"A strong research methodology used in the widespread  Plant-Based Food Market report consists of data models that include market overview and guide, vendor positioning grid, market time line analysis, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. In this report, a methodical SWOT analysis & investment analysis is performed which forecasts forthcoming opportunities for the market players. With the efficient use of technology, innovative applications and expertise, Plant-Based Food Market research report is structured which successfully manages large and complex market data tables. Businesses can thrive in this swiftly changing marketplace by adopting such market report.

The persuasive Plant-Based Food Market report helps effortlessly figure out brand awareness and perception of the brand and product among potential customers of the Plant-Based Food Market industry. Few aspects are kept into view while formulating this global market report and include the market type, organization size, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. The report estimates 2023-2030 market development trends for Plant-Based Food Market industry. Plant-Based Food Market analysis report puts on view significant product developments and tracks recent acquisitions, mergers and research in the Plant-Based Food Market industry by the key players.

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.

Explore Further Details about This Research Plant-Based Food Market Report https://www.databridgemarketresearch.com/reports/global-plant-based-food-market

Plant-Based Food Market Scope and Segmentation

REPORT METRIC

DETAILS

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Product Type (Non-Dairy Milk and Dairy Products, Bakery and Confectionery, Sweet and Savoury Snacks, RTE and RTC Meals, and Others), Category (Organic and Conventional), Distribution Channel (Store-Based and Non Store Based)

Countries Covered

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

Market Players Covered

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 (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.), and Bionova (India)

Market Opportunities
  • The extensive properties of plant based foods high-quality
  • The vast majority of the world's population will remain lactose intolerant
  • Sustainable living movement, which advocates for climate- and animal-safe foods
Get Exclusive Sample Copy of this Report Here

Market Definition

Plant-based food refers to a variety of food products made from natural plant ingredients. These products are typically made from fruits, vegetables, nuts, oils, whole grains, and legumes, with no animal-derived ingredients such as meat, milk, or eggs. Tofu, coconut and almond milk, tempeh, and seitan are examples of popular plant-based foods. A diet rich in vitamins B1, C, and E, folic acid, magnesium, and iron, as well as low in cholesterol and saturated fats, is recommended.

Global Plant-Based Food Market Dynamics

Drivers

     Rising prevalence of chronic lifestyle diseases and intolerance to animal protein

One of the key factors driving market growth is the rising prevalence of chronic lifestyle diseases and intolerance to animal protein. Furthermore, the widespread adoption of vegan eating habits around the world is propelling market growth. With rising consumer awareness of animal health and the prevention of cruelty to animals in the food industry, there is a shift in global preference for plant-based food products. As a result, the market has a more positive outlook.

  • Rise in Social Media Marketing

Furthermore, the development of novel products, such as plant-based milk, eggs, and meat, is stimulating growth. These products are high in essential nutrients and taste almost identical to their animal-derived counterparts. Other factors, such as extensive promotional activities by celebrities and athletes to encourage the consumption of vegetarian products in order to maintain a healthy lifestyle and the ease of product availability via proliferating online retail channels, are expected to drive the market even further.​​​​​​​

Opportunity

  • Rising number of lactose intolerance people

Lactose intolerance is one of the most recent opportunities for a global market. The vast majority of the world's population will remain lactose intolerant. This segment of the global population will always require a lactose-free alternative, which the plant-based food industry can provide. Another possibility is the sustainable living movement, which advocates for climate- and animal-safe foods. As people make more environmentally conscious choices to reduce their domestic carbon footprint, the global market is paying close attention to an excellent opportunity for plant-based food market.

The investment made in the study would provide you access to information such as:

  •   Plant-Based Food Market [Global Plant-Based Food Market – Broken-down into regions]
  • Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
  • Country wise Market Size Split [of important countries with major Plant-Based Food Market share]
  • Market Share and Revenue/Sales by leading players
  • Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter's Five Forces, etc.
  • Market Size)
  • Market Size by application/industry verticals
  • Market Projections/Forecast

Why choose Data Bridge Market Research?

  • Modern technologies, such as artificial intelligence, to provide updated industry growth.
  • DBMR team provides clients with the top notch Plant-Based Food Market research report.
  • Interaction with research scientists and development heads to understand the nature of the Plant-Based Food Market more precisely.
  • 24/7 availability of services.
  • Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.

DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Plant-Based Food Market size

Browse Related Reports:  

Aquafeed Binders Market by Size, Share, Forecast, & Trends

Chewing Gum Market Size Report- Industry Growth Analysis

Blockchain in Cold Chain Market Size, Industry Share Forecast

Surgical Instruments Packaging Market Size, Share, Growth | Opportunities,

Liquid Filling Machines Market Size, Share Analysis Report

Graft Copolymerized Starches Market Size, Share, Growth Analysis

Animation Collectibles Market Size, Share, Growth

Off Site Oil Condition Monitoring Market Demand,Size ,Share, Industry

Accelerometer Based Digital pen Market Size, Analysis and Forecast

Precision Agriculture Market Size, Share, Trends & Forecast

 

About Data Bridge Market Research:

 US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email – corporatesales@databridgemarketresearch.com

"