US plant-based market spreads

In the United States, the Plant-Based Foods Association and the Good Food Institute report 11.4% growth in US retail sales of all plant-based foods to $5.0 billion in 2019, fuelled by:

• innovation

• expanding shelf space.

The top segments are milk and meat alternatives, but the fastest growth rates have come from smaller niches such as eggs, spreads, creamer and yogurt.

US plant-based retail sales 2019

Source: SPINS

I should add that FoodBev Media is organising the first World Plant-Based Awards later this year, with categories spanning products and brands through to marketing, packaging, manufacturing and sustainability. Entries close on 24 July. Go to https://www.foodbev.com/world-plant-based-awards-enter for full details.