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Global Plant-Based Food and Beverage Market 2021-2028

  • ID: 5360097
  • Report
  • July 2021
  • Region: Global
  • 230 pages
  • Triton Market Research

FEATURED COMPANIES

  • Amy's Kitchen
  • Blue Diamond Growers
  • Conagra Brands
  • Danone Sa
  • Kikkoman Corporation
  • Moving Mountains
  • MORE
MARKET OUTLOOK

The publisher, in its report on the global plant-based food and beverage market, estimates the industry to grow with a CAGR of 8.71% in the forecast years from 2021 to 2028.

Factors such as the growing shift towards veganism, increase in patients being affected by lactose intolerance, and the benefits of consuming plant-based diets are driving the growth of this market. However, the high cost of plant-based products is a major factor hindering this growth process. Further, the limited awareness among people, as well as the disparity in perception of dairy & plant-based foods & beverages, is also restraining market growth. On a positive note though, the availability of sustainable products & recyclable packaging, innovation in manufacturing procedures, and the introduction of brand new products are creating new avenues for the plant-based food and beverage market growth.

REGIONAL OUTLOOK

The global market for plant-based food and beverage covers the regions of Europe, North America, Latin America, the Middle East and Africa, and the Asia-Pacific.

The market in the Asia-Pacific is currently the largest in the world, and is expected to maintain its reigning position over the coming years. The region has been witnessing a growing demand for plant-based meat alternatives. APAC is home to more than 4.3 billion people, who constitute approx. 60% of the world’s total population.

Nearly over a third of this population already consumes low- or no-meat diets. In fact, there are close to 5 million vegetarians in the region, with India accounting for the largest vegetarian population of 3.68 million people. Therefore, they are more open to switching over to a completely plant-based diet. Factors such as these are mainly responsible for the growth of the plant-based food and beverage market.

COMPETITIVE OUTLOOK

Danone SA, The Hain Celestial Group Inc, Kikkoman Corporation, Sunfed, Impossible Foods Inc, Califia Farms, Moving Mountains, Conagra Brands, Sweet Earth Inc, Quorn Foods, Yofix Probiotics, Pacific Foods Of Oregon, Field Roast Grain Meat Co Inc, Blue Diamond Growers, Daiya Foods Inc, Amy’s Kitchen, Beyond Meat Inc, and Morningstar Farms are some of the established names operating in the plant-based food and beverage market.

Amy’s Kitchen is an organic food company offering products such as bowls, soups, beans, chili, pot pies, wraps, pasta, salsa, burritos, pizzas, snacks, veggie burgers & meats, etc. The company offers a variety of organic packaged and frozen food, with various options, such as gluten-free, plant-based/ vegan, lactose-free, dairy-free, soy-free, corn-free, tree nut-free, Kosher D, Kosher DE, and low-sodium. Amy's products are available in more than 28 other countries across the globe.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Amy's Kitchen
  • Blue Diamond Growers
  • Conagra Brands
  • Danone Sa
  • Kikkoman Corporation
  • Moving Mountains
  • MORE
1. Global Plant-Based Food and Beverage Market - Summary

2. Industry Outlook
2.1. Impact of COVID-19 on the Plant-Based Food and Beverage Industry
2.2. Key Insights
2.2.1. Awareness About Animal Health and Safety
2.2.2. Manufacturing Plant Expansions
2.2.3. Concerns About Health and Changing Lifestyles
2.3. Porter's Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Buyers
2.3.4. Bargaining Power of Suppliers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Key Market Strategies
2.6.1. Product Launches
2.6.2. Contract & Partnerships
2.7. Market Drivers
2.7.1. Shift Towards Veganism
2.7.2. Rising Lactose Intolerance
2.7.3. Advantages of Plant-Based Diet
2.8. Market Challenges
2.8.1. High Cost of Plant-Based Products
2.8.2. Limited Awareness
2.8.3. Disparity in Perception of Dairy and Plant-Based Food and Beverages
2.9. Market Opportunities
2.9.1. Availability of Sustainable Products and Recyclable Packaging
2.9.2. Revolutionary Manufacturing Procedures
2.9.3. Introduction of Brand New Products

3. Global Plant-Based Food and Beverage Market Outlook - by Type
3.1. Dairy
3.2. Meat
3.3. Other Types

4. Global Plant-Based Food and Beverage Market Outlook - by Source
4.1. Soy
4.2. Wheat
4.3. Almond
4.4. Corn
4.5. Other Sources

