Vegan Meat Sales Are Growing 10 Times Faster Than Animal Flesh - VeggieBoards
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#1 Old 07-16-2019, 02:07 PM
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Vegan Meat Sales Are Growing 10 Times Faster Than Animal Flesh

The plant-based food industry is experiencing growth whilst conventional meat and dairy sales are staying flat or decreasing. New data released by The Good Food Institute (GFI) and the Plant Based Foods Association (PBFA) looks at how vegan meat and dairy is outmatching animal-based foods.

The research was commissioned from wellness-focused data technology and retail analytics provider SPINS, a subsidiary of Nielsens. The research found that U.S. retail sales of vegan food increased 11 percent in the past year, with the plant-based market now valued at $4.5 billion. The total U.S. retail food market grew by just 2 percent during the same period, highlighting the influence of vegan food in the industry.
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Amazing news!
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