A new report from Bloomberg Intelligence is predicting that the global market for plant-based foods could see a fivefold growth by 2030. As the demand for plant-based dairy and meat alternatives continues to climb, the food industry is also seeing rising investment in new products and production methods, coming from a variety of ingredient and CPG manufacturers, including newly-public Nepra Foods, as well as established food industry giants such as Bunge Limited, Conagra Brands, Inc., Sprouts Farmers Market, Inc., and Archer-Daniels-Midland Company.
Rising meatless protein investment indicates accelerated plant-based demand: Report
- Details
Share your company and people news with the industry.
Contact Grocery Business’ content manager
Stacey Newman ([email protected])
Related Articles
Fever-Tree joins forces with distributor Tree Of Life Canada
Fever-Tree has announced its official vendor of record change to Tree of Life Canada.…
Farm Boy plans to open in Toronto’s Sugar Wharf development
Farm Boy will open a store in Toronto’s Sugar Wharf area, as reported by Retail Insider.…
Plant-based foods, not your garden-variety industry
By Robin Burns, Jake Gilbert and Pei Li of Blake, Cassels & Graydon LLP From the…
FreshCo opens new Calgary location
FreshCo has opened its new Calgary location in the Evanston neighbourhood of Calgary.…
Tre Stelle launches a cheesy meat alternative fit for a champion
Fresh from the World Championships where Andre De Grasse anchored his relay team to gold,…
Walmart reportedly laying off 200 corporate workers after falling profit warnings: U.S.
Walmart U.S. is reportedly laying off about 200 corporate workers, according to multiple…
Costco July sales in Canada up 11.7%
July sales in Canada for Costco Wholesale grew 11.7 per cent versus U.S. sales at 11.4…
Canadian company develops 100% protein-based solution to replace methylcellulose in meat alternatives
Burcon NutraScience Corporation’s joint venture company, Merit Functional Foods…
General Mills invests $2.3M to advance regenerative agriculture in Canada
General Mills and ALUS have announced a multi-year partnership to support farmers and…
CFIN invests $338K in four food sector projects
The Canadian Food Innovation Network (CFIN) has announced an investment of $338,000 into…

"Shop Walk" is a collaboration between Grocery Business and Field Agent that provides virtual store tours of new grocery stores across Canada. Images provided by Field Agent.
Latest Articles
- Fever-Tree joins forces with distributor Tree Of Life Canada
- Matt Biggs joins Cavendish Farms as director - sales and strategy
- Fortinos names Anthony Scornaienchi sr. category director, grocery - HBC, GM, & Nature’s Treasure
- Farm Boy plans to open in Toronto’s Sugar Wharf development
- Deepti Chandrasekaran joins Loblaw Companies as director, omnichannel merchandising
- Plant-based foods, not your garden-variety industry
- FreshCo opens new Calgary location
- Israel Lattiboudeaire named director, inbound transport at Loblaw Companies Ltd.
- Energizer Holdings promotes Sounita Souksombath to manager, national retail accounts
- Tre Stelle launches a cheesy meat alternative fit for a champion
- Meet the 2022 Grocery Business Hall of Fame inductees
- Metro's André Gagné to retire, Mike Rose named successor