"The Rise of Plant-Based Beverages: Analyzing the Market and its Impact on the Beverage Industry"


Posted August 1, 2023 by Rutuja123

The global Plant-Based Food Market report is a comprehensive analysis of the industry, market, and key players.
 
Global Global Plant-Based Food & Beverage Market size is expected to reach nearly US$ 120.05 Bn by 2029 with the CAGR of 10.64% during the forecast period.

Global Plant-Based Food & Beverage 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:

The market is broken down into four categories based on product type: confection, plant-based eggs, meat substitutes, and dairy substitutes. Dairy substitutes are further broken down into the following categories: Plant-Based Milk, Ice Cream, Creamer, Yoghurt, Butter, Cheese, and Others. The rise of lactose intolerance and the decline in animal slaughter are driving demand for plant-based foods. Plant-based milk is well-liked by consumers and is expected to hold the biggest market share for dairy products in the sub-segments. Due to the high caloric content of animal milk, the prevalence of lactose sensitivities, and the high calorie level of animal milk, plant-based milk is largely welcomed by consumers.

Global Plant-Based Food & Beverage Market By Product Type, 2022-2029
Dairy Alternatives
Meat Substitute
Plant-Based Eggs
Confectionery

Global Plant-Based Food & Beverage Market By Source, 2022-2029
Soy Protein
Almond Protein
Wheat Protein
Pea Protein
Rice Protein

Global Plant-Based Food & Beverage Market By Distribution Channel, 2022-2029
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.



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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Tags global plantbased food beverage market , global plantbased food beverage market size , global plantbased food beverage market analysis
Last Updated August 1, 2023