"Plant-Based Food and Beverage Market Size and Growth Outlook to 2030"

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 Report Overview:

The report encompasses the latest revenue and trends within the Plant-Based Food and Beverage Market It provides an introduction to the  Plant-Based Food and Beverage  market, defining its scope, structure, and strategies for proactive and pre-planned management. The report hones in on the factors that impact the  Plant-Based Food and Beverage  Market in both positive and negative ways. Additionally, it assists in gauging the prospective growth of the  Plant-Based Food and Beverage  Market in the upcoming forecast years. The report serves as a valuable tool for shaping market strategies and understanding the contextual landscape of the  Plant-Based Food and Beverage  industry.

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Plant-Based Food and Beverage Market Report Scope and Research Methodology:

The primary objective of the Global  Plant-Based Food and Beverage  Market report is to deliver a comprehensive analysis of the market in accessible language for stakeholders. The research has involved segmenting the  Plant-Based Food and Beverage  market into major categories, which were further subdivided into various sub-segments. The report offers a detailed examination of drivers, opportunities, restraints, and challenges within the  Plant-Based Food and Beverage  industry, segmented both regionally and by segment.

The report on the  Plant-Based Food and Beverage  Market furnishes an exhaustive analysis, incorporating historical data, insightful perspectives, facts, and statistically validated market statistics. These statistics are based on a well-founded set of assumptions and methodologies. The collection of data for the  Plant-Based Food and Beverage  market report relied on both primary and secondary research methods. This amalgamated data was meticulously analyzed to produce precise and reliable findings.

Incorporating secondary research, the report delves into annual and financial reports of leading players, while primary research involves interviews with key opinion leaders and experts within the  Plant-Based Food and Beverage  industry, including frontline personnel, entrepreneurs, and marketing professionals. The estimation of the  Plant-Based Food and Beverage  market size was achieved through a bottom-up approach. The report employs SWOT analysis to outline the strengths and weaknesses of the  Plant-Based Food and Beverage  Market, and leverages PESTLE and PORTER analyses to outline the impacts of macroeconomic and microeconomic factors on the global  Plant-Based Food and Beverage  Market.

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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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

The market is divided into Plant-Based Meat Substitutes, Plant-Based Milk Alternatives, and Others based on Type. 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 they don't naturally have as much protein as milk from cows,For plant-based milks to be more nutritionally comparable to dairy milk, many of them are fortified with minerals like calcium, vitamin D, vitamin B12, and protein.

by Distribution Channel

Retail Stores
E-commerce
Foodservice

Plant-Based Food and Beverage Market Regional Insights:

Geographically, the report is segmented into several key countries, with  Plant-Based Food and Beverage  market size, growth rate, import and export of  Plant-Based Food and Beverage  market in these countries, which cover North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and the Middle East and Africa.

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

1.How has the  Plant-Based Food and Beverage  Market  performed so far and how will it perform in the coming years?
2.What is the market segmentation of the global  Plant-Based Food and Beverage  Market ?
3.What is the regional breakup of the global  Plant-Based Food and Beverage  Market ?
4.What are the price trends of various feedstocks in the  Plant-Based Food and Beverage  Market industry?
5.What is the structure of the  Plant-Based Food and Beverage  Market industry and who are the key players?
6.What are the various unit operations involved in a  Plant-Based Food and Beverage  Market processing plant?
7.What is the total size of land required for setting up a  Plant-Based Food and Beverage  Market processing plant?
8.What is the layout of a  Plant-Based Food and Beverage  Market processing plant?
9.What are the machinery requirements for setting up a  Plant-Based Food and Beverage  Market processing plant?
10.What are the raw material requirements for setting up a  Plant-Based Food and Beverage  Market processing plant?
11.What are the packaging requirements for setting up a  Plant-Based Food and Beverage  Market processing plant?
12.What are the transportation requirements for setting up a  Plant-Based Food and Beverage  Market processing plant?
13.What are the utility requirements for setting up a  Plant-Based Food and Beverage  Market processing plant?
14.What are the human resource requirements for setting up a  Plant-Based Food and Beverage  Market processing plant?
15.What are the infrastructure costs for setting up a  Plant-Based Food and Beverage  Market processing plant?
16.What are the capital costs for setting up a  Plant-Based Food and Beverage  Market processing plant?
17.What are the operating costs for setting up a  Plant-Based Food and Beverage  Market processing plant?
18.What should be the pricing mechanism of the final product?
19.What will be the income and expenditures for a  Plant-Based Food and Beverage  Market processing plant?
20.What is the time required to break even?
21.What are the profit projections for setting up a  Plant-Based Food and Beverage  Market processing plant?
22.What are the key success and risk factors in the  Plant-Based Food and Beverage  Market industry?
23.What are the key regulatory procedures and requirements for setting up a  Plant-Based Food and Beverage  Market processing plant?
24.What are the key certifications required for setting up a  Plant-Based Food and Beverage  Market processing plant?

Key Offerings:

  • A detailed Analysis of the Market Overview
  • Market Share, Size Forecast by Revenue 
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
  • Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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