5. Global Plant-Based Food and Beverage Market Outlook - by Distributors
5.1. Supermarkets/Hypermarkets
5.2. Convenience Stores
5.3. Specialty Stores
5.4. Online Retail
5.5. Other Distributors

6. Global Plant-Based Food and Beverage Market - Regional Outlook
6.1. North America
6.1.1. Market by Type
6.1.2. Market by Source
6.1.3. Market by Distributors
6.1.4. Country Analysis
6.1.4.1. United States
6.1.4.2. Canada
6.2. Europe
6.2.1. Market by Type
6.2.2. Market by Source
6.2.3. Market by Distributors
6.2.4. Country Analysis
6.2.4.1. United Kingdom
6.2.4.2. Germany
6.2.4.3. France
6.2.4.4. Spain
6.2.4.5. Italy
6.2.4.6. Russia
6.2.4.7. Rest of Europe
6.3. Asia-Pacific
6.3.1. Market by Type
6.3.2. Market by Source
6.3.3. Market by Distributors
6.3.4. Country Analysis
6.3.4.1. China
6.3.4.2. Japan
6.3.4.3. India
6.3.4.4. South Korea
6.3.4.5. Asean Countries
6.3.4.6. Australia & New Zealand
6.3.4.7. Rest of Asia-Pacific
6.4. Latin America
6.4.1. Market by Type
6.4.2. Market by Source
6.4.3. Market by Distributors
6.4.4. Country Analysis
6.4.4.1. Brazil
6.4.4.2. Mexico
6.4.4.3. Rest of Latin America
6.5. Middle East and Africa
6.5.1. Market by Type
6.5.2. Market by Source
6.5.3. Market by Distributors
6.5.4. Country Analysis
6.5.4.1. United Arab Emirates
6.5.4.2. Saudi Arabia
6.5.4.3. Turkey
6.5.4.4. South Africa
6.5.4.5. Rest of Middle East & Africa

7. Competitive Landscape
7.1. Amy's Kitchen
7.2. Beyond Meat Inc
7.3. Blue Diamond Growers
7.4. Califia Farms
7.5. Conagra Brands
7.6. Daiya Foods Inc
7.7. Danone Sa
7.8. Field Roast Grain Meat Co Inc
7.9. Impossible Foods Inc
7.10. Kikkoman Corporation
7.11. Morningstar Farms
7.12. Moving Mountains
7.13. Pacific Foods of Oregon
7.14. Quorn Foods
7.15. Sunfed
7.16. Sweet Earth Inc
7.17. The Hain Celestial Group Inc
7.18. Yofix Probiotics

8. Research Methodology & Scope
8.1. Research Scope & Deliverables
8.2. Sources of Data
8.3. Research Methodology

Table List
Table 1: Global Plant-Based Food and Beverage Market, by Geography, 2021-2028 (In $ Million)
Table 2: Vendor Scorecard
Table 3: Veganism Around the World
Table 4: Population Percentage of Lactose-Intolerant People Across the World
Table 5: Annual Consumption of Cow Milk Worldwide by Country
Table 6: New Product Launches of Plant-Based Products
Table 7: Global Plant-Based Food and Beverage Market, by Type, 2021-2028 (In $ Million)
Table 8: Global Plant-Based Food and Beverage Market, by Source, 2021-2028 (In $ Million)
Table 9: Global Plant-Based Food and Beverage Market, by Distributors, 2021-2028 (In $ Million)
Table 10: Global Plant-Based Food and Beverage Market, by Geography, 2021-2028 (In $ Million)
Table 11: North America Plant-Based Food and Beverage Market, by Country, 2021-2028 (In $ Million)
Table 12: North America Plant-Based Food and Beverage Market, by Type, 2021-2028 (In $ Million)
Table 13: North America Plant-Based Food and Beverage Market, by Source, 2021-2028 (In $ Million)
Table 14: North America Plant-Based Food and Beverage Market, by Distributors, 2021-2028 (In $ Million)
Table 15: Europe Plant-Based Food and Beverage Market, by Country, 2021-2028 (In $ Million)
Table 16: Europe Plant-Based Food and Beverage Market, by Type, 2021-2028 (In $ Million)
Table 17: Europe Plant-Based Food and Beverage Market, by Source, 2021-2028 (In $ Million)
Table 18: Europe Plant-Based Food and Beverage Market, by Distributors, 2021-2028 (In $ Million)
Table 19: Asia-Pacific Plant-Based Food and Beverage Market, by Country, 2021-2028 (In $ Million)
Table 20: Asia-Pacific Plant-Based Food and Beverage Market, by Type, 2021-2028 (In $ Million)
Table 21: Asia-Pacific Plant-Based Food and Beverage Market, by Source, 2021-2028 (In $ Million)
Table 22: Asia-Pacific Plant-Based Food and Beverage Market, by Distributors, 2021-2028 (In $ Million)
Table 23: Latin America Plant-Based Food and Beverage Market, by Country, 2021-2028 (In $ Million)
Table 24: Latin America Plant-Based Food and Beverage Market, by Type, 2021-2028 (In $ Million)
Table 25: Latin America Plant-Based Food and Beverage Market, by Source, 2021-2028 (In $ Million)
Table 26: Latin America Plant-Based Food and Beverage Market, by Distributors, 2021-2028 (In $ Million)
Table 27: Middle East and Africa Plant-Based Food and Beverage Market, by Country, 2021-2028 (In $ Million)
Table 28: Middle East and Africa Plant-Based Food and Beverage Market, by Type, 2021-2028 (In $ Million)
Table 29: Middle East and Africa Plant-Based Food and Beverage Market, by Source, 2021-2028 (In $ Million)
Table 30: Middle East and Africa Plant-Based Food and Beverage Market, by Distributors, 2021-2028 (In $ Million)

