Global Plant-Based Food & Beverage Market was valued at US$ 6.46 Bn in 2022. The Global Plant-Based Food & Beverage Market size is estimated to grow at a CAGR of 18% over the forecast period.
Market Overview:
The primary goal of this research is to assist the user in understanding the Global Plant-Based Food & Beverage market in terms of definition, segmentation, market potential, significant trends, and the problems that the Global Plant-Based Food & Beverage industry faces in key regions and nations. The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
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Market Scope:
The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
Segmentation:
By Source Soy Protein, Almond Protein, Wheat Protein, Pea Protein, and Rice Protein. The Segment pea protein is dominating in the source segment of plant-based food and is anticipated to grow with the highest CAGR in the forecast period. As the consumers are more diverted towards plant-based protein source as pea protein offer better muscle growth and are free from harmful cholesterols. Pea proteins are easily digested and extracted from yellow peas. Pea protein is available in powder form in higher quality.
By Product Type Dairy Alternatives
Meat Substitute
Plant-Based Eggs
Confectionery
By Source
Soy Protein
Almond Protein
Wheat Protein
Pea Protein
Rice Protein
By Distribution Channel
B2B
B2C
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Key Players: The study discusses the key market players who are engaged in the industry, such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors, and so on. The key players in the Global Plant-Based Food & Beverage market are
1. Beyond Meat Inc. (U.S.)
2. Impossible Foods Inc. (U.S.)
3. Danone SA (France)
4. Garden Protein International, Inc. (Canada)
5. Amy’s Kitchen Inc. (U.S.)
6. Follow Your Heart (U.S.)
7. The Hain Celestial Group, Inc. (U.S.)
8. Sahmyook Foods (South Korea)
9. Sanitarium Health and Wellbeing Company (Australia)
10.Axiom Foods (U.S.)
11.Daiya Foods Inc. (Canada)
12.Earth's Own Food Company Inc. (Canada)
13.Lightlife Foods, Inc. (U.S.)
14.Marlow Foods Ltd. (U.K.)
15.Taifun –Tofu GmbH (Germany)
16.Atlantic Natural Foods LLC (U.S.)
17.VBIte Food Ltd (U.K.)
18.Nutrisoy Pty Ltd. (Australia)
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Regional Analysis:
The report focuses on Global Regions and Market Size of Global Plant-Based Food & Beverage , and development forecast 2021-2027, including industries, major players, suppliers worldwide, and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.
COVID-19 Impact Analysis on Global Plant-Based Food & Beverage Market:
The report discusses the impact of COVID-19: Since the breakout of the COVID-19 virus in December 2019, the disease has spread to practically every country on the planet, prompting the WHO to declare it a public health crisis. The worldwide effects of the coronavirus epidemic are already being noticed, and they will have a considerable influence on the Global Plant-Based Food & Beverage industry in 2021.
See also Immunocytokines Market: Revolutionizing Industries with Disruptive Growth Strategies
Key Questions answered in the Global Plant-Based Food & Beverage Market Report are:
- What is the function of Global Plant-Based Food & Beverage ?
- What is the predicted revenue generation of the Global Plant-Based Food & Beverage market?
- At what growth rate is the Global Plant-Based Food & Beverage market evolving?
- Who are the major market giants operating in the Global Plant-Based Food & Beverage market?
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