Tag: plant-based food

Report: 40% of Consumers Buying Plant-Based Foods

Nearly half of consumers are buying plant-based products in 2022. A new report from Acosta found that 40 percent of consumers surveyed in March purchased plant-based protein and/or dairy alternatives within the last six months, …

Demand Growing for Clean Label Meat Alternatives

As a broader variety of plant-based protein alternatives enter the market, health-conscious flexitarians are turning a more critical eye towards ingredients and production methods. In 2021, consumer interest in clean label grew by 86% within …

Plant-Based Snacks Enjoying Steady Growth

As consumers continue to blur the line between snacks and meals, the plant-based category is playing an active role in the space between. Seventy-eight percent of global consumers say their definition of snacks has evolved …

Is Beyond Meat Beyond Repair?

Investors appear to have soured on Beyond Meat, sending its stock price from a $160.28 to as low as $35.74 in the last year, as competition in the alternative-meat sector has increased and the company’s …

Analysis: Is There Too Much Plant-Based Competition?

Seemingly any product you can think of has a plant-based alternative these days. When The Food Institute attended this years’ Natural Products Expo West, we found a plethora of plant-based brands with items like alt-chicken …

Can Plant-Based Innovation Boost Store Brand Sales?

On the heels of a stagnant sales year for store brands, Amazon and Kroger are bulking up their private label portfolios with plant-based products. Is category innovation on the horizon? The Food Institute Podcast · …

Is Plant-Based Meat at a Retail Crossroads?

Alternative meat sales continue to plateau at retail following strong performance in recent years. Has plant-based meat reached its peak, or is this just a lengthy chapter in the emerging category’s evolutionary process? According to …

CPG Companies Eye Plant-Based Market with Different Goals

More major CPG companies are playing in plant-based, flagging the alt-protein category as a potential catalyst for growth. But industrywide, the depth of that value is not easily measured in broad strokes. “When you factor …

Growth Prospects Strong for Plant-Based Cheese

Cheese is pegged as the next growth category for plant-based dairy at retail, as quality innovations flourish and big players start to make inroads. Globally, the vegan cheese market is expected to expand at a …

Is Plant-Based Bacon Poised for a Breakout?

Replicating bacon has been no small task for alternative protein producers, but new innovations in flavor and texture are bringing plant-based options ever closer to home. “Plant-based bacon is going to have its moment in …

Experts: Plant-Based Segment Poised for Significant Growth

While it’s still in its growth stage, the plant-based food category has, undeniably, taken root. Consider: according to a report by Bloomberg Intelligence, global retail sales of plant-based food alternatives may reach $162 billion by …

New, Traditional Companies Pushing Innovation in Plant-Based

Omnivores dabbling in plant-based alternatives to meat and dairy products are expected to propel these substitutes into a $162 billion global industry within the decade. With that much money at stake, major food companies, including …

Analysts Expect Plant-Based Food Trend to Continue

As plant-based food continues to make inroads, industry observers expect the category to become a larger part of our diet in the years to come. That was a key theme during The Food Institute’s recent …