Blog Post

Plant-based meat predicted to rebound

By Tatiana Freitas

A maker of veggie burgers and plant-based meat products backed by a multinational joint venture expects demand for fake meat to resume its exponential growth as food inflation eases and products improve. PlantPlus Foods Chief Executive Officer John Pinto said his company sees global sales of plant-based food surging to $30 billion in a decade, after stalling in recent years around the $2 billion mark. His company is a joint venture between Brazilian meat giant Marfrig Global Foods and U.S. agribusiness Archer-Daniels-Midland Co.

Plant-based burgers and sausages are…

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