United States Plant Based Food Market to grow with a CAGR of 9.69% from 2021-2027

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United States Plant Based Food Market
United States Plant Based Food Market
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United States Plant Based Food Market
According to the latest report by Renub Research,
titled United States Plant Based Food Market
Forecast By Segments, Food Services, Merger and
Acquisitions, Company Analysis the United States
Plant Based Food Market Size will reach to US
10.7 Billion in 2027. With an increased focus on
reaching net-zero emissions, the shift to
climate-friendly, sustainable protein production
presents significant sales and investment
opportunities. In addition to the clear
opportunity presented by growing consumer
excitement around plant-based options in the U.S,
this motivation made 2020 a record-breaking year
for plant-based sales and investments. United
States Plant-based Food Industry was US 5.6
Billion in 2020 In the United States,
plant-based food has become popular to reduce the
diet's environmental footprint and promote human
health and animal welfare. Plant-based foods are
derived from plants (including grains,
vegetables, nuts, seeds, legumes, and fruits)
with no animal-source foods or artificial
ingredients. Plant-based food supports Americans
health and is appropriate throughout all life
stages, including lactation, pregnancy,
childhood, and adulthood, as well as for athletes.
United States Plant Based Food Market
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United States Plant Based Food Market
United States Plant Based Food Market
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United States Plant Based Food Market
Furthermore, increasing incidences of intolerance
for animal protein, growing urbanization with new
consumer aspirations, increasing vegan
population, and significant venture investments
in plant-based product manufacturers are key
factors driving the plant-based products market's
growth in the United States. According to Veg
News, in 2020, nearly one-fourth of American
consumers (23 percent) have consumed plant-based
food products. Impact of COVID-19 on United
States Plant Based Food Industry The pandemic
has changed the way United States consumers
interact with food. The United States people are
incorporating more plant-based foods into their
diets as it is becoming increasingly critical to
have a robust immune system. This has happened in
the surge of interest and subsequent consumption
of plant-based meals. Plant-based foods
(including plant-based meats) have been showing
strong growth during the COVID-19 pandemic,
likely to elevate the market space for plant
protein in the United States food manufacturing
industry.
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United States Plant Based Food Market
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United States Plant Based Food Market
Competitive Analysis Beyond Meat shares Rises
26 in the year 2021 The United States
plant-based food market is highly competitive
owing to many players such as Beyond meat Inc,
Archer Daniels Midland, US Foods Holding Corp,
Kellogg, Hormel Foods Corporation. To expand
their market shares, companies are concentrating
on new and innovative products. For instance, in
2021, Beyond Meat shares soar 26 as the company
teams up with PepsiCo to make plant-based snacks
and drinks. Plant Based Foods getting Integrated
in Menus of United States Foodservice
Industry In recent years, plant-based food has
gained traction in United States full-service
restaurants, limited-service restaurants, hotels
and motels menus, and retail stores. Plant-based
Butter, Cheese and Tofu and Tempeh are popping up
in many full-service restaurants that offer
varieties of plant-based products depending upon
their customer's preferences and needs.
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United States Plant Based Food Market
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United States Plant Based Food Market
Besides, retail formats offer a wide range of
products like plant-based Dairy Spreads, Dips,
Sour Cream, Sauces, Ready-to-Drink, Beverages,
Condiments, Dressings, and Mayo etc. at a
competitive price to customers. They are usually
located in regularly accessible areas. Burger and
patties are more popular in the shelf space of
retail outlets. Ice cream and Frozen Novelty are
booming in popular as health-conscious consumers
embrace new ice cream alternatives. Most United
States retail carry the brand of vegan ice cream
in numerous varieties, including pint-sized
containers, ice cream sandwiches, drumsticks,
fudge bars, and more. Plant-based Beverages
gaining Rapid Traction in United States Across
the United States, plant-based food trend
continues to grow due to its varieties like
Plant-based milk, Plant-based meat, meals,
Plant-based ice cream and frozen novelty,
Plant-based creamer, Plant-based yoghurt, butter,
cheese, Tofu and tempeh, plant-based
ready-to-drink beverages, Plant-based dairy
spreads, dips, sour cream, and sauces etc.
Plant-based milk products such as almond, soy,
coconut, cashew, oat, rice are gaining rapid
traction among food service providers in the
United States.
United States Plant Based Food Market
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United States Plant Based Food Market
It is majorly used in all kinds of dishes, such
as curries, soups, smoothies, and others.
Americans prefer plant milk over other dairy or
animal milk because of its high nutrition value,
Omega-3 fatty acids and vitamins. Plant-based
meat encourages American people to eat more. The
nutritional benefits of plant-based meats and
their safety compared with conventional meat are
also important factors contributing to gaining
consumers' attention. Consumption of plant-based
meat does not give rise to obesity, type-2
diabetes and heart disease.
United States Plant Based Food Market
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United States Plant Based Food Market

• Report Summary
• Segments We have covered by segment in the
  United States Plant-Based Food Market breakup by
  13 viewpoints (Plant-based Milk, Plant-based
  Meat, Plant-based Meals, Plant-based Ice Cream
  and Frozen Novelty, Plant-based Creamer,
  Plant-based Yogurt, Plant-based Butter,
  Plant-based Cheese, Tofu and Tempeh, Plant-based
  Ready-to-Drink Beverages, Plant-based Condiments,
  Dressings, and Mayo, Plant-based Dairy Spreads,
  Dips, Sour Cream, and Sauces and Plant-based
  Eggs)
• Food Services Renub Research Report covered by
  Food Services the United States Plant Based Food
  Market breakup by 8 viewpoints (Full-service
  Restaurants, Limited-Service Restaurants,
  Drinking Places, Hotels and Motels, Retail Stores
  and Vending, Recreational Places, Schools and
  Colleges and Others)
• All the key players have been covered from 3
  Viewpoints (Overview, Recent Development, and
  Revenue Analysis) Beyond Meat Inc, Archer Daniels
  Midland, US Foods Holding Corp, Kellogg and
  Hormel Foods Corporation.

United States Plant Based Food Market
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United States Plant Based Food Market
United States Plant Based Food Market
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United States Plant Based Food Market