New Reports on Plant-Based Food & Beverages Market
21 Oct 2022 • by Natalie Aster
LONDON – Market Publishers is pleased to inform that a great number of insightful research studies featuring the plant-based food and beverages market have been recently added at MarketPublishers.com. These cutting-edge topical reports provide access to reliable information on the examined markets’ scenarios, dynamics, growth influencing factors, trends, prospects, competitive landscape, etc., and also uncover historical and current statistics and give future forecasts. Our experts have selected the 3 most popular latest reports covering the plant-based food and beverages market available at MarketPublishers.com:
The world’s market for vegan food is predicted to register robust growth at a CAGR of 10.6% between 2022 and 2030, propelled by the increasing consumer preference for plant-based food, rising awareness of the health benefits of the vegan diet, and soaring veganism trend. However, high prices of vegan food backed by expensive manufacturing processes may hinder the market growth to a certain extent. In 2030, the value of the global vegan food market is poised to cross USD 37.4 billion. North America is expected to hold the biggest share of the global vegan food market during the forecast period…
The world’s market for plant-based beverages is slated for robust growth at a CAGR of 12.7% between 2022 and 2030 and is poised to cross the USD 71.8 billion mark in terms of value by the end of the forecast period. Some of the key factors expected to bolster the market growth include the soaring trend of veganism, new product launches, mounting demand for organically processed beverages, rising government support for organic agriculture, and enhancing health consciousness among consumers. The coconut-based beverages sector is expected to demonstrate the highest growth rates during the forecast period. Geographically, Asia-Pacific is projected to command the biggest share of the global plant-based beverages market in the next 8 years…
The worldwide market for dairy alternatives crossed the value of USD 24.9 billion last year and is slated to amount to USD 47.7 billion by 2027, increasing at a CAGR of 11.4% in the next 5 years. The rising incidence of chronic medical ailments (such as diabetes, cardiovascular (CVD), and gastrointestinal diseases, among others) along with the increasing number of people with lactose intolerance will likely act as the major market growth engine during the forecast period. Furthermore, such factors as enhancing awareness about the benefits of consuming dairy alternatives, the rising trend of veganism, technological advancements in production processes, and the availability of various sweetened, flavored, and unsweetened variants are also expected to boost the dairy alternative market growth through 2027…
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