Plant-based Food & Beverages Market Size, Share, Analysis, Growth, Forecasts, 2032
Plant-based Food & Beverages Market By Type (Dairy Alternatives, Meat Alternatives, Snacking Items, Plant-Based Milk, and Others), By Distribution Channel (Online Stores and Offline Stores), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 - 2032
Category: Food & Beverage Report Format : PDF
Pages: 223 Report Code: ZMR-9296
Published Date: Mar-2025 Status : Published
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 36.73 Billion | USD 70.54 Billion | 8.50% | 2023 |
Table Of Content
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Plant-based Food & Beverages Market, (2024 - 2032) (USD Billion)
- 2.2 Global Plant-based Food & Beverages Market : snapshot
- Chapter 3. Global Plant-based Food & Beverages Market - Industry Analysis
- 3.1 Plant-based Food & Beverages Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Rising trend of vegan and vegetarian diets to drive market demand rate during the forecast period
- 3.3 Market Restraints
- 3.3.1. Increased cost of research and production to limit the industry’s final growth rate
- 3.4 Market Opportunities
- 3.4.1. Investments in plant-based proteins to generate growth opportunities during the forecast period
- 3.5 Market Challenges
- 3.5.1. Regulatory and labeling challenges along with technical production difficulties limit market expansion
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Type
- 3.7.2 Market attractiveness analysis By Distribution Channel
- Chapter 4. Global Plant-based Food & Beverages Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Plant-based Food & Beverages Market: company market share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Plant-based Food & Beverages Market - Type Analysis
- 5.1 Global Plant-based Food & Beverages Market overview: By Type
- 5.1.1 Global Plant-based Food & Beverages Market share, By Type, 2023 and 2032
- 5.2 Dairy Alternatives
- 5.2.1 Global Plant-based Food & Beverages Market by Dairy Alternatives, 2024 - 2032 (USD Billion)
- 5.3 Meat-Alternatives
- 5.3.1 Global Plant-based Food & Beverages Market by Meat-Alternatives, 2024 - 2032 (USD Billion)
- 5.4 Snacking Items
- 5.4.1 Global Plant-based Food & Beverages Market by Snacking Items, 2024 - 2032 (USD Billion)
- 5.5 Plant-Based Milk
- 5.5.1 Global Plant-based Food & Beverages Market by Plant-Based Milk, 2024 - 2032 (USD Billion)
- 5.6 Others
- 5.6.1 Global Plant-based Food & Beverages Market by Others, 2024 - 2032 (USD Billion)
- 5.1 Global Plant-based Food & Beverages Market overview: By Type
- Chapter 6. Global Plant-based Food & Beverages Market - Distribution Channel Analysis
- 6.1 Global Plant-based Food & Beverages Market overview: By Distribution Channel
- 6.1.1 Global Plant-based Food & Beverages Market share, By Distribution Channel, 2023 and 2032
- 6.2 Online Stores
- 6.2.1 Global Plant-based Food & Beverages Market by Online Stores, 2024 - 2032 (USD Billion)
- 6.3 Offline Stores
- 6.3.1 Global Plant-based Food & Beverages Market by Offline Stores, 2024 - 2032 (USD Billion)
- 6.1 Global Plant-based Food & Beverages Market overview: By Distribution Channel
- Chapter 7. Plant-based Food & Beverages Market - Regional Analysis
- 7.1 Global Plant-based Food & Beverages Market Regional Overview
- 7.2 Global Plant-based Food & Beverages Market Share, by Region, 2023 & 2032 (USD Billion)
- 7.3. North America
- 7.3.1 North America Plant-based Food & Beverages Market, 2024 - 2032 (USD Billion)
