Innova Market Insights reports the US meat substitutes market growing at 8.7% annually
June 25, 2017
Increasing consumer concern over sustainability and the global food chain, alongside the rise of veganism, plant power and clean eating trends, has facilitated diverse new product innovation in the global meat substitutes market, according to Innova Market Insights.
Dairy alternatives are expected to grow at a CAGR of 11.7% from 2017, to reach $14.36 Billion by 2022
June 23, 2017
The growth of this market can be attributed to the growing inclination toward vegan, especially plant-based food, growing lactose intolerance among a large section of the population, and rising demand for various innovative dairy-free applications.