Posted on
September 25, 2024 by
The VRG Weblog Editor
By Reed Mangels, PhD, RD
The Good Meals Institute is a nonprofit assume tank whose said aim is “to make different proteins as scrumptious, reasonably priced, and accessible as standard meat.” They assist the event of plant-based meats (meats produced straight from vegetation), cultivated meats (meat produced through cell tradition), and fermentation (utilizing microorganisms to supply different proteins). Their 2023 State of the Business Report: Plant-based Meat, Seafood, Eggs, and Dairy was developed to tell meals system stakeholders concerning the different protein market. This 91-page report was stuffed with thought-provoking particulars. Listed below are a number of that I discovered significantly intriguing:
Six in ten U.S. households bought plant-based meals in 2023. I assume that this implies processed meals versus vegatables and fruits. Purchasers of plant-based meals are typically youthful, from increased earnings households, and to have graduate levels in comparison with the common family.
In 2023, in america, 36% of customers reported consuming plant-based meat; 25% of U.S. customers ate plant-based meat a minimum of as soon as a month. Most customers who ate plant-based meats additionally ate animal-based meat; solely 5% ate plant-based meat completely.
Shoppers in america mentioned that enhancements in style and value would make them extra prepared to eat plant-based meat.
In 2023, retail plant-based gross sales in america had been $8.1 billion, down from $8.2 billion in 2022. Plant-based meat and seafood, ice cream, and cheese greenback gross sales declined 9% or extra in comparison with 2022. Greenback gross sales of plant-based baked items and creamers had been a minimum of 8% increased than in 2022.
Plant-based milk gross sales accounted for nearly 15% of whole milk greenback gross sales in 2023. The plant-based milk class reached $2.9 billion in gross sales in america in 2023.
In India, a Vegan Meals Regulation was finalized in 2022. Vegan product producers should apply to the Meals Security and Requirements Authority of India for approval for his or her merchandise to be labeled as vegan.
You possibly can obtain and skim the total report right here.
