Plant-Based Food and Beverage Market - Trends Forecast Till 2028

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Plant-Based Food and Beverage Market Global Sales
Revenue Analysis 2028
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Plant-Based Food and Beverage Market Global Sales
Revenue Analysis 2028
Plant-Based Food and Beverage Market, By Product
Type (Plant-Based Dairy (Milk, Cheese, Creamers,
Butter, Yogurt), Plant-Based Meat (Eggs,
Ice-Cream, Dressings, Sour Cream, Dips,
Spreads)), Source (Soy, Wheat, Almond, Corn,
Potato, Lentils, Nuts), Type (Flavoured and
Unflavoured), Distribution Channel
(Supermarkets/Hypermarkets, Convenience Stores,
Specialty Stores, Online Stores and Others),
Geography (North America, Europe, Asia-Pacific,
Middle East and Africa and South America). The
global plant-based food and beverage market is
anticipated to reach USD 75.2 billion by 2020
growing at a CAGR of 13.5 during the forecasting
period, 2020-2028. Key players in the global
plant-based food and beverage market are Atlantic
Natural Foods LLC, Beyond Meat Inc., Garden
Protein International Inc, Tyson Foods Inc,
Glanbia plc., Now Health Group, Inc., Nutiva Inc,
The Simply Good Food Co, Iovate Health Sciences
International Inc., MusclePharm Corporation,
Kerry Group Plc, CytoSport, Inc., The Nature's
Bounty Co., Reliance Vitamin Company, Inc.,
Herbalife Nutrition, Inc., Danone SA, General
Nutrition Centers (GNC) Holdings, Inc., Orgain
Inc., and True Nutrition.
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d-food-and-beverage-market-trends-forecast-till-20
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Market Overview
Plant-based production has become the biggest
trend to impact the food and beverage industry.
The demand for healthier lifestyles is one of the
main drivers. It has been observed that there is
a direct link between plant-based diets and
decreasing risk of chronic diseases such as heart
disease, type 2 diabetes, and cancer, and has
also been linked to lower cholesterol and weight
loss. Increasing food safety concerns and the
growing number of health-conscious consumers are
some of the major factors driving the market of
plant-based food and beverage market.
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KEY FINDINGS
The global plant-based food and beverage market
is segmented into product type, source, type,
distribution channel, and geography The product
type segment is sub-segmented into plant-based
dairy and plant-based food Source segment is
sub-segmented into soy, wheat, almond, corn,
potato, lentils, and nuts On the basis of source,
the almond segment is expected to dominate the
market for plant-based food and beverage market
during the forecast period 2020-2028 The type
segment is sub-segmented into flavoured and
unflavoured The distribution channel segment is
sub-segmented into supermarkets/hypermarkets,
convenience stores, specialty stores, online
stores and others On the basis of distribution
channel, supermarkets/hypermarkets segment is
expected to dominate the market for plant-based
food and beverage market during the forecast
period 2020-2028 Geographically, the global
plant-based food and beverage market is
sub-segmented into North America, Europe,
Asia-Pacific, Middle East and Africa and South
America and insights are provided for each region
and major countries within the regions.
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Competitive Landscape

• Kerry Group Plc,
• CytoSport, Inc.,
• The Nature's Bounty Co.,
• Reliance Vitamin Company, Inc.,
• Herbalife Nutrition, Inc.,
• Danone SA,
• General Nutrition Centers (GNC) Holdings, Inc.,
• Orgain Inc.,
• True Nutrition

• Atlantic Natural Foods LLC,
• Beyond Meat Inc.,
• Garden Protein International Inc,
• Tyson Foods Inc, Glanbia plc.,
• Now Health Group, Inc.,
• Nutiva Inc,
• The Simply Good Food Co,
• Iovate Health Sciences International Inc.,
• MusclePharm Corporation,

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Recent Developments

• The companies have come up with various
  promotional activities in from of launch,
  investment, acquisition, and other, for instance
• In 2020, Food Tech Company launched a plant-based
  meat retail store in Singapore where UK and Japan
  will be next in Horizon
• In 2020, Nestlé launched plant-based Milo in
  Australia. The product has less sugar as compared
  to the original Milo and holds a combination of
  vitamins and minerals so as to support effective
  energy release

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Contact Information
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country, regional and global business
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