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Plant-Based Food Market Research Report Information by Type (Plant-Based Milk and Derivatives, Bakery and Confectionery, Sweet and Savory Snacks, Plant-Based Juices, RTD Tea and Coffee, RTE, RTC Meals, and Others), By Category (Organic, and Conventional), By Distribution Channel (Store-Based, and Non-Store-Based), and By Region (North America, Europe, Asia-Pacific, And Rest of The World) – Market Forecast Till 2032


ID: MRFR/F-B & N/7106-CR | 100 Pages | Author: Snehal Singh| February 2021

Plant-Based Food Type Outlook (USD Million, 2018-2030)




  • Plant-Based Milk and Derivatives




  • Bakery and Confectionery




  • Sweet and Savory Snacks




  • Plant-Based Juices




  • RTD Tea and Coffee




  • RTE




  • RTC Meals




  • Others




Plant-Based Food Category Outlook (USD Million, 2018-2030)




  • Organic




  • Conventional




Plant-Based Food Distribution Channel Outlook (USD Million, 2018-2030)




  • Store-Based




  • Non-Store-Based




Plant-Based Food Regional Outlook (USD Million, 2018-2030)




  • North America Outlook (USD Million, 2018-2030)




    • North America Plant-Based Food by Type




      • Plant-Based Milk and Derivatives




      • Bakery and Confectionery




      • Sweet and Savory Snacks




      • Plant-Based Juices




      • RTD Tea and Coffee




      • RTE




      • RTC Meals




      • Others






    • North America Plant-Based Food by Category




      • Organic




      • Conventional






    • North America Plant-Based Food by Distribution Channel




      • Store-Based




      • Non-Store-Based






    • US Outlook (USD Million, 2018-2030)




    • US Plant-Based Food by Type




      • Plant-Based Milk and Derivatives




      • Bakery and Confectionery




      • Sweet and Savory Snacks




      • Plant-Based Juices




      • RTD Tea and Coffee




      • RTE




      • RTC Meals




      • Others






    • US Plant-Based Food by Category




      • Organic




      • Conventional






    • US Plant-Based Food by Distribution Channel




      • Store-Based




      • Non-Store-Based






    • CANADA Outlook (USD Million, 2018-2030)




    • CANADA Plant-Based Food by Type




      • Plant-Based Milk and Derivatives




      • Bakery and Confectionery




      • Sweet and Savory Snacks




      • Plant-Based Juices




      • RTD Tea and Coffee




      • RTE




      • RTC Meals




      • Others






    • CANADA Plant-Based Food by Category




      • Organic




      • Conventional






    • CANADA Plant-Based Food by Distribution Channel




      • Store-Based




      • Non-Store-Based








  • Europe Outlook (USD Million, 2018-2030)




    • Europe Plant-Based Food by Type




      • Plant-Based Milk and Derivatives




      • Bakery and Confectionery




      • Sweet and Savory Snacks




      • Plant-Based Juices




      • RTD Tea and Coffee




      • RTE




      • RTC Meals




      • Others






    • Europe Plant-Based Food by Category




      • Organic




      • Conventional






    • Europe Plant-Based Food by Distribution Channel




      • Store-Based




      • Non-Store-Based






    • Germany Outlook (USD Million, 2018-2030)




    • Germany Plant-Based Food by Type




      • Plant-Based Milk and Derivatives




      • Bakery and Confectionery




      • Sweet and Savory Snacks




      • Plant-Based Juices




      • RTD Tea and Coffee




      • RTE




      • RTC Meals




      • Others






    • Germany Plant-Based Food by Category




      • Organic




      • Conventional






    • Germany Plant-Based Food by Distribution Channel




      • Store-Based




      • Non-Store-Based






    • France Outlook (USD Million, 2018-2030)




    • France Plant-Based Food by Type




      • Plant-Based Milk and Derivatives




      • Bakery and Confectionery




      • Sweet and Savory Snacks




      • Plant-Based Juices




      • RTD Tea and Coffee




      • RTE




      • RTC Meals




      • Others






    • France Plant-Based Food by Category




      • Organic




      • Conventional






    • France Plant-Based Food by Distribution Channel




      • Store-Based




      • Non-Store-Based






    • UK Outlook (USD Million, 2018-2030)




    • UK Plant-Based Food by Type




      • Plant-Based Milk and Derivatives




      • Bakery and Confectionery




      • Sweet and Savory Snacks




      • Plant-Based Juices




      • RTD Tea and Coffee




      • RTE




      • RTC Meals




      • Others






    • UK Plant-Based Food by Category




      • Organic




      • Conventional






    • UK Plant-Based Food by Distribution Channel




      • Store-Based




      • Non-Store-Based






    • ITALY Outlook (USD Million, 2018-2030)




    • ITALY Plant-Based Food by Type




      • Plant-Based Milk and Derivatives




      • Bakery and Confectionery




      • Sweet and Savory Snacks




      • Plant-Based Juices




      • RTD Tea and Coffee




      • RTE




      • RTC Meals




      • Others






    • ITALY Plant-Based Food by Category




      • Organic




      • Conventional






    • ITALY Plant-Based Food by Distribution Channel




      • Store-Based




      • Non-Store-Based











    • SPAIN Outlook (USD Million, 2018-2030)




