Originally coined in the 1980s, the term "plant-based" did not gain significant attention on the global stage until 2015. The Mintel Global New Products Database revealed a 302% surge in new packaged consumer goods with plant-based claims from 2018 to 20221.
As we approach 2024, trend forecasts consistently highlight plant-based consumption as a fundamental aspect of the modern diet. Driven by rapid urbanization and evolving lifestyles, there's a burgeoning trend towards nutritious and healthy food products, significantly propelling the global growth of the plant-based food industry.
Green Revolution on Your Plate
The recent economic decline has led to a decrease in consumer interest in the plant-based food and beverage industry. Growing unease about personal