- 7.3.1.1 North America Plant-based Food & Beverages Market, by Country, 2024 - 2032 (USD Billion)
- 7.3.1 North America Plant-based Food & Beverages Market, 2024 - 2032 (USD Billion)
- 7.4 North America Plant-based Food & Beverages Market, by Type, 2024 - 2032
- 7.4.1 North America Plant-based Food & Beverages Market, by Type, 2024 - 2032 (USD Billion)
- 7.5 North America Plant-based Food & Beverages Market, by Distribution Channel, 2024 - 2032
- 7.5.1 North America Plant-based Food & Beverages Market, by Distribution Channel, 2024 - 2032 (USD Billion)
- 7.4. Europe
- 7.4.2 Europe Plant-based Food & Beverages Market, 2024 - 2032 (USD Billion)
- 7.4.2.1 Europe Plant-based Food & Beverages Market, by Country, 2024 - 2032 (USD Billion)
- 7.4.2 Europe Plant-based Food & Beverages Market, 2024 - 2032 (USD Billion)
- 7.4 Europe Plant-based Food & Beverages Market, by Type, 2024 - 2032
- 7.4.1 Europe Plant-based Food & Beverages Market, by Type, 2024 - 2032 (USD Billion)
- 7.5 Europe Plant-based Food & Beverages Market, by Distribution Channel, 2024 - 2032
- 7.5.1 Europe Plant-based Food & Beverages Market, by Distribution Channel, 2024 - 2032 (USD Billion)
- 7.5. Asia Pacific
- 7.5.3 Asia Pacific Plant-based Food & Beverages Market, 2024 - 2032 (USD Billion)
- 7.5.3.1 Asia Pacific Plant-based Food & Beverages Market, by Country, 2024 - 2032 (USD Billion)
- 7.5.3 Asia Pacific Plant-based Food & Beverages Market, 2024 - 2032 (USD Billion)
- 7.4 Asia Pacific Plant-based Food & Beverages Market, by Type, 2024 - 2032
- 7.4.1 Asia Pacific Plant-based Food & Beverages Market, by Type, 2024 - 2032 (USD Billion)
- 7.5 Asia Pacific Plant-based Food & Beverages Market, by Distribution Channel, 2024 - 2032
- 7.5.1 Asia Pacific Plant-based Food & Beverages Market, by Distribution Channel, 2024 - 2032 (USD Billion)
- 7.6. Latin America
- 7.6.4 Latin America Plant-based Food & Beverages Market, 2024 - 2032 (USD Billion)
- 7.6.4.1 Latin America Plant-based Food & Beverages Market, by Country, 2024 - 2032 (USD Billion)
- 7.6.4 Latin America Plant-based Food & Beverages Market, 2024 - 2032 (USD Billion)
- 7.4 Latin America Plant-based Food & Beverages Market, by Type, 2024 - 2032
- 7.4.1 Latin America Plant-based Food & Beverages Market, by Type, 2024 - 2032 (USD Billion)
- 7.5 Latin America Plant-based Food & Beverages Market, by Distribution Channel, 2024 - 2032
- 7.5.1 Latin America Plant-based Food & Beverages Market, by Distribution Channel, 2024 - 2032 (USD Billion)
- 7.7. The Middle-East and Africa
- 7.7.5 The Middle-East and Africa Plant-based Food & Beverages Market, 2024 - 2032 (USD Billion)
- 7.7.5.1 The Middle-East and Africa Plant-based Food & Beverages Market, by Country, 2024 - 2032 (USD Billion)
- 7.7.5 The Middle-East and Africa Plant-based Food & Beverages Market, 2024 - 2032 (USD Billion)
- 7.4 The Middle-East and Africa Plant-based Food & Beverages Market, by Type, 2024 - 2032
- 7.4.1 The Middle-East and Africa Plant-based Food & Beverages Market, by Type, 2024 - 2032 (USD Billion)
- 7.5 The Middle-East and Africa Plant-based Food & Beverages Market, by Distribution Channel, 2024 - 2032
- 7.5.1 The Middle-East and Africa Plant-based Food & Beverages Market, by Distribution Channel, 2024 - 2032 (USD Billion)
- Chapter 8. Company Profiles
- 8.1 The Hain Celestial Group Inc.
- 8.1.1 Overview
- 8.1.2 Financials
- 8.1.3 Product Portfolio
- 8.1.4 Business Strategy
- 8.1.5 Recent Developments
- 8.2 Tofutti Brands Inc.
