Plant-based meat market in Switzerland set to grow to CHF361 million by 2030
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Plant-based meat market in Switzerland set to grow to CHF361 million by 2030
Switzerland’s market for plant-based meat alternatives has a potential value of around CHF242 million ($302 million) this year, according to recent estimates from data platform Statista.
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The market is set to keep growing, with forecasts suggesting it could reach CHF361 million by 2030. That would mean annual growth of around 10%.
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However, vegetarian and vegan sausages and steaks are likely to remain a niche market. For context, overall food sales in Switzerland currently stand at nearly CHF39 billion. Of that, meat is the biggest category, accounting for around CHF7.5 billion.
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‘The meat industry is our main competitor’
Translated from German with DeepL/sp
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