Sponsored By

Plant-based comes in many packages

From snacks to beverages, trend continues to grow with new product launches

Holly Petre, Assistant Digital Editor

July 9, 2020

5 Slides
plant-based-product-gallery.png
From snacks to beverages, trend continues to grow with new product launches

Sales growth of plant-based foods continues unabated, even during the coronavirus pandemic when some industry observers expected consumers to revert back to less healthy eating behavior.

A SPINS retail sales data study from March 2020 revealed that plant-based options are out-pacing overall food growth by more than five times, growing 29% in the past two years to $5 billion. The industry is expected to reach $85 billion by 2030.

Furthermore, at the peak of grocery “panic buying” in mid-March, plant-based food sales spiked 90% over the prior year, 25% higher than other food sales, according to a May study by the Plant Based Food Association. Beef and other shortages during the pandemic also helped spur sales of plant-based meat alternatives.

Here are some of the latest new entries into the plant-based segment.

About the Author

Holly Petre

Holly Petre

Assistant Digital Editor

Holly Petre is a content producer and assistant digital editor as well as the host of Nation’s Restaurant News’ podcast, Extra Serving, and producer for Informa Restaurant and Food Groups other three podcasts, One On One by Food Management, Off the Shelf with SN and In the Kitchen with Bret Thorn. Holly holds a Bachelor of Fine Arts with a concentration in Sculpture, fibers and Material Studies and Ceramics from the School of the Art Institute of Chicago. A native New Yorker, Holly enjoys her place on staff as the resident pop-culture expert and millennial with a sassy attitude and great sense of style.

Holly Petre’s work on Nation’s Restaurant News and Restaurant Hospitality often covers marketing and trends, either aimed-at or examined-through the millennial mindset. Holly is responsible for introducing TikTok and Twitch to NRN and RH readers as well as explaining terms like “Karen” to staff and readers alike. She also spends her time on staff trying not to make every headline a pun.

Holly Petre hasn’t spoken at any events or on panels, but she is readily available with a killer shoe wardrobe and several witty quips.

See more from Holly Petre
Stay up-to-date on the latest food retail news and trends
Subscribe to free eNewsletters from Supermarket News

You May Also Like

Read more

The front of a CVS store with the 5 things logo in the upper right corner.
Grocery Operations
5 things: Is CVS starting to crumble?5 things: Is CVS starting to crumble?
A red sale tag on a grocery store shelf.
Grocery Trends & Data
Report: 86% of shoppers are frustrated about grocery shoppingReport: 86% of shoppers are frustrated about grocery shopping
Kroger and Albertsons storefronts
Mergers & Acquisitions
Kroger and Albertsons: Traditional grocers will continue ‘downward slide’ without mergerKroger and Albertsons: Traditional grocers will continue ‘downward slide’ without merger
Rows of cargo containers stacked up at a port.
Food Accessibility
Port strike ends as two sides reach tentative dealPort strike ends as two sides reach tentative deal
The front of a Safeway store with a Safeway sign.
Grocery Operations
Safeway, Albertsons, Vons settle price overcharges, false weight advertising complaint for nearly $4MSafeway, Albertsons, Vons settle price overcharges, false weight advertising complaint for nearly $4M