Mar 06
According to a new report by Fortune Business Insights, the global market for dairy alternatives is valued at an eye-opening $22.25 billion. Even more eye-opening is the report’s prediction that this number will almost triple by 2029, growing to $61.43 billion. This would be a compound annual growth rate of 13.58% between 2022 and 2029. …
Mar 02
Plant-based cheese brand Vitalite is expanding its distribution to more than 5,000 retailers in the U.S., including Albertsons, ACME, Safeway and Harris Teeter locations. The vegan-certified, dairy-free cheese launched in 2022 and its presence has grown rapidly since then. In a recent consumer survey by Wakefield Research for Vitalite, 68% of Americans report having tried a plant-based alternative, while nearly a …
Feb 21
According to a recent report by Polaris Market Research, the global wheat protein market is projected to reach $9.89 billion by 2032. This represents a compound annual growth rate (CAGR) of 4.4% from 2021 to 2032, with the current market valued at $6.42 billion. The report provides a comprehensive analysis of the current market trends, …
Feb 21
Research has continued to show that there are numerous health benefits associated with following a vegan diet. With that in mind, in this article we’ll explore 10 of the top health benefits of being vegan while providing references to peer-reviewed studies that support these claims. Reduced Risk of Heart Disease One of the most significant …
Feb 19
As more people become aware of the impact of the meat industry on the environment, animal welfare, and human health, veganism has been gaining popularity around the world. For those unaware, veganism is a lifestyle that avoids the consumption of animal products and the use of products derived from animals. Although just a small percentage …
Feb 17
According to Prudent Markets, The Vegan Cheese Market Size was esteemed at $1.98 billion at the end of 2021 and is expected to rise to $4.71 billion by 2028. If these estimates are matched, the market would see a compound annual growth rate (CAGR) of 13.2% over the forecast period of 2022 to 2028. The …
Feb 16
A new report conducted by ProVeg International has found that a strong majority of consumers in the UK want their government to subsidize non-animal alternatives to meat and dairy. The report, titled Plant-Based Price Parity: Exploring Consumers’ Willingness to Pay for Plant-Based Food Products, found that 59% want government subsidies on meat and dairy alternatives …
Feb 16
The global vegan frozen pizza market is expected to be valued at $854 million in 2023 and to reach a valuation of $1.9 billion by 2033, according to a new report. The report by Future Market Insights found that from 2023 to 2033 the market will see a compound annual growth rate of 9.3% CAGR, …
