Article Date 23/05/2019

Image from : Daniel Acker | Bloomberg | Getty Images

Alternative meat to become $140 billion industry in a decade, Barclays predicts

Source CNBC News

Analysts at Barclays “can’t believe it’s not meat,” projecting huge growth for the nascent alternative food industry within the next 10 years.

The market for alternative meat can reach $140 billion over the next decade, according to a team of Barclays analysts spanning the agriculture, food and restaurant industries. That rapid pace of growth implies the animal-free industry could capture about 10% of the $1.4 trillion global meat industry.

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