Study: Plant-based meat market expected to register CAGR of 5.8% through 2026
In North America, the U.S. retail value sales for plant-based meat products have been surging over the past couple of years.
The global plant-based meat market is projected to register a CAGR of 5.8% from 2018-2026, according to a report published by Persistence Market Research, New York.
The study, “Global Market Study on the Plant-based Meat Market,” reveals the annual global sales of plant-based meat products has grown at an average of 8% since 2010. In the global market, Asian countries like China have shown a rise in the consumption of plant-based meat products year-on-year, making the country one of the dominant plant-based meat market on the global stage.