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.
Meat industry giants are diversifying their portfolios by including investments in alternatives to conventional meat
Quotes from GlobalData, April 11, 2024 The emergence of plant-based substitutes and the introduction of lab-grown, also referred to as 'clean', meat replacements are developments that are closely monitored by major meat...