    • Spain Plant-Based Food by Type




      • Plant-Based Milk and Derivatives




      • Bakery and Confectionery




      • Sweet and Savory Snacks




      • Plant-Based Juices




      • RTD Tea and Coffee




      • RTE




      • RTC Meals




      • Others






    • Spain Plant-Based Food by Category




      • Organic




      • Conventional






    • Spain Plant-Based Food by Distribution Channel




      • Store-Based




      • Non-Store-Based






    • Rest Of Europe Outlook (USD Million, 2018-2030)




    • Rest Of Europe Plant-Based Food by Type




      • Plant-Based Milk and Derivatives




      • Bakery and Confectionery




      • Sweet and Savory Snacks




      • Plant-Based Juices




      • RTD Tea and Coffee




      • RTE




      • RTC Meals




      • Others






    • REST OF EUROPE Plant-Based Food by Category




      • Organic




      • Conventional






    • REST OF EUROPE Plant-Based Food by Distribution Channel




      • Store-Based




      • Non-Store-Based







  • Asia-Pacific Outlook (USD Million, 2018-2030)




    • Asia-Pacific Plant-Based Food by Type




      • Plant-Based Milk and Derivatives




      • Bakery and Confectionery




      • Sweet and Savory Snacks




      • Plant-Based Juices




      • RTD Tea and Coffee




      • RTE




      • RTC Meals




      • Others






    • Asia-Pacific Plant-Based Food by Category




      • Organic




      • Conventional






    • Asia-Pacific Plant-Based Food by Distribution Channel




      • Store-Based




      • Non-Store-Based






    • China Outlook (USD Million, 2018-2030)




    • China Plant-Based Food by Type




      • Plant-Based Milk and Derivatives




      • Bakery and Confectionery




      • Sweet and Savory Snacks




      • Plant-Based Juices




      • RTD Tea and Coffee




      • RTE




      • RTC Meals




      • Others






    • China Plant-Based Food by Category




      • Organic




      • Conventional






    • China Plant-Based Food by Distribution Channel




      • Store-Based




      • Non-Store-Based






    • Japan Outlook (USD Million, 2018-2030)




    • Japan Plant-Based Food by Type




      • Plant-Based Milk and Derivatives




      • Bakery and Confectionery




      • Sweet and Savory Snacks




      • Plant-Based Juices




      • RTD Tea and Coffee




      • RTE




      • RTC Meals




      • Others






    • Japan Plant-Based Food by Category




      • Organic




      • Conventional






    • Japan Plant-Based Food by Distribution Channel




      • Store-Based




      • Non-Store-Based






    • India Outlook (USD Million, 2018-2030)




    • India Plant-Based Food by Type




      • Plant-Based Milk and Derivatives




      • Bakery and Confectionery




      • Sweet and Savory Snacks




      • Plant-Based Juices




      • RTD Tea and Coffee




      • RTE




      • RTC Meals




      • Others






    • India Plant-Based Food by Category




      • Organic




      • Conventional






    • India Plant-Based Food by Distribution Channel




      • Store-Based




      • Non-Store-Based






    • Australia Outlook (USD Million, 2018-2030)




    • Australia Plant-Based Food by Type




      • Plant-Based Milk and Derivatives




      • Bakery and Confectionery




      • Sweet and Savory Snacks




      • Plant-Based Juices




      • RTD Tea and Coffee




      • RTE




      • RTC Meals




      • Others






    • Australia Plant-Based Food by Category




      • Organic




      • Conventional






    • Australia Plant-Based Food by Distribution Channel




      • Store-Based




      • Non-Store-Based






    • Rest of Asia-Pacific Outlook (USD Million, 2018-2030)




    • Rest of Asia-Pacific Plant-Based Food by Type




      • Plant-Based Milk and Derivatives




      • Bakery and Confectionery




      • Sweet and Savory Snacks




      • Plant-Based Juices




      • RTD Tea and Coffee




      • RTE




      • RTC Meals




      • Others






    • Rest of Asia-Pacific Plant-Based Food by Category




      • Organic




      • Conventional






    • Rest of Asia-Pacific Plant-Based Food by Distribution Channel




      • Store-Based




      • Non-Store-Based








  • Rest of the World Outlook (USD Million, 2018-2030)




    • Rest of the World Plant-Based Food by Type




      • Plant-Based Milk and Derivatives




      • Bakery and Confectionery




      • Sweet and Savory Snacks




      • Plant-Based Juices




      • RTD Tea and Coffee




      • RTE




      • RTC Meals




      • Others






    • Rest of the World Plant-Based Food by Category




      • Organic




      • Conventional






    • Rest of the World Plant-Based Food by Distribution Channel




      • Store-Based




      • Non-Store-Based








 





    • Middle East Outlook (USD Million, 2018-2030)




    • Middle East Plant-Based Food by Type




      • Plant-Based Milk and Derivatives




      • Bakery and Confectionery




      • Sweet and Savory Snacks




      • Plant-Based Juices




      • RTD Tea and Coffee




      • RTE




      • RTC Meals




      • Others






    • Middle East Plant-Based Food by Category




      • Organic




      • Conventional






    • Middle East Plant-Based Food by Distribution Channel




      • Store-Based




      • Non-Store-Based






    • Africa Outlook (USD Million, 2018-2030)




