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DUBLIN--(BUSINESS WIRE)--Oct 28, 2022--
The "Global Plant-Based Food Market: Analysis By Type (Dairy, Meat, Egg, and Others), By Distribution Channel (Supermarkets & Hypermarkets, Online, Convenience Stores, and Other Store-Based), By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027" report has been added to ResearchAndMarkets.com's offering.
In 2021, the global plant-based food market was valued at US$39.42 billion and is anticipated to grow to US$103.56 billion by 2027. Plant-based food refers to a wide range of food products derived from natural plant ingredients. Plant-based food items have long been known for their importance in vital nutrition and human health. These products are typically prepared from fruits, vegetables, nuts, oils, whole grains, and legumes, with no animal ingredients. A plant-based diet has less cholesterol and saturated fat, is an excellent source of the vitamins B1, C, and E, folic acid, magnesium, and iron, and may help lower the risk of having certain types of cancer, diabetes, obesity, high blood pressure, heart disease, and metabolic disorders.
Food manufacturers ranging from startups to leading CPG companies are innovating rapidly in the plant-based food market. Next-generation plant-based meat, eggs, and dairy products are increasingly competitive with animal products on taste, price, and accessibility. Some of the major reasons why consumers are shifting their preference towards plant-based foods are the fear of an increase in animal-borne diseases, rising health concerns, and demand for clean label products & natural products. The plant-based food market is expected to grow at a CAGR of 17.52% over the forecast period of 2022-2027.
Market Segmentation Analysis:
Market Dynamics
Growth Drivers
Challenges
Market Trends
The key players of the global plant-based food market are
Key Topics Covered:
1. Executive Summary
2. Introduction
3. Global Market Analysis
4. Regional Market Analysis
5. Impact Of COVID-19
6. Market Dynamics
7. Competitive Landscape
8. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/356ku8
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KEYWORD:
INDUSTRY KEYWORD: FOOD/BEVERAGE RETAIL
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 10/28/2022 07:39 AM/DISC: 10/28/2022 07:39 AM
http://www.businesswire.com/news/home/20221028005245/en