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Global Plant-based Food Ingredients Market Analysis and Forecast
Allied Market Research published a report, titled, Plant-based food ingredients Market by Type, Application: Global Opportunity Analysis and Industry Forecast, 2021-2030. The Plant-based food ingredients market size was valued at $2,895.6 million in 2020 and is estimated to reach $12,341.4 million by 2030, registering a CAGR of 15.3% from 2021 to 2030.
๐ ๐๐๐ญ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ https://www.alliedmarketresearch.com/request-sample/A15006
๐๐ฑ๐๐ข๐ญ๐ข๐ง๐ ๐๐๐๐๐ซ ๐๐ฅ๐๐ซ๐ญ! ๐ ๐๐๐ญ ๐ ๐๐๐ฌ๐ฌ๐ข๐ฏ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐๐จ๐ฎ๐ซ ๐๐๐ฑ๐ญ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐! ๐๐ฎ๐ฒ ๐ง๐จ๐ฐ ๐๐ง๐ ๐ญ๐๐ค๐ ๐๐๐ฏ๐๐ง๐ญ๐๐ ๐ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ฅ๐ข๐ฆ๐ข๐ญ๐๐-๐ญ๐ข๐ฆ๐ ๐จ๐๐๐๐ซ. ๐๏ธ
The plant-based food ingredients market has been experiencing rapid growth driven by several key factors including shifting consumer preferences towards plant-based diets, increasing awareness about health and sustainability, and advancements in food technology. Here are some key insights into the plant-based food ingredients market:
๐๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
๐๐๐ข๐ฌ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ฅ๐๐ง๐ญ-๐๐๐ฌ๐๐ ๐๐ฅ๐ญ๐๐ซ๐ง๐๐ญ๐ข๐ฏ๐๐ฌ:
There is a growing consumer demand for plant-based food products as more people adopt vegetarian, vegan, flexitarian, or plant-forward diets.
Factors such as concerns about animal welfare, environmental sustainability, and health benefits are driving this trend.
๐๐๐๐๐ฅ๐ญ๐ก ๐๐ง๐ ๐๐๐ฅ๐ฅ๐ง๐๐ฌ๐ฌ ๐ ๐จ๐๐ฎ๐ฌ:
Consumers are increasingly concerned about their health and are seeking out foods that are perceived as healthier alternatives to traditional animal-based products.
Plant-based ingredients are often associated with health benefits such as lower cholesterol, reduced risk of chronic diseases, and increased intake of vitamins, minerals, and fiber.
๐๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ ๐จ๐จ๐ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ:
Advancements in food processing and ingredient technology have enabled the development of a wide range of plant-based alternatives to traditional animal-derived ingredients.
This includes plant-based proteins, dairy alternatives, meat substitutes, egg replacers, and more, catering to diverse dietary preferences and culinary needs.
๐๐๐ฑ๐ฉ๐๐ง๐๐ข๐ง๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Food manufacturers and retailers are introducing an increasing variety of plant-based food products to meet the growing demand.
Plant-based ingredients are now found in a wide range of food categories including dairy alternatives, meat substitutes, snacks, baked goods, beverages, and condiments.
๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ https://www.alliedmarketresearch.com/purchase-enquiry/A15006
๐๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐๐ฒ๐ฉ๐๐ฌ ๐จ๐ ๐๐ฅ๐๐ง๐ญ-๐๐๐ฌ๐๐ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ: Plant-based food ingredients include a diverse range of products such as plant proteins (soy, pea, wheat, rice, etc.), plant-based fats and oils (coconut, avocado, olive, etc.), plant-based sweeteners (stevia, monk fruit, agave, etc.), and plant-based fibers (inulin, psyllium, chicory, etc.).
๐๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ:
Plant-based ingredients are used in various food and beverage applications including dairy alternatives (milk, cheese, yogurt), meat substitutes (burgers, sausages, nuggets), bakery and confectionery products, snacks, beverages, and more.
๐๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
The market for plant-based food ingredients is growing globally, with significant growth observed in regions such as North America, Europe, Asia-Pacific, and Latin America.
Each region has its own market dynamics driven by factors such as dietary trends, cultural preferences, regulatory environment, and availability of raw materials.
๐๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐๐ฃ๐จ๐ซ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ฉ๐ฅ๐๐ง๐ญ-๐๐๐ฌ๐๐ ๐๐จ๐จ๐ ๐ข๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
โ ADM (Archer Daniels Midland Company)
โ Cargill, Incorporated
โ DuPont de Nemours, Inc.
โ Ingredion Incorporated
โ Kerry Group plc
โ Tate & Lyle PLC
โ Roquette Frรจres
โ Corbion N.V.
โ Beyond Meat, Inc.
โ Impossible Foods Inc.
๐๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐ ๐๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐จ๐ฃ๐๐๐ญ๐ข๐จ๐ง๐ฌ:
๐. ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐ ๐ข๐ง ๐๐๐๐ ๐๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ:
- The plant-based food ingredients market was valued at $2,895.6 million in 2020.
- It is estimated to reach $12,341.4 million by 2030.
- This reflects a robust Compound Annual Growth Rate (CAGR) of 15.3% from 2021 to 2030.
- The substantial growth forecast underscores the increasing demand for plant-based food ingredients driven by changing dietary preferences, health consciousness, and sustainability concerns.
๐๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
๐. ๐๐ข๐ ๐ง๐ข๐๐ข๐๐๐ง๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ ๐ข๐๐๐ซ๐ฌ ๐๐๐ ๐ฆ๐๐ง๐ญ:
- Among different types of plant-based ingredients, the fibers segment is estimated to witness significant growth.
- It is projected to register a remarkable CAGR of 21.2% during the forecast period.
- This highlights the growing recognition of the health benefits associated with dietary fibers, such as improved digestion, weight management, and heart health.
๐๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
๐. ๐๐๐ค๐๐ซ๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ข๐ง๐๐ง๐๐:
- In 2020, the bakery segment held a prominent position within the plant-based food ingredients market.
- It was valued at $554.6 million, representing 19.2% of the global market share.
- The popularity of plant-based ingredients in bakery products reflects consumer preferences for healthier and more sustainable alternatives to traditional baked goods.
๐๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
๐. ๐๐๐ซ๐ฆ๐๐ง๐ฒ ๐๐๐๐๐ข๐ง๐ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐:
- In 2020, Germany emerged as the most prominent market for plant-based food ingredients in Europe.
- It is projected to reach $623.9 million by 2030, growing at a CAGR of 10.1% during the forecast period.
- Germany's leadership in the European market is driven by factors such as a strong economy, robust food industry, growing vegan and vegetarian population, and government initiatives promoting sustainable food production and consumption.
๐ ๐๐๐ฅ๐ค ๐ญ๐จ ๐จ๐ฎ๐ซ ๐๐ฑ๐ฉ๐๐ซ๐ญ https://www.alliedmarketresearch.com/connect-to-analyst/A15006
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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