    • Africa Plant-Based Food by Type




      • Plant-Based Milk and Derivatives




      • Bakery and Confectionery




      • Sweet and Savory Snacks




      • Plant-Based Juices




      • RTD Tea and Coffee




      • RTE




      • RTC Meals




      • Others






    • Africa Plant-Based Food by Category




      • Organic




      • Conventional






    • Africa Plant-Based Food by Distribution Channel




      • Store-Based




      • Non-Store-Based






    • Latin America Outlook (USD Million, 2018-2030)




    • Latin America Plant-Based Food by Type




      • Plant-Based Milk and Derivatives




      • Bakery and Confectionery




      • Sweet and Savory Snacks




      • Plant-Based Juices




      • RTD Tea and Coffee




      • RTE




      • RTC Meals




      • Others






    • Latin America Plant-Based Food by Category




      • Organic




      • Conventional






    • Latin America Plant-Based Food by Distribution Channel




      • Store-Based




      • Non-Store-Based






Research Methodology on Plant-Based Food Market


Market Research Future (MRFR) has developed a global plant-based food market research report with the help of a comprehensive methodology. This research study mainly focuses on the historical and forecast global plant-based food market outlook, with secondary data sources such as industry interviews, PubMed, journals, magazines, and interviews.


Primary Research


The primary research component of the report is based on data collected through interviews. MRFR conducted both in-depth interviews and one-on-one interviews with executives and stakeholders and customers of the plant-based food market. The interviews are conducted within the Asia-Pacific, North America, Europe, and Latin America regions, to understand their perspective on the global plant-based food market. Further, primary research is also conducted to identify product pricing and industry trends in different forms, such as retail prices, wholesale prices, and regional prices.


Secondary Research


The secondary research component of this report comprises various sources, such as trade journals, paid databases, company websites and presentations, industry associations, and company press releases. The report is developed based on secondary research and primary data collection methodology.


Market Sizing


The Market Sizing metric of the Report is based on the evaluation and comparison of the region-wise market share and expenditure for the different product types. For instance, the market share of Plant Based Food in North America is gauged by taking into consideration the current expenditure and market size in the US and Canada. Moreover, MRFR collected historical market data and analyzed the global plant-based food market trends to identify and estimate the size of different market segments.


Data Triangulation


The Data Triangulation method is used to validate the Market Sizing, with the help of secondary data sources and primary activities. The consumption values and pricing trends for the different types of plant-based food are triangulated based on the consumption trends, processing chain, value chain, and supply chain, in the respective market segments. This methodology is used to create comprehensive insights into this market, in terms of price and usage, globally. Furthermore, the data triangulation method is used to validate the estimates and figures mentioned in the report.


Market breakdown and data triangulation


The Market Breakdown and Data Triangulation process are used to analyze the market size of the global plant-based food market. The market size is broken down based on product type, end-use, distribution channel, and region. Further, the secondary and primary sources of data are triangulated to gain a holistic view of the market.


Model Evaluation


The Market Model Evaluation process is used to evaluate the data collected from diverse sources and secondary sources. Data is evaluated from five viewpoints and the relative weightage of the impact that each of these views had on the market is extrapolated. Furthermore, the quantitative model assessment is used to validate the data and the results that are generated from the different sources.


Vendor Analysis


The vendor analysis process is used to evaluate the different products and services offered by the prominent players in the global plant-based food market. The financial and business performance of the major manufacturers and their strategies for growth and production capabilities are studied in detail. Further, the vendor landscape of this market is profiled with the help of Porter’s Five Forces Model.


End-user Analysis


The end-user analysis process is used to analyze the different types of end-users and their usage patterns of plant-based food. This analysis provides valuable insights into user demand and preferences which will help the market players to plan their product strategies accordingly.


Primary sources



  • Industry experts

  • Executives

  • Stakeholders


Secondary sources



  • White papers

  • Company press releases

  • Trade magazines

  • Government websites

  • Industry reports

  • Investment reports

  • Conference proceedings

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1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS 15

