In other words, it’s wise to start investing now. The best part, he told me, is that these big companies with deep pockets can use their resources (e.g., expertise, R&D, distribution channels, and advertising dollars) to further increase the market penetration of ethical products. The analysis ranges from revenue and operations to future growth opportunities. According to Ullerstam, we are in an exciting time, where the demand for sustainable and ethical products is growing, while the availability and the quality of these products are improving. Mayoras expects this growth to accelerate in the coming year as more people acknowledge the benefits of going vegan. Trade. Apart from practicing sustainable consumption, there are other ways of showing support for the vegan lifestyle. However, he asserts that the trend isn’t going anywhere. The longer she worked in these industries, the more she realized that she had the potential to expand the vegan trend. (VegNews) Data compiled over a 52-week period reveals that the retail food market grew by only 2% overall, while the plant-based food market grew by 11%. Vegan Market - Statistics and Facts Published by Jan Conway, Jan 4, 2019 Vegans practice complete abstinence from the use of animal products in diet or as a commodity. Technology, media, hospitality, and financial services, she says, are some of the areas where we can promote veganism. His expertise lies in the food and agribusiness industries. He emphasized that with big companies such as General Mills, Danone, Cargill, and Tyson taking plant-based alternatives seriously, it won’t be long before other brands follow their footsteps. According to an upcoming report of Allied Market Research, titled, “Ultrasonic Air Bubble Detectors Market”, the Ultrasonic Air Bubble Detectors market is expected to grow sustainably from 2020 to 2027. The Vegan Food companies continuous efforts on product development and innovation, is expected to drive the growth of the market. Insbesondere vegane Alternativprodukte erfüllen dabei oft die verlangten ethischen und umweltrelevanten Kaufkriterien, auch mit Blick auf den gesundheitlichen Aspekt. Dan Altschuler Malek, Sr. Venture Partner at New Crop Capital. Apply. - Communication Agency, Advertising, Media Consulting, Marketing Research, Business, Economy, Finances, Banking & Insurance, Pressemitteilung kostenlos veröffentlichen. Locations. He created two market-leading classified ads websites, an internet company, and 10 other start-ups, which he all sold eventually. COVID_19 Scenarios: The Vegan Food market size was valued at $14.2 billion in 2018 and is expected to reach $31.4 billion by 2026, registering a CAGR of 10.5% from 2019 to 2026. These forces, he says, are creating a new high-growth industry while making the world a better place. The Hybrid Funds has been the worst hit by COVID-19 globally. I caught up with the amazing woman behind Beyond Impact Advisors to find out about the future of the vegan industry and why vegan businesses are worth investing in this 2019. The slow growth in 2020 is mainly due to the economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. Måns Ullerstam, Founder of Kale United While the traditional food industry is still trying to catch up, new competitors are also entering the market. Starting next year, he says, we should expect nothing less than explosive growth in this segment. © 2004 - 2020 openPR. Smith has been investing in sustainable consumer products since 2017. He told me, “Plant-based is the blue ocean in the food, agriculture, technology, and wellness industries.” There is overwhelming evidence pointing to the fact that the mainstream has recognized that food is at the nexus of some of the world’s biggest challenges. “In the coming years, I expect more meat and dairy companies to notice the signs on the wall, and to start to or further diversify their business, through venture investments or acquisitions,” he said.