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Plant-based Food Market by Source (Fruits, Vegetables, Seeds and Nuts, Legumes, and Whole Grains), Application (Food & Beverages, Bakery & Confectionary, Animal Feed, Infant Food, and Dietary Supplement), and Distribution Channel (Online Retail, Specialty Stores, Supermarkets/Hypermarkets, Convenience Stores, and Others): Global Opportunity Analysis and Industry Forecast, 2018–2025

FB : Agriculture & Agri Products
A05009
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Feb 2021 | 2188 Views
 
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Plant-based food refers to the food products derived from plant sources, which include fruits, vegetables, whole grains, tofu, seeds, beans, lentils, and soy. Unlike a few years ago, plant-based foods are now available conveniently in most grocery stores. The plant-based foods niche market has grown into a completely mainstream industry, since the dominant meat consumers are have shifted their preference toward plant-based meat and dairy alternatives. 

Several factors concerning the consumers such as clean labels, change in food preferences, need to avoid allergens, and compatibility with vegan lifestyles have shifted the preference of consumers toward plant-based foods, which acts as a major driver of the global market. Moreover, surge in consumer demand for animal-free sources of protein and favorable comparisons of plant-based to meat-based protein sources boost the market growth. Furthermore, limited availability and high cost of animal-based food products in several countries is ultimately boosting the growth for plant-based food market. However, lack of awareness of the benefits of plant-based foods among consumers restrains the growth of the market.

Conversely, factors such as innovation in food technology and environmental, social, and governance (ESG) policies can hinder livestock production and growth, which can be expected to offer remunerative opportunity for the plant-based food market expansion. 

The global plant-based food market is segmented based on source, application, distribution channel, and region. On the basis of source, the market is categorized into fruits, vegetables, seeds & nuts, legumes, and whole grains. The applications covered in the study include food & beverages, bakery & confectionary, animal feed, infant food, and dietary supplement. By distribution channel, the market is classified into online retail, specialty stores, supermarkets/hypermarkets, convenience stores, and others. Region wise, it is analyzed across North America, Asia-Pacific, Europe, and LAMAE. 

The major players operating in the plant-based foods market include Beyond Meat, Impossible Foods Inc., Kite Hill, Oatly, Gardener Cheese Company, PACIFIC FOODS OF OREGON, LLC, DREAM, Mason & Co, So Delicious Dairy Free, and Califia Farms.

Key Benefits for Stakeholders

  • The report provides an in-depth analysis of the current trends, drivers, and dynamics of the Plant based foods market to elucidate the prevailing opportunities and tap the investment pockets.
  • It offers qualitative trends as well as quantitative analysis of the global market for the period of 2018–2025 to assist stakeholders to understand the market scenario.
  • In-depth analysis of the key segments demonstrates the sources of plant-based foods and their applications.  
  • Competitive intelligence of the industry highlights the business practices followed by key players across geographies as well as the prevailing market opportunities.
  • Key market players are profiled to understand the competitive outlook of the market.

Key Market Segments

By Source

  • Fruits
  • Vegetables
  • Seeds & Nuts
  • Legumes
  • Whole Grains

By Application

  • Food & Beverages
  • Infant Food
  • Dietary Supplements
  • Animal Feed
  • Bakery & Confectionary

By Distribution Channel

  • Online Retail
  • Supermarket/Hypermarket
  • Specialty Stores
  • Convenience Stores
  • Others

By Region

  • North America
    • U.S.
    • Mexico
    • Canada
  • Asia-Pacific
    • India
    • China
    • Australia
    • Japan
    • Rest of Asia-Pacific
  • Europe
    • UK
    • France
    • Germany 
    • Spain
    • Rest of Europe
  • LAMEA
    • Turkey
    • Brazil
    • South Africa
    • Arabia
    • Rest of LAMEA

Major Players Include:

