Global Plant Based Foods Market Overview, Size, Share and Trends 2020

[stiv smith]

Summary - A new market study, titled “Global Plant Based Foods Market Research Report 2020”has been featured on WiseGuy Reports.

The Plant-Based Food market stood at US$ 4,373.0 million in 2018 and is expected to grow at a CAGR of 10.19% during the forecast period 2019-2025. The global meat and dairy sector are currently going through an unprecedented level of competition and disruption, driven by the growth of viable plant-based alternatives across many categories. People are reducing or eliminating animal products from their diet for a variety of reasons. Some want to cut back on cholesterol, others may be concerned about animal welfare, and some tend to worry about the effect of animal agriculture on the environment. Whatever the reason may be, consumers globally are shifting to plant-based food diet. There is a seismic shift occurring in eating habits, creating a significant market opportunity for plant-based foods. Most important, many researches reveal that for consumers, consuming plant-based foods have moved beyond experimentation into a permanent change brought on by health, lifestyle and social factors. Thus, following are market dynamics that discuss the plant-based food product aspects in the market.
Climate change is recognised as a significant public health issue that will impact on food security. One of the major contributors to global warming is the livestock industry, and, relative to plant-based agriculture, meat production has a much higher environmental impact in relation to freshwater use, amount of land required, and waste products generated. Promoting increased consumption of plant-based foods is a recommended strategy to reduce human impact on the environment and is also now recognised as a potential strategy to reduce the high rates of some chronic diseases such as cardiovascular disease and certain cancers.
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Reasons to buy (The research report presents):
• Current and future market size from 2018 to 2025 in terms of value (US$)
• Combined analysis of deep dive secondary research and input from primary research through Key Opinion Leaders of the industry
• Detail analysis of the impact of plant-based food on human and environment
• Analysis of regional variations and changing meat-eating trends
• A quick review of overall industry performance at a glance
• An In-depth analysis of key industry players
• A detailed analysis of regulatory framework, drivers, restraints, key trends and opportunities prevailing in the industry
• Examination of industry attractiveness with the help of Porter’s Five Forces analysis
• The study comprehensively covers the market across different segments and sub-segments of the global plant-based food market
• Region covered: North America, Europe, Asia Pacific and Rest of World
Customization Options:
The Plant-Based Food market can be customized for different region globally and at country level as well. Besides this, UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients.
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