Characterized by the increasing demand for vegan, particularly plant-based products, the market for meat substitutes continues its growth at a healthy pace. A new study of Future Market Insights (FMI) foresees that global meat substitutes market will reach beyond US$ 5.3 Bn by 2021 end, further witnessing a notable 9.7% rise through the next Ten years.
Vegan Meat Alternatives On Track to Become Cheaper Than Beef
One of the main reasons people won't try plant-based meat alternatives is the price. But as the cost of beef and pork has steadily risen in recent months, and the price of alternative meat products...