The global plant-based food market which was USD 17,963.65 million in 2022, is expected to reach USD 112,033.72 million by 2030, and is expected to undergo a CAGR of 25.7% during the forecast period 2023-2030.
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Plant-Based Food Market Analysis and Size
Veganism is an environmentally conscious, low-carbon lifestyle that is here to stay for a long time. The global market and its expansion are the best instances of this. The world has been looking for new and different foods to eat, and this has reflected in the growth of the global plant-based food market. We have always eaten plants and their products as food as humans. On the other hand, plant-based foods are a more refined version of plant products marketed for commercial use.
Data Bridge Market Research analyses that the global plant-based food market which was USD 17,963.65 million in 2022, is expected to reach USD 112,033.72 million by 2030, and is expected to undergo a CAGR of 25.7% during the forecast period 2023-2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Global Plant-Based Food Market Scope
The global plant-based food market is segmented on the basis of product type, category and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Non-Dairy Milk
- Dairy Products
- Bakery and Confectionery
- Sweet and Savoury Snacks
- RTE and RTC Meals
- Others
Category
- Organic
- Conventional
Distribution Channel
- Store based
- Non store based
Global Plant-Based Food Market Regional Analysis/Insights
The global plant-based food market is analysed and market size insights and trends are provided by country, product type, category and distribution channel as referenced above.
The countries covered in the global plant-based food market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Competitive Landscape and Global Plant-Based Food Market Share Analysis
The global plant-based food market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global plant-based food market.
Some of the major players operating in the global plant-based food market are:
- Bayer AG (Germany)
- Abbott (U.S.)
- DSM (Netherlands)
- DuPont. (U.S.)
- Amway (U.S.)
- The Nature's Bounty Co. (U.S.)
- GSK plc. (U.K.)
- Nestlé SA (Switzerland)
- RiceBran Technologies (U.S.)
- Mead Johnson & Company, LLC. (U.S.)
- Medifast, Inc. (U.S.)
- Premier Nutrition Corporation (U.S.)
- TOOTSI IMPEX Inc. (Canada)
- U.S. Spice Mills, Inc. (U.S.)
- Health Food Manufacturers' Association (U.K.)
- NOW Foods (U.S.)
- Glanbia PLC (Ireland)
- Herbalife International of America, Inc. (U.S.)
- Bionova (India)
- Ferrero International S.A. (Italy)
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Plant-Based Food Market
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