Green consumption, for plant-based foods +16% in two years
The segment is worth EUR 641 million in 2023 and is growing beyond the inflation effect. Beverages on the sales podium. Cheese +79.6%.
4' min read
4' min read
"Our greatest triumphs and challenges are reflected in the meals we share. Food is never just food, it's who we are". So begins Omnivore, one of the most eagerly awaited docuseries of the year (viewable from 19 July on Apple Tv+), created by celebrity chef René Redzepi. Few things better than food can tell who we are. It is a red thread that, travelled backwards, reconstructs the past; followed forwards, it gives a glimpse of what we are becoming. It is a terrain of continuous confrontation - individual and collective - that often features plant-based food. If the segment is, frequently, dominated by subjectivity, then let the numbers speak for themselves.
Monday's Il Sole 24 Ore was able to view and preview the report 'Insights into the Italian plant-based food retail market from 2021 to 2023, with preliminary indications of market trends in 2024' prepared by the non-profit Good Food Institute Europe, based on Circana data. The Italian retail market for seven categories of plant-based foods (meat, beverages, cheese, yoghurt, cream, ice cream and desserts) is worth EUR 641 million and has grown by 16.1% in two years, and by 8% over 2022.
Despite the price increase - which affected all food goods across the board - unit sales grew by 5.8% between 2021 and 2023 and by 2.8% between 2022 and 2023. In the period January-April 2024, the total sales value of the seven categories grew by 6.5%, sales by 8.3% and volumes by 5.1% compared to the same period in 2023 (see infographic for details).
Product categories
.The podium in sales value is led by vegetable beverages and reaches EUR 315 million (+ 10.9% on 2021). Silver medal for vegetable meat: the value of sales increased by 24.2% over 2021 to EUR 199 million. Unit sales saw an increase of 15.1%, although the average price of a kg of vegetable meat rose by 12% between 2021 and 2023, before falling slightly at the beginning of 2024. Big boom for cheese: a small category that saw sales value increase by 79.6% and volumes by 77.3% between 2021 and 2023 (see article on the right).
The consumer identikit
.The Coop 2024 report notes that 22% of Italians have eliminated or reduced their meat consumption and 82% of those under 35 are adopting or may adopt a predominantly plant-based diet in the future. According to the recent study 'Evolving appetites: an in-depth look at European attitudes towards plant-based eating', financed by the European Union, 23% of Italian respondents declare themselves 'flexitarians', i.e. they follow a predominantly plant-based diet, to which they add animal-derived products occasionally. 59% say they have reduced their meat consumption, 62% would like measures to be taken to facilitate the transition to a more plant-based diet and to support farmers in the production of raw materials for the sector, 35% still see the final price as a barrier.

