Plant-based foods' market value rises to $5B, report says

Annual plant-based food retail in the United States is now topping a US$5 billion in total, which reflects a strong 18.4% growth on a year-on-year basis.

Average dollar sales in the United States of plant-based foods altogether jumped 11% in 2019 to reflect a 29% growth within just two years. In comparison, total retail food dollar sales in the United States grew by a mere 2% in 2019 and just 4% over the same two-year period.