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Packages of Beyond Meat plant-based burger patties are displayed for a photograph in Tiskilwa, Illinois.
Daniel Acker | Bloomberg | Getty Images
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.
“Although today we believe that there are inherent barriers to successfully replicating certain animal-based…
Source cnbc.com
