A Senate Inquiry is looking into the definitions of meat and other animal products. Meat industry representatives want “plant-based meat” made from plants and chemicals to not use the word “meat” on the label.
Plant-based Meat Market worth $8.3 Billion by 2025
The plant-based meat market is estimated to be valued at USD 4.3 billion in 2020 and is projected to reach USD 8.3 billion by 2025, recording a CAGR of 14.0%.