The Impact of the Vegan Economy

A comprehensive analysis conducted by Euromonitor International revealed that the market for plant-based foods exhibited a notable growth of 27% in 2020. This is an unambiguous indication of growing consumer interest. The global market for plant-based foods is projected to reach a value of over 74 billion USD by 2027. The demand for water and land is typically lower for plant-based products, making their production more cost-effective and sustainable than animal products.

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