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plant-based food market | meat substitutes market (2019-2025)

Posted: Saturday November 30

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the plant-based food market is anticipated to reach a market valuation of us$ 38.4 billion by 2025 expanding at a cagr of 8.94% in the course of the forecast period (2019-2025). the expected growth of plant-based food globally can be attributed to the impact of non-vegetarian and dairy food on the environment and human health. one of the major contributors to global warming is the livestock industry, and, relative to plant-based agriculture, meat production has a much higher environmental impact in relation to freshwater use, amount of land required, and waste products generated. promoting increased consumption of plant-based foods is a recommended strategy to reduce human impact on the environment and is also now recognized as a potential strategy to reduce the high rates of some chronic diseases such as cardiovascular disease and certain cancers. roughly 387 mn people are living with diabetes, and according to the international diabetes federation, that number is expected to soar to nearly 600 mn by 2035.  studies claim a whole-food, plant-based diet can prevent and even reverse a litany of food and lifestyle-borne illnesses, including heart disease and type 2 diabetes. bakery items and snacks also contribute to these health issues. thus, it is important for this section to be moved to plant-based food.

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