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According to Euromonitor International’s health and nutrition survey, 21% of the surveyed global consumers are trying to limit their meat intake, driving sales of global meat substitutes to reach $23 billion by 2023.
Fresh meat represents 89% of the total volume of meat sold globally, and is projected to grow by 2% annually through 2023, according to a study released by Euromonitor International, UK.
While most ice cream categories witnessed either a moderate increase or decline in 2017, bulk dairy ice cream stood out as a strong exception, recording retail volume growth of 4% and current value growth of 5% to achieve sales of 2.6 billion liters and $6.8 billion, respectively, according to a report released by Euromonitor International, UK.
2018 will see consumers continuing to question their values, priorities and purchasing decisions, and prioritizing brands and issues that matter to them, according to a trends report released by Euromonitor, London.
Consumer foodservice is forecasted to reach $3 trillion by 2021, with delivery as the fastest growing channel at 51% from 2016-2021, according to data from Euromonitor International, Chicago.
