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Plant-based food industry reveals steady growth

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New retail sales data from the Good Food Institute and Plant Based Foods Association

 

  • In 2021, plant-based meat sales remained steady with $1.4 billion in sales.
  • In the past three years, plant-based meat unit sales have grown by 51%, or 5x the growth of animal-based meat unit sales (9%).
  • Plant-based milk dollar sales grew by 4% to reach $2.6 billion while animal-based milk dollar sales declined by 2%.
  • Plant-based eggs were the fastest-growing plant-based category in 2021, with 42% dollar sales growth while conventional egg dollar sales declined by 4% in 2021.

View the market research for breakdowns by category, household data and purchase dynamics, and comparisons with animal categories.

For more information and analysis on the plant-based meat category’s sales performance, read GFI’s blog post, A deeper dive into plant-based meat sales in 2021, with insights into inflation, pandemic impacts, ingredient shortages, supply chain disruptions, and more.

Join GFI, PBFA, and SPINS for a launch event covering the data

The free webinar will cover:

  • Category insights for overall plant-based foods, plant-based meat, eggs, milk, other dairy, meals, baked goods, and more, further segmented by protein source, format, and product type.
  • Consumer demographic information, as well as purchase dynamics for plant-based food categories, including household penetration, repeat rates, and dollar sales per trip and per buyer.
  • Plant-based vs. animal-based category sales and growth.
  • Perspectives on the growth of plant-based foods during Covid-19 and what it means for the future of plant-based performance at retail.
Register now →
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