1.1.1 GLOBAL PLANT-BASED FOOD MARKET, BY TYPE 16

1.1.2 GLOBAL PLANT-BASED FOOD MARKET, BY CATEGORY 17

1.1.3 GLOBAL PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL 18

1.1.4 GLOBAL PLANT-BASED FOOD MARKET, BY REGION 19

2 MARKET INTRODUCTION

2.1 DEFINITION 20

2.2 SCOPE OF THE STUDY 20

2.3 RESEARCH OBJECTIVE 20

2.4 MARKET STRUCTURE 21

2.5 KEY BUYING CRITERIA 21

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS 22

3.2 PRIMARY RESEARCH 23

3.3 SECONDARY RESEARCH 24

3.4 MARKET SIZE ESTIMATION 24

3.5 FORECAST MODEL 26

3.6 LIST OF ASSUMPTIONS 27

4 MARKET INSIGHTS

5 MARKET DYNAMICS

5.1 INTRODUCTION 30

5.2 DRIVERS 31

5.2.1 RISING PREVALENCE OF LACTOSE INTOLERANCE 31

5.2.2 INCREASING ADOPTION OF VEGETARIAN AND VEGAN DIET 31

5.2.3 DRIVERS IMPACT ANALYSIS 32

5.3 RESTRAINT 32

5.3.1 POOR SENSORY PROPERTIES AND ALLERGEN REACTION ASSOCIATED TO CERTAIN PLANT PROTEIN SOURCES 32

5.3.2 RESTRAINT IMPACT ANALYSIS 33

5.4 OPPORTUNITIES 33

5.4.1 RISING ADOPTION OF PLANT-PROTEIN INGREDIENTS AMONG THE FOOD & BEVERAGES MANUFACTURERS 33

5.4.2 GROWTH OF THE ORGANIZED RETAIL SECTOR IN EMERGING ECONOMIES 34

5.5 CHALLENGES 34

5.5.1 CONSUMER PREFERENCE 34

6 MARKET FACTOR ANALYSIS

6.1 VALUE CHAIN ANALYSIS 35

6.1.1 RAW MATERIAL PROCUREMENT 36

6.1.2 PROCESSING 37

6.1.3 PACKAGING 37

6.2 SUPPLY CHAIN ANALYSIS 38

6.3 PORTER’S FIVE FORCES MODEL 39

6.3.1 THREAT OF NEW ENTRANTS 40

6.3.2 BARGAINING POWER OF SUPPLIERS 40

6.3.3 BARGAINING POWER OF BUYERS 40

6.3.4 THREAT OF SUBSTITUTES 40

6.3.5 INTENSITY OF RIVALRY 40

6.4 IMPACT OF COVID-19 PANDEMIC ON THE GLOBAL PLANT-BASED FOOD MARKET 41

7 PLANT-BASED FOOD MARKET, BY TYPE

7.1 OVERVIEW 42

7.1.1 GLOBAL PLANT-BASED FOOD MARKET ESTIMATES & FORECAST, BY TYPE, 2024-20300 43

7.2 PLANT-BASED MILK & DERIVATIVES 43

7.2.1 PLANT-BASED MILK & DERIVATIVES: MARKET ESTIMATES & FORECAST, BY REGION, 2024-20300 44

7.3 BAKERY & CONFECTIONERY 44

7.3.1 BAKERY & CONFECTIONERY: MARKET ESTIMATES & FORECAST, BY REGION, 2024-20300 45

7.4 SWEET & SAVORY SNACKS 45

7.4.1 SWEET & SAVORY SNACKS: MARKET ESTIMATES & FORECAST, BY REGION, 2024-20300 45

7.5 PLANT-BASED JUICES 46

7.5.1 PLANT-BASED JUICES: MARKET ESTIMATES & FORECAST, BY REGION, 2024-20300 46

7.6 RTD TEA & COFFEE 46

7.6.1 RTD TEA & COFFEE: MARKET ESTIMATES & FORECAST, BY REGION, 2024-20300 47

7.7 RTE & RTC MEALS 47

7.7.1 RTE & RTC MEALS: MARKET ESTIMATES & FORECAST, BY REGION, 2024-20300 47

7.8 OTHERS 48

7.8.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2024-20300 48

8 PLANT-BASED FOOD MARKET, BY CATEGORY

8.1 OVERVIEW 49

8.1.1 GLOBAL PLANT-BASED FOOD MARKET ESTIMATES & FORECAST, BY CATEGORY, 2024-20300 50

8.2 CONVENTIONAL 50

8.2.1 CONVENTIONAL: MARKET ESTIMATES & FORECAST, BY REGION, 2024-20300 50

8.3 ORGANIC 51

8.3.1 ORGANIC: MARKET ESTIMATES & FORECAST, BY REGION, 2024-20300 51

9 PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

9.1 OVERVIEW 52

9.1.1 GLOBAL PLANT-BASED FOOD MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2024-20300 53

9.2 STORE-BASED 53

9.2.1 STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2024-20300 54

9.3 NON-STORE-BASED 54

9.3.1 NON-STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2024-20300 54

10 GLOBAL PLANT-BASED FOOD MARKET, BY REGION

10.1 OVERVIEW 55

10.2 NORTH AMERICA 57

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.2.1 US 60

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.2.2 CANADA 62

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.2.3 MEXICO 64

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.3 EUROPE 66

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.3.1 GERMANY 69

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.3.2 UK 70

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.3.3 FRANCE 72

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.3.4 SPAIN 74

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.3.5 ITALY 75

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.3.6 REST OF EUROPE 77

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.4 ASIA-PACIFIC 79

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.4.1 CHINA 82

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.4.2 JAPAN 84

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.4.3 INDIA 86

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.4.4 AUSTRALIA 87

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.4.5 NEW ZEALAND 89

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.4.6 REST OF ASIA-PACIFIC 91

