Plant-Based Alternatives/ Ingredients Market Research Reports

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Plant-Based Alternatives/ Ingredients Market Research Reports & Consulting

Globally, the food & beverage industry is witnessing a drastic shift in consumer behavior, in terms of food & beverage choices. The scenario is due to the sudden rise in consumer demand for plant-based products. After the much-talked-about vegan trend, which is quite restrictive and eliminates the consumption of animal-derived products, including dairy, there has been a rise in the number of people opting for a flexitarian diet, which occasionally allows the consumption of meat and dairy products. Consumers these days are looking for healthier and sustainable food options with reduced fat content, which drives the demand for plant-based products. Hence, due to health concerns and sustainability issues, consuming products imbibed with plant protein is becoming a popular trend across the globe.

The current plant-based food & beverage industry is highly dynamic. Factors such as the growing inclination toward healthy lifestyles, awareness about the benefits of a plant-based diet, rise in the number of flexitarian and vegan population, growing investments, and favorable government policies and initiatives are driving the demand for plant-based products. There has been a significant level of consumer interest toward plant-based frozen food products, as well, which is expected to pace up further with the growing health concerns and awareness about animal welfare and sustainability. Many retailers are also coming up with vegan food options by introducing their private label brands. Plant-based ice creams are also very trending these days. Startups have also been rapidly innovating in this space. These trends, coupled with government initiatives, new product launches, investments, and expansions in the market, are expected to support plant-based alternatives market growth and would create a sustainable environment and future ahead.

The market study on plant-based alternatives/ingredients includes plant-based beverages, plant-based meat, plant-based protein, dairy alternatives, botanical extracts, wheat protein, soy protein ingredients, pea protein, meat substitutes, and so on. Apart from plant-based products, plant-based ingredients market is also expected to grow at a considerable rate. They are used for various food applications such as bakery, confectionery, creamers, cheese, emulsion-type sausages, dairy replacers, functional beverages, nutritional bars, and breakfast cereals, due to their functional and nutritional characteristics. Since proteins derived from soy, almond, and wheat offer several nutritional benefits, they are easy replacements for meat and dairy proteins. Vegan protein powders are also trending in the sports nutrition space.

Consumers are showing a positive outlook toward plant-based products and are demanding highly nutritious, low-fat, and low-sugar products. Veganism and flexitarian diets are the major factors driving the demand for plant-based food & beverages. Plant-based dairy beverages are the most trending products among consumers who are willingly replacing milk & milk products with plant-based alternatives. Due to the rising trend, some international café chains have also started offering plant-based milk coffees. Apart from milk, other plant-based products such as yogurts, kefirs, and cheese are also trending in many developed countries.

Consumers are experimenting with products and are demanding protein-rich and flavorsome products derived from natural sources. Also, due to the rising clean-label trends, consumers are also looking for label information, preferably natural claims, while making their purchases, which further accelerates the demand for plant-based products. These trends, coupled with government initiatives, new product launches, investments, and expansions in the market, are expected to support the plant-based food & beverage manufacturers and would create a sustainable environment and future ahead.

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Market Reports

Plant-based Protein Market by Source (Soy, Wheat, Pea, Canola Oats, Rice & Potato, Beans & Seeds, Fermented Protein), Type (Concentrates, Isolates, Textured), by Application (Food & Feed) - Global Forecast to 2029

The market for plant-based protein size is projected to reach USD 20.5 billion by 2029, at a CAGR of 8.1% during the forecast period. Key Market Players in this include Tate & Lyle PLC (London), Kerry Group PLC (Ireland), DSM Firmenich (Switzerland, ADM (US), Cargill Incorporated (US), International Flavors & Fragrances Inc. (US), Ingredion (US), Roquette Frères (France), Wilmar International Ltd. (Singapore), Glanbia plc (Ireland), Kerry Group PLC (Ireland), DSM-Firmenich (Switzerland), AGT Food and Ingredients (Canada), Burcon NutraScience Corporation (Canada), Emsland Group (Germany), PURIS (US), COSUCRA (Belgium), Tate & Lyle (UK).
- Published: May 2024
- Price: $ 4950
- TOC Available:
Meal Replacement Market by Product Type (Ready-to-Drink, Bars, Powder), Distribution Channel (Offline and Online), and Region (North America, Europe, Asia Pacific, South America, and RoW) - Global Forecast to 2026

