Plant-Based Food and Beverage Market: Surge in Health Awareness Propelling Market Trends (2024-2030)

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Plant-Based Food and Beverage Market size was valued at USD 65.44 Billion in 2023 and the Plant-Based Food and Beverage Market revenue is expected to reach USD 132.81 Billion by 2030, at a CAGR of 10.64% over the forecast period.

Plant-Based Food and Beverage Market Overviews

Maximize Market Research is an Plant-Based Food and Beverage research firm that has published a detailed analysis of the “Plant-Based Food and Beverage Market”. MMR in-depth market assessments in research reports take into account significant technological advancements in the sector. In addition to other areas of expertise, focuses on the analysis of high-tech systems and advanced production systems. The Plant-Based Food and Beverage market report includes key business insights, demand analysis, pricing analysis, and competitive landscape.

Plant-Based Food and Beverage Market Scope and Methodology:

The size of the plant-based food and beverage market was estimated to be worth USD 65.44 billion in 2023, and over the course of the forecast period, it is anticipated that market revenue would grow at a CAGR of 10.64% to reach USD 132.81 billion by 2030.
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Plant-Based Food and Beverage Market Regional Insights

North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa make up the majority of the Plant-Based Food and Beverage market segments. The study includes a detailed analysis of the market size, growth rate, import and export by region, and other factors. The Plant-Based Food and Beverage market status of the various countries featured in the research is provided by the Regional Analysis.

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Plant-Based Food and Beverage Market Segmentation

by Type

Plant-Based Milk Alternatives
Almond milk
Soy milk
Oat milk
Coconut milk
Rice milk
Plant-Based Meat Substitutes
Tofu
Tempeh
Seitan
Others
Others

Plant-Based Milk Alternatives, Plant-Based Meat Substitutes, and Other are the different market segments. Throughout the course of the forecast period, the plant-based Milk Alternatives category is anticipated to maintain its dominant market share in the Plant-Based Food and Beverage market. It led the market in 2023. Non-dairy substitutes for conventional cow's milk are offered in the Plant-Based Milk Alternatives sector of the Plant-Based Food and Beverage business. A number of causes, including the surge in plant-based diets, environmental concerns, dairy allergies, and lactose intolerance, have contributed to the tremendous growth of this market in recent years. The nutritional value of plant-based milk substitutes varies based on the plant source and any fortification that plant-based food and beverage producers add. Although many plant-based milks are not inherently as high in protein as cow's milk,
by Distribution Channel

Retail Stores
E-commerce
Foodservice

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Plant-Based Food and Beverage Market Key Players

North America:
1. Beyond Meat, Inc. - El Segundo, California, United States.
2. Impossible Foods Inc. - Redwood City, California, United States.
3. Danone North America - White Plains, New York, United States.
4. Califia Farms - Los Angeles, California, United States.
5. Daiya Foods Inc. - Vancouver, British Columbia, Canada.
6. Ripple Foods - Emeryville, California, United States.
7. Gardein - Richmond, British Columbia, Canada.
8. Oatly AB - Malmo, Sweden (with significant operations in North America).
9. Tofurky - Hood River, Oregon, United States.
10. Sweet Earth Foods - Moss Landing, California, United States.
Europe
11. Quorn Foods - Stokesley, North Yorkshire, United Kingdom.
12. Violife - Thessaloniki, Greece.
13. Alpro - Ghent, Belgium
14. The Vegetarian Butcher - Breda, Netherlands
15. Plenish - London, United Kingdom.
16. Veganz - Berlin, Germany.
17. Wicked Healthy - London, United Kingdom.
18. Naturli' Foods - Copenhagen, Denmark.
19. Moving Mountains - London, United Kingdom.
20. Vivera - Holten, Netherlands.
Asia-Pacific:
21. Nutritional Holdings Limited - Gold Coast, Queensland, Australia.
22. Sanitarium Health Food Company - Warburton, Victoria, Australia.
23. Nature's Charm - Bangkok, Thailand.
24. Sunfed Meats - Auckland, New Zealand.
25. OmniPork - Hong Kong.
26. Vitasoy International Holdings Limited - Hong Kong.
27. Green Common - Hong Kong.
28. Yum China Holdings, Inc. - Shanghai, China.
29. Cocowhip - Byron Bay, New South Wales, Australia.
30. Otsuka Holdings Co., Ltd. - Tokyo, Japan.

 

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Key questions answered in the Plant-Based Food and Beverage Market are:

  • What is Plant-Based Food and Beverage?
  • What was the Plant-Based Food and Beverage market size in 2023?
  • What is the growth rate of the Plant-Based Food and Beverage Market?
  • Which are the factors expected to drive the Plant-Based Food and Beverage market growth?
  • What are the different segments of the Plant-Based Food and Beverage Market?
  • What growth strategies are the players considering to increase their presence in Plant-Based Food and Beverage?
  • What are the upcoming industry applications and trends for the Plant-Based Food and Beverage Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Plant-Based Food and Beverage Market?
  • Who are the leading companies and what are their portfolios in Plant-Based Food and Beverage Market?
  • What segments are covered in the Plant-Based Food and Beverage Market?
  • Who are the key players in the Plant-Based Food and Beverage market?

 Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size Forecast by Different Segment | 2024−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

About Maximize Market Research:

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