Sizeable market opportunity for Impossible Foods from the K-12 foodservice channel
Nestle offers plant based food under Garden Gourmet brand in Europe and Sweet Earth brand in the US, and across its portfolio. The company has been innovating and expanding its portfolio to meet evolving consumer needs
The plant protein market in United Arab Emirates has recorded a strong growth with a CAGR of 31.7% during 2018-2020. According to ConsumerIntel360’s Q4 2020 Global Plant Protein Survey, Plant protein industry is expected to continue to grow in United Arab...
According to ConsumerIntel360’s Q2 2020 survey, plant-based foods market is growing at over 15% (annualized basis) in the US.
The market is also getting support from growing sales of plant-based foods in restaurants and foodservice channels. It is expected that the rising demand will also encourage retailers to introduce more private label brands in the market.
The recent growth of the plant-based protein industry in Russia provides opportunities for major food processing companies and new entrants.
The growth in the plant-based protein market is primarily driven by changing food preferences. The rise in the ‘flexitarian’ consumers?—?individuals who consume meat and dairy products, however, are willing to reduce consumption?—?is primarily creating de...
The competitive landscape in the alternative protein sector has changed quite dramatically in the UAE parallel to the rise of the plant-based industry in other major economies
Market New Opportunities, Latest Trends, Size and Share Overview by Regions – Forecast
In recent years, vegetarianism, and to limited extent veganism, is spreading across the Middle East & Africa.
The plant protein market has been growing rapidly globally in the past few years partly due to rising flexitarian trend in most of the countries.
The plant-based protein market in India has been recording a strong growth in recent quarters across segments such as dairy alternatives, supplement products, meat substitutes, and processed products
Changing food preference and easy availability will drive the demand
According to ConsumerIntel360’s Q4 2020 Global Plant Protein Survey, plant-based protein is expected to account for about 12-15% of the total protein consumption by 2027.
Germany has emerged as the leading force in Europe in the vegan-revolution.