Today’s customers are more aware than ever of what they consume. They’re seeking foods that not only are healthy but also ethically and sustainably produced. This has resulted in a demand explosion for plant-based meat substitutes, non-dairy foods, and other vegan-compliant products.

Here’s why companies need to take this transition seriously:

Health Benefits

A lot of consumers are embracing plant-based diets in order to reduce cholesterol, enhance digestion, and prevent chronic diseases. Research has indicated that plant-based diets are associated with weight loss, a healthy heart, and improved blood sugar levels.

Sustainability

A plant-based food system consumes less and emits less carbon, making it an eco-friendly option. The international plant-based food market is estimated to grow to $113.05 billion by 2031, indicating increased consumer demand for sustainable food.

Ethical Concerns

Increasing numbers of consumers are opting for vegan products to promote animal welfare.

Diverse Consumer Base

Veganism is now mainstream—not a niche, from flexitarians to hardline vegans looking for plant-based alternatives.