Plant-Based Ingredient Market Investments Rise Natural Product Market Sees Global Surge | Ingredion Inc., Cargill Incorporated

The Global Plant-Based Ingredient Market is expected to grow at a CAGR 0f 10.99% during the forecast period (2024-2031).

The Plant-Based Ingredient Market Report by DataM Intelligence delivers comprehensive insights into key market trends, growth drivers, and emerging challenges. With a focus on providing actionable intelligence, DataM Intelligence enables businesses to make informed strategic decisions and maintain a competitive edge. Leveraging both qualitative and quantitative research methodologies, the report offers in-depth analysis to help clients navigate complex market dynamics, identify new opportunities, and accelerate growth in today's rapidly evolving global landscape.

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A plant-based ingredient refers to any substance derived entirely from plants, including vegetables, fruits, grains, nuts, seeds, legumes, and herbs, used in the formulation of food, beverages, cosmetics, pharmaceuticals, or other consumer products. These ingredients are free from animal-derived components and are widely recognized for their health benefits, sustainability, and compatibility with vegan and vegetarian lifestyles.

List of the Market Players in the Plant-Based Ingredient Market:

Ingredion Inc., Cargill Incorporated, Dohler Group, and DSM

Industry News:

As of June 2021, 30% of the global population supported adopting a plant-based diet as part of climate change policies. According to the Innova Consumer Survey 2020, the leading motivations for choosing plant-based alternatives included health benefits, dietary diversity, sustainability, and taste. The plant-based food sector in the U.S. outpaced the broader retail food market, nearly doubling its growth in 2020 a year when the pandemic prompted restaurant closures and led consumers to stock up on groceries. By April 2021, 57% of U.S. households were purchasing plant-based products, up from 53% in 2019.

Research Methodology:

The global Plant-Based Ingredient Market research report utilizes both primary and secondary data sources to provide a well-rounded analysis. Throughout the research process, various influential factors are assessed-including regulatory frameworks, current market dynamics, historical trends, competitive landscape, technological progress, upcoming innovations, and related industry developments. The report also considers market volatility, growth prospects, potential barriers, and emerging challenges to offer a comprehensive view of the market environment.

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Segment Covered in the Plant-Based Ingredient Market:

By Type: Cereals, Pseudo Cereals, Legumes/Pulses/Oil Seeds, Nuts, Tubers, Seeds, New Sources, Others

By Application: Food, Beverages, Nutraceuticals, Pharmaceuticals, Personal Care, Others

Regional Analysis for Plant-Based Ingredient Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➤ What are the global sales, production, consumption, import, and export figures for the Plant-Based Ingredient market?
➤ Who are the key players, and how do they perform in terms of capacity, output, pricing, and revenue?
➤ What major opportunities and challenges exist for vendors in this market?
➤ Which product types and end-user segments show the most growth potential and market share?
➤ What are the main growth drivers and restraints in the Plant-Based Ingredient market?
➤ What sales, marketing, and distribution channels are commonly used?

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