Plant-Based Food Market Now Worth $5 Billion in U.S.
Demand for animal-free products shows no signs of slowing down.
Credit: Impossible Foods
Sales for plant-based foods reached a record $5 billion last year, as more and more U.S. consumers continue to choose animal-free products.
According to market research firm SPINS, retail sales of plant-based foods increased by 11 percent last year. In comparison, overall U.S. retail food sales grew just 2 percent.
The chart below shows how plant-based products are growing at an exponential rate in comparison to their animal-based counterparts.
Vegan egg sales for example, saw the biggest growth - up 192 percent last year - with sales climbing from $3 million to $10 million.
These figures reflect the changing tastes across the US, with almost one in four Americans now cutting back on eating meat.
Looking to make the switch to plant-based foods? See our guide to the tastiest plant-based meats.
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