At the moment, one in four Americans “still report eating more protein from plant sources than in spring 2020, including foods like quinoa, lentils and tempeh, propelling the more than $7 billion dollar plant-based industry into what many are betting is the future of American cuisine,” reports The Washington Post.
In addition, they added that, “In a study of over a half-million survey participants published in September in Gut, scientists found that eating healthy plant-based foods reduced the risk of severe covid-19 by 41 percent, even after controlling for a number of factors.”
That’s substantial, game-changing news for companies such as Komo Plant Based Foods (CSE:YUM)(OTC:KOMOF), Very Good Food Company Inc. (CSE:VERY)(OTC:VRYYF), Guru Organic Energy Corp. (TSX:GURU), Else Nutrition Holdings Inc. (TSXV: BABY)(OTCQX: BABYF)(FSE:0YL), and good natured Products Inc. (TSXV:GDNP)(OTC:SLGBF).
Plus, as reported by Yahoo Finance, “According to a new report from food intelligence firm Tastewise, menu mentions of plant-based meat spiked by a staggering 1,320% in the U.S. compared to pre-pandemic levels in early 2020.” In addition, according to Alon Chen, Co-Founder and CEO of Tastewise, as also quoted by Yahoo Finance, “This shift has created a $14B opportunity over the next decade, where the question is not ‘if’ every foodservice business must offer plant-based alternatives, but ‘when’ and which technology will prevail.”