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<p><strong>In the 1980s, Turtle Island Foods blazed a trail in the manufacture of plant-based foods. Its CEO is now faced with the task of retaining market share in an increasingly competitive vegan-food market.</strong></p>
U.S. sales of plant-based meat, dairy and eggs outpace sales of conventional products for third consecutive year. Apr 08, 2021 New data released by the Plant Based Foods Association (PBFA) and The Good Food Institute (GFI) shows U.S. retail sales of plant-based foods continued to increase by double digits in 2020, growing 27% and bringing the total plant-based market value to $7 billion. This growth in dollar sales was consistent across the nation, with more than 25% growth in every U.S. census region. The plant-based food market grew almost twice as fast as the total U.S. retail food m...
‘2020 was a breakout year for plant-based foods…’ GFI, PBFA, SPINS, unveil 2020 retail sales data US retail sales of plant-based meat rose 45% to $1.4bn in measured channels in 2020, according to SPINS data commissioned by the GFI and the PBFA (pic credit: GettyImages-Aluna1) Sales of plant-based foods that directly replace animal products - including meat, seafood, eggs, dairy, condiments and meals containing plant-based alternatives - grew by 27% to $7bn in measured channels in the year to December 27, 2020, according to SPINS data* commissioned by The Good...
Meatless meat is going mainstream. Now Big Food wants in. Vox.com 12/29/2020 Brian Kateman © Angela Weiss/AFP via Getty Images Packages of “Impossible Foods” burgers and Beyond Meat made from plant-based substitutes for meat products sit on a shelf for sale in New York City. In a year of splashy news for plant-based meat — skyrocketing sales!the new McPlant! —one of the biggest developments in the field went oddly underreported. In the last three months of 2020, some of the biggest companies in the world announced major moves into the plant-based meat space. In S...