US$ 11.7 Billion Plant based Foods Market to Register 10.3% CAGR

According to the recently released report by Bekryl, Global Plant based Foods Market was valued at US$ 11.7 billion in 2018 and will register 10.3% CAGR during the forecast period. It is estimated to reach US$ 12.9 billion by 2019 end. Plant based food products is increasingly gaining space in major retail store shelves primarily due to vegetarian and vegan becoming mainstream lifestyle choice. The trend has become quite popular in Western countries.