Plant-Based Food & Beverage Alternatives Market to Reach USD 32.29 Billion By 2027 | Emergen Research

Plant-Based Food & Beverage Alternatives Market to Reach USD 32

Vancouver, British Columbia, Dec. 03, 2020 (GLOBE NEWSWIRE) — The Global Plant-Based Food & Beverage Alternatives Market is forecast to be worth USD 32.29 billion by 2027, according to the current analysis by Emergen Research. The growing emphasis on plant-based meat & dairy alternatives amongst the lactose intolerant population & other patients with ailments that forbid the ingestion of meat and rising concerns with weight management, higher emphasis on weight loss are some major drivers for the growth of the market.Additionally, the expanding vegan population and the growing practice of consuming low-fat milk have been some factors propelling the demand for this market. Besides, some types of plant-based milk have been very effective in enhancing antioxidant degree, providing exceptionally low sugar & calorie content, working as an efficient source of calcium for bones & providing high bone density, digestive health & weight management.Get FREE Sample Copy with TOC of the Report to understand the structure of the complete [email protected] global Plant-Based Food & Beverage Alternatives market is expected to remain a highly competitive and fragmented landscape, consisting of a number of both small start-ups & medium enterprises and large conglomerates. During the projected era, increasing demand for technological development and higher diversification in offered products ensure the enormous growth potential for innovative players.Further key findings from the report suggestIn December 2019, Danone S.A. announced its active participation in a funding round for the plant-based business of Halsa Foods. Halsa Foods manufactures a variety of dairy alternatives across the United States.The soy sub-segment is growing with the fastest CAGR of 17.3% owing to its massive ongoing & forecast demand. The products in soy-based protein or milk serve as an excellent source of dietary protein.The Asia Pacific market is predicted to accelerate with the fastest growth rate during the forecast period. The growth of the vegan population, the growing preference for plant-based alternatives due to its massive health benefits in the Asia Pacific region, which are mostly dominated by the countries, namely China and India, is gaining a positive impact on the overall worldwide market growth throughout the forecast period.Key players in the market include Blue Diamond Growers Inc., Before the Butcher LLC, Califia Farms LP, Daiya Foods Inc., Field Roast Grain Meat Co. Inc., Impossible Foods Inc., Amy’s Kitchen, Boca Foods Co., ConAgra Brands Inc., and Danone S.A., among others.ORDER NOW (Customized Report Delivered as per Your Specific Requirement)@ the purpose of this report, Emergen Research has segmented the Global Plant-Based Food & Beverages Alternatives Market on the basis of product type, source, distribution channel, and region:Product Type Outlook $1Plant-Based Dairy           Plant-Based MilkPlant-Based CheesePlant-Based CreamersPlant-Based ButterPlant-Based Yogurt Plant-Based Meat          Others  Source Outlook (Revenue: USD Billion; Volume: Million MT; 2017-2027)SoyWheatAlmondCornOthersDistribution Channel Outlook (Revenue: USD Billion; Volume: Million MT; 2017-2027)Supermarkets/HypermarketsConvenience StoresSpecialty StoresOnline StoresOthersTo identify the key trends in the industry and read full summary click on the link: Outlook (Revenue: USD Billion; Volume: Million MT; 2017-2027)North AmericaU.S.CanadaEuropeRussiaU.K.GermanyFranceBENELUXAsia PacificChinaJapanSouth KoreaIndiaRest of APACLatin AmericaBrazilRest of LATAMMiddle East & AfricaSaudi ArabiaU.A.E.IsraelRest of MEATake a Look at our Related Reports:Fermented Food and Ingredients Market By Food Type (Fermented Dairy Products, Fermented Beverages), By Ingredient Type (Organic acids, Amino acids, Industrial Enzymes), By Distribution Channel (Online stores, Supermarkets), Forecasts to 2027Isoflavones market size was valued at USD 17.03 Billion in 2019 and is forecasted to reach USD 45.22 Billion by 2027 at a CAGR of 12.9%. The isoflavones market is observing high demand attributed to its increasing applications in nutraceuticals, pharmaceuticals, food & beverage, and cosmetics.Ultra High Temperature (UHT) Milk Market size was valued at USD 57.58 Billion in 2019 and is forecasted to reach USD 101.64 Billion by 2027 at a CAGR of 7.8%. The market is mainly driven by the increasing demand for extended shelf-life of milk products.About Emergen ResearchEmergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.Contact Us:Eric LeeCorporate Sales SpecialistEmergen Research | Web: www.emergenresearch.comDirect Line: +1 (604) 757-9756E-mail: [email protected]Facebook | LinkdIn | Twitter | BlogsRead Full Press [email protected]

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