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[Business] Plant-Based Food Sales In US Exceeded $7 Billion In 2020

'Almost 40 percent of households now have plant-based milk in their fridge'

Plant-based food sales in the US retail sector grew by 27 percent in 2020, and exceeded $7 billion.

The data*, commissioned by the Plant Based Foods Association (PBFA) and The Good Food Institute (GFI), was published today.
Plant-based food sales

It found the plant-based food market grew almost twice as fast as the total US retail food market. Which, increased 15 percent in 2020 due to COVID-19 shutting down restaurants.

The report also says the value of plant-based meat – the second-largest plant-based category – hit $1.4 billion last year.