openPR Logo
Press release

Plant-Based Food Market: Research Report Overview by Industry Size, Share, Trends, Growth & Leading Players (2019-2025)

Plant-Based Food Market

Plant-Based Food Market

Research report presented by UnivDatos, Emphasis on Product (Plant Based Dairy Alternatives, Plant Based Meat Substitutes), Applications (Supplements and Nutritional Powders, Beverages, Bakery and Snacks, Breakfast and Cereals, Infant Nutrition, Others), Source (Soy Protein, Soy Protein, Wheat Protein, Others) and Geographical analysis (key regions and countries).

As per the research report, The Plant-Based Food Market stood at US$ 4,373.0 million in 2018 and is expected to grow at a CAGR of 10.19% during the forecast period 2019-2025. The global meat and dairy sector are currently going through an unprecedented level of competition and disruption, driven by the growth of viable plant-based alternatives across many categories. People are reducing or eliminating animal products from their diet for a variety of reasons. Some want to cut back on cholesterol, others may be concerned about animal welfare, and some tend to worry about the effect of animal agriculture on the environment. Whatever the reason may be, consumers globally are shifting to a plant-based food diet. There is a seismic shift occurring in eating habits, creating a significant market opportunity for plant-based foods. Most important, many kinds of research reveal that for consumers, consuming plant-based foods has moved beyond experimentation into a permanent change brought on by health, lifestyle and social factors. Thus, following are market dynamics that discuss the plant-based food product aspects in the market.

For complete research, request for Sample of the report browse through – https://univdatos.com/request_form/form/209

Climate change is recognized as a significant public health issue that will impact on food security. One of the major contributors to global warming is the livestock industry, and, relative to plant-based agriculture, meat production has a much higher environmental impact in relation to freshwater use, amount of land required, and waste products generated. Promoting increased consumption of plant-based foods is a recommended strategy to reduce human impact on the environment and is also now recognized as a potential strategy to reduce the high rates of some chronic diseases such as cardiovascular disease and certain cancers.

“Plant-Based Dairy & Dairy Alternatives products were the most consumed plant-based food globally, accounting for 61% share in 2018”

Based on product the global plant-based food market is segmented into Plant-Based Dairy Alternatives, Plant-Based Sports Nutrition and Plant-Based Meat Substitutes. Plant-based dairy alternative is not an option for all consumers. Americans say they are consuming less dairy for health reasons. The intake of plant-based drinks is increasing in the UK. In fact, the sector is predicted to rise by 43% by 2021. When it comes to plant-based sports nutrition, several high-profile athletes, such as former world heavyweight champion boxer David Haye and female tennis champion Venus Williams, have reportedly adopted plant-based diets.

For Region/country-level analysis of the overall adoption and demand of Plant-based food products browse through - https://univdatos.com/report/global-plant-based-foods-market-insights-insights-and-forecast-2019-2025

“Beverage production dominated the application of plant-based food market, with a share of 62% in 2018, and is expected to maintain its dominance throughout the forecast period 2019-2025”

Based on the application, the global plant-based food market is segmented Beverages, Bakery and Snacks, Breakfast cereals, Infant nutrition and other applications. In 2018, beverages dominated the market, however, increasing demand for plant-based meat would lead an increasing market of bakery and snacks segment during the forecast period.  Traditional baked goods rely heavily on butter, eggs, and cream. Roughly 387 million people are living with diabetes, and according to the International Diabetes Federation, the number is expected to increase to nearly 600 million by 2035. Studies claim a whole-food, plant-based diet can prevent and even reverse a litany of food and lifestyle-borne illnesses, including heart disease and type 2 diabetes.

“Amongst source of food, Soy-based food held the major share in 2018 however, by 2025, the Pea segment is expected to overtake Soy segment.”

Based on the source, the Plant-Based Food market is segmented into Soy Protein, Pea Protein, Wheat Protein and other types of protein. In 2018, Soy protein type dominated the source segment, generating revenue of US$ 12,728.9 million. The segment is expected to grow at a CAGR of XX% during the forecast period by 2025. In the APAC region, Australia dominated the Soy Market.

To analyze the impact of Plant-Based food on environment and society browses through - https://univdatos.com/report/global-plant-based-foods-market-insights-insights-and-forecast-2019-2025

“North America is the largest market for plant-based food, followed by Europe and Asia-Pacific”

The American plant-based food market is currently booming, and investment in this sector is rising steadily. For example, Greenleaf Foods recently announced a US$ 310 million investment in a new production facility, and plant-based producer Tofurky is being backed by further private investment. US company Greenleaf Foods, a subsidiary of Canadian Maple Leaf Foods Inc., announced that it will build the largest plant to produce plant-based proteins in North America. Accordingly, such investment and innovation are followed globally

Competitive Landscape-Top 10 Market Players

Some of the major players operating in the global plant-based food market are Tofurky, Quorn foods Inc., Amy’s kitchen, Archer Daniel’s Midland, Claudron Foods, Morning Star Farms, Sweet Earth Foods, Impossible Foods, Maple Leaf food and Beyond Burgers. These companies have adopted numerous growth strategies including innovative product launches, investment in R&D, partnership, mergers, etc. to sustain in the growing plant-based food market.

