Delivered November 22, 2019. Contributor: Dagmawit W.
To understand how plant-based trends have evolved in terms of dairy and meats to determine if the seafood market is 'large enough' to support plant-based seafood companies that can become as large as Beyond Meat has in the meat market.
Plant-based milk comprises 13% of the entire milk category.
In 2018, the US milk sales were down by one billion dollars while sales of plant-based milk kept rising.
Between 2017 and 2018, plant-based milk has grown by 6%.