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The meat substitute industry is growing rapidly. According to research firm Markets and Markets, the global sales of meat substitutes increased by $4 billion this year alone and have seen a 42 percent increase since 2010. Experts anticipate the global meat substitute market to generate $5.2 billion in revenue by 2020, reports MarketWatch.
If these numbers aren’t compelling enough, now one of the world’s largest meat processors has gone on record to predict a meatless future. Tyson Foods CEO, Tom Hayes, told Fox Business that plant-based protein is the future of the food industry in a recent interview.
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