  • Beyond Meat
  • Impossible Foods Inc.
  • Kite Hill
  • Oatly
  • Gardener Cheese Company
  • Pacific Foods of Oregon, LLC
  • Dream
  • Mason & Co
  • So Delicious Dairy Free
  • Califia Farms
 

CHAPTER 1:  INTRODUCTION

              1.1.    REPORT DESCRIPTION

              1.2.    KEY MARKET SEGMENTS

              1.3.    KEY BENEFITS

              1.4.    RESEARCH METHODOLOGY

                         1.4.1.   Primary research

                         1.4.2.   Secondary research

                         1.4.3.   Analyst tools and models

CHAPTER 2:    EXECUTIVE SUMMARY

              2.1.    CXO PERSPECTIVE

CHAPTER 3:    MARKET LANDSCAPE

              3.1.    MARKET DEFINITION AND SCOPE

              3.2.    KEY FINDINGS

                         3.2.1.   Top investment pockets

                         3.2.2.   Top winning strategies

              3.3.    PORTER'S FIVE FORCES ANALYSIS

                         3.3.1.   Bargaining power of suppliers

                         3.3.2.   Threat of new entrants

                         3.3.3.   Threat of substitutes

                         3.3.4.   Competitive rivalry

                         3.3.5.   Bargaining power among buyers

              3.4.    MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING

              3.5.    MARKET DYNAMICS

                       3.5.1.     Drivers

                       3.5.2.     Restraints

                       3.5.3.     Opportunities

CHAPTER 4:   PLANT BASED FOOD MARKET BY SOURCE

              4.1.    OVERVIEW

              4.2.     FRUITS

                         4.2.1.   Key market trends, Growth factors and opportunities

                         4.2.2.   Market size and forecast by region

                         4.2.3.   Market analysis by country

              4.3.     VEGETABLES

                         4.3.1.   Key market trends, Growth factors and opportunities

                         4.3.2.   Market size and forecast by region

                         4.3.3.   Market analysis by country

              4.4.     SEEDS AND NUTS

                         4.4.1.   Key market trends, Growth factors and opportunities

                         4.4.2.   Market size and forecast by region

                         4.4.3.   Market analysis by country

              4.5.     LEGUMES

                         4.5.1.   Key market trends, Growth factors and opportunities

                         4.5.2.   Market size and forecast by region

                         4.5.3.   Market analysis by country

              4.6.     WHOLE GRAINS

                         4.6.1.   Key market trends, Growth factors and opportunities

                         4.6.2.   Market size and forecast by region

                         4.6.3.   Market analysis by country

CHAPTER 5:   PLANT BASED FOOD MARKET BY APPLICATION

              5.1.    OVERVIEW

              5.2.     FOOD AND BEVERAGES

                         5.2.1.   Key market trends, Growth factors and opportunities

                         5.2.2.   Market size and forecast by region

                         5.2.3.   Market analysis by country

              5.3.     BAKERY AND CONFECTIONARY

                         5.3.1.   Key market trends, Growth factors and opportunities

                         5.3.2.   Market size and forecast by region

                         5.3.3.   Market analysis by country

              5.4.     ANIMAL FEED

                         5.4.1.   Key market trends, Growth factors and opportunities

                         5.4.2.   Market size and forecast by region

                         5.4.3.   Market analysis by country

              5.5.     INFANT FOOD

                         5.5.1.   Key market trends, Growth factors and opportunities

                         5.5.2.   Market size and forecast by region

                         5.5.3.   Market analysis by country

              5.6.     DIETARY SUPPLEMENT

                         5.6.1.   Key market trends, Growth factors and opportunities

                         5.6.2.   Market size and forecast by region

                         5.6.3.   Market analysis by country

CHAPTER 6:   PLANT BASED FOOD MARKET BY DISTRIBUTION CHANNEL

              6.1.    OVERVIEW

              6.2.     ONLINE RETAIL

                         6.2.1.   Key market trends, Growth factors and opportunities

                         6.2.2.   Market size and forecast by region

                         6.2.3.   Market analysis by country

              6.3.      SPECIALTY STORES

                         6.3.1.   Key market trends, Growth factors and opportunities

                         6.3.2.   Market size and forecast by region

                         6.3.3.   Market analysis by country

              6.4.     SUPERMARKETS/HYPERMARKETS

                         6.4.1.   Key market trends, Growth factors and opportunities

