The Global Plant-Based Food & Beverages Alternatives Market is determined to be worth USD 32.29 billion by 2027, as indicated by a flow examination by Emergen Research. The key elements impacting the market incorporate developing requests for a plant-based meat and dairy elective among the lactose intolerants and different patients related with illnesses that preclude the ingestion of meat. The report contains an itemized examination of the indispensable components of the Plant-Based Food and Beverages Alternatives market, including key drivers, requirements, potential open doors, impediments, dangers, and miniature and large scale monetary elements.
The report cautiously examines the current market situation and the principal development possibilities. The report involves a coordinated data set of the Plant-Based Food and Beverages Alternatives market elements that assists market investigators with assessing the worldwide market development rate over the projected timetable. Subsequently, the report, distributed by Emergen Research, is a conscientious gathering of the urgent parts of the Plant-Based Food and Beverages Alternatives market, including the vital participants' item contributions, the wide application scope of these items, the significant market fragments, driving business sector competitors, their organization profiles, valuing methodologies, creation limits, income age plans, innovative progressions, and numerous others.
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The global Plant-Based Food & Beverages Alternatives market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Plant-Based Food & Beverages Alternatives market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Leading companies profiled in the report:
- 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.
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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North America owing to growing penetration for its non-dairy based or cereal products, especially in the U.S. and Canada, along with a higher thrust on the alternative products of meats, is expected to fuel regional market growth substantially.
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
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To know more about the Emergen research reports
Plant-Based Food & Beverage Alternatives Market
Fermented Food and Ingredients Market
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