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Plant-based revolution – digital magazine

Plant-based revolution – digital magazine

Interest in plant-based products has been increasing for years, with 15% of consumers globally trying to follow a plant-based diet, and 20% attempting to limit their meat intake. The perception of plant-based is that it’s healthier and more sustainable; however, when extensive science and technology fuels plant-based goods, the natural positioning may be questioned. From April 2018 to April 2019, the plant-based retail market experienced 11% growth. Proteins, meat and dairy products, and supplements are key areas of focus.

Takeaways for Your Business:

• Global retail sales of meat substitutes grew 6% in the past year, reaching $US19.8 billion in 2019.
• Two main challenges unique to plant proteins include perfecting functional and sensory attributes.
• Plant-based dairy is popular beyond milk alternatives and into ice cream, yogurt, cheese and more.

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