Here at Deli Market News, we are constantly keeping watch on the growth and evolution of markets across the dairy, deli, bakery, specialty, and plant-based sectors. Bringing some key insights on vital developments and worldwide opportunities for the global plant-based chicken market, Future Market Insights has revealed that the category is projected to reach $8 billion by the end of 2030.
As the plant-based chicken sector preps for double-digit growth from 2020 through 2030, the source noted that a rising concern for animal welfare has sparked a paradigm shift in consumer eating habits. In addition, tough legislations prohibiting or limiting animal slaughter across several countries has also fueled growth for this evolving market.
As a result, demand for plant-based foods continues to experience a steep incline, creating a very competitive plant-based market at the retail and foodservice levels. Some key players experiencing impressive growth in the space include Impossible Foods, Conagra Brands, Atlantic Natural Foods, Beyond Meat, Tyson Foods, and more.
Click here to read a more in-depth breakdown of current market conditions and their impacting factors.
As we look to further help buyers and suppliers harness the opportunities of the plant-based industry, DMN will continue to bring forth reports like this one.