                         6.4.2.   Market size and forecast by region

                         6.4.3.   Market analysis by country

              6.5.     CONVENIENCE STORES

                         6.5.1.   Key market trends, Growth factors and opportunities

                         6.5.2.   Market size and forecast by region

                         6.5.3.   Market analysis by country

              6.6.     OTHERS

                         6.6.1.   Key market trends, Growth factors and opportunities

                         6.6.2.   Market size and forecast by region

                         6.6.3.   Market analysis by country

CHAPTER 7:    PLANT BASED FOOD MARKET BY REGION

              7.1.    OVERVIEW

              7.2.   NORTH AMERICA

                        7.2.1.   Key market trends and opportunities

                        7.2.2.   Market size and forecast by Source

                        7.2.3.   Market size and forecast by Application

                        7.2.4.   Market size and forecast by Distribution Channel

                        7.2.5.   Market size and forecast by Country

                        7.2.6.   U.S. PLANT BASED FOOD MARKET

                                      7.2.6.1.   Market size and forecast by Source

                                      7.2.6.2.   Market size and forecast by Application

                                      7.2.6.3.   Market size and forecast by Distribution Channel

                        7.2.7.    MEXICO PLANT BASED FOOD MARKET

                                      7.2.7.1.   Market size and forecast by Source

                                      7.2.7.2.   Market size and forecast by Application

                                      7.2.7.3.   Market size and forecast by Distribution Channel

                        7.2.8.    CANADA PLANT BASED FOOD MARKET

                                      7.2.8.1.   Market size and forecast by Source

                                      7.2.8.2.   Market size and forecast by Application

                                      7.2.8.3.   Market size and forecast by Distribution Channel

              7.3.   EUROPE

                        7.3.1.   Key market trends and opportunities

                        7.3.2.   Market size and forecast by Source

                        7.3.3.   Market size and forecast by Application

                        7.3.4.   Market size and forecast by Distribution Channel

                        7.3.5.   Market size and forecast by Country

                        7.3.6.   UK PLANT BASED FOOD MARKET

                                      7.3.6.1.   Market size and forecast by Source

                                      7.3.6.2.   Market size and forecast by Application

                                      7.3.6.3.   Market size and forecast by Distribution Channel

                        7.3.7.    GERMANY PLANT BASED FOOD MARKET

                                      7.3.7.1.   Market size and forecast by Source

                                      7.3.7.2.   Market size and forecast by Application

                                      7.3.7.3.   Market size and forecast by Distribution Channel

                        7.3.8.    SPAIN PLANT BASED FOOD MARKET

                                      7.3.8.1.   Market size and forecast by Source

                                      7.3.8.2.   Market size and forecast by Application

                                      7.3.8.3.   Market size and forecast by Distribution Channel

                        7.3.9.    FRANCE PLANT BASED FOOD MARKET

                                      7.3.9.1.   Market size and forecast by Source

                                      7.3.9.2.   Market size and forecast by Application

                                      7.3.9.3.   Market size and forecast by Distribution Channel

                        7.3.10.    REST OF EUROPE PLANT BASED FOOD MARKET

                                      7.3.10.1.   Market size and forecast by Source

                                      7.3.10.2.   Market size and forecast by Application

                                      7.3.10.3.   Market size and forecast by Distribution Channel

              7.4.   ASIA PACIFIC

                        7.4.1.   Key market trends and opportunities

                        7.4.2.   Market size and forecast by Source

                        7.4.3.   Market size and forecast by Application

                        7.4.4.   Market size and forecast by Distribution Channel

                        7.4.5.   Market size and forecast by Country

                        7.4.6.   INDIA PLANT BASED FOOD MARKET

                                      7.4.6.1.   Market size and forecast by Source

                                      7.4.6.2.   Market size and forecast by Application

                                      7.4.6.3.   Market size and forecast by Distribution Channel

