{"id":83266,"date":"2021-01-05T06:59:19","date_gmt":"2021-01-05T05:59:19","guid":{"rendered":"http:\/\/rss.nova-institut.net\/public.php?url=https%3A%2F%2Fwww.biofuelsdigest.com%2Fbdigest%2F2020%2F12%2F14%2Fconsumers-want-plant-based-products-but-more-education-needed%2F"},"modified":"2021-01-03T15:12:07","modified_gmt":"2021-01-03T14:12:07","slug":"new-research-reveals-massive-market-potential-exists-for-plant-based-products-and-packaging","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/new-research-reveals-massive-market-potential-exists-for-plant-based-products-and-packaging\/","title":{"rendered":"New Research Reveals Massive Market Potential Exists for Plant-Based Products and Packaging"},"content":{"rendered":"<p><strong>New research out today from the <a href=\"https:\/\/pbpc.com\/\" target=\"_blank\">Plant Based Products Council (PBPC)<\/a> shows the majority of U.S. consumers are receptive to plant based products and packaging, with 54% viewing them favorably and 59% expressing interest. According to the report, the potential market size for plant-based products is estimated to be over 136 million U.S. consumers.<\/strong><\/p>\n<div class=\"BorlabsCookie _brlbs-cb-vimeo\"><div class=\"_brlbs-content-blocker\"> <div class=\"_brlbs-embed _brlbs-video-vimeo\"> <img class=\"_brlbs-thumbnail\" src=\"https:\/\/renewable-carbon.eu\/news\/wp-content\/plugins\/borlabs-cookie\/assets\/images\/cb-no-thumbnail.png\" alt=\"Vimeo\"> <div class=\"_brlbs-caption\"> <p>By loading the video, you agree to Vimeo's privacy policy.<br><a href=\"https:\/\/vimeo.com\/privacy\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Learn more<\/a><\/p> <p><a class=\"_brlbs-btn _brlbs-icon-play-white\" href=\"#\" data-borlabs-cookie-unblock role=\"button\">Load video<\/a><\/p> <p><label><input type=\"checkbox\" name=\"unblockAll\" value=\"1\" checked> <small>Always unblock Vimeo<\/small><\/label><\/p> <\/div> <\/div> <\/div><div class=\"borlabs-hide\" data-borlabs-cookie-type=\"content-blocker\" data-borlabs-cookie-id=\"vimeo\"><script type=\"text\/template\">PHA+PGlmcmFtZSBsb2FkaW5nPSJsYXp5IiB0aXRsZT0idmltZW8tcGxheWVyIiBzcmM9Imh0dHBzOi8vcGxheWVyLnZpbWVvLmNvbS92aWRlby80ODk5ODgyMTgiIHdpZHRoPSI1NjMiIGhlaWdodD0iMzE3IiBmcmFtZWJvcmRlcj0iMCIgYWxsb3dmdWxsc2NyZWVuPSJhbGxvd2Z1bGxzY3JlZW4iPjwvaWZyYW1lPjwvcD4=<\/script><\/div><\/div>\n<p>\u201cThere is clear consumer desire to support and promote innovation in the plant-based products and packaging arena,\u201d said Jessica Bowman, Executive Director of the Plant Based Products Council. \u201cPBPC and our members stand ready to embrace the opportunity to educate consumers on the many benefits of plant-based products as we work to guide the global economy toward more sustainable and responsible consumer products and packaging.\u201d<\/p>\n<p>In addition to being receptive, more than half (54 percent) of U.S. consumers are likely to purchase plant-based products in the next three months, with just less than half (49 percent) also self-reporting as likely to recommend these products to others.<br \/>\nplant-based product awareness is low<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright  wp-image-83282\" src=\"https:\/\/renewable-carbon.eu\/news\/wp-content\/uploads\/2020\/12\/1in5consumers-300x170.png\" alt=\"1in5consumers\" width=\"229\" height=\"130\" srcset=\"https:\/\/renewable-carbon.eu\/news\/media\/2020\/12\/1in5consumers-300x170.png 300w, https:\/\/renewable-carbon.eu\/news\/media\/2020\/12\/1in5consumers-600x340.png 600w, https:\/\/renewable-carbon.eu\/news\/media\/2020\/12\/1in5consumers.png 732w\" sizes=\"auto, (max-width: 229px) 100vw, 229px\" \/>The data showed significant untapped market potential with only 1 in 5 (22 percent) reporting strong familiarity with plant-based products and packaging. Additionally, when consumers see plant-based products and packaging, the first things that come to mind for them are paper and food, followed less commonly by clothing, bags, boxes, and containers. This awareness gap signifies an opportunity for consumer education not only to grow familiarity, but to increase awareness of the positive impact plant-based products and materials have on the environment.<\/p>\n<p>\u201cPBPC works every day to educate key stakeholders and advocate for policies that encourage growth and innovation in the plant-based industry,\u201d added Jessica Bowman.<\/p>\n<h3>Methodology:<\/h3>\n<p>The <a href=\"https:\/\/cdn.ymaws.com\/pbpc.site-ym.com\/resource\/resmgr\/pbpc_consumerresearch_public.pdf\" target=\"_blank\">2020 PBPC Consumer Research study<\/a> was conducted by Heart+Mind Strategies and included both a quantitative and qualitative component. A nationally representative sample of 1,000 U.S. consumers responded to an online survey fielded from June 12-17, 2020. Additionally, a nationally representative sample of 20 U.S. consumers participated in 90-minute online focus groups in August 2020.<\/p>\n<h3>View the Results<\/h3>\n<p>View the public <a href=\"https:\/\/cdn.ymaws.com\/pbpc.site-ym.com\/resource\/resmgr\/pbpc_consumerresearch_public.pdf\" target=\"_blank\">results of the research study here.<\/a> The full results of the study are accessible only to PBPC members. For more information about PBPC membership, please reach out directly to <a href=\"mailto:bethany@pbpc.com\" target=\"_blank\">bethany@pbpc.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New research out today from the Plant Based Products Council (PBPC) shows the majority of U.S. consumers are receptive to plant based products and packaging, with 54% viewing them favorably and 59% expressing interest. According to the report, the potential market size for plant-based products is estimated to be over 136 million U.S. consumers. By [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","nova_meta_subtitle":"","footnotes":""},"categories":[5572],"tags":[16380,6406,14859],"supplier":[15611],"class_list":["post-83266","post","type-post","status-publish","format-standard","hentry","category-bio-based","tag-biobased","tag-environment","tag-plantbased","supplier-plant-based-products-council-pbpc"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/83266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=83266"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/83266\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=83266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=83266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=83266"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=83266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}