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.5 REST OF THE WORLD 93

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.5.1 SOUTH AMERICA 96

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.5.2 MIDDLE EAST 98

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.5.3 AFRICA 100

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

11 SMALL & MEDIUM-SCALE ENTERPRISES AND START-UPS IN PLANT-BASED CHEESE MARKET

11.1 OVERVIEW OF SMALL & MEDIUM-SCALE ENTERPRISES AND START-UPS OPERATING WITHIN THE PLANT-BASED CHEESE MARKET 102

12 COMPETITIVE LANDSCAPE

12.1 COMPETITIVE OVERVIEW 103

12.2 MARKET STRATEGY ANALYSIS 103

12.3 KEY DEVELOPMENTS 104

12.4 COMPETITIVE BENCHMARKING 106

13 COMPANY PROFILES

13.1 TYSON FOODS, INC. 107

13.1.1 COMPANY OVERVIEW 107

13.1.2 FINANCIAL OVERVIEW 108

13.1.3 PRODUCTS OFFERED 108

13.1.4 KEY DEVELOPMENTS 109

13.1.5 KEY STRATEGIES 109

13.2 DANONE SA 110

13.2.1 COMPANY OVERVIEW 110

13.2.2 FINANCIAL OVERVIEW 110

13.2.3 PRODUCTS OFFERED 111

13.2.4 KEY DEVELOPMENTS 111

13.2.5 SWOT ANALYSIS 112

13.2.6 KEY STRATEGIES 112

13.3 NESTLÉ S.A. 113

13.3.1 COMPANY OVERVIEW 113

13.3.2 FINANCIAL OVERVIEW 113

13.3.3 PRODUCTS OFFERED 114

13.3.4 KEY DEVELOPMENTS 114

13.3.5 SWOT ANALYSIS 115

13.3.6 KEY STRATEGIES 116

13.4 GENERAL MILLS, INC. 117

13.4.1 COMPANY OVERVIEW 117

13.4.2 FINANCIAL OVERVIEW 117

13.4.3 PRODUCTS OFFERED 118

13.4.4 KEY DEVELOPMENTS 118

13.4.5 SWOT ANALYSIS 119

13.4.6 KEY STRATEGIES 119

13.5 CLARA FOODS 120

13.5.1 COMPANY OVERVIEW 120

13.5.2 FINANCIAL OVERVIEW 120

13.5.3 PRODUCTS OFFERED 120

13.5.4 KEY DEVELOPMENTS 120

13.5.5 KEY STRATEGIES 120

13.6 KEYSTONE NATURAL HOLDINGS 121

13.6.1 COMPANY OVERVIEW 121

13.6.2 FINANCIAL OVERVIEW 121

13.6.3 PRODUCTS OFFERED 121

13.6.4 KEY DEVELOPMENTS 121

13.6.5 KEY STRATEGIES 121

13.7 PREMIER FOODS PLC 122

13.7.1 COMPANY OVERVIEW 122

13.7.2 FINANCIAL OVERVIEW 122

13.7.3 PRODUCTS OFFERED 123

13.7.4 KEY DEVELOPMENTS 123

13.7.5 SWOT ANALYSIS 124

13.7.6 KEY STRATEGIES 124

13.8 DEL MONTE FRESH PRODUCE N.A., INC. 125

13.8.1 COMPANY OVERVIEW 125

13.8.2 FINANCIAL OVERVIEW 125

13.8.3 PRODUCTS OFFERED 126

13.8.4 KEY DEVELOPMENTS 126

13.8.5 KEY STRATEGIES 126

13.9 AMY’S KITCHEN 127

13.9.1 COMPANY OVERVIEW 127

13.9.2 FINANCIAL OVERVIEW 127

13.9.3 PRODUCTS OFFERED 127

13.9.4 KEY DEVELOPMENTS 127

13.9.5 SWOT ANALYSIS 128

13.9.6 KEY STRATEGIES 128

14 REFERENCES

15 LIST OF TABLES

TABLE 1 PRIMARY INTERVIEWS 23

TABLE 2 LIST OF ASSUMPTIONS 27

TABLE 3 FAT, PROTEIN, AND CALORIE CONTENT PROFILE OF VARIOUS MILK SOURCES 31

TABLE 4 GLOBAL PLANT-BASED FOOD MARKET ESTIMATES & FORECAST, BY TYPE, 2024-20300 (USD MILLION) 43

TABLE 5 PLANT-BASED MILK & DERIVATIVES: MARKET ESTIMATES & FORECAST, BY REGION, 2024-20300 (USD MILLION) 44

TABLE 6 BAKERY & CONFECTIONERY: MARKET ESTIMATES & FORECAST, BY REGION, 2024-20300 (USD MILLION) 45

TABLE 7 SWEET & SAVORY SNACKS: MARKET ESTIMATES & FORECAST, BY REGION, 2024-20300 (USD MILLION) 45

TABLE 8 PLANT-BASED JUICES: MARKET ESTIMATES & FORECAST, BY REGION, 2024-20300 (USD MILLION) 46

TABLE 9 RTD TEA & COFFEE: MARKET ESTIMATES & FORECAST, BY REGION, 2024-20300 (USD MILLION) 47

TABLE 10 RTE & RTC MEALS: MARKET ESTIMATES & FORECAST, BY REGION, 2024-20300 (USD MILLION) 47

TABLE 11 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2024-20300 (USD MILLION) 48

TABLE 12 GLOBAL PLANT-BASED FOOD MARKET ESTIMATES & FORECAST, BY CATEGORY, 2024-20300 (USD MILLION) 50

TABLE 13 CONVENTIONAL: MARKET ESTIMATES & FORECAST, BY REGION, 2024-20300 (USD MILLION) 50

TABLE 14 ORGANIC: MARKET ESTIMATES & FORECAST, BY REGION, 2024-20300 (USD MILLION) 51

TABLE 15 GLOBAL PLANT-BASED FOOD MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2024-20300 (USD MILLION) 53

TABLE 16 STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2024-20300 (USD MILLION) 54

