FOOD INDUSTRY IN NUMBERS The Multi-Billion Dollar Plant-Based Food Market in the U.S. By Felix Richter, Statista aving long been limited to a handful of mostly And whether it’s due to allergies, intolerances, volun- soy-based products, plant-based alternatives to tary diet choices or simply to reduce the carbon footprint dairy and meat have made giant leaps forward of their food intake, many people are enjoying the new over the past few years. variety of plant-based alternatives to dairy and meat. HThanks to advances in food science, According to the Good Food Institute's State of the people can now enjoy a creamy oat milk cappuccino, Industry report, plant-based foods are a multi-billion-do- have a tasty burger based on pea protein or even try llar market in the United States, with milk alternatives chicken-free chicken nuggets that mimic the real thing by far the largest category at estimated retail sales of surprisingly well. $2.9 billion in 2023. 3636 NNOOVVEEMMBBEERR/ D/ DECECEEMMBBEER 2R 200224 4 AABBAASSTOTO..CCOOMM