Global retail sales of plant-based food could be on course for $162 billion in sales by 2030, says Bloomberg Intelligence. “Food-related consumer habits often come and go as fads, but plant-based alternatives are here to stay — and grow,” said Jennifer Bartashus, senior consumer staples analyst at Bloomberg Intelligence, as quoted by SupermarketNews.com. “The expanding … Continue reading “Top Ways to Trade the Plant Based Boom in 2022”
Tag: plant based foods
Plant-Based Food Demand Expected to Surge
The plant-based product boom is picking up sizable momentum. In fact, according to a recent report from Meticulous Research, the plant-based food market could be worth $74.2 billion by 2027, growing at a CAGR of 11.9%. “The growth in this market is mainly attributed to the increasing incidence of intolerance for animal proteins, nutritional benefits … Continue reading “Plant-Based Food Demand Expected to Surge”