumer interest in plant-based diets coupled with the rising awareness about animal rights is expected to drive the market growth.
Plant-based Meat Market Significant Growth 2021. In addition to plant-based beef consumers are shopping for plant-based chicken pork and seafood. Plant-based meat in particular has performed well over the past few months. Growing public interest in plant-based meat indicates the alternative meat sector is here to stay with the potential to play a role in reducing both the negative public health risks and the serious environmental impacts associated with conventional meat production.
