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Industry

Plant-based retail sales hit $5 billion

Source: Good Food Institute 

New data shows that total plant-based retail sales reached $5 billion and grew 11 percent over the past year—almost five times faster than total U.S. retail food sales. Dollar sales of plant-based foods grew 29 percent over the past two years, compared to just 4 percent growth for total U.S. retail food dollar sales over the same time period.