Plant Based Food (Dairy Alternatives, Meat Substitute, Plant-Based Eggs, Confectionery) Market - Global Forecast to 2027 - ResearchAndMarkets.com
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Plant Based mostly Meals (Dairy Options, Meat Substitute, Plant-Based mostly Eggs, Confectionery) Market – International Forecast to 2027

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The “Plant Based mostly Meals Market by Product Sort (Dairy Options, Meat Substitute, Plant-Based mostly Eggs, Confectionery), Supply (Soy Protein, Wheat Protein), and Distribution Channel (Enterprise to Enterprise and Enterprise to Prospects) – International Forecast to 2027” report has been added to ResearchAndMarkets.com’s providing.

The plant-based meals market is predicted to develop at a CAGR of 11.9% from 2020 to 2027 to achieve $74.2 billion by 2027.

The expansion of this market is principally attributed to the components resembling growing incidence of intolerance for animal protein, rising urbanization with new shopper aspirations, growing vegan inhabitants, and important enterprise investments on this sector. Nonetheless, the comparatively increased worth vary of a number of the meat substitutes, important desire for animal-based merchandise, and shopper desire for soy and gluten free merchandise are anticipated to hinder the expansion of this market to some extent.

Based mostly on product kind, the dairy options phase is estimated to dominate the general plant-based merchandise market in 2020, and can also be anticipated to proceed its dominance through the forecast interval. The dominant place of this phase is principally attributed to the components resembling elevated variety of lactose-intolerant folks, rising consciousness on moral issues about animal abuse in trendy dairy farming practices, and dietary advantages provided by plant primarily based dairy merchandise. Nonetheless, the plant-based eggs/egg substitute phase is predicted to develop on the quickest CAGR through the forecast interval.

Based mostly on supply, the soy protein phase is estimated to command the most important share of the general plant-based merchandise market in 2020. Components resembling simple availability and value effectiveness compared to different sources of protein, elevated demand in meat protein options, and wider-application base in lots of plant-based merchandise classes are answerable for the main share of this phase. Nonetheless, the pea protein phase is predicted to develop on the quickest CAGR through the forecast interval.

Based mostly on distribution channel, the B2C distribution channel phase is estimated to account for the most important share of the general plant-based merchandise market in 2020. This phase can also be projected to develop on the quickest CAGR through the forecast interval, as a result of quickly rising on-line retail sector, rising urbanization, and rise within the variety of supermarkets and hypermarkets

Geographically, Europe is estimated to command the most important share of the worldwide plant-based meals market in 2020. The main place of the Europe area available in the market is primarily attributed to the components resembling increased consciousness on the consumption of protein wealthy food plan, elevated well being consciousness, increased vegan & vegetarian inhabitants base, effectively established meals sector, increased adoption of technological developments in meals & drinks trade, overflow of investments within the plant primarily based sector, and better uncooked materials availability. Nonetheless, the Asia- Pacific plant primarily based merchandise market is growing and increasing at a big tempo.

Key Subjects Lined:

1. Introduction

2. Analysis Methodology

3. Government Abstract

3.1. Introduction

3.2. Market Dynamics

3.3. Segmental Evaluation

3.3.1. Market by Product Sort

3.3.1.1. Dairy Options Product Market

3.3.1.2. Meat Substitute Merchandise Market

3.3.2. Market by Supply

3.3.3. Market by Distribution Channel

3.3.4. Regional Evaluation

3.3.5. Aggressive Panorama & Key Market Rivals

4. Market Insights

4.1. Introduction

4.2. Drivers

4.2.1. Rising Incidences of Intolerance for Animal Protein

4.2.2. Rising Urbanization with New Client Aspirations

4.2.3. Important Enterprise Investments in Plant-Based mostly Product Corporations

4.2.4. Rising Vegan Inhabitants

4.3. Restraints

4.3.1. Comparatively Increased Value Vary for A number of the Meat Substitutes

4.3.2. Important Choice for Animal Based mostly Merchandise

4.3.3. Client Choice to Soy and Gluten Free Merchandise

4.4. Alternatives

4.4.1. Analysis & Improvement and New Product Launches by Plant primarily based Merchandise Producers

4.4.2. Rising Economies- Asia-Pacific, Latin America, and Center East and Africa

4.5. Pattern

4.5.1. Rising Trade Focus with Development in Mergers and Acquisitions within the Plant-Based mostly Merchandise House

5. COVID-19 Influence Evaluation on Plant-Based mostly Meals Market

6. Funding and Funding State of affairs

6.1. Introduction

6.2. Investments/Funding State of affairs

7. International Plant-Based mostly Meals Market, by Product Sort

7.1. Introduction

7.2. Dairy Options

7.2.1. Plant-Based mostly Milk

7.2.2. Cheese

7.2.3. Yogurts

7.2.4. Butter

7.2.5. Ice-Cream

7.2.6. Creamer

7.2.7. Others

7.3. Meat Substitutes

7.3.1. Tofu

7.3.2. TVP

7.3.3. Tempeh

7.3.4. Seitan

7.3.5. Burger Patties

7.3.6. Sausages

7.3.7. Floor Meat

7.3.8. Meatballs

7.3.9. Nuggets

7.3.10. Crumbles

7.3.11. Others

7.4. Plant-Based mostly Eggs/Egg Substitutes

7.5. Confectionery

7.6. Others

8. International Plant-Based mostly Meals Market, by Supply

8.1. Introduction

8.2. Soy Protein

8.3. Almond Protein

8.4. Wheat Protein

8.5. Pea Protein

8.6. Rice Protein

8.7. Others

9. International Plant-Based mostly Meals Market, by Distribution Channel

9.1. Introduction

9.2. Enterprise to Enterprise

9.3. Enterprise to Prospects

9.3.1. Fashionable Groceries

9.3.2. Comfort Retailer

9.3.3. Specialty Retailer

9.3.4. On-line Retail

9.3.5. Others

10. Plant-Based mostly Meals Market, by Geography

11. Aggressive Panorama

11.1. Introduction

11.2. Key Development Methods

11.3. Aggressive Benchmarking

12. Firm Profiles (Contains Enterprise Overview, Monetary Overview, Product Portfolio, and Strategic Developments)

  • Amy’s Kitchen Inc. (U.S.)
  • Atlantic Pure Meals LLC (U.S.)
  • Axiom Meals (U.S.)
  • Past Meat Inc. (U.S.)
  • Daiya Meals Inc. (Canada)
  • Danone SA (France)
  • Earth’s Personal Meals Firm Inc. (Canada)
  • Observe Your Coronary heart (U.S.)
  • Backyard Protein Worldwide Inc. (Canada)
  • Unimaginable Meals Inc. (U.S.)
  • Lightlife Meals Inc. (U.S.)
  • Marlow Meals Ltd. (U.Ok.)
  • Nutrisoy Pty Ltd. (Australia) amongst others.
  • Sahmyook Meals (South Korea)
  • Sanitarium Well being and Wellbeing Firm (Australia)
  • Taifun -Tofu GmbH (Germany)
  • The Hain Celestial Group Inc. (U.S.)
  • VBIte Meals Ltd (U.Ok.)

For extra details about this report go to https://www.researchandmarkets.com/r/syc2l8

View supply model on businesswire.com: https://www.businesswire.com/information/residence/20200916005482/en/

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