TABLE 17 NON-STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2024-20300 (USD MILLION) 54

TABLE 18 GLOBAL PLANT-BASED FOOD MARKET ESTIMATES & FORECAST, BY REGION, 2024-20300 (USD MILLION) 56

TABLE 19 NORTH AMERICA: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2024-20300 (USD MILLION) 58

TABLE 20 NORTH AMERICA: PLANT-BASED FOOD MARKET, BY TYPE, 2024-20300 (USD MILLION) 58

TABLE 21 NORTH AMERICA: PLANT-BASED FOOD MARKET, BY CATEGORY, 2024-20300 (USD MILLION) 59

TABLE 22 NORTH AMERICA: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2024-20300 (USD MILLION) 59

TABLE 23 US: PLANT-BASED FOOD MARKET, BY TYPE, 2024-20300 (USD MILLION) 60

TABLE 24 US: PLANT-BASED FOOD MARKET, BY CATEGORY, 2024-20300 (USD MILLION) 61

TABLE 25 US: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2024-20300 (USD MILLION) 61

TABLE 26 CANADA: PLANT-BASED FOOD MARKET, BY TYPE, 2024-20300 (USD MILLION) 62

TABLE 27 CANADA: PLANT-BASED FOOD MARKET, BY CATEGORY, 2024-20300 (USD MILLION) 63

TABLE 28 CANADA: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2024-20300 (USD MILLION) 63

TABLE 29 MEXICO: PLANT-BASED FOOD MARKET, BY TYPE, 2024-20300 (USD MILLION) 64

TABLE 30 MEXICO: PLANT-BASED FOOD MARKET, BY CATEGORY, 2024-20300 (USD MILLION) 65

TABLE 31 MEXICO: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2024-20300 (USD MILLION) 65

TABLE 32 EUROPE: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2024-20300 (USD MILLION) 67

TABLE 33 EUROPE: PLANT-BASED FOOD MARKET, BY TYPE, 2024-20300 (USD MILLION) 67

TABLE 34 EUROPE: PLANT-BASED FOOD MARKET, BY CATEGORY, 2024-20300 (USD MILLION) 68

TABLE 35 EUROPE: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2024-20300 (USD MILLION) 68

TABLE 36 GERMANY: PLANT-BASED FOOD MARKET, BY TYPE, 2024-20300 (USD MILLION) 69

TABLE 37 GERMANY: PLANT-BASED FOOD MARKET, BY CATEGORY, 2024-20300 (USD MILLION) 69

TABLE 38 GERMANY: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2024-20300 (USD MILLION) 70

TABLE 39 UK: PLANT-BASED FOOD MARKET, BY TYPE, 2024-20300 (USD MILLION) 70

TABLE 40 UK: PLANT-BASED FOOD MARKET, BY CATEGORY, 2024-20300 (USD MILLION) 71

TABLE 41 UK: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2024-20300 (USD MILLION) 71

TABLE 42 FRANCE: PLANT-BASED FOOD MARKET, BY TYPE, 2024-20300 (USD MILLION) 72

TABLE 43 FRANCE: PLANT-BASED FOOD MARKET, BY CATEGORY, 2024-20300 (USD MILLION) 73

TABLE 44 FRANCE: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2024-20300 (USD MILLION) 73

TABLE 45 SPAIN: PLANT-BASED FOOD MARKET, BY TYPE, 2024-20300 (USD MILLION) 74

TABLE 46 SPAIN: PLANT-BASED FOOD MARKET, BY CATEGORY, 2024-20300 (USD MILLION) 74

TABLE 47 SPAIN: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2024-20300 (USD MILLION) 75

TABLE 48 ITALY: PLANT-BASED FOOD MARKET, BY TYPE, 2024-20300 (USD MILLION) 75

TABLE 49 ITALY: PLANT-BASED FOOD MARKET, BY CATEGORY, 2024-20300 (USD MILLION) 76

TABLE 50 ITALY: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2024-20300 (USD MILLION) 76

TABLE 51 REST OF EUROPE: PLANT-BASED FOOD MARKET, BY TYPE, 2024-20300 (USD MILLION) 77

TABLE 52 REST OF EUROPE: PLANT-BASED FOOD MARKET, BY CATEGORY, 2024-20300 (USD MILLION) 78

TABLE 53 REST OF EUROPE: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2024-20300 (USD MILLION) 78

TABLE 54 ASIA-PACIFIC: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2024-20300 (USD MILLION) 80

TABLE 55 ASIA-PACIFIC: PLANT-BASED FOOD MARKET, BY TYPE, 2024-20300 (USD MILLION) 80

TABLE 56 ASIA-PACIFIC: PLANT-BASED FOOD MARKET, BY CATEGORY, 2024-20300 (USD MILLION) 81

TABLE 57 ASIA-PACIFIC: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2024-20300 (USD MILLION) 81

TABLE 58 CHINA: PLANT-BASED FOOD MARKET, BY TYPE, 2024-20300 (USD MILLION) 82

TABLE 59 CHINA: PLANT-BASED FOOD MARKET, BY CATEGORY, 2024-20300 (USD MILLION) 83

TABLE 60 CHINA: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2024-20300 (USD MILLION) 83

