The global plant-based milk market is expected to reach $16 billion in 2018

Oat milk manufacturer Oatly reported recently that it is predicting a 64% surge in its annual revenue! According to the newly public Swedish company, it had to increase production capacity by 50% in order to catch up with demand, as sales of its dairy-alternative products rose in the second quarter, recovering from last year's pandemic-driven fall.

The plant-based food industry has been absolutely exploding in the past two years, growing by 43%, with a greater variety of amazing vegan options than ever before! As a matter of fact, it's growing so fast that it's outpacing the overall growth of food sales, which is just amazing

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