Plant-Based Food Market Research Report - Forecast till 2027

Plant-Based Food Market: Information by Type (Plant-Based Milk & Derivatives [Plant-Based Milk, Plant-Based Cheese, Plant-Based Yogurt, Plant-Based Butter and others], Bakery & Confectionery, Sweet & Savory Snacks, Plant-Based Juices, RTD Tea & Coffee, RTE & RTC Meals and Others), Category (Organic and Conventional), Distribution Channel (Store-Based [Supermarkets & Hypermarkets, Convenience Stores and Others] and Non-Store-Based) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027

ID: MRFR/F-B & N/7106-CR | February, 2021 | Region : Global

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS 15

1.1.1 GLOBAL PLANT-BASED FOOD MARKET, BY TYPE 16

1.1.2 GLOBAL PLANT-BASED FOOD MARKET, BY CATEGORY 17

1.1.3 GLOBAL PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL 18

1.1.4 GLOBAL PLANT-BASED FOOD MARKET, BY REGION 19

2 MARKET INTRODUCTION

2.1 DEFINITION 20

2.2 SCOPE OF THE STUDY 20

2.3 RESEARCH OBJECTIVE 20

2.4 MARKET STRUCTURE 21

2.5 KEY BUYING CRITERIA 21

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS 22

3.2 PRIMARY RESEARCH 23

3.3 SECONDARY RESEARCH 24

3.4 MARKET SIZE ESTIMATION 24

3.5 FORECAST MODEL 26

3.6 LIST OF ASSUMPTIONS 27

4 MARKET INSIGHTS

5 MARKET DYNAMICS

5.1 INTRODUCTION 30

5.2 DRIVERS 31

5.2.1 RISING PREVALENCE OF LACTOSE INTOLERANCE 31

5.2.2 INCREASING ADOPTION OF VEGETARIAN AND VEGAN DIET 31

5.2.3 DRIVERS IMPACT ANALYSIS 32

5.3 RESTRAINT 32

5.3.1 POOR SENSORY PROPERTIES AND ALLERGEN REACTION ASSOCIATED TO CERTAIN PLANT PROTEIN SOURCES 32

5.3.2 RESTRAINT IMPACT ANALYSIS 33

5.4 OPPORTUNITIES 33

5.4.1 RISING ADOPTION OF PLANT-PROTEIN INGREDIENTS AMONG THE FOOD & BEVERAGES MANUFACTURERS 33

5.4.2 GROWTH OF THE ORGANIZED RETAIL SECTOR IN EMERGING ECONOMIES 34

5.5 CHALLENGES 34

5.5.1 CONSUMER PREFERENCE 34

6 MARKET FACTOR ANALYSIS

6.1 VALUE CHAIN ANALYSIS 35

6.1.1 RAW MATERIAL PROCUREMENT 36

6.1.2 PROCESSING 37

6.1.3 PACKAGING 37

6.2 SUPPLY CHAIN ANALYSIS 38

6.3 PORTER’S FIVE FORCES MODEL 39

6.3.1 THREAT OF NEW ENTRANTS 40

6.3.2 BARGAINING POWER OF SUPPLIERS 40

6.3.3 BARGAINING POWER OF BUYERS 40

6.3.4 THREAT OF SUBSTITUTES 40

6.3.5 INTENSITY OF RIVALRY 40

6.4 IMPACT OF COVID-19 PANDEMIC ON THE GLOBAL PLANT-BASED FOOD MARKET 41

7 PLANT-BASED FOOD MARKET, BY TYPE

7.1 OVERVIEW 42

7.1.1 GLOBAL PLANT-BASED FOOD MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2027 43

7.2 PLANT-BASED MILK & DERIVATIVES 43

7.2.1 PLANT-BASED MILK & DERIVATIVES: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 44

7.3 BAKERY & CONFECTIONERY 44

7.3.1 BAKERY & CONFECTIONERY: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 45

7.4 SWEET & SAVORY SNACKS 45

7.4.1 SWEET & SAVORY SNACKS: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 45

7.5 PLANT-BASED JUICES 46

7.5.1 PLANT-BASED JUICES: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 46

7.6 RTD TEA & COFFEE 46

7.6.1 RTD TEA & COFFEE: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 47

7.7 RTE & RTC MEALS 47

7.7.1 RTE & RTC MEALS: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 47

7.8 OTHERS 48

7.8.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 48

8 PLANT-BASED FOOD MARKET, BY CATEGORY

8.1 OVERVIEW 49

8.1.1 GLOBAL PLANT-BASED FOOD MARKET ESTIMATES & FORECAST, BY CATEGORY, 2021-2027 50

8.2 CONVENTIONAL 50

8.2.1 CONVENTIONAL: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 50

8.3 ORGANIC 51

8.3.1 ORGANIC: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 51

9 PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

9.1 OVERVIEW 52

9.1.1 GLOBAL PLANT-BASED FOOD MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2021-2027 53

9.2 STORE-BASED 53

9.2.1 STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 54

9.3 NON-STORE-BASED 54

9.3.1 NON-STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 54

10 GLOBAL PLANT-BASED FOOD MARKET, BY REGION

10.1 OVERVIEW 55

10.2 NORTH AMERICA 57

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.2.1 US 60

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.2.2 CANADA 62

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.2.3 MEXICO 64

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.3 EUROPE 66

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.3.1 GERMANY 69

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.3.2 UK 70

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.3.3 FRANCE 72

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.3.4 SPAIN 74

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.3.5 ITALY 75

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.3.6 REST OF EUROPE 77

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.4 ASIA-PACIFIC 79

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.4.1 CHINA 82

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.4.2 JAPAN 84

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.4.3 INDIA 86

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.4.4 AUSTRALIA 87

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.4.5 NEW ZEALAND 89

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.4.6 REST OF ASIA-PACIFIC 91