Customization Options:

The Plant-Based Food Market can be customized for different regions globally and at the country level as well. Besides this, UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients.

Contact us:
UnivDatos Market Insights (UMI)
Email: sales@univdatos.com
Web: https://univdatos.com
Ph: +91 7838604911

About Us:
UnivDatos Market Insights (UMI), is a passionate market research firm and a subsidiary of Universal Data Solutions. Rigorous secondary and primary research on the market is our USP, hence information presented in our reports is based on facts and realistic assumptions. We have worked with 200+ global clients, including some of the fortune 500 companies. Our clientele praises us for quality of insights, In-depth analysis, custom research abilities and detailed market segmentation.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Plant-Based Food Market: Research Report Overview by Industry Size, Share, Trends, Growth & Leading Players (2019-2025) here

News-ID: 2292658 • Views: 464

More Releases from UnivDatos Market Insights (UMI)

Automotive Steering System Market Report, Size with Growth Research 2021 - Compr …
A comprehensive overview of the Automotive Steering System Market is recently added by UnivDatos Market Insights to its humongous database. The report has been aggregated by collecting informative data from various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Automotive Steering System Market. The report offers a detailed analysis of the latest industry developments and
Ambulatory EHR Market Report, Size Segments and Growth 2021: Research Strategies …
A comprehensive overview of the ambulatory EHR market is recently added by UnivDatos Market Insights to its humongous database. The ambulatory EHR market report has been aggregated by collecting informative data of various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the ambulatory EHR market. The ambulatory EHR market report offers a detailed analysis of the
Water Desalination Equipment Market to exceed at a CAGR of around 10% by 2027 | …
A comprehensive overview of the Water Desalination Equipment market is recently added by UnivDatos Market Insights to its humongous database. The Water Desalination Equipment market report has been aggregated by collecting informative data of various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Water Desalination Equipment market. The Water Desalination Equipment market report offers a
Synthetic Biology Market Report, Size Segments and Growth 2021: Research Strateg …
A comprehensive overview of the Synthetic Biology Market is recently added by UnivDatos Market Insights to its humongous database. The Synthetic Biology Market report has been aggregated by collecting informative data of various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Synthetic Biology Market. The Synthetic Biology Market report offers a detailed analysis of the

All 5 Releases


More Releases for Based

AI Based Document Analyzer
Can Artificial Intelligence detect important paragraphs? Patodia Infotech Private Limited has developed an AI based solution that can highlight important paragraph according to its important. Let us take a scenario. You are a busy legal advisor (or a top executive in a big organization) and have received a 200-page document. You need to give your legal opinion or analysis for this document. You must read every word of the document
Plant-based Biologics
Increasing demand for biologics for various chronic diseases and rising investment in R&D for the production of biologics is expected to contribute significantly to the growth of plant-based biologics market. According to Biotechnology Innovation Organization (BIO) 2015, over 250 biologic therapies and vaccines have changed the lives of hundreds of millions of patients. Moreover, according to the same source, over 900 biologics are currently (2018) under the stage of development
Hospital-based EMR Market
Electronic medical record (EMR) is a digital version of a paper chart, which contains a patient's medical history. This system is designed to share information with other healthcare providers such as laboratories and specialists. It helps to reduce operational cost such as transcription services and overtime labor expenses. Get Sample PDF of Report@ https://www.alliedmarketresearch.com/request-toc-and-sample/3219 Increase in demand for advanced health monitoring systems drives the growth of the market. In addition, rise in
Plant Based Beverages Market
https://www.qandqmarketresearch.com/reports/7360187/plantbased-beverages-market-87 Plantbased products include plantbased beverages that are further classified into plantbased dairy alternatives, juices, and readytodrink beverages. The plantbased beverages segment is expected to witness a growing CAGR of 6.5% by 2025, owing to the changing eating habits of consumers. Consumers are more conscious about health and wellness than before, and want to consume products that are healthy and natural without compromising on the taste and flavor of the product. Increasing
Plant-based Snacks Market
https://www.qandqmarketresearch.com/reports/7287268/plantbased-snacks-market-24 Plantbased products are those products that are made entirely from plantbased ingredients, and limit or restrict any use of animalbased products. Plantbased products include plantbased snacks, which are further classified into meat alternative snacks, cereal/grainbased snacks, plantbased salted snacks, plantbased snack bars, and fruit and nut snacks. Based on regional segmentation for the plantbased snacks market, North America, Western Europe, and Asia Pacific are estimated to dominate the global plantbased
Account Based Marketing
Today, most of the marketing organizations are moving towards the Account Based Marketing ( ABM ) . The ABM approach has been there for years but the recent technologies available have made this approach scalable and hence more effective and popular. The traditional marketing approach has been around attracting your prospects from a larger pool. The account based marketing is about targeting accounts based on your best business connection. It is