Argentina’s Association of Plant-Based Producers shared a report with the media outlet iProUP, revealing that the plant-based sector, comprised of 1,200 companies, has a market volume of more than $110,000 million per year.
The figures also revealed that the association’s 130 companies grew by at least 35% in 2021, and a 45% increase is expected in two years. Investments estimated at $2 billion are underway, rising to $7 billion by 2024.
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