TABLE 61 JAPAN: PLANT-BASED FOOD MARKET, BY TYPE, 2024-20300 (USD MILLION) 84

TABLE 62 JAPAN: PLANT-BASED FOOD MARKET, BY CATEGORY, 2024-20300 (USD MILLION) 85

TABLE 63 JAPAN: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2024-20300 (USD MILLION) 85

TABLE 64 INDIA: PLANT-BASED FOOD MARKET, BY TYPE, 2024-20300 (USD MILLION) 86

TABLE 65 INDIA: PLANT-BASED FOOD MARKET, BY CATEGORY, 2024-20300 (USD MILLION) 86

TABLE 66 INDIA: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2024-20300 (USD MILLION) 87

TABLE 67 AUSTRALIA: PLANT-BASED FOOD MARKET, BY TYPE, 2024-20300 (USD MILLION) 87

TABLE 68 AUSTRALIA: PLANT-BASED FOOD MARKET, BY CATEGORY, 2024-20300 (USD MILLION) 88

TABLE 69 AUSTRALIA: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2024-20300 (USD MILLION) 88

TABLE 70 NEW ZEALAND: PLANT-BASED FOOD MARKET, BY TYPE, 2024-20300 (USD MILLION) 89

TABLE 71 NEW ZEALAND: PLANT-BASED FOOD MARKET, BY CATEGORY, 2024-20300 (USD MILLION) 90

TABLE 72 NEW ZEALAND: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2024-20300 (USD MILLION) 90

TABLE 73 REST OF ASIA-PACIFIC: PLANT-BASED FOOD MARKET, BY TYPE, 2024-20300 (USD MILLION) 91

TABLE 74 REST OF ASIA-PACIFIC: PLANT-BASED FOOD MARKET, BY CATEGORY, 2024-20300 (USD MILLION) 92

TABLE 75 REST OF ASIA-PACIFIC: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2024-20300 (USD MILLION) 92

TABLE 76 REST OF THE WORLD: MARKET ESTIMATES & FORECAST, BY REGION, 2024-20300 (USD MILLION) 93

TABLE 77 REST OF THE WORLD: PLANT-BASED FOOD MARKET, BY TYPE, 2024-20300 (USD MILLION) 94

TABLE 78 REST OF THE WORLD: PLANT-BASED FOOD MARKET, BY CATEGORY, 2024-20300 (USD MILLION) 95

TABLE 79 REST OF THE WORLD: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2024-20300 (USD MILLION) 95

TABLE 80 SOUTH AMERICA: PLANT-BASED FOOD MARKET, BY TYPE, 2024-20300 (USD MILLION) 96

TABLE 81 SOUTH AMERICA: PLANT-BASED FOOD MARKET, BY CATEGORY, 2024-20300 (USD MILLION) 97

TABLE 82 SOUTH AMERICA: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2024-20300 (USD MILLION) 97

TABLE 83 MIDDLE EAST: PLANT-BASED FOOD MARKET, BY TYPE, 2024-20300 (USD MILLION) 98

TABLE 84 MIDDLE EAST: PLANT-BASED FOOD MARKET, BY CATEGORY, 2024-20300 (USD MILLION) 99

TABLE 85 MIDDLE EAST: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2024-20300 (USD MILLION) 99

TABLE 86 AFRICA: PLANT-BASED FOOD MARKET, BY TYPE, 2024-20300 (USD MILLION) 100

TABLE 87 AFRICA: PLANT-BASED FOOD MARKET, BY CATEGORY, 2024-20300 (USD MILLION) 101

TABLE 88 AFRICA: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2024-20300 (USD MILLION) 101

TABLE 89 OVERVIEW OF SMALL & MEDIUM-SCALE ENTERPRISES AND START-UPS OPERATING WITHIN

THE PLANT-BASED CHEESE MARKET 102

TABLE 90 KEY DEVELOPMENTS 104

TABLE 91 TYSON FOODS, INC.: PRODUCTS OFFERED 108

TABLE 92 TYSON FOODS, INC.: KEY DEVELOPMENTS 109

TABLE 93 DANONE SA: PRODUCTS OFFERED 111

TABLE 94 DANONE SA: KEY DEVELOPMENTS 111

TABLE 95 NESTLÉ S.A.: PRODUCTS OFFERED 114

TABLE 96 NESTLÉ S.A.: KEY DEVELOPMENTS 114

TABLE 97 GENERAL MILLS, INC.: PRODUCTS OFFERED 118

TABLE 98 GENERAL MILLS, INC.: KEY DEVELOPMENTS 118

TABLE 99 CLARA FOODS: PRODUCTS OFFERED 120

TABLE 100 KEYSTONE NATURAL HOLDINGS: PRODUCTS OFFERED 121

TABLE 101 PREMIER FOODS PLC: PRODUCTS OFFERED 123

TABLE 102 PREMIER FOODS PLC: KEY DEVELOPMENTS 123

TABLE 103 DEL MONTE FRESH PRODUCE N.A., INC.: PRODUCTS OFFERED 126

TABLE 104 AMY’S KITCHEN: PRODUCTS OFFERED 127

16 LIST OF FIGURES

FIGURE 1 MARKET SYNOPSIS 14

FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL PLANT-BASED FOOD MARKET, 2022 15

