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Formulation2023 Food and Beverage TrendsPlant Based & Vegetarian

Top Trends Among Plant Based Consumers

Plant based shopper insights study highlights opportunities for brands and retailers

By Prepared Foods Editorial Staff
October 19, 2023

The Acosta Group released the results of its plant-based study with its proprietary Shopper Community, which looks at the state of active, light and non-lant-based users, providing brands and retailers valuable information to drive growth in-store and online.

Over the past four years, plant-based product sales have seen strong growth, reaching record sales of $8B in 2022 (SPINS). While 88% of active users have a moderate to high commitment to continue their plant-based purchases, one-third of shoppers say they would like to see more plant-based offerings at stores, according to research. Retailers and brands can drive growth by offering a broader assortment and more online and in-store options.

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Explore Plant Based Insights

Acosta's knowledge of retailers and natural and organic brands helped ALOHA, an employee-owned, entrepreneurial brand, double its presence in retail stores over the last few years. Since 2020, their partnership has propelled ALOHA to become the fastest growing plant-based protein bar in the natural channel – experiencing a remarkable 300% increase in sales.

Acosta Group's Plant-Based Shopper Insights study was fielded June 6-12, 2023, with 1,314 household shoppers, ages 18 - 76, from its proprietary Shopper Community.

The company's Sustainability Shopper Insights study was fielded March 8-12, 2023, with 883 primary household shoppers, ages 18 - 76, from its proprietary Shopper Community.

The Acosta Group Shopper Community is comprised of over 40,000 demographically diverse shoppers across the US and is the company's proprietary community for survey engagement.

KEYWORDS: consumer behavior grocery shoppers meat alternatives shopper insights vegan food

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