Figure List
Figure 1: Market Attractiveness Index
Figure 2: Global Plant-Based Food and Beverage Market, by Type, 2020 & 2028 (In %)
Figure 3: Global Plant-Based Food and Beverage Market, by Dairy, 2021-2028 (In $ Million)
Figure 4: Global Plant-Based Food and Beverage Market, by Meat, 2021-2028 (In $ Million)
Figure 5: Global Plant-Based Food and Beverage Market, by Other Types, 2021-2028 (In $ Million)
Figure 6: Global Plant-Based Food and Beverage Market, by Source, 2020 & 2028 (In %)
Figure 7: Global Plant-Based Food and Beverage Market, by Soy, 2021-2028 (In $ Million)
Figure 8: Global Plant-Based Food and Beverage Market, by Wheat, 2021-2028 (In $ Million)
Figure 9: Global Plant-Based Food and Beverage Market, by Almond, 2021-2028 (In $ Million)
Figure 10: Global Plant-Based Food and Beverage Market, by Corn, 2021-2028 (In $ Million)
Figure 11: Global Plant-Based Food and Beverage Market, by Other Sources, 2021-2028 (In $ Million)
Figure 12: Global Plant-Based Food and Beverage Market, by Distributors, 2020 & 2028 (In %)
Figure 13: Global Plant-Based Food and Beverage Market, by Supermarkets/Hypermarkets, 2021-2028 (In $ Million)
Figure 14: Global Plant-Based Food and Beverage Market, by Convenience Stores, 2021-2028 (In $ Million)
Figure 15: Global Plant-Based Food and Beverage Market, by Specialty Stores, 2021-2028 (In $ Million)
Figure 16: Global Plant-Based Food and Beverage Market, by Online Retail, 2021-2028 (In $ Million)
Figure 17: Global Plant-Based Food and Beverage Market, by Other Distributors, 2021-2028 (In $ Million)
Figure 18: Global Plant-Based Food and Beverage Market, Regional Outlook, 2020 & 2028 (In %)
Figure 19: United States Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 20: Canada Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 21: United Kingdom Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 22: Germany Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 23: France Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 24: Spain Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 25: Italy Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 26: Russia Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 27: Rest of Europe Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 28: China Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 29: Japan Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 30: India Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 31: South Korea Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 32: Asean Countries Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 33: Australia & New Zealand Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 34: Rest of Asia-Pacific Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 35: Brazil Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 36: Mexico Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 37: Rest of Latin America Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 38: United Arab Emirates Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 39: Saudi Arabia Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 40: Turkey Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 41: South Africa Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Figure 42: Rest of Middle East & Africa Plant-Based Food and Beverage Market 2021-2028 (In $ Million)
Note: Product cover images may vary from those shown
  • Amy's Kitchen
  • Beyond Meat Inc
  • Blue Diamond Growers
  • Califia Farms
  • Conagra Brands
  • Daiya Foods Inc
  • Danone Sa
  • Field Roast Grain Meat Co Inc
  • Impossible Foods Inc
  • Kikkoman Corporation
  • Morningstar Farms
  • Moving Mountains
  • Pacific Foods of Oregon
  • Quorn Foods
  • Sunfed
  • Sweet Earth Inc
  • The Hain Celestial Group Inc
  • Yofix Probiotics
Note: Product cover images may vary from those shown

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