FIGURE 3 GLOBAL PLANT-BASED FOOD MARKET ANALYSIS, BY TYPE 16

FIGURE 4 GLOBAL PLANT-BASED FOOD MARKET ANALYSIS, BY CATEGORY 17

FIGURE 5 GLOBAL PLANT-BASED FOOD MARKET ANALYSIS, BY DISTRIBUTION CHANNEL 18

FIGURE 6 GLOBAL PLANT-BASED FOOD MARKET ANALYSIS, BY REGION, 2022 19

FIGURE 7 GLOBAL PLANT-BASED FOOD MARKET: STRUCTURE 21

FIGURE 8 KEY BUYING CRITERIA FOR PLANT-BASED FOOD 21

FIGURE 9 RESEARCH PROCESS 22

FIGURE 10 TOP-DOWN AND BOTTOM-UP APPROACHES 25

FIGURE 11 NORTH AMERICA: PLANT-BASED FOOD MARKET SIZE, BY COUNTRY (2022 VS. 2026) 28

FIGURE 12 EUROPE: PLANT-BASED FOOD MARKET SIZE, BY COUNTRY (2022 VS. 2026) 28

FIGURE 13 ASIA-PACIFIC: PLANT-BASED FOOD MARKET SIZE, BY COUNTRY (2022 VS. 2026) 29

FIGURE 14 REST OF THE WORLD: PLANT-BASED FOOD MARKET SIZE, BY REGION (2022 VS. 2026) 29

FIGURE 15 MARKET DYNAMICS OVERVIEW 30

FIGURE 16 DRIVERS IMPACT ANALYSIS: GLOBAL PLANT-BASED FOOD MARKET 32

FIGURE 17 RESTRAINT IMPACT ANALYSIS: GLOBAL PLANT-BASED FOOD MARKET 33

FIGURE 18 VALUE CHAIN: PLANT-BASED MILK 36

FIGURE 19 GLOBAL PLANT-BASED FOOD MARKET: SUPPLY CHAIN ANALYSIS 38

FIGURE 20 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL PLANT-BASED FOOD MARKET 39

FIGURE 21 GLOBAL PLANT-BASED FOOD MARKET, BY TYPE, 2022 (% SHARE) 42

FIGURE 22 GLOBAL PLANT-BASED FOOD MARKET, BY TYPE, 2024-20300 (USD MILLION) 42

FIGURE 23 GLOBAL PLANT-BASED FOOD MARKET, BY CATEGORY, 2022 (% SHARE) 49

FIGURE 24 GLOBAL PLANT-BASED FOOD MARKET, BY CATEGORY, 2024-20300 (USD MILLION) 49

FIGURE 25 GLOBAL PLANT-BASED FOOD MARKET SHARE, BY DISTRIBUTION CHANNEL, 2022 (% SHARE) 52

FIGURE 26 GLOBAL PLANT-BASED FOOD MARKET SIZE, BY DISTRIBUTION CHANNEL, 2024-20300 (USD MILLION) 52

FIGURE 27 GLOBAL PLANT-BASED FOOD MARKET, BY REGION, 2024-20300 (USD MILLION) 55

FIGURE 28 GLOBAL PLANT-BASED FOOD MARKET, BY REGION, 2022 (% SHARE) 56

FIGURE 29 NORTH AMERICA: PLANT-BASED FOOD MARKET SHARE, BY COUNTRY, 2022 (% SHARE) 57

FIGURE 30 EUROPE: PLANT-BASED FOOD MARKET SHARE, BY COUNTRY, 2022 (% SHARE) 66

FIGURE 31 ASIA-PACIFIC: PLANT-BASED FOOD MARKET SHARE, BY COUNTRY, 2022 (% SHARE) 79

FIGURE 32 REST OF THE WORLD: PLANT-BASED FOOD MARKET SHARE, BY REGION, 2018 (% SHARE) 93

FIGURE 33 MAJOR MANUFACTURERS’ STRATEGY ANALYSIS, 2022 103

FIGURE 34 BENCHMARKING OF MAJOR COMPETITORS 106

FIGURE 35 TYSON FOODS, INC.: FINANCIAL OVERVIEW SNAPSHOT 108

FIGURE 36 DANONE SA: FINANCIAL OVERVIEW SNAPSHOT 110

FIGURE 37 DANONE SA: SWOT ANALYSIS 112

FIGURE 38 NESTLÉ S.A.: FINANCIAL OVERVIEW SNAPSHOT 113

FIGURE 39 NESTLÉ S.A.: SWOT ANALYSIS 115

FIGURE 40 GENERAL MILLS, INC.: FINANCIAL OVERVIEW SNAPSHOT 117

FIGURE 41 GENERAL MILLS, INC.: SWOT ANALYSIS 119

FIGURE 42 PREMIER FOODS PLC: FINANCIAL OVERVIEW SNAPSHOT 122

FIGURE 43 PREMIER FOODS PLC: SWOT ANALYSIS 124

FIGURE 44 DEL MONTE FRESH PRODUCE N.A., INC.: FINANCIAL OVERVIEW SNAPSHOT 125

FIGURE 45 AMY’S KITCHEN: SWOT ANALYSIS 128

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