As an emergent sector globally, plant-based foods represent a double-digit growth category.
Furthermore, with over 35% of the world’s supply of pulse
proteins coming from Canada, we are uniquely positioned at the epicenter of grower relationships and supply chains to benefit shareholders and consumers.*
The rising demand of plant-based products
In 2020, retail sales for plant-based alternatives grew twice as fast as overall food sales in the US. Sales for plant-based meat in particular grew 45 percent. In fact, some forecasts predict plant-based meats may capture up to 6% of the global meat and seafood market, necessitating the production of 25 million
metric tons (MMT) of plant-based meat annually.*
*Source: Good Food Institute – gfi.org/science/the-science-of-plant-based-meat/”