Plant Based Meat Price. But more than likely youve been through what happens next one glance at the price tag and all those good intentions can go out the window. The global plant-based meat market size was valued at USD 33 billion in 2019 and is expected to grow at a compound annual growth rate CAGR of 194 from 2020 to 2027.
Reducing the price of a product during a period of increased demand is fairly uncommon. Sales of traditional meat grew 08 to 96 billion over that period. Growing consumer interest in plant-based diets coupled with the rising awareness about.
According to Vox the average price for a meat alternative in the US.
The global plant-based meat market size was valued at USD 33 billion in 2019 and is expected to grow at a compound annual growth rate CAGR of 194 from 2020 to 2027. Its a steep challenge because meat in America is shockingly unprecedentedly cheap. Was 987 a pound. Chief communications officer Rachel Konrad explained this decision to FoodNavigator-USA.