New report on plant and animal meat
The report titled "European Consumer Survey On Plant-based Foods", written by food group Proveg International, explores opportunities for plant-based food producers.
The report notes that the market for alternative meat products will surge in the next few years as traditional meat remains stagnant.
Plant meat vs animal meat
For plant-based meat market growth forecasts, manufacturers can slowly turn their attention to plant-based meat products, Proveg said.
Meanwhile, according to Markets and Markets, which predicts plant-based meat will grow by 15 percent annually, reaching nearly $28 billion by 2025. By contrast, the global animal meat market is only growing at 3 percent a year, according to Kearney's forecast.
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