Sales of plant-based foods in the US increased by 8.1% in 2017 topping $3.1 billion, and it’s projected to continue a rapid ascent.
The global meat substitutes market alone is expected to garner a revenue of $5.2 billion by 2020, registering a compound annual growth rate of 8.4% during the forecast period 2015-2020, according to Allied Market Research. How will the growth in plant-based nutrition impact our business and what opportunities does it represent to our industry?