Plant-Based Food Market Overview
The “Plant-Based Food Market” report provides an in-depth analysis that is required to make informed industry decisions and develop strategic growth plans. Regardless of the production method or cost structures, the Plant-Based Food market report provides a full understanding of advanced tactics and plans.
Plant-Based Food Market Value :
Plant-Based Food Market size was valued at US$ 37.49 Bn. in 2021 and the total revenue is expected to grow at 12.4 % through 2022 to 2029, reaching nearly US$ 95.52 Bn.
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Plant-Based Food Market Report Scope and Research Methodology
The report offers an extensive examination of top players’ strategies within the Plant-Based Food industry, coupled with an in-depth analysis of market segments and regional dynamics. In-depth insights into market dynamics, encompassing drivers, restraints, opportunities, and challenges, are provided both on a regional and segmental basis within the Plant-Based Food Market report. Additionally, the report presents import/export consumption, supply and demand, pricing, costs, revenue, and gross margins data, serving as an invaluable guide for investors.
The data for the Plant-Based Food Market report was meticulously gathered through a combination of primary and secondary research methods, ensuring its authenticity. Primary research methods employed encompassed questionnaire distribution, surveys, and phone interviews with Plant-Based Food industry experts, market leaders, marketing professionals, and entrepreneurs. The report’s estimations of global and regional Plant-Based Food market size were derived using a bottom-up approach. Furthermore, the strengths and weaknesses of Plant-Based Food key players within the industry are outlined using SWOT analysis.
Plant-Based Food Market Regional Insights
The report delves into the Plant-Based Food business in great depth, segmenting it into numerous locations. North America, South America, Europe, Asia Pacific (APAC), Africa, and the Middle East are evaluated by region and country in the study. In the Plant-Based Food market report, regional markets are thoroughly investigated in order to uncover regional market trends, restrictions, and possible prospects.
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Plant-Based Food Market Segmentation
by Type
• Dairy Substitute
• Meat Substitute
• Egg Substitute
• Seafood Substitute
• Others
Sorted The market for plant-based foods is anticipated to be dominated by the dairy substitutes category. The market for dairy substitutes is divided into categories such as ice cream, yogurt, cheese, butter, milk, and others. The market for dairy substitutes is anticipated to be dominated by the milk category in 2021. There are several types of milk: hemp milk, soy milk, coconut milk, quinoa milk, cow’s milk, and multigrain milk. In addition to being a typical source of dietary calcium, dairy milk provides a rich source of protein. These nutrients are present in a lot of other plant-based diets.
by Source
• Soybean
• Nuts
• Wheat
• Pea
• Others
According to Source type, the market for plant-based foods is anticipated to be dominated by the soy sector. In addition to offering significant health advantages, soy products can provide essential nourishment to plant-based diets like flexitarian, vegetarian, and vegan diets. Iron, calcium, potassium, fiber, and vital fats can all be found in them in significant amounts. Soy foods offer more than just a diverse range of nutrients; they also contain nutritional components like flavones, which are present in very little amounts in other plant meals.Soybeans and soy-based meals can enhance bone health and lower the risk of a number of illnesses, such as heart disease, stroke, coronary heart disease (CHD), and certain malignancies. Approximately four servings of soy products per day combined with a low can lower our LDL (bad) cholesterol by approximately 3-4% when it comes to saturated fat and cholesterol.
by distribution channel
• Food retail
• Food services
• E-commerce
The retail seal of plant-based food is twice as quick as the overall food seal when it comes to distribution channels. Retail seal plant-based food is expected to expand 6.2% in 2021 over a record-breaking year of growth in 2020, according to new data from the Plant-Based Food Association and Good Food Institute. the increase in plant-based diets because of its benefits to global and individual health. By partnering with brands throughout the whole store, retailers and foodservice providers are meeting consumers where they are, creating more space, offering a wider selection, and making it simpler than ever to locate and buy plant-based meals. These projects have the potential to have far-reaching effects beyond the retail shelf. By being sensitive to customer concerns, the sector is accepting its position as a major force behind change that brings us one step closer to a safe and sustainable food system.
Plant-Based Food Market Key Players
• Beyond Meat (US)
• Kellogg Company (US)
• Impossible Foods Inc. (US)
• Maple Leaf Foods (Canada)
• Unilever (UK)
• Conagra Foods (US)
• Tofurky (US)
• Gold&Green Foods Ltd (Finland)
• Sunfed (New Zealand)
• Monde Nissin (Philippines)
• Planterra Foods (US)
• FazendoFuturo (Brazil)
• Alpha Foods (US)
• Tomorrow Foods (Argentina)
• Before the Butcher (US)
• Good Dot (India)
• VBites Foods Ltd. (UK)
• No Evil Foods (US)
• Vezlay Foods (India)
• Let’s Plant Meat (Thailand)
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Table of Content: Plant-Based Food Market
Part 01: Executive Summary
Part 02: Scope of the Plant-Based Food Market Report
Part 03: Global Plant-Based Food Market Landscape
Part 04: Global Plant-Based Food Market Sizing
Part 05: Global Plant-Based Food Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Key Offerings:
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- A detailed Market Overview
- Market Share, Size & Forecast by Revenue
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments and sub-segments
- Regional Insights
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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