Market Overview:
The global plant-based food market is expected to exhibit a CAGR of 12.29% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Plant-based food refers to various food products derived from natural plant-sourced ingredients. These products are usually manufactured using fruits, vegetables, nuts, oils, whole grains and legumes and do not contain any animal-sourced ingredients, such as meat, milk or eggs. Some of the commonly used plant-based food products include tofu, coconut and almond milk, tempeh and seitan. A balanced diet with these products is a rich source of vitamins B1, C and E, folic acid, magnesium and iron and contains minimal cholesterol and saturated fats. With regular consumption, they may also aid in minimizing the risks of heart and metabolic disorders, diabetes, obesity, high blood pressure and certain types of cancers.
www.imarcgroup.com
Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Global Plant-Based Food Market Trends:
The increasing prevalence of chronic lifestyle diseases and intolerance for animal protein represents one of the key factors driving the growth of the market. Furthermore, the widespread adoption of vegan dietary habits across the globe is also driving the market growth. With the rising consciousness among consumers regarding animal health and the prevention of cruelty against animals in the food industry, there is a shift in the preference for plant-based food products across the globe. This, in turn, is creating a positive outlook for the market. Additionally, the development of innovative products, such as plant-based milk, eggs and meat, is acting as another growth-inducing factor. These products are rich in essential nutrients and are nearly identical in taste to their animal-sourced counterparts. Other factors, including extensive promotional activities by celebrities and athletes to encourage the consumption of vegetarian products to maintain a healthy lifestyle and the easy product availability through proliferating online retail channels, are anticipated to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global plant-based food market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, source and distribution channel.
Breakup by Type:
www.imarcgroup.com
Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- Dairy Alternatives
- Meat Alternatives
- Egg Substitutes and Condiments
- Others
Breakup by Source:
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
- Others
Breakup by Region:
To get more information on the regional analysis of this market, Request Sample
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Amy's Kitchen Inc., Atlantic Natural Foods LLC, Beyond Meat Inc., Danone SA, Garden Protein International Inc., Impossible Foods Inc., Lightlife Foods, Inc. (Maple Leaf Foods Inc.), Nestle S.A., Tyson Foods Inc. and Vbite Food Ltd.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Type, Source, Distribution Channel, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
Amy's Kitchen Inc., Atlantic Natural Foods LLC, Beyond Meat Inc., Danone SA, Garden Protein International Inc., Impossible Foods Inc., Lightlife Foods, Inc. (Maple Leaf Foods Inc.), Nestle S.A., Tyson Foods Inc. and Vbite Food Ltd. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global plant-based food market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global plant-based food market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the source?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global plant-based food market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Plant-Based Food Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Dairy Alternatives
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Meat Alternatives
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Egg Substitutes and Condiments
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Source
7.1 Soy
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Almond
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Wheat
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Supermarkets and Hypermarkets
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Convenience Stores
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Online Stores
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Amy's Kitchen Inc.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Atlantic Natural Foods LLC
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Beyond Meat Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.4 Danone SA
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Garden Protein International Inc.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Impossible Foods Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Lightlife Foods Inc. (Maple Leaf Foods Inc.)
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Nestle S.A.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Tyson Foods Inc.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Vbite Food Ltd.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
List of Figures
Figure 1: Global: Plant-Based Food Market: Major Drivers and Challenges
Figure 2: Global: Plant-Based Food Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Plant-Based Food Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Plant-Based Food Market: Breakup by Type (in %), 2021
Figure 5: Global: Plant-Based Food Market: Breakup by Source (in %), 2021
Figure 6: Global: Plant-Based Food Market: Breakup by Distribution Channel (in %), 2021
Figure 7: Global: Plant-Based Food Market: Breakup by Region (in %), 2021
Figure 8: Global: Plant-Based Food (Dairy Alternatives) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Plant-Based Food (Dairy Alternatives) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Plant-Based Food (Meat Alternatives) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Plant-Based Food (Meat Alternatives) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Plant-Based Food (Egg Substitutes and Condiments) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Plant-Based Food (Egg Substitutes and Condiments) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Plant-Based Food (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Plant-Based Food (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Plant-Based Food (Soy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Plant-Based Food (Soy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Plant-Based Food (Almond) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Plant-Based Food (Almond) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Plant-Based Food (Wheat) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Plant-Based Food (Wheat) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Plant-Based Food (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Plant-Based Food (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Plant-Based Food (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Plant-Based Food (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Plant-Based Food (Convenience Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Plant-Based Food (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Plant-Based Food (Online Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Plant-Based Food (Online Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Plant-Based Food (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Plant-Based Food (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: North America: Plant-Based Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: United States: Plant-Based Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: United States: Plant-Based Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Canada: Plant-Based Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Canada: Plant-Based Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: North America: Plant-Based Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Asia-Pacific: Plant-Based Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: China: Plant-Based Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: China: Plant-Based Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Japan: Plant-Based Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Japan: Plant-Based Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: India: Plant-Based Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: India: Plant-Based Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: South Korea: Plant-Based Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: South Korea: Plant-Based Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Australia: Plant-Based Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Australia: Plant-Based Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Indonesia: Plant-Based Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Indonesia: Plant-Based Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Others: Plant-Based Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Others: Plant-Based Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Asia-Pacific: Plant-Based Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Europe: Plant-Based Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Germany: Plant-Based Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Germany: Plant-Based Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: France: Plant-Based Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: France: Plant-Based Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: United Kingdom: Plant-Based Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: United Kingdom: Plant-Based Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Italy: Plant-Based Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Italy: Plant-Based Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Spain: Plant-Based Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Spain: Plant-Based Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Russia: Plant-Based Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Russia: Plant-Based Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Others: Plant-Based Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Others: Plant-Based Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Europe: Plant-Based Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Latin America: Plant-Based Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Brazil: Plant-Based Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Brazil: Plant-Based Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Mexico: Plant-Based Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Mexico: Plant-Based Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Others: Plant-Based Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Others: Plant-Based Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Latin America: Plant-Based Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Middle East and Africa: Plant-Based Food Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Middle East and Africa: Plant-Based Food Market: Breakup by Country (in %), 2021
Figure 80: Middle East and Africa: Plant-Based Food Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Global: Plant-Based Food Industry: SWOT Analysis
Figure 82: Global: Plant-Based Food Industry: Value Chain Analysis
Figure 83: Global: Plant-Based Food Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Plant-Based Food Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Plant-Based Food Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Plant-Based Food Market Forecast: Breakup by Source (in Million US$), 2022-2027
Table 4: Global: Plant-Based Food Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 5: Global: Plant-Based Food Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Plant-Based Food Market: Competitive Structure
Table 7: Global: Plant-Based Food Market: Key Players