Frozen Plant-Based Foods Set To Double in Value by 2034 - vegconomist - the vegan business magazine

Frozen Plant-Based Foods Market Growth

The frozen aisle is emerging as a dynamic growth engine for the plant-based sector, with the global plant-based frozen food market expected to more than double in value by 2034.

New data indicates that the market will climb from around $5 billion in 2024 to over $12 billion by 2034, reflecting the wider transformation of the plant-based industry, now valued at $44.3 billion and forecast to reach $123.1 billion by 2031.

The category's rise is being powered by a shift in consumer priorities, with shoppers seeking not only ethical alternatives but also smart convenience.

Today’s shoppers are not just looking for ethical alternatives; they’re looking for smart convenience.

The plant-based industry is undergoing significant growth, driven by changing consumer demands.

Author's summary: Plant-based frozen foods to double in value by 2034.

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vegconomist vegconomist — 2025-10-28

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