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.5 REST OF THE WORLD 93

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.5.1 SOUTH AMERICA 96

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.5.2 MIDDLE EAST 98

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

10.5.3 AFRICA 100

PLANT-BASED FOOD MARKET, BY TYPE

PLANT-BASED FOOD MARKET, BY CATEGORY

PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL

11 SMALL & MEDIUM-SCALE ENTERPRISES AND START-UPS IN PLANT-BASED CHEESE MARKET

11.1 OVERVIEW OF SMALL & MEDIUM-SCALE ENTERPRISES AND START-UPS OPERATING WITHIN THE PLANT-BASED CHEESE MARKET 102

12 COMPETITIVE LANDSCAPE

12.1 COMPETITIVE OVERVIEW 103

12.2 MARKET STRATEGY ANALYSIS 103

12.3 KEY DEVELOPMENTS 104

12.4 COMPETITIVE BENCHMARKING 106

13 COMPANY PROFILES

13.1 TYSON FOODS, INC. 107

13.1.1 COMPANY OVERVIEW 107

13.1.2 FINANCIAL OVERVIEW 108

13.1.3 PRODUCTS OFFERED 108

13.1.4 KEY DEVELOPMENTS 109

13.1.5 KEY STRATEGIES 109

13.2 DANONE SA 110

13.2.1 COMPANY OVERVIEW 110

13.2.2 FINANCIAL OVERVIEW 110

13.2.3 PRODUCTS OFFERED 111

13.2.4 KEY DEVELOPMENTS 111

13.2.5 SWOT ANALYSIS 112

13.2.6 KEY STRATEGIES 112

13.3 NESTLÉ S.A. 113

13.3.1 COMPANY OVERVIEW 113

13.3.2 FINANCIAL OVERVIEW 113

13.3.3 PRODUCTS OFFERED 114

13.3.4 KEY DEVELOPMENTS 114

13.3.5 SWOT ANALYSIS 115

13.3.6 KEY STRATEGIES 116

13.4 GENERAL MILLS, INC. 117

13.4.1 COMPANY OVERVIEW 117

13.4.2 FINANCIAL OVERVIEW 117

13.4.3 PRODUCTS OFFERED 118

13.4.4 KEY DEVELOPMENTS 118

13.4.5 SWOT ANALYSIS 119

13.4.6 KEY STRATEGIES 119

13.5 CLARA FOODS 120

13.5.1 COMPANY OVERVIEW 120

13.5.2 FINANCIAL OVERVIEW 120

13.5.3 PRODUCTS OFFERED 120

13.5.4 KEY DEVELOPMENTS 120

13.5.5 KEY STRATEGIES 120

13.6 KEYSTONE NATURAL HOLDINGS 121

13.6.1 COMPANY OVERVIEW 121

13.6.2 FINANCIAL OVERVIEW 121

13.6.3 PRODUCTS OFFERED 121

13.6.4 KEY DEVELOPMENTS 121

13.6.5 KEY STRATEGIES 121

13.7 PREMIER FOODS PLC 122

13.7.1 COMPANY OVERVIEW 122

13.7.2 FINANCIAL OVERVIEW 122

13.7.3 PRODUCTS OFFERED 123

13.7.4 KEY DEVELOPMENTS 123

13.7.5 SWOT ANALYSIS 124

13.7.6 KEY STRATEGIES 124

13.8 DEL MONTE FRESH PRODUCE N.A., INC. 125

13.8.1 COMPANY OVERVIEW 125

13.8.2 FINANCIAL OVERVIEW 125

13.8.3 PRODUCTS OFFERED 126

13.8.4 KEY DEVELOPMENTS 126

