article thumbnail

Restaurateurs Foresee Bright Future as Fine Dining Turns Vegan

Modern Restaurant Management

percent CAGR between 2022 and 2032, and Plant-Based Milk sales will grow ~ 2x by 2032, says Future Market Insights. Through this approach, they are also able to cater to their customer’s taste while reducing the risk of using too much processed food. Plant Based Protein accounted for US$ 11.3 percent in 2021.

article thumbnail

State of the Industry and More Restaurant Research

Modern Restaurant Management

Eco-Friendly Food Packaging The global eco-friendly food packaging market is expected to reach a size of US$ 380 billion by the end of 2032, as per data released by Fact.MR, a market research and competitive intelligence provider. percent of its restaurants catering to vegans. out of 100.