Food: Plant-based products’ long-term success may hinge on sharing the plate with animal products, SPINS data suggests Sales of plant-based products are “where they are supposed to be” despite a post-pandemic slowdown, but to reinvigorate growth and expand appeal “beyond the hardcore” consumers, stakeholders should ... Plant-based products’ long-term success may hinge on sharing the plate with animal products, SPINS data suggests Hybrid dairy, combining dairy and plant-based ingredients, is a nascent category. Although thought by some to hold consumer appeal, innovation is lacking.

Understanding the Context

In fact, you’d be hard pressed to find a ... The plant-based food market in 2023 was worth $8.1 billion, according to the Good Food Institute, and emerging franchises want to tap into the market potential. “The majority of our customers aren’t ... Growing consumer interest in health, sustainability and ethics is driving plant-derived ingredients and products into high popularity.” That statement, from a recent report from Innova Market Insights ...

Key Insights