13.8.5 KEY STRATEGIES 126

13.9 AMY’S KITCHEN 127

13.9.1 COMPANY OVERVIEW 127

13.9.2 FINANCIAL OVERVIEW 127

13.9.3 PRODUCTS OFFERED 127

13.9.4 KEY DEVELOPMENTS 127

13.9.5 SWOT ANALYSIS 128

13.9.6 KEY STRATEGIES 128

14 REFERENCES

15 LIST OF TABLES

TABLE 1 PRIMARY INTERVIEWS 23

TABLE 2 LIST OF ASSUMPTIONS 27

TABLE 3 FAT, PROTEIN, AND CALORIE CONTENT PROFILE OF VARIOUS MILK SOURCES 31

TABLE 4 GLOBAL PLANT-BASED FOOD MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2027 (USD MILLION) 43

TABLE 5 PLANT-BASED MILK & DERIVATIVES: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 (USD MILLION) 44

TABLE 6 BAKERY & CONFECTIONERY: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 (USD MILLION) 45

TABLE 7 SWEET & SAVORY SNACKS: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 (USD MILLION) 45

TABLE 8 PLANT-BASED JUICES: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 (USD MILLION) 46

TABLE 9 RTD TEA & COFFEE: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 (USD MILLION) 47

TABLE 10 RTE & RTC MEALS: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 (USD MILLION) 47

TABLE 11 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 (USD MILLION) 48

TABLE 12 GLOBAL PLANT-BASED FOOD MARKET ESTIMATES & FORECAST, BY CATEGORY, 2021-2027 (USD MILLION) 50

TABLE 13 CONVENTIONAL: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 (USD MILLION) 50

TABLE 14 ORGANIC: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 (USD MILLION) 51

TABLE 15 GLOBAL PLANT-BASED FOOD MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2021-2027 (USD MILLION) 53

TABLE 16 STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 (USD MILLION) 54

TABLE 17 NON-STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 (USD MILLION) 54

TABLE 18 GLOBAL PLANT-BASED FOOD MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 (USD MILLION) 56

TABLE 19 NORTH AMERICA: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2021-2027 (USD MILLION) 58

TABLE 20 NORTH AMERICA: PLANT-BASED FOOD MARKET, BY TYPE, 2021-2027 (USD MILLION) 58

TABLE 21 NORTH AMERICA: PLANT-BASED FOOD MARKET, BY CATEGORY, 2021-2027 (USD MILLION) 59

TABLE 22 NORTH AMERICA: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2021-2027 (USD MILLION) 59

