Global Plant-based Food and Beverages Market 2022-2028
Plants have essential nutrients that are not contained in other foods. The vitamins, minerals, phytochemicals and antioxidants that are in plants help keep cells healthy and the body in balance. Plant-based diets have been shown to lower rates of diseases that are of particular importance to older adults, including heart disease and high blood pressure. According to market research study published by Gen Consulting Company, the market size of the global plant-based food and beverages sector is expected to rise by USD 16 billion with a CAGR of 8.9% by the end of 2028.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global plant-based food and beverages market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the plant-based food and beverages industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, product category, source, distribution channel, and region. The global market for plant-based food and beverages can be segmented by product: bakery & confectionery, plant-based juices, plant-based meat, plant-based milk & derivatives, RTD tea & coffee, sweet & savory snacks, others. Plant-based food and beverages market is further segmented by product category: conventional, organic. Based on source, the plant-based food and beverages market is segmented into: almond, coconut, pea, soy, wheat, others. On the basis of distribution channel, the plant-based food and beverages market also can be divided into: non-store retailing, store-based retailing. Plant-based food and beverages market by region is categorized into: North America, Asia Pacific, Europe, Rest of the World (ROW).
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