Asia-pacific Plant-based Food And Beverage Market 2023-2030

Asia-pacific Plant-based Food And Beverage Market 2023-2030



MARKET OUTLOOK

According to Triton's research report, the Asia-Pacific plant-based food and beverages market is projected to display a compound annual growth rate (CAGR) of 11.18% from 2023 to 2030. The report assesses Japan, Australia and New Zealand, India, China, ASEAN countries, South Korea, and the Rest of Asia-Pacific within the region.

India's plant-based food and beverage market is witnessing remarkable growth, driven by a surge in vegetarianism and veganism. The country presents vast opportunities to utilize indigenous crops like millet and jackfruit as viable substitutes for soy and wheat, with government support bolstering crop cultivation. Recognizing the potential, various FMCG giants are entering the market with innovative vegan products to cater to the increasing demand for plant-based alternatives. Good Dot Goodmylk, Vezlay, and Evo Foods are a few well-known names in India's plant-based food and beverage market.

In addition, Japan's plant-based food and beverage market is witnessing significant growth owing to growing collaboration among plant-based meat startups. In this regard, companies are diversifying their offerings with almond, coconut, and soy-based products. Notable examples include Otsuka Foods launching their plant-based product line and Mitsui Co investing in Beyond Meat Inc to promote plant-based meat products. Furthermore, funding rounds and partnerships by key players like DAIZ and Nestlé Japan promote the growth of Japan's plant-based food and beverage market.

COMPETITIVE OUTLOOK

Leading companies in the plant-based food and beverage market include KeVita Inc, Beyond Meat Inc, Amy's Kitchen Inc, Living Harvest Foods Inc, Nestlé SA, Conagra Brands Inc, General Mills Inc, and Campbell Soup Company.


