Retail Market for Meat Substitutes and Alternatives Now a Billion Dollar Industry, reports Packaged Facts

July 5, 2019 Packaged Facts

Major opportunities remain in meat and poultry, though not in the usual ways or for the usual players, according to U.S. Food Market Outlook 2019, a report by market research firm Packaged Facts.

Meat Substitutes Recorded $ 19.5B Sales Globally in 2018

According to Euromonitor International, 24 percent of the surveyed global consumers are trying to cut down their meat intake, driving sales of global meat substitutes to reach USD 19.5 billion in 2018.