New Zealand & Australian plant based industry FAQs
What is the plant based industry?
The plant based industry encompasses vegetarian and vegan foods, including plant based eggs, meat and dairy products.
Is the plant based industry growing?
Yes. According to a new report by Bloomberg Intelligence, the plant-based meat and dairy sectors are growing at an unprecedented rate.
What are examples of plant based products?
Plant-based foods are generally classified into fruits, vegetables, legumes, grains, nuts, and seeds. Through processing, these components can be turned into plant based products to replace conventional meat and animal protein products, for example:
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- Cashew “cheese”
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- Soy “yoghurt”
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- Almond “milk”
- Mycoprotein