1. Asia-pacific Plant-based Food And Beverage Market- Summary
2. Industry Outlook
2.1. Impact Analysis On The Plant-based Food And Beverage Market
2.1.1. Covid-19 Impact
2.2. Key Insights
2.2.1. Awareness About Animal Welfare And Food Safety
2.2.2. Favorable Initiatives By Governments And Associations
2.2.3. Demand For Plant-based Seafood
2.3. Porter’s Five Forces Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitutes
2.3.3. Bargaining Power Of Buyers
2.3.4. Bargaining Power Of Suppliers
2.3.5. Threat Of Competitive Rivalry
2.4. Market Maturity Analysis
2.5. Industry Components
2.5.1. Raw Material Suppliers
2.5.2. Food Manufacturers
2.5.3. Distributors
2.5.4. End-users
2.6. Regulatory Framework
2.7. Key Market Strategies
2.7.1. Product Launches
2.7.2. Collaborations
2.7.3. Business Expansions & Divestitures
2.7.4. Acquisitions
2.8. Market Drivers
2.8.1. Shift Towards Veganism
2.8.2. Rising Lactose Intolerance
2.8.3. Advantages Of Plant-based Diet
2.9. Market Challenges
2.9.1. High Cost Of Plant-based Products
2.9.2. Limited Awareness About Plant-based Food Products
2.9.3. Different Perceptions About Plant-based Food And Beverages
2.10. Market Opportunities
2.10.1. Sustainable Products And Recyclable Packaging
2.10.2. Revolutionary Manufacturing Procedures
2.10.3. Innovation And Diversity In Plant-based Food And Beverages
2.11. Analyst Perspective
3. Asia-pacific Plant-based Food And Beverage Market - By Type
3.1. Plant-based Dairy Derivatives
3.1.1. Plant-based Ice Cream And Frozen Desserts
3.1.2. Plant-based Cheese
3.1.3. Plant-based Yogurt
3.1.4. Plant-based Creamer
3.1.5. Plant-based Dairy Spreads And Dips
3.2. Plant-based Meat Substitutes
3.2.1. Textured Vegetable Protein
3.2.2. Tofu
3.2.3. Tempeh
3.2.4. Mycoprotein, Seitan, And Other Meat Substitutes
3.3. Plant-based Nutrition/Snack Bars
3.4. Plant-based Bakery Products
3.5. Plant-based Beverages
3.5.1. Plant-based Milk
3.5.1.1. Soy Milk
3.5.1.2. Almond Milk
3.5.1.3. Other Plant-based Milk
3.5.2. Packaged Smoothies
3.5.3. Coffee
3.5.4. Tea
3.5.5. Other Plant-based Beverages
3.6. Other Plant-based Type Products
4. Asia-pacific Plant-based Food And Beverage Market - By Ingredient
4.1. Soy
4.2. Wheat
4.3. Pea
4.4. Coconut
4.5. Almond
4.6. Cashew
4.7. Other Ingredients
5. Asia-pacific Plant-based Food And Beverage Market - By Storage
5.1. Frozen
5.2. Refrigerated
5.3. Shelf-stable
6. Asia-pacific Plant-based Food And Beverage Market - By Sales Channel
6.1. Offline Sales Channel
6.1.1. Supermarkets/Hypermarkets
6.1.2. Convenience Stores
6.1.3. Specialty Stores
6.1.4. Other Offline Sales Channels
6.2. Online Sales Channel
7. Asia-pacific Plant-based Food And Beverage Market – By Country Outlook
7.1. Asia-pacific
7.1.1. Market By Type
7.1.1.1. Market By Dairy Derivatives
7.1.1.2. Market By Meat Substitutes
7.1.1.3. Market By Plant-based Beverages
7.1.1.3.1. Market By Plant-based Milk
7.1.2. Market By Ingredient
7.1.3. Market By Storage
7.1.4. Market By Sales Channel
7.1.4.1. Market By Offline Sales Channel
7.1.5. Country Analysis
7.1.5.1. China
7.1.5.1.1. China Plant-based Food And Beverage Market Forecast & Prospects
7.1.5.2. Japan
7.1.5.2.1. Japan Plant-based Food And Beverage Market Forecast & Prospects
7.1.5.3. India
7.1.5.3.1. India Plant-based Food And Beverage Market Forecast & Prospects
7.1.5.4. South Korea
7.1.5.4.1. South Korea Plant-based Food And Beverage Market Forecast & Prospects
7.1.5.5. Asean Countries
7.1.5.5.1. Asean Countries Plant-based Food And Beverage Market Forecast & Prospects
7.1.5.6. Australia And New Zealand
7.1.5.6.1. Australia And New Zealand Plant-based Food And Beverage Market Forecast & Prospects
7.1.5.7. Rest Of Asia-pacific
7.1.5.7.1. Rest Of Asia-pacific Plant-based Food And Beverage Market Forecast & Prospects
8. Competitive Landscape
8.1. General Mills Inc
8.1.1. Overview
8.1.2. Product Portfolio
8.1.3. Key Strengths
8.1.4. Key Challenges
8.2. Danone Sa
8.2.1. Overview
8.2.2. Product Portfolio
8.2.3. Key Strengths
8.2.4. Key Challenges
8.3. Conagra Brands Inc
8.3.1. Overview
8.3.2. Product Portfolio
8.3.3. Key Strengths
8.3.4. Key Challenges
8.4. The Hain Celestial Group Inc
8.4.1. Overview
8.4.2. Product Portfolio
8.4.3. Key Strengths
8.4.4. Key Challenges
8.5. Blue Diamond Growers
8.5.1. Overview
8.5.2. Product Portfolio