                        7.4.7.    CHINA PLANT BASED FOOD MARKET

                                      7.4.7.1.   Market size and forecast by Source

                                      7.4.7.2.   Market size and forecast by Application

                                      7.4.7.3.   Market size and forecast by Distribution Channel

                        7.4.8.    JAPAN PLANT BASED FOOD MARKET

                                      7.4.8.1.   Market size and forecast by Source

                                      7.4.8.2.   Market size and forecast by Application

                                      7.4.8.3.   Market size and forecast by Distribution Channel

                        7.4.9.    AUSTRALIA PLANT BASED FOOD MARKET

                                      7.4.9.1.   Market size and forecast by Source

                                      7.4.9.2.   Market size and forecast by Application

                                      7.4.9.3.   Market size and forecast by Distribution Channel

                        7.4.10.    REST OF ASIA PACIFIC PLANT BASED FOOD MARKET

                                      7.4.10.1.   Market size and forecast by Source

                                      7.4.10.2.   Market size and forecast by Application

                                      7.4.10.3.   Market size and forecast by Distribution Channel

              7.5.   LAMEA

                        7.5.1.   Key market trends and opportunities

                        7.5.2.   Market size and forecast by Source

                        7.5.3.   Market size and forecast by Application

                        7.5.4.   Market size and forecast by Distribution Channel

                        7.5.5.   Market size and forecast by Country

                        7.5.6.   TURKEY PLANT BASED FOOD MARKET

                                      7.5.6.1.   Market size and forecast by Source

                                      7.5.6.2.   Market size and forecast by Application

                                      7.5.6.3.   Market size and forecast by Distribution Channel

                        7.5.7.    BRAZIL PLANT BASED FOOD MARKET

                                      7.5.7.1.   Market size and forecast by Source

                                      7.5.7.2.   Market size and forecast by Application

                                      7.5.7.3.   Market size and forecast by Distribution Channel

                        7.5.8.    SOUTH AFRICA PLANT BASED FOOD MARKET

                                      7.5.8.1.   Market size and forecast by Source

                                      7.5.8.2.   Market size and forecast by Application

                                      7.5.8.3.   Market size and forecast by Distribution Channel

                        7.5.9.    SAUDI ARABIA PLANT BASED FOOD MARKET

                                      7.5.9.1.   Market size and forecast by Source

                                      7.5.9.2.   Market size and forecast by Application

                                      7.5.9.3.   Market size and forecast by Distribution Channel

                        7.5.10.    REST OF LAMEA PLANT BASED FOOD MARKET

                                      7.5.10.1.   Market size and forecast by Source

                                      7.5.10.2.   Market size and forecast by Application

                                      7.5.10.3.   Market size and forecast by Distribution Channel

CHAPTER 8:    COMPANY PROFILES

              8.1.     BEYOND MEAT

                        8.1.1.    Company overview

                        8.1.2.    Business performance

                        8.1.3.    Key strategic moves and developments

              8.2.     IMPOSSIBLE FOODS INC

                        8.2.1.    Company overview

                        8.2.2.    Business performance

                        8.2.3.    Key strategic moves and developments

              8.3.     KITE HILL

                        8.3.1.    Company overview

                        8.3.2.    Business performance

                        8.3.3.    Key strategic moves and developments

              8.4.     OATLY

                        8.4.1.    Company overview

                        8.4.2.    Business performance

                        8.4.3.    Key strategic moves and developments

              8.5.     GARDENER CHEESE COMPANY

                        8.5.1.    Company overview

                        8.5.2.    Business performance

                        8.5.3.    Key strategic moves and developments

              8.6.     PACIFIC FOODS OF OREGON, LLC

                        8.6.1.    Company overview

                        8.6.2.    Business performance

                        8.6.3.    Key strategic moves and developments<

 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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