According to a new market research report launched by Inkwood Research, the Global Plant-Based Food and Beverage Market is growing at a CAGR of 9.29% between 2021 and 2028 and is expected to reach $95.41 billion by 2028
Browse 53 market data Tables and 46 Figures spread over 224 Pages, along with in-depth analysis on Global Plant-Based Food and Beverage Market by Product Type, Source, Distribution Channels & by Geography
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Plant-Based Food and Beverage Market Scenario
The trend of plant-based food and beverages is escalating globally, owing to increased awareness about health, food safety, and sustainability concerns. Also, more and more individuals are adopting flexitarian or vegetarian diets in response to considerations regarding the ecological footprint of animal welfare and overall wellbeing.
The rise of vegan culture, increased awareness about lactose intolerance, and nutritional benefits of plant-based products are some of the key drivers contributing to the growth of the global plant-based food and beverages market. With cutting-edge advancements in technologies and manufacturing plants, this industry is anticipated to grow at an accelerated pace.
Manufacturers are finding innovative technological solutions to form plant-based merchandise to confirm the continuing growth of the segment. However, high prices is one of the key restraints faced by the players, thereby affecting the overall development of the market.
The Global Plant-Based Food and Beverage Market report provides data tables and includes charts and graphs for visual analysis.
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Market by Product Type
- Plant-Based Meat
- Plant-Based Dairy
- Plant-Based Other Products
Market by Source
- Other Sources
Market by Distribution Channels
- Convenience Stores
- Specialty Stores
- Online Retail
- Other Distribution Channels
– The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
– Market forecasts till 2028, using estimated market values as the base numbers
– Key market trends across the business segments, regions, and countries
– Key developments and strategies observed in the market
– Market dynamics such as drivers, restraints, opportunities, and other trends
– In-depth company profiles of key players and upcoming prominent players
– Growth prospects among the emerging nations through 2028
- THE HAIN CELESTIAL GROUP INC
- SWEET EARTH INC
- DANONE SA
- CONAGRA BRANDS
- MOVING MOUNTAINS
- IMPOSSIBLE FOODS INC
- DAIYA FOODS INC.
- BEYOND MEAT INC
- CALIFIA FARMS
- YOFIX PROBIOTICS
- FIELD ROAST GRAIN MEAT CO INC
- MORNINGSTAR FARMS
- BLUE DIAMOND GROWERS
- AMY’S KITCHEN
- KIKKOMAN CORPORATION
- PACIFIC FOODS OF OREGON
- QUORN FOODS
GLOBAL FERMENTED FOODS & INGREDIENTS MARKET – Global fermented food and ingredients market is expected to grow at a CAGR of 4.93% during the forecast period.
GLOBAL KOMBUCHA MARKET – Global kombucha market is growing with a CAGR of 21.82% during the forecast period.
GLOBAL HEMP MILK MARKET – Global hemp milk market will grow with a projected CAGR of 14.28% during the forecast period.
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