8.5.3. Key Strengths
8.5.4. Key Challenges
8.6. The Archer-daniels-midland Company (Adm)
8.6.1. Overview
8.6.2. Product Portfolio
8.6.3. Key Strengths
8.6.4. Key Challenges
8.7. Nestlé Sa
8.7.1. Overview
8.7.2. Product Portfolio
8.7.3. Key Strengths
8.7.4. Key Challenges
8.8. Impossible Foods Inc
8.8.1. Overview
8.8.2. Product Portfolio
8.9. Amy’s Kitchen Inc
8.9.1. Overview
8.9.2. Product Portfolio
8.10. Beyond Meat Inc
8.10.1. Overview
8.10.2. Product Portfolio
8.11. Campbell Soup Company
8.11.1. Overview
8.11.2. Product Portfolio
8.12. Daiya Foods Inc
8.12.1. Overview
8.12.2. Product Portfolio
8.13. Living Harvest Foods Inc
8.13.1. Overview
8.13.2. Product Portfolio
8.14. Meatless Farm
8.14.1. Overview
8.14.2. Product Portfolio
8.15. Kevita Inc
8.15.1. Overview
8.15.2. Product Portfolio
9. Research Methodology & Scope
9.1. Research Scope & Deliverables
9.2. Sources Of Data
9.3. Research Methodology
Tables List
Table 1: Asia-pacific Plant-based Food And Beverage Market, By Country Outlook, 2023-2030 (In $ Million)
Table 2: Country-wise Regulatory Framework For Plant-based Food And Beverage
Table 3: List Of Product Launches
Table 4: List Of Collaborations
Table 5: List Of Business Expansions & Divestitures
Table 6: List Of Acquisitions
Table 7: Veganism Around Asia-pacific
Table 8: Population Percentage Of Lactose-intolerant People Across Asia-pacific
Table 9: Annual Consumption Of Cow Milk In Asia-pacific, By Country Outlook
Table 10: Asia-pacific Plant-based Food And Beverage Market, By Type, 2023-2030 (In $ Million)
Table 11: Asia-pacific Plant-based Food And Beverage Market, By Plant-based Dairy Derivatives, 2023-2030 (In $ Million)
Table 12: Asia-pacific Plant-based Food And Beverage Market, By Plant-based Meat Substitutes, 2023-2030 (In $ Million)
Table 13: Asia-pacific Plant-based Food And Beverage Market, By Plant-based Beverages, 2023-2030 (In $ Million)
Table 14: Asia-pacific Plant-based Food And Beverage Market, By Plant-based Milk, 2023-2030 (In $ Million)
Table 15: Asia-pacific Plant-based Food And Beverage Market, By Ingredient, 2023-2030 (In $ Million)
Table 16: Asia-pacific Plant-based Food And Beverage Market, By Storage, 2023-2030 (In $ Million)
Table 17: Asia-pacific Plant-based Food And Beverage Market, By Sales Channel, 2023-2030 (In $ Million)
Table 18: Asia-pacific Plant-based Food And Beverage Market, By Offline Sales Channel, 2023-2030 (In $ Million)
Table 19: Asia-pacific Plant-based Food And Beverage Market, By Country Outlook, 2023-2030 (In $ Million)
Figures List
Figure 1: Market Maturity Analysis
Figure 2: Industry Components
Figure 3: Asia-pacific Plant-based Food And Beverage Market, By Type, 2022 & 2030 (In %)
Figure 4: Asia-pacific Plant-based Food And Beverage Market, By Plant-based Dairy Derivatives, 2023-2030 (In $ Million)
Figure 5: Asia-pacific Plant-based Food And Beverage Market, By Plant-based Dairy Derivatives, 2022 & 2030 (In %)
Figure 6: Asia-pacific Plant-based Food And Beverage Market, By Plant-based Ice Cream And Frozen Desserts, 2023-2030 (In $ Million)
Figure 7: Asia-pacific Plant-based Food And Beverage Market, By Plant-based Cheese, 2023-2030 (In $ Million)
Figure 8: Asia-pacific Plant-based Food And Beverage Market, By Plant-based Yogurt, 2023-2030 (In $ Million)
Figure 9: Asia-pacific Plant-based Food And Beverage Market, By Plant-based Creamer, 2023-2030 (In $ Million)
Figure 10: Asia-pacific Plant-based Food And Beverage Market, By Plant-based Dairy Spreads And Dips, 2023-2030 (In $ Million)
Figure 11: Asia-pacific Plant-based Food And Beverage Market, By Plant-based Meat Substitutes, 2023-2030 (In $ Million)
Figure 12: Asia-pacific Plant-based Food And Beverage Market, By Plant-based Meat Substitutes, 2022 & 2030 (In %)
Figure 13: Asia-pacific Plant-based Food And Beverage Market, By Textured Vegetable Protein, 2023-2030 (In $ Million)
Figure 14: Asia-pacific Plant-based Food And Beverage Market, By Tofu, 2023-2030 (In $ Million)
Figure 15: Asia-pacific Plant-based Food And Beverage Market, By Tempeh, 2023-2030 (In $ Million)
Figure 16: Asia-pacific Plant-based Food And Beverage Market, By Mycoprotein, Seitan, And Other Meat Substitutes, 2023-2030 (In $ Million)
Figure 17: Asia-pacific Plant-based Food And Beverage Market, By Plant-based Nutrition/Snack Bars, 2023-2030 (In $ Million)
