Too Big to Fail: Vegan Meat Market Will Surpass $5 Billion by 2020

The growing market for vegan meats has made headlines
recently and for good reason: according to a new
study, the market for such plant-based substitutes will reach $5.17 billion
by 2020.

“Key factors such as increase in adoption rate of vegan
& vegetarian diet and increasing health concerns for pets, increasing
environmental issues, and presence of modernized retail chain in emerging
markets are projected to support the growth in the meat substitutes market in
the forthcoming years, the report release explains.

With meat consumption expected to double by 2050 and limited
resources available for raising animals for food, it should come as no surprise
that various
venture capitalists have begun funding environmentally conscious,
animal-friendly food companies in the hopes of saving the planet’s dwindling
resources.

Companies like Beyond
Meat and Kite Hill have
changed the game for the food industry, creating alternatives that boast taste
and texture nearly identical to those of the animal-based products they
imitate. And as more and more substitutes are developed, factory-farmed
meat and eggs might soon become a thing of the past.

Luckily, consumers don’t have to wait to start saving the environment and
helping animals. Going vegetarian has never been easier with so many delicious
meat alternatives already on the market.

Click here to
order your FREE Vegetarian Starter Guide
today.