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Home » Plant-Based Foods, Drinks Attract More Consumers, New Products and Ingredients

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Retail Market TrendsVegetarian2018 Food and Beverage Trends

Plant-Based Foods, Drinks Attract More Consumers, New Products and Ingredients

Manufacturers are turning to plant-derived ingredients to address growing consumer interests in health, sustainability and even ethics

November 9, 2018
Lu Ann Williams
KEYWORDS food innovations / meat alternatives / plant based foods / sustainable food
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It’s fall, a time when outdoor plants slow down in advance of winter. Then again, you could say the plant-based foods market still is in its budding, spring season. Innova Market Insights finds that new product development activity is flourishing. Manufacturers are turning to plant-derived ingredients to address growing consumer interests in health, sustainability and even ethics.

Innova Market Insights reports that plant-based product claims increased by 62% globally (CAGR, 2013-2017) with growth occurring on platforms such as plant proteins, active botanicals, sweeteners, herbs and seasonings and coloring foodstuffs.

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