The market for plant-based food is estimated to grow by 17% to $4.2B (about €3.58B) in 2021. This is due to the increasing awareness of the health and environmental benefits of cutting down on meat. Meatless Farm – a meat alternatives brand plans to ride this growth wave and has ambitious plans to expand in all its key markets and to grow its product range.
Raises awareness & €26.4M
The UK-based meat alternatives brand, Meatless Farm, has raised $31M (approx €26.4M) in a fresh round of funding from an undisclosed group of new and existing private & family office investors.