Plant based Food Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2026 - PowerPoint PPT Presentation

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Plant based Food Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2026

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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. – PowerPoint PPT presentation

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Title: Plant based Food Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2026


1
Plant-Based Food Market
  • Industry Analysis, Size, Share, Growth, Trends,
    and Forecast (2021-2026)

2
The Plant-Based Food Market stood at US 23,010.7
million in 2019 and is expected to grow at a CAGR
of 14.87 during the forecast period 2021-26.
  • A more sustainable future requires taking action
    to ensure healthier food practices in healthcare
    facilities. There is a growing movement towards
    embedding climate-friendly practices in many
    sectors of society the healthcare sector has a
    unique opportunity to protect environmental and
    public health, which can be achieved by
    implementing sustainable food practices in
    healthcare facilities. Only an estimated 10 of
    plant protein sources are currently being
    utilized. With the rise in demand for plant
    protein, along with the move towards
    allergen-friendly ingredients, a greater variety
    of plant sources will likely be used. Consumers
    are increasingly considering such factors as
    health, sustainability, and social impact in
    making their food decisions.

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3
  • Healthcare institutions are significant providers
    of food services, offering staff and patients at
    least three meals a day. In 2017, the American
    Medical Association adopted a resolution calling
    on hospitals to provide more plant-based meals
    and remove processed meats to improve hospital
    food environments. The most complete population
    nutritional guidelines are those published by the
    WHO/FAO based on the best currently available
    scientific evidence on the relationship of diet,
    nutrition, and physical activity to chronic
    diseases with a global perspective. The WHO
    experts emphasize that energy consumed each day
    should match energy expenditure to prevent weight
    gain. The increasing year on year awareness
    regarding the Veganuary and the fact that major
    multiple retailers have rapidly expanded their
    shelf space and own label new product development
    for plant-based products underline the growth in
    the sector.

Browse Complete Report with TOC
https//univdatos.com/report/global-market-insi
ghts-on-plant-based-foods-2019-2026
4
  • The plant-based foods are segmented into
    Plant-Based Milk, Plant-Based Meat, Plant-Based
    Creamer, Plant-Based Cheese, Plant-Based Yogurt,
    Plant-Based Butter, and Other Plant-Based
    Products based on the product type. The dominance
    of the milk category is driven by the growth in
    dairy alternative drinks such as soy, nut,
    coconut, and other plant-based milk and an
    increasing number of lactose intolerance
    populations across the world.
  • Based on the application, the global plant-based
    food market is segmented beverages, bakery and
    snacks, breakfast cereals, infant nutrition, and
    other applications. Plant-based beverages and
    other dairy-alternative beverages are gaining a
    significant consumer base, driven most recently
    by peoples increased focus on health and
    sustainability as well as the fact that there are
    simply more high-quality products available for
    people to explore and enjoy.

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5
Contact us -

UnivDatos Market Insights (UMI)
Email sales_at_univdatos.com
Web https//univdatos.com
  • Some of the major players operating in the global
    plant-based food market are Tofurky, Quorn foods
    Inc., Amys kitchen, Archer Daniels 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 RD, partnership,
    mergers, etc. to sustain in the growing
    plant-based food market. For instance, in 2019,
    The Vegetarian Butcher announced its first deal
    with a major restaurant chain. Unilever then
    started supply 100 plant-based patties for
    Burger Kings Rebel Whopper to over 2,500
    stores in 25 countries in EMEA.
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