Growing trend of veganism and flexitarians and rising consumption of dairy and meat substitutes are key factors driving the global plant-based food market. Similarly, plant-based food demand will rise on the back of rising flexitarian and vegan populations and increasing interest in animal welfare. Future Market Insights (FMI) predicts the global sales of plant-based foods will rise rapidly due to rising concerns about the ecological footprint of several food products and escalating animal welfare issues.
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