Global plant protein industry to exceed 520 billion by 2027

 Market researchers predict that the plant-based products industry will continue to grow, and investment circles will continue to throw olive branches to companies that produce alternative meat, dairy and eggs.


The global plant-based food industry is expected to be worth $74.2 billion by 2027, according to data compiled by market research firm Meticulous Research. In its report, the market research firm forecasts that the global plant-based food industry will grow at a CAGR of 11.9% from 2020 to 2027, with the growth of the plant-based dairy industry expected to dominate the plant-based market.


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