Plant-based food industry exceeds $7 billion in sales in 2020, report says

Plant-based food industry exceeds $7 billion in sales in 2020, report says

A new report found the plant-based food industry could be worth more than $74 billion by 2027. This comes as popular companies, like Oatly and Impossible Foods, are launching their IPOs. Both are rumored to be valued at about $10 billion each. Richard Laver is the founder of Kate Farms. He joined CBSN’s Lana Zak to discuss the expansion of the industry.

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