TABLE 23 US: PLANT-BASED FOOD MARKET, BY TYPE, 2021-2027 (USD MILLION) 60

TABLE 24 US: PLANT-BASED FOOD MARKET, BY CATEGORY, 2021-2027 (USD MILLION) 61

TABLE 25 US: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2021-2027 (USD MILLION) 61

TABLE 26 CANADA: PLANT-BASED FOOD MARKET, BY TYPE, 2021-2027 (USD MILLION) 62

TABLE 27 CANADA: PLANT-BASED FOOD MARKET, BY CATEGORY, 2021-2027 (USD MILLION) 63

TABLE 28 CANADA: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2021-2027 (USD MILLION) 63

TABLE 29 MEXICO: PLANT-BASED FOOD MARKET, BY TYPE, 2021-2027 (USD MILLION) 64

TABLE 30 MEXICO: PLANT-BASED FOOD MARKET, BY CATEGORY, 2021-2027 (USD MILLION) 65

TABLE 31 MEXICO: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2021-2027 (USD MILLION) 65

TABLE 32 EUROPE: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2021-2027 (USD MILLION) 67

TABLE 33 EUROPE: PLANT-BASED FOOD MARKET, BY TYPE, 2021-2027 (USD MILLION) 67

TABLE 34 EUROPE: PLANT-BASED FOOD MARKET, BY CATEGORY, 2021-2027 (USD MILLION) 68

TABLE 35 EUROPE: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2021-2027 (USD MILLION) 68

TABLE 36 GERMANY: PLANT-BASED FOOD MARKET, BY TYPE, 2021-2027 (USD MILLION) 69

TABLE 37 GERMANY: PLANT-BASED FOOD MARKET, BY CATEGORY, 2021-2027 (USD MILLION) 69

TABLE 38 GERMANY: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2021-2027 (USD MILLION) 70

TABLE 39 UK: PLANT-BASED FOOD MARKET, BY TYPE, 2021-2027 (USD MILLION) 70

TABLE 40 UK: PLANT-BASED FOOD MARKET, BY CATEGORY, 2021-2027 (USD MILLION) 71

TABLE 41 UK: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2021-2027 (USD MILLION) 71

TABLE 42 FRANCE: PLANT-BASED FOOD MARKET, BY TYPE, 2021-2027 (USD MILLION) 72

TABLE 43 FRANCE: PLANT-BASED FOOD MARKET, BY CATEGORY, 2021-2027 (USD MILLION) 73

TABLE 44 FRANCE: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2021-2027 (USD MILLION) 73

TABLE 45 SPAIN: PLANT-BASED FOOD MARKET, BY TYPE, 2021-2027 (USD MILLION) 74

TABLE 46 SPAIN: PLANT-BASED FOOD MARKET, BY CATEGORY, 2021-2027 (USD MILLION) 74

TABLE 47 SPAIN: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2021-2027 (USD MILLION) 75

TABLE 48 ITALY: PLANT-BASED FOOD MARKET, BY TYPE, 2021-2027 (USD MILLION) 75

TABLE 49 ITALY: PLANT-BASED FOOD MARKET, BY CATEGORY, 2021-2027 (USD MILLION) 76

TABLE 50 ITALY: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2021-2027 (USD MILLION) 76

TABLE 51 REST OF EUROPE: PLANT-BASED FOOD MARKET, BY TYPE, 2021-2027 (USD MILLION) 77

TABLE 52 REST OF EUROPE: PLANT-BASED FOOD MARKET, BY CATEGORY, 2021-2027 (USD MILLION) 78

TABLE 53 REST OF EUROPE: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2021-2027 (USD MILLION) 78

TABLE 54 ASIA-PACIFIC: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2021-2027 (USD MILLION) 80