- 8.2.1 Overview
- 8.2.2 Financials
- 8.2.3 Product Portfolio
- 8.2.4 Business Strategy
- 8.2.5 Recent Developments
- 8.3 Beyond Meat
- 8.3.1 Overview
- 8.3.2 Financials
- 8.3.3 Product Portfolio
- 8.3.4 Business Strategy
- 8.3.5 Recent Developments
- 8.4 Ingredion Incorporated
- 8.4.1 Overview
- 8.4.2 Financials
- 8.4.3 Product Portfolio
- 8.4.4 Business Strategy
- 8.4.5 Recent Developments
- 8.5 Impossible Foods
- 8.5.1 Overview
- 8.5.2 Financials
- 8.5.3 Product Portfolio
- 8.5.4 Business Strategy
- 8.5.5 Recent Developments
- 8.6 Eden Foods Inc.
- 8.6.1 Overview
- 8.6.2 Financials
- 8.6.3 Product Portfolio
- 8.6.4 Business Strategy
- 8.6.5 Recent Developments
- 8.7 Danone S.A.
- 8.7.1 Overview
- 8.7.2 Financials
- 8.7.3 Product Portfolio
- 8.7.4 Business Strategy
- 8.7.5 Recent Developments
- 8.8 SunOpta Inc.
- 8.8.1 Overview
- 8.8.2 Financials
- 8.8.3 Product Portfolio
- 8.8.4 Business Strategy
- 8.8.5 Recent Developments
- 8.9 Nestlé S.A.
- 8.9.1 Overview
- 8.9.2 Financials
- 8.9.3 Product Portfolio
- 8.9.4 Business Strategy
- 8.9.5 Recent Developments
- 8.10 Blue Diamond Growers
- 8.10.1 Overview
- 8.10.2 Financials
- 8.10.3 Product Portfolio
- 8.10.4 Business Strategy
- 8.10.5 Recent Developments
- 8.11 Daiya Foods Inc.
- 8.11.1 Overview
- 8.11.2 Financials
- 8.11.3 Product Portfolio
- 8.11.4 Business Strategy
- 8.11.5 Recent Developments
- 8.12 Conagra Brands Inc.
- 8.12.1 Overview
- 8.12.2 Financials
- 8.12.3 Product Portfolio
- 8.12.4 Business Strategy
- 8.12.5 Recent Developments
- 8.13 VBites Foods Ltd.
- 8.13.1 Overview
- 8.13.2 Financials
- 8.13.3 Product Portfolio
- 8.13.4 Business Strategy
- 8.13.5 Recent Developments
- 8.14 Kellogg Company
- 8.14.1 Overview
- 8.14.2 Financials
- 8.14.3 Product Portfolio
- 8.14.4 Business Strategy
- 8.14.5 Recent Developments
- 8.15 Unilever PLC.
- 8.15.1 Overview
- 8.15.2 Financials
- 8.15.3 Product Portfolio
- 8.15.4 Business Strategy
- 8.15.5 Recent Developments
- 8.16 and others.
- 8.16.1 Overview
- 8.16.2 Financials
- 8.16.3 Product Portfolio
- 8.16.4 Business Strategy
- 8.16.5 Recent Developments
- 8.1 The Hain Celestial Group Inc.
