Plant-Based Food & Beverage Market Opportunities Assessment, Industry Share, Business Size & Growth 2029


Posted September 14, 2023 by chetanag

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.

 
Plant-Based Food Market Overview

The Plant-Based Food Market is witnessing significant transformations, driven by technological advancements and evolving consumer preferences. In this ever-changing landscape, our market overview offers a valuable resource for businesses to make informed decisions and seize emerging opportunities.

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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.

Plant-Based Food Market Report Scope and Research Methodology

The Plant-Based Food market report provides a comprehensive estimation of market sizes and segments, considering qualitative and quantitative aspects. report provides a detailed estimation of market sizes and segments, incorporating qualitative and quantitative aspects. We explore the drivers, challenges, and investment opportunities to empower stakeholders with valuable insights. The report also analyzes major companies' competitiveness, products, and regional markets, utilizing primary and secondary research to foster higher growth in the Plant-Based Food market.

Plant-Based Food Market Segmentation

By Type, The market for plant-based foods is anticipated to be dominated by the sector of dairy substitutes. The market for dairy substitutes is divided into categories for milk, cheese, yoghurt, butter, ice cream, creamer, and others. The dairy alternatives market is anticipated to be dominated by the milk segment in 2021. Soy milk, Quinoa milk, Coconut milk, Cow's milk, Multigrain Milk, and Hemp Milk are the different types of milk. Dairy milk is a very popular source of dietary calcium as well as a rich source of protein. These nutrients can be found in many different plant-based diets.

The market for plant-based foods is predicted to be dominated by the soy segment by source type. Foods containing soy can provide major health benefits as well as valuable nutrition to plant-based diets including flexitarian, vegetarian, and vegan ones. They can provide as significant supplies of iron, calcium, potassium, fibre, vital fatty acids, and protein. Soy meals offer dietary components such flavones, which are present in other plant foods in minimal amounts, in addition to their rich nutrient profile.

The retail seal for plant-based foods is twice as quick, by distribution channel, as the total food seal. Recent figures from the Good Food Institute and the Plant-Based Food Association reveal that retail sales of plant-based food are still rising, up 6.2% in 2021 over a record-breaking year in growth in 2020. the increase in plant-based diets because of its benefits for both human and environmental health. By collaborating with brands throughout the store to enhance space, variety, and accessibility to plant-based meals, retailers and foodservice providers are meeting consumers where they are.

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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Plant-Based Food Market Regional Insights

The report offers a comprehensive analysis encompassing all factors, such as market size, growth rate, and import-export activities across diverse regions. Through regional analysis, we present a detailed examination of the current status of the Plant-Based Food market in various countries.

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

Key questions answered in the Plant-Based Food Market are:

What is Plant-Based Food?
What was the Plant-Based Food market size in 2022?
What is the growth rate of the Plant-Based Food Market?
Which are the factors expected to drive the Plant-Based Food market growth?
What are the different segments of the Plant-Based Food Market?
What growth strategies are the players considering to increase their presence in Plant-Based Food?
What are the upcoming industry applications and trends for the Plant-Based Food Market?
What major challenges could the Plant-Based Food Market face in the future?
What segments are covered in the Plant-Based Food Market?
Who are the leading companies and what are their portfolios in Plant-Based Food Market?
What segments are covered in the Plant-Based Food Market?
Who are the key players in the Plant-Based Food market?
Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Issued By chetanag
Country India
Categories Business
Tags plantbased food beverage market
Last Updated September 14, 2023