TABLE 55 ASIA-PACIFIC: PLANT-BASED FOOD MARKET, BY TYPE, 2021-2027 (USD MILLION) 80

TABLE 56 ASIA-PACIFIC: PLANT-BASED FOOD MARKET, BY CATEGORY, 2021-2027 (USD MILLION) 81

TABLE 57 ASIA-PACIFIC: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2021-2027 (USD MILLION) 81

TABLE 58 CHINA: PLANT-BASED FOOD MARKET, BY TYPE, 2021-2027 (USD MILLION) 82

TABLE 59 CHINA: PLANT-BASED FOOD MARKET, BY CATEGORY, 2021-2027 (USD MILLION) 83

TABLE 60 CHINA: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2021-2027 (USD MILLION) 83

TABLE 61 JAPAN: PLANT-BASED FOOD MARKET, BY TYPE, 2021-2027 (USD MILLION) 84

TABLE 62 JAPAN: PLANT-BASED FOOD MARKET, BY CATEGORY, 2021-2027 (USD MILLION) 85

TABLE 63 JAPAN: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2021-2027 (USD MILLION) 85

TABLE 64 INDIA: PLANT-BASED FOOD MARKET, BY TYPE, 2021-2027 (USD MILLION) 86

TABLE 65 INDIA: PLANT-BASED FOOD MARKET, BY CATEGORY, 2021-2027 (USD MILLION) 86

TABLE 66 INDIA: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2021-2027 (USD MILLION) 87

TABLE 67 AUSTRALIA: PLANT-BASED FOOD MARKET, BY TYPE, 2021-2027 (USD MILLION) 87

TABLE 68 AUSTRALIA: PLANT-BASED FOOD MARKET, BY CATEGORY, 2021-2027 (USD MILLION) 88

TABLE 69 AUSTRALIA: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2021-2027 (USD MILLION) 88

TABLE 70 NEW ZEALAND: PLANT-BASED FOOD MARKET, BY TYPE, 2021-2027 (USD MILLION) 89

TABLE 71 NEW ZEALAND: PLANT-BASED FOOD MARKET, BY CATEGORY, 2021-2027 (USD MILLION) 90

TABLE 72 NEW ZEALAND: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2021-2027 (USD MILLION) 90

TABLE 73 REST OF ASIA-PACIFIC: PLANT-BASED FOOD MARKET, BY TYPE, 2021-2027 (USD MILLION) 91

TABLE 74 REST OF ASIA-PACIFIC: PLANT-BASED FOOD MARKET, BY CATEGORY, 2021-2027 (USD MILLION) 92

TABLE 75 REST OF ASIA-PACIFIC: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2021-2027 (USD MILLION) 92

TABLE 76 REST OF THE WORLD: MARKET ESTIMATES & FORECAST, BY REGION, 2021-2027 (USD MILLION) 93

TABLE 77 REST OF THE WORLD: PLANT-BASED FOOD MARKET, BY TYPE, 2021-2027 (USD MILLION) 94

TABLE 78 REST OF THE WORLD: PLANT-BASED FOOD MARKET, BY CATEGORY, 2021-2027 (USD MILLION) 95

TABLE 79 REST OF THE WORLD: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2021-2027 (USD MILLION) 95

TABLE 80 SOUTH AMERICA: PLANT-BASED FOOD MARKET, BY TYPE, 2021-2027 (USD MILLION) 96

TABLE 81 SOUTH AMERICA: PLANT-BASED FOOD MARKET, BY CATEGORY, 2021-2027 (USD MILLION) 97

TABLE 82 SOUTH AMERICA: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2021-2027 (USD MILLION) 97

TABLE 83 MIDDLE EAST: PLANT-BASED FOOD MARKET, BY TYPE, 2021-2027 (USD MILLION) 98

TABLE 84 MIDDLE EAST: PLANT-BASED FOOD MARKET, BY CATEGORY, 2021-2027 (USD MILLION) 99

TABLE 85 MIDDLE EAST: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2021-2027 (USD MILLION) 99

