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Source: FOOD NAVIGATOR, 9/13/17
US retail sales of plant-based foods and beverages rose 8.1% to $3.1bn in the 52 weeks to August 12, according to Nielsen data compiled for the Plant Based Foods Association and The Good Food Institute. (For readers familiar with a SPINS report issued last year pegging the market at $4.9bn in mid-2016, the Nielsen figure is significantly lower because it does not include most non-dairy creamers. Meanwhile, neither data set includes sales from online sales, retailers such as ALDI and Trader Joe’s, and natural channel retailers such as Sprouts, so the actual market size is likely much larger.) For more of this story, click here.
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