Figure 18: Asia-pacific Plant-based Food And Beverage Market, By Plant-based Bakery Products, 2023-2030 (In $ Million)
Figure 19: Asia-pacific Plant-based Food And Beverage Market, By Plant-based Beverages, 2023-2030 (In $ Million)
Figure 20: Asia-pacific Plant-based Food And Beverage Market, By Plant-based Beverages, 2022 & 2030 (In %)
Figure 21: Asia-pacific Plant-based Food And Beverage Market, By Plant-based Milk, 2023-2030 (In $ Million)
Figure 22: Asia-pacific Plant-based Food And Beverage Market, By Plant-based Milk, 2022 & 2030 (In %)
Figure 23: Asia-pacific Plant-based Food And Beverage Market, By Soy Milk, 2023-2030 (In $ Million)
Figure 24: Asia-pacific Plant-based Food And Beverage Market, By Almond Milk, 2023-2030 (In $ Million)
Figure 25: Asia-pacific Plant-based Food And Beverage Market, By Other Plant-based Milk, 2023-2030 (In $ Million)
Figure 26: Asia-pacific Plant-based Food And Beverage Market, By Packaged Smoothies, 2023-2030 (In $ Million)
Figure 27: Asia-pacific Plant-based Food And Beverage Market, By Coffee, 2023-2030 (In $ Million)
Figure 28: Asia-pacific Plant-based Food And Beverage Market, By Tea, 2023-2030 (In $ Million)
Figure 29: Asia-pacific Plant-based Food And Beverage Market, By Other Plant-based Beverages, 2023-2030 (In $ Million)
Figure 30: Asia-pacific Plant-based Food And Beverage Market, By Other Plant-based Type Products, 2023-2030 (In $ Million)
Figure 31: Asia-pacific Plant-based Food And Beverage Market, By Ingredient, 2022 & 2030 (In %)
Figure 32: Asia-pacific Plant-based Food And Beverage Market, By Soy, 2023-2030 (In $ Million)
Figure 33: Asia-pacific Plant-based Food And Beverage Market, By Wheat, 2023-2030 (In $ Million)
Figure 34: Asia-pacific Plant-based Food And Beverage Market, By Pea, 2023-2030 (In $ Million)
Figure 35: Asia-pacific Plant-based Food And Beverage Market, By Coconut, 2023-2030 (In $ Million)
Figure 36: Asia-pacific Plant-based Food And Beverage Market, By Almond, 2023-2030 (In $ Million)
Figure 37: Asia-pacific Plant-based Food And Beverage Market, By Cashew, 2023-2030 (In $ Million)
Figure 38: Asia-pacific Plant-based Food And Beverage Market, By Other Ingredients, 2023-2030 (In $ Million)
Figure 39: Asia-pacific Plant-based Food And Beverage Market, By Storage, 2022 & 2030 (In %)
Figure 40: Asia-pacific Plant-based Food And Beverage Market, By Frozen, 2023-2030 (In $ Million)
Figure 41: Asia-pacific Plant-based Food And Beverage Market, By Refrigerated, 2023-2030 (In $ Million)
Figure 42: Asia-pacific Plant-based Food And Beverage Market, By Shelf-stable, 2023-2030 (In $ Million)
Figure 43: Asia-pacific Plant-based Food And Beverage Market, By Sales Channel, 2022 & 2030 (In %)
Figure 44: Asia-pacific Plant-based Food And Beverage Market, By Offline Sales Channel, 2023-2030 (In $ Million)
Figure 45: Asia-pacific Plant-based Food And Beverage Market, By Offline Sales Channel, 2022 & 2030 (In %)
Figure 46: Asia-pacific Plant-based Food And Beverage Market, By Supermarkets/Hypermarkets, 2023-2030 (In $ Million)
Figure 47: Asia-pacific Plant-based Food And Beverage Market, By Convenience Stores, 2023-2030 (In $ Million)
Figure 48: Asia-pacific Plant-based Food And Beverage Market, By Specialty Stores, 2023-2030 (In $ Million)
Figure 49: Asia-pacific Plant-based Food And Beverage Market, By Other Offline Sales Channels, 2023-2030 (In $ Million)
Figure 50: Asia-pacific Plant-based Food And Beverage Market, By Online Sales Channel, 2023-2030 (In $ Million)
Figure 51: Asia-pacific Plant-based Food And Beverage Market, By Country Outlook, 2022 & 2030 (In %)
Figure 52: China Plant-based Food And Beverage Market 2023-2030 (In $ Million)
Figure 53: Japan Plant-based Food And Beverage Market 2023-2030 (In $ Million)
Figure 54: India Plant-based Food And Beverage Market 2023-2030 (In $ Million)
Figure 55: South Korea Plant-based Food And Beverage Market 2023-2030 (In $ Million)
Figure 56: Asean Countries Plant-based Food And Beverage Market 2023-2030 (In $ Million)
Figure 57: Australia And New Zealand Plant-based Food And Beverage Market 2023-2030 (In $ Million)
Figure 58: Rest Of Asia-pacific Plant-based Food And Beverage Market 2023-2030 (In $ Million)

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