Danone SA chief executive officer Emmanuel Faber is forecasting that the global food industry will face a decade of changing consumer appetites in which demand will increasingly shift toward plant-based offerings.
Mr. Faber, who also serves as chairman of the Paris-based multinational food company, envisages growth in “flexitarian” diets that emphasize plant-based food but also include a limited amount of meat and dairy products.
“There is a huge trend of people moving to less animal protein and more vegetable protein. This is across the regions where we operate – in Asia, Africa, Europe, North America and Latin America,” he said in an interview. “We believe that this flexibility in diets is fundamental for the future, for the health of people and also for the health of the planet.”
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