Plant-based Food: The Right Diet for You
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Right now, more consumers are already choosing plant-based products. With that, it drives the development of the plant-based market. Plant-based food has taken the market by storm. In the last five years veganism has gone mainstream, with two percent of people actively describing themselves as vegan. 2020 was the year everyone discovered plant-based, with new products appearing across the market, from bakery and pastries, to pizza, lattes, and even dirty burgers. The end of the year saw McDonald’s giving veganism perhaps the ultimate green flag with the launch of the McPlant menu. Researchers now predict the plant-based food market to heighten by nearly 11.9 percent by 2027 and have valued it at approximately $74.2 billion. (1) Are you still in your doomsday? With this page, you might get into sustainable, resilient food systems sowing seeds of recovery for people and the planet!
According to the Good Food Institute, we could see the plant-based sector see an astonishing CAGR of nearly 27% over the next 5 years. The Good Food Institute further claims that as of today, approximately 57% of North American households have acquired plant-based foods, while roughly 78% of households repeat order. With the world focused on ESG, nutrition, and health, UBS forecasts the plant-based foods space to ascend from almost $5 billion to $85 billion approximately by 2030. Bloomberg also forecast that plant-based meat could make a quarter of the roughly $1.8 trillion meat market by 2040. Fortunately, there are plant-based industries focusing on an untapped sector of plant-based products like frozen, ready-to-cook comfort foods that are set to potentially become the new face of the plant-based revolution.
These industries’ latest ingredients in-depth focus discusses food innovations and sustainable clean label products, including the promising substitution of colouring foods over colour additives. Cancer patients undergoing treatment are faced with a host of side effects, including malnutrition and even alterations to their taste. New Food explores some of the food innovations designed to possibly assist overcome both. After all, plant-based alternatives and ready-made meals are driving in the Frozen Food Category. Frozen foods have an estimated 11% CAGR through 2024, with nearly 33% of this potential development coming from North America. Innovation and development are also driven by plant-based products, with an estimated 9.5% advancement in natural or organic preference in 2020 alone. Today’s consumers are calling for sustainability. Through these kinds of articles, you could find out how adding more verdant produce to your plate could offer a bounty of health benefits. These plant-based frozen foods might bring people together with sustainable, always delicious dishes!
In general, what sets them apart from other plant-based industries is that they are not a meat industry or a direct competitor. Instead, these industries focus on the underserved frozen or ready-to-eat comfort food space. Frozen, plant-based multi-serve meals are an untapped segment that is prime for innovation. Just look at how some of their competitors lack what they could potentially offer. These industries might create plant-based versions of familiar, comfort classics using wholesome ingredients and authentic cooking. Many people are turning to a plant-based diet to not only prevent chronic disease, but also to slow its progression and, in some cases, even to reverse it completely. Adopting a plant-based diet benefits many aspects of health. So now, how do you get started and put it into action? Here are a few topics that could offer a line of plant based new generation foods to a spiraling number of health conscious consumers. This page might assist you succeed, thrive, and get the support you need on your healthy eating journey.
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Source 1: https://www.newfoodmagazine.com/article/139141/plant-based-boom/