Table Of Figures
- 1. Market research Type
- 2. Market research methodology
- 3. Global Plant-based Food & Beverages Market, 2024 - 2032 (USD Billion)
- 4. Porter’s Five Forces Analysis
- 5. Global Plant-based Food & Beverages Market attractiveness, By Type
- 6. Global Plant-based Food & Beverages Market attractiveness, By Distribution Channel
- 7. Global Plant-based Food & Beverages Market share by Type, 2024 and 2032 (USD Billion)
- 8. Global Plant-based Food & Beverages Market by Dairy Alternatives, 2024 - 2032 (USD Billion)
- 9. Global Plant-based Food & Beverages Market by Meat-Alternatives, 2024 - 2032 (USD Billion)
- 10. Global Plant-based Food & Beverages Market by Snacking Items, 2024 - 2032 (USD Billion)
- 11. Global Plant-based Food & Beverages Market by Plant-Based Milk, 2024 - 2032 (USD Billion)
- 12. Global Plant-based Food & Beverages Market by Others, 2024 - 2032 (USD Billion)
- 13. Global Plant-based Food & Beverages Market share by Distribution Channel, 2024 and 2032 (USD Billion)
- 14. Global Plant-based Food & Beverages Market by Online Stores, 2024 - 2032 (USD Billion)
- 15. Global Plant-based Food & Beverages Market by Offline Stores, 2024 - 2032 (USD Billion)
- 16. Global Plant-based Food & Beverages Market share, by Region, 2024 and 2032
- 17. North America Plant-based Food & Beverages Market, 2024 - 2032 (USD Billion)
- 18. Europe Plant-based Food & Beverages Market, 2024 - 2032 (USD Billion)
- 19. Asia Pacific Plant-based Food & Beverages Market, 2024 - 2032 (USD Billion)
- 20. Latin America Plant-based Food & Beverages Market, 2024 - 2032 (USD Billion)
- 21. The Middle-East and Africa Plant-based Food & Beverages Market, 2024 - 2032 (USD Billion)
Table Of Tables
- 1. Global Plant-based Food & Beverages Market: Snapshot
- 2. Drivers of the Plant-based Food & Beverages Market: impact analysis
- 3. North America Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 4. North America Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
- 5. U.S. Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 6. U.S. Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
- 7. Canada Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 8. Canada Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
- 9. Europe Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 10. Europe Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
- 11. Germany Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 12. Germany Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
- 13. France Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 14. France Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
- 15. U.K. Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 16. U.K. Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
- 17. Italy Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 18. Italy Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
- 19. Spain Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 20. Spain Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
- 21. Rest of Europe Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 22. Rest of Europe Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
- 23. Asia Pacific Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 24. Asia Pacific Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
- 25. China Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 26. China Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
- 27. Japan Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 28. Japan Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
- 29. India Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 30. India Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
- 31. South Korea Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 32. South Korea Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
- 33. South-East Asia Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 34. South-East Asia Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
- 35. Rest of Asia Pacific Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 36. Rest of Asia Pacific Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
- 37. Latin America Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 38. Latin America Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
- 39. Brazil Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 40. Brazil Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
- 41. Mexico Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 42. Mexico Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
- 43. Rest of Latin America Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 44. Rest of Latin America Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
- 45. The Middle-East and Africa Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 46. The Middle-East and Africa Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
- 47. GCC Countries Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 48. GCC Countries Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
- 49. South Africa Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 50. South Africa Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
- 51. Rest of Middle-East Africa Plant-based Food & Beverages Market revenue, By Type, 2024 - 2032 (USD Billion)
- 52. Rest of Middle-East Africa Plant-based Food & Beverages Market revenue, By Distribution Channel, 2024 - 2032 (USD Billion)
Methodology
FrequentlyAsked Questions
Plant-based food & beverages (F&B) are an emerging group of consumer goods that aim to deliver animal-free products to consumers.
The global plant-based food & beverages market is expected to be driven by the growing number of vegan and vegetarian diet followers across the globe.
According to study, the global plant-based food & beverages market size was worth around USD 36.73 billion in 2023 and is predicted to grow to around USD 70.54 billion by 2032.
The CAGR value of the plant-based food & beverages market is expected to be around 8.50% during 2024-2032.
The global plant-based food & beverages market will be dominated by North America during the forecast period.
The global plant-based food & beverages market is led by players like The Hain Celestial Group, Inc., Tofutti Brands, Inc., Beyond Meat, Ingredion Incorporated, Impossible Foods, Eden Foods Inc., Danone S.A., SunOpta Inc., Nestlé S.A., Blue Diamond Growers, Daiya Foods Inc., Conagra Brands, Inc., VBites Foods Ltd., Kellogg Company, and Unilever PLC.
The report explores crucial aspects of the plant-based food & beverages market including a detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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List of Contents
Plant-based Food BeveragesIndustry Prospective:Plant-based Food Beverages OverviewKey Insights:Plant-based Food Beverages Growth DriversPlant-based Food Beverages RestraintsPlant-based Food Beverages OpportunitiesPlant-based Food Beverages ChallengesPlant-based Food Beverages Report ScopePlant-based Food Beverages SegmentationPlant-based Food Beverages Regional AnalysisPlant-based Food Beverages Competitive AnalysisRelatedNews
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