TABLE 86 AFRICA: PLANT-BASED FOOD MARKET, BY TYPE, 2021-2027 (USD MILLION) 100

TABLE 87 AFRICA: PLANT-BASED FOOD MARKET, BY CATEGORY, 2021-2027 (USD MILLION) 101

TABLE 88 AFRICA: PLANT-BASED FOOD MARKET, BY DISTRIBUTION CHANNEL, 2021-2027 (USD MILLION) 101

TABLE 89 OVERVIEW OF SMALL & MEDIUM-SCALE ENTERPRISES AND START-UPS OPERATING WITHIN

THE PLANT-BASED CHEESE MARKET 102

TABLE 90 KEY DEVELOPMENTS 104

TABLE 91 TYSON FOODS, INC.: PRODUCTS OFFERED 108

TABLE 92 TYSON FOODS, INC.: KEY DEVELOPMENTS 109

TABLE 93 DANONE SA: PRODUCTS OFFERED 111

TABLE 94 DANONE SA: KEY DEVELOPMENTS 111

TABLE 95 NESTLÉ S.A.: PRODUCTS OFFERED 114

TABLE 96 NESTLÉ S.A.: KEY DEVELOPMENTS 114

TABLE 97 GENERAL MILLS, INC.: PRODUCTS OFFERED 118

TABLE 98 GENERAL MILLS, INC.: KEY DEVELOPMENTS 118

TABLE 99 CLARA FOODS: PRODUCTS OFFERED 120

TABLE 100 KEYSTONE NATURAL HOLDINGS: PRODUCTS OFFERED 121

TABLE 101 PREMIER FOODS PLC: PRODUCTS OFFERED 123

TABLE 102 PREMIER FOODS PLC: KEY DEVELOPMENTS 123

TABLE 103 DEL MONTE FRESH PRODUCE N.A., INC.: PRODUCTS OFFERED 126

TABLE 104 AMY’S KITCHEN: PRODUCTS OFFERED 127

16 LIST OF FIGURES

FIGURE 1 MARKET SYNOPSIS 14

FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL PLANT-BASED FOOD MARKET, 2021 15

FIGURE 3 GLOBAL PLANT-BASED FOOD MARKET ANALYSIS, BY TYPE 16

FIGURE 4 GLOBAL PLANT-BASED FOOD MARKET ANALYSIS, BY CATEGORY 17

FIGURE 5 GLOBAL PLANT-BASED FOOD MARKET ANALYSIS, BY DISTRIBUTION CHANNEL 18

FIGURE 6 GLOBAL PLANT-BASED FOOD MARKET ANALYSIS, BY REGION, 2021 19

FIGURE 7 GLOBAL PLANT-BASED FOOD MARKET: STRUCTURE 21

FIGURE 8 KEY BUYING CRITERIA FOR PLANT-BASED FOOD 21

FIGURE 9 RESEARCH PROCESS 22

FIGURE 10 TOP-DOWN AND BOTTOM-UP APPROACHES 25

FIGURE 11 NORTH AMERICA: PLANT-BASED FOOD MARKET SIZE, BY COUNTRY (2021 VS. 2026) 28

FIGURE 12 EUROPE: PLANT-BASED FOOD MARKET SIZE, BY COUNTRY (2021 VS. 2026) 28

FIGURE 13 ASIA-PACIFIC: PLANT-BASED FOOD MARKET SIZE, BY COUNTRY (2021 VS. 2026) 29

FIGURE 14 REST OF THE WORLD: PLANT-BASED FOOD MARKET SIZE, BY REGION (2021 VS. 2026) 29

FIGURE 15 MARKET DYNAMICS OVERVIEW 30

FIGURE 16 DRIVERS IMPACT ANALYSIS: GLOBAL PLANT-BASED FOOD MARKET 32

FIGURE 17 RESTRAINT IMPACT ANALYSIS: GLOBAL PLANT-BASED FOOD MARKET 33

FIGURE 18 VALUE CHAIN: PLANT-BASED MILK 36

FIGURE 19 GLOBAL PLANT-BASED FOOD MARKET: SUPPLY CHAIN ANALYSIS 38

FIGURE 20 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL PLANT-BASED FOOD MARKET 39

