Brooklyn, NY May 26, 2022 (GLOBE NEWSWIRE) — The global »Plant based food market: Analysis of opportunities and assessment of the future for 2022-2030.”, released by Reports and Insights, contains reliable first-hand data, qualitative and quantitative analysis by industry analysts, as well as information from industry experts and stakeholders along the chain. The study examines current market trends, macroeconomic factors, in-depth regional analysis, as well as market attractiveness by segment. The global plant-based food market is expected to reach $75 billion by 2030, with a significant CAGR of 12.4% over the forecast period. Market research involves a SWOT analysis of competitors, including an assessment of the external environment and PEST research. In addition, market analysis suggests business approaches to combat the impact of COVID-19 on the market.
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Introduction to plant foods
Plant foods are generally categorized into vegetables, fruits, seeds, nuts, legumes, and grains; and their processed supplements, including breakfast cereals, fermented and cooked legumes and vegetables, breads, pastas and fruit juices, purees and jams; and, in addition, their final components, such as oilseed herbs obtained from seeds, sugar, butter, and certain spices.
Plant foods can be consumed raw and raw, but in most cases they are refined and processed to make them more edible, safer, and more delicious, especially grain-based foods.
Dynamics of the market for food products of plant origin
Plant-based foods are just as delicious as conventional or animal products. Plant-based foods are trending due to the rapid adoption of a vegetarian or vegan diet by the population, which is associated with the growing moral apprehension of people regarding the slaughter of animals, which, in the first place, is considered to be the main push for the growth of the global plant world. food market in the coming years.
In the same way, the growing attention of the population to their health is also playing a positive role in the growth of the global plant-based food market. In addition, with a sharp increase in severe diseases such as obesity, diabetes, hypertension, acute cardiovascular diseases, people are becoming more and more careful and specific in their regular diet, which further increases the demand for plant-based products worldwide. . world markets. In this regard, the global plant-based food market is forecast to grow substantially during the forecast period.
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Segmentation of the plant food market
The Plant Based Foods market is segmented by product type, source, distribution channel, and region.
By product type
Vegetable eggs/egg substitute
By distribution channel
business to business
Business for clients
Key Players in the Plant Based Foods Market
The key players in the global plant-based food market are Beyond Meat Inc., Impossible Foods Inc., Danone SA, Garden Protein International, Inc., Amy’s Kitchen Inc., Follow Your Heart, The Hain Celestial Group, Inc., Sahmyook. Foods, Sanitarium Health and Wellbeing Company, Axiom Foods, Daiya Foods Inc., Earth’s Own Food Company Inc., Lightlife Foods, Inc., Marlow Foods Ltd., Taifun-Tofu GmbH, Atlantic Natural Foods LLC, BIte Food Ltd and Nutrisoy Pty Ltd. among others
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