News Not Good for Plant-based Meat, Seafood

Manufacturers of plant-based meat and seafood alternatives continue to struggle to grow the market, according to a new report from the Good Food Institute, a nonprofit think tank and international network of organizations involved in alternative proteins.

The volume of US retail sales of all plant-based food products slipped nine percent last year from the year prior. The value of those sales slipped 1.2 percent to $8.1 billion (€7.6 billion) in 2023, according to the reports.

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