The global meal replacement market size is projected to reach USD 15.5 billion by 2026, recording a CAGR of 5.4% during the forecast period. This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as Abbott Laboratories (US), Glanbia (Ireland), Amway (US), Herbalife Nutrition (US), Nestle (Switzerland), Atkins (US), Huel (UK), Kellogg Co. (US), Skin Enterprises Inc. (US) and USANA Health Sciences Inc. (US).
- Published: December 2021
- Price: $ 4950
- TOC Available:
Meat Substitutes Market Size, Share, Industry Growth, Trends Report by Product (Tofu, Tempeh, Textured Vegetable Protein, Seitan, Quorn and Other Product), Source (Soy Protein, Wheat Protein, Pea Protein and Other Sources), Types ( Concentrates, Isolates and Textured), Form (Solid, Liquid), Category (Frozen, Refrigerated and Shelf Table) and Region (North America, Europe, Asia Pacific, Rest of the World) - Forecast 2027

According to MarketsandMarkets, the meat substitute market is projected to reach USD 4,041.3 million by 2027, recording a CAGR of 13.5% during the forecast period. The key players in the market are ADM (US), Ingredion Incorporated (US), DuPont (US), Kerry Group (Ireland), and Roquette Frères (France).
- Published: September 2021
- Price: $ 4950
- TOC Available:
COVID-19 Impact on Plant-Based Meat Market by Raw Material (Soy, Wheat, Pea), Product (Burger Patties, Sausages, Strips & Nuggets, and Meatballs), Distribution Channel (Retail Outlets, Foodservice, E-commerce), and Region - Global Forecast to 2021

The plant-based meat market is expected to grow from USD 3.6 billion in 2020 to USD 4.2 billion by 2021 at a compound annual growth rate (CAGR) of 17.0% during the forecast period.Key vendors in the global plant-based meat market include Impossible Foods (US), Beyond Meat (US), Maple Leaf Foods Inc. (Canada), The Meatless Farm Co. (UK), Garden Protein International (Canada). These players have broad industry coverage and high operational and financial strength.
- Published: April 2020
- Price: $ 4950
- TOC Available:
Tea Extracts Market by Application (Food, Beverages, Pharmaceuticals, and Cosmetics), Category (Organic, Conventional), Form (Liquid and Powder), Type (Green Tea, Black Tea, Oolong Tea), and Region - Global Forecast to 2025

The tea extracts market size is expected to grow USD 3.8 billion by 2025, at a CAGR of 6.9% during the forecasting period. This report includes a study on the marketing and development strategies, as well as the product portfolios of the leading companies operating in the tea extracts market. It includes the profiles of leading companies, such as Archer Daniels Midland (US), Dupont (US), Kemin Industries (US), Givaudan (Switzerland), Synthite Industries Ltd. (India), Synergy Flavors (US), Frutarom (US),Finlays (UK), A.Holliday & Co. (Canada), Martin Bauer Group (Germany), Indena SPA (Italy), Futureceuticals (US), Amax Nutrasource Inc. (US), Cymbio Pharma Pvt. Ltd. (India), Teawolf (US), Phyto Life Sciences Pvt Ltd. (India), Taiyo International (Japan), AVT Tea Sources Ltd. (India), Halssen & Lyon GMBH (Germany), and Harrisons Tea (India).
- Published: December 2019
- Price: $ 4950
- TOC Available:
Isoflavones Market by Source (Soy, Red Clover), Application (Pharmaceuticals, Nutraceuticals, Cosmetics, and Food & Beverages), Form (Powder and Liquid), and Region (North America, Europe, Asia Pacific, RoW) – Global Forecast to 2025

The isoflavones market is expected to grow from USD 1.1 billion