2022 Food & Beverage Trends
In the year 2022, plant based foods are posed to be in the spotlight around the world. The global plant based food market was valued at $29.4 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 11.9% through 2027 to reach a value of $74.2 billion. Plant based foods and alternatives are expected to continue to gain mainstream popularity in Europe and the United States and begin picking up momentum in APAC countries where significant investments are being made.
In this industry deep dive the experts at American International Foods, Inc analyze what is driving the top food and beverage trends across the globe and in key geographical markets including the United States, Europe/UK, and Japan/APAC.