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The global vegan cheese market is expected to grow at a compound annual rate of about 10% and reach a market value of about $7 billion by 2030, according to a 2022 Food Institute report.
ADM and Benson Hill, Inc. have entered a long-term strategic partnership to scale innovative soy ingredients to help meet the rapidly growing demand for plant-based proteins and serve a variety of plant-based food and beverage markets to meet savory, sweet and dairy customer needs, the companies announced Aug. 8.