FIGURE 21 GLOBAL PLANT-BASED FOOD MARKET, BY TYPE, 2021 (% SHARE) 42

FIGURE 22 GLOBAL PLANT-BASED FOOD MARKET, BY TYPE, 2021-2027 (USD MILLION) 42

FIGURE 23 GLOBAL PLANT-BASED FOOD MARKET, BY CATEGORY, 2021 (% SHARE) 49

FIGURE 24 GLOBAL PLANT-BASED FOOD MARKET, BY CATEGORY, 2021-2027 (USD MILLION) 49

FIGURE 25 GLOBAL PLANT-BASED FOOD MARKET SHARE, BY DISTRIBUTION CHANNEL, 2021 (% SHARE) 52

FIGURE 26 GLOBAL PLANT-BASED FOOD MARKET SIZE, BY DISTRIBUTION CHANNEL, 2021-2027 (USD MILLION) 52

FIGURE 27 GLOBAL PLANT-BASED FOOD MARKET, BY REGION, 2021-2027 (USD MILLION) 55

FIGURE 28 GLOBAL PLANT-BASED FOOD MARKET, BY REGION, 2021 (% SHARE) 56

FIGURE 29 NORTH AMERICA: PLANT-BASED FOOD MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 57

FIGURE 30 EUROPE: PLANT-BASED FOOD MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 66

FIGURE 31 ASIA-PACIFIC: PLANT-BASED FOOD MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 79

FIGURE 32 REST OF THE WORLD: PLANT-BASED FOOD MARKET SHARE, BY REGION, 2018 (% SHARE) 93

FIGURE 33 MAJOR MANUFACTURERS’ STRATEGY ANALYSIS, 2021 103

FIGURE 34 BENCHMARKING OF MAJOR COMPETITORS 106

FIGURE 35 TYSON FOODS, INC.: FINANCIAL OVERVIEW SNAPSHOT 108

FIGURE 36 DANONE SA: FINANCIAL OVERVIEW SNAPSHOT 110

FIGURE 37 DANONE SA: SWOT ANALYSIS 112

FIGURE 38 NESTLÉ S.A.: FINANCIAL OVERVIEW SNAPSHOT 113

FIGURE 39 NESTLÉ S.A.: SWOT ANALYSIS 115

FIGURE 40 GENERAL MILLS, INC.: FINANCIAL OVERVIEW SNAPSHOT 117

FIGURE 41 GENERAL MILLS, INC.: SWOT ANALYSIS 119

FIGURE 42 PREMIER FOODS PLC: FINANCIAL OVERVIEW SNAPSHOT 122

FIGURE 43 PREMIER FOODS PLC: SWOT ANALYSIS 124

FIGURE 44 DEL MONTE FRESH PRODUCE N.A., INC.: FINANCIAL OVERVIEW SNAPSHOT 125

FIGURE 45 AMY’S KITCHEN: SWOT ANALYSIS 128

Plant-Based Food Market

Plant-Based Food Market is expected to register a CAGR of 10.20% to reach USD 37981.6 Mn by 2027. What was once just an omnivore style of living, with meat-based diets on the forefront, today has major vegan influences.

Segmentation

By Type Plant-Based Milk & Derivatives Bakery & Confectionery Sweet & Savory Snacks Plant-Based Juices RTD Tea & Coffee RTE & RTC Meals Others
By Category Organic Conventional
By Distribution Channel Store-Based Non-Store-Based
By Region North America Europe Asia-Pacific Rest of the World

Key Players

  • Tyson Foods Inc.
  • Nestle SA
  • Keystone Natural Holdings
  • General Mills Inc
  • Premier Foods PLC

Drivers

  • Growing consumer preference for a vegan
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