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The US Plant Based Food and Beverages Market: Size, Trends & Forecasts (2018-2022)

  • ID: 4623171
  • Report
  • Region: United States
  • 69 Pages
  • Daedal Research
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FEATURED COMPANIES

  • Beyond Meat
  • Good Catch
  • Hain Celestial Group
  • Impossible Foods
  • Ripple Foods
  • MORE

The report entitled “The US Plant Based Food and Beverages Market: Size, Trends & Forecasts (2018-2022)”, provides analysis of the US plant based food and beverages market, with detailed analysis of market size and segmentation of the industry. The analysis includes the market by value, and by segmentation on the basis of types of products.

Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall US plant based food and beverages market has also been forecasted for the years 2018-2022, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

Some of the key players operating in the US plant based food and beverages market, have had their companies profiled as part of this report. In this segment of the report, business overview, financial overview and business strategies of the companies are provided.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Beyond Meat
  • Good Catch
  • Hain Celestial Group
  • Impossible Foods
  • Ripple Foods
  • MORE

1. Executive Summary

2. Introduction

2.1 Food and Beverage: An Overview
    2.1.1 Food and Beverage: Introduction
    2.1.2 Benefits of Consuming Food and Beverages
    2.1.3 Sources of Food and Beverages
2.2 Plant Based Food and Beverage: An Overview
    2.2.1 Plant Based Food and Beverages
    2.2.2 Types of Plant Based Food and Beverages
    2.2.3 Benefits of Plant Based Food and Beverages
    2.2.4 Impacts of Plant Based Food and Beverages

3. Global Market Analysis

3.1 The US Food and Beverage Industry Segmentation
3.2 The US Plant Based Food and Beverage Market: An Analysis
    3.2.1 The US Plant Based Food and Beverage Market by Value
    3.2.2 The US Milk Market by Share (Milk and Milk Alternatives)
    3.2.3 The US Meat Market by Share (Incremental Share & Sales, Meat Alternative and Meat)
    3.2.4 The US Food Market by Growth Rate
    3.2.5 The US Milk Market by Growth Rate
    3.2.6 The US Meat Market by Growth Rate
    3.2.7 The US Plant Based Food and Beverage Market by Segment (Milk, Meat, Tofu, Mayo/Egg, Ice Cream, Butter, Yogurt, Cheese, Creamer, and Dressing)
3.3 The US Plant Based Food and Beverage Market: Segment Analysis
    3.3.1 The US Plant Based Food and Beverage Market Segment by Growth Rate (Meats, Creamer, Yogurt, Cheese and Milk)
    3.3.2 The US Plant Based Meat Market by Value
    3.3.3 The US Plant Based Creamers Market by Value
    3.3.4 The US Plant Based Yogurt Market by Value
    3.3.5 The US Plant Based Cheese Market by Value
    3.3.6 The US Plant Based Milk Market by Value
    3.3.7 The US Plant Based Other Market by Value

4. Market Dynamics

4.1 Growth Drivers
    4.1.1 Increasing Vegan Production and Share
    4.1.2 Positive Impact of Plant Based Food on Environment
    4.1.3 Growing Popularity of Milk Alternatives
    4.1.4 Reasons Behind Plant Based Shifts
    4.1.5 Rising Millennial Population Inclination Towards Plant based Products
    4.1.6 Companies Focusing on Plant Based Food Products
    4.1.7 Increasing Vegan Population
4.2 Challenges
    4.2.1 Less Source of Protein
    4.2.2 Adverse Effects of Milk Alternatives
4.3 Market Trends
    4.3.1 Positive Impact on GHG Emission
    4.3.2 Positive Consumer Behavior
    4.3.3 Growth in Plant Based Proteins with a Non-GMO
    4.3.4 Development of Vegetable Friendly Restaurants Concept

5. Competitive Landscape

5.1 The US Plant Based Food and Beverage Market: Player Analysis
    5.1.1 The US Plant Based Food and Beverage Market by Industry Verticals
    5.1.2 The US Plant Based Meat Market Player by Funding Timeline
5.2 The US Plant Based Food and Beverage Market: Player Landscape

6. Company Profiling

6.1 Beyond Meat
    6.1.1 Business Overview
    6.1.2 Business Strategy
6.2 Impossible Food
    6.2.1 Business Overview
    6.2.2 Business Strategy
6.3 Ripple Foods
    6.3.1 Business Overview
    6.3.2 Business Strategy
6.4 Hain Celestial Group
    6.4.1 Business Overview
    6.4.2 Financial Overview
    6.4.3 Business Strategy
6.5 Good Catch
    6.5.1 Business Overview
    6.5.2 Business Strategy

List of Figures and Tables

Figure 1: Benefits of Consuming Food and Beverages
Figure 2: Sources of Food and Beverages
Figure 3: Types of Plant Based Food and Beverages
Figure 4: Benefits of Plant Based Food and Beverages
Figure 5: Impacts of Plant Based Food and Beverages
Figure 6: The US Food and Beverage Industry Segmentation
Figure 7: The US Plant Based Food and Beverage Market by Value; 2017-2022 (US$ Billion)
Figure 8: The US Milk Market by Share (Milk and Milk Alternatives); 2017 (Percentage, %)
Figure 9: The US Meat Market by Share (Incremental Share & Sales, Meat Alternative and Meat); 2017 (Percentage, %)
Figure 10: The US Food Market by Growth Rate; 2017-2018 (Percentage, %)
Figure 11: The US Milk Market by Growth Rate; 2017-2018 (Percentage, %)
Figure 12: The US Meat Market by Growth Rate; 2017-2018 (Percentage, %)
Figure 13: The US Plant Based Food and Beverage Market by Segment (Milk, Meat, Tofu, Mayo/Egg, Ice Cream, Butter, Yogurt, Cheese, Creamer, and Dressing); 2017 (Percentage, %)
Figure 14: The US Plant Based Food and Beverage Market Segment by Growth Rate (Meats, Creamer, Yogurt, Cheese and Milk); 2017-2018 (Percentage, %)
Figure 15: The US Plant Based Meat Market by Value; 2017-2018 (US$ Million)
Figure 16: The US Plant Based Creamers Market by Value; 2017-2018 (US$ Million)
Figure 17: The US Plant Based Yogurt Market by Value; 2017-2018 (US$ Million)
Figure 18: The US Plant Based Cheese Market by Value; 2017-2018 (US$ Million)
Figure 19: The US Plant Based Milk Market by Value; 2017-2018 (US$ Billion)
Figure 20: The US Plant Based Other Market by Value; 2017-2018 (US$ Million)
Figure 21: Share of Vegan and Produce in The US Total Food and Beverages Market; 2014-2017 (Percentage, %)
Figure 22: Environmental Impact of Animal Vs. Plant Protein; 2017
Figure 23: The US Non-Dairy Products by Penetration Rate; 2017-2018 (Percentage, %)
Figure 24: Consumer Factors for Purchasing Plant Based Dairy Products
Figure 25: Consumer Factors for Purchasing Plant Based Meat Products
Figure 26: Plant Based Food Index Value by Age Groups; 2017
Figure 27: Millennial (18-34) Share in Plant Based Food Industry; 2017 (Percentage, %)
Figure 28: Innovators in Plant Based and Cellular Agriculture Supply Chain
Figure 29: The US Vegan/Vegetarian Population; 2017 (Percentage, %)
Figure 30: Food Carbon Footprint by Diet Type; 2017 (Tons)
Figure 31: Consumer Behavior for Plant Based Products; 2017 (Percentage, %)
Figure 32: Number of Non-GMO Plant Based Proteins Launch; 2012-2017 (Percentage, %)
Figure 33: The US Plant Based Food and Beverage Market by Industry Verticals
Figure 34: The US Plant Based Meat Market Player by Funding Timeline; 2014-2018
Figure 35: Hain Celestial Group Net Sales; 2013-2017 (US$ Million)
Figure 36: Hain Celestial Group Net Sales by Segment; 2017 (Percentage, %)
Table 1: Top Animal Based and Plant Based Superfoods and Protein Level
Table 2: Greenhouse Gas Emission by Food Type
Table 3: The US Plant Based Meat Market Player Comparison

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Beyond Meat
  • Good Catch
  • Hain Celestial Group
  • Impossible Foods
  • Ripple Foods
  • MORE

Food and beverages are very essential part of a person’s life. Without consuming food and beverages, people feel weak and lacks minimal energy required for accomplishment of day to day work. There are many benefits which are linked with consumption of food such as giving strength to body, prevention from diseases, improvement in longevity of a person, etc. Whereas beverages provide essential nutrients to the body, maintain body balance, remove toxins, etc.

Food and beverages are obtained from different sources such as food is obtained from plants and animals while beverages are produced from plants and processes of different elements. Plant based food and beverages are emerging as a new trend in food industry. Plant based food and beverages includes all the food items which are nutritionally rich and obtained from vegetables, oil, nuts, seeds, etc. There are different types of plant based food and beverages in the US market such as fruits, vegetables, whole grain, nuts, seeds. Whereas plant based beverages includes milk, juices, coffee, and tea.

Benefits associated with consumption of plant based diet includes prevention from chronic diseases, heart protection, psychological improvement, weight maintenance, longevity and energy. Impacts of plant based food and beverages ingestion are broadly classified into human health improvement, helping in climatic changes, addressing of global resources and animal welfare.

The US Plant Based Food and Beverages Market is expected to increase at high growth rates during the forecasted period (2018-2022). The US plant based food and beverages market is supported by various growth drivers, such as increasing vegan production and share, positive impact of plant based food on environment, growing popularity of milk alternatives, etc. yet, the market faces certain challenges, such as, less source of protein, adverse effects of milk alternatives, etc. few new market trends are also provided such as, positive impact on GHG emission, growth in plant based proteins with a Non-GMO, etc.

Note: Product cover images may vary from those shown
5 of 5
  • Beyond Meat
  • Impossible Foods
  • Ripple Foods
  • Hain Celestial Group
  • Good Catch
Note: Product cover images may vary from those shown
6 of 5

The author's core strengths include a seasoned management team, a highly demonstrable track record of seamless process integration and consistent delivery position. The research team uses its extensive knowledge of the various industries to analyze the market trends from both a vendor and an end-user perspective.

The research strategy is focused on high-quality secondary data combined with elaborate use of primary data. The team of research analysts provides a 360-degree overview of available data.

The analysts begin by searching industry reports, surveys, trade publications, company reports and press releases. They also include information gained by extensive interviews with major players and industry participants.

The background information, related to industry statistics, is provided by the author's proprietary databases.

The information is then analyzed and synthesized into a report - with market forecast, industry trends, and competitive strategies. The team of research analysts use both qualitative tools and quantitative techniques to get an insight into the industry.

The author's core expertise lies in researching, compiling and analyzing vast amounts of publicly available information and premier databases, into widely read reports.

 

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