The Global Plant-Based Food & Beverages Alternatives Market is forecasted to be worth USD 32.29 billion by 2027, according to a current analysis by Emergen Research. The Global Plant-Based Food & Beverages Alternatives Market Report offers extensive knowledge and information about the Plant-Based Food & Beverages Alternatives market pertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends. These facts and figures help readers evaluate the global market growth, production, and consumption rates, volatility in demand and product prices, and upcoming market trends over the projected period. The key factors influencing the market include growing demands for a plant-based meat & dairy alternatives amongst the lactose intolerants & other patients associated with ailments that forbid the ingestion of meat.
Besides, a higher growth in the vegan population, rising concerns with the weight management, higher emphasis on weight loss have been some of the additional reasons behind the colossal growth of the market. The report is formulated with the updated and latest information of the global Plant-Based Food & Beverages Alternatives market further validated and verified by the industry experts and professionals. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. Some of the plant-based milk have been very effective on enhancing antioxidant degree, providing exceptionally low sugar & calorie content, working as an efficient source of calcium for the bones & providing high bone density, digestive health & weight management
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Key players in the market Blue Diamond Growers Inc., Before the Butcher LLC, Califia Farms LP, Daiya Foods Inc., Field Roast Grain Meat Co. Inc., Impossible Foods Inc., Amy’s Kitchen, Boca Foods Co., ConAgra Brands Inc., and Danone S.A., among others.
The latest research report by Emergen research, named ‘Global Plant-Based Food & Beverages Alternatives Market – Forecast to 2027’, entails a comprehensive review of the global Plant-Based Food & Beverages Alternatives market’s present and future trends. The global market landscape of Plant-Based Food & Beverages Alternatives is expected to remain in a very competitive and highly fragmented landscape consisting of a number of both the small start-ups, medium enterprises, and large conglomerates. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market. The pandemic has led to some devastating effects on the global economy, besides disrupting the functioning of the Plant-Based Food & Beverages Alternatives industry.
Further key findings from the report suggest
- In October 2019, Blue Diamond Growers Inc., a US-based co-operative announced the launch of a new beverage portfolio comprising the Almond extract and named it Almond Breeze Almond milk in the Mexican Hot Chocolate flavor.
- Plant-Based Dairy, being the most used plant-based alternatives and having a large number of uses cases in food & beverages, take up the is expected to lead in the forthcoming years. The Plant-Based Dairy sub-segment in Product Type segment had 65.7% market share in the year 2019. Different studies suggest that many of the plant-based milks are capable of providing non-GMO and a glutton-free diets with additional vitamin source to help create a higher rate of fat-soluble antioxidant and also works fine for the vegan diet lifestyles.
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Additionally, the report provides an extensive analysis of the Plant-Based Food & Beverages Alternatives market, including key data, such as factors influencing the growth of the market, buyers and vendors, production and consumption, and revenue. Furthermore, the report provides a comprehensive overview of the Plant-Based Food & Beverages Alternatives market along with product portfolio and market performance. The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns. To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence.
For the purpose of this report, Emergen Research has segmented into the global Plant-Based Food & Beverages Market on the basis of Product Type, Source, Distribution Channel, and Region:
- Product Type Outlook (Revenue: USD Billion; Volume: Million MT; 2017-2027)
- Plant-Based Dairy
- Plant-Based Milk
- Plant-Based Cheese
- Plant-Based Creamers
- Plant-Based Butter
- Plant-Based Yogurt
- Plant-Based Meat
- Others
- Source Outlook (Revenue: USD Billion; Volume: Million MT; 2017-2027)
- Soy
- Wheat
- Almond
- Corn
- Others
- Distribution Channel Outlook (Revenue: USD Billion; Volume: Million MT; 2017-2027)
- Supermarkets/Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Stores
- Others
The report aims to deliver a comprehensive understanding of the Plant-Based Food & Beverages Alternatives market growth and expansion in each key region of the world. It offers accurate estimations about the expected market size and growth over the projected timeline of 2020-2027.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Report Highlights:
- The report scrutinizes the salient factors influencing the growth of the market in the near future.
- Besides offering a vivid depiction of the global Plant-Based Food & Beverages Alternatives business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
- The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2020-2027)
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Plant-Based Food & Beverage Alternatives Market Segmentation & Impact Analysis
4.1. Plant-Based Food & Beverage Alternatives Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing emphasis on cereal based milk & meat
4.2.2.2. Rising vegan diets & population
4.2.2.3. Higher health benefits associated with plant-based F&B
4.2.3. Market restraints analysis
4.2.3.1. Regulatory hurdles & higher cost associated to it
4.2.3.2. Inefficient research methodologies
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Plant-Based Food & Beverage Alternatives Market By Product Type Insights & Trends, Revenue (USD Billion) (Million MT)
5.1. Product Type Dynamics & Market Share, 2019 & 2027
5.1.1. Plant-Based Dairy
5.1.1.1. Plant-Based Milk
5.1.1.2. Plant-Based Cheese
5.1.1.3. Plant-Based Creamers
5.1.1.4. Plant-Based Butter
5.1.1.5. Plant-Based Yogurt
5.1.2. Plant-Based Meat
5.1.3. Others
Continue…
Research Report on the Plant-Based Food & Beverages Alternatives Market Addresses the Following Key Questions:
- Who are the dominant players of the Plant-Based Food & Beverages Alternatives market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Plant-Based Food & Beverages Alternatives market?
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