Plant-based seafood is a small but growing part of the market, including the first frozen vegan sushi and onigiri from Konscious Foods, a brand founded by the same entrepreneur who launched the meat-free burger brand Gardein. In the plant-based meat category, burgers are the most popular, but manufacturers are introducing more sausage links and patties and chicken nuggets, tenders, and cutlets, according to the GFI. Sales of plant-based foods grew three times faster than foods overall, according to data released in March 2022 and reported by the Good Food Institute (GFI) (PDF). As a result, interest in healthy alternatives is high. A report in Progressive Grocer says that 27 percent of people are choosing to consume less meat. Speaking of meat, you’re likely to see even less of it come the new year. “I definitely think people are going to be watching where they place their food dollars more closely.” Inexpensive protein sources, like tinned fish and canned beans and legumes, could become more popular, while more expensive cuts of meat might take a back seat. “A lot of people, especially people with larger families, are going to have to look for affordable options in order to stay on budget,” says Kennedy. It also means looking for ways to save on groceries. That means more people saving money by preparing their own meals at home, given that eating out costs more than 3 times as much, on average, according to The NPD Group, a market research firm. While food prices won’t grow at the staggering rate they did in 2022 - which was as much as 12 percent - they will continue to rise above historical average rates, according to data from the U.S.
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