The global plant-based meat market size is expected to reach $35.4 billion by 2027, according to a new study conducted by Polaris Market Research.
The global plant-based meat market is driven by growing concern over animal-based meat owing to reports that coronavirus originated from wild animals, as well as increasing awareness among consumers about healthy food products, a growing global population, and major shifts in food production and consumption.
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In June 2020, Veganuary, a UK based non-profit organization, introduced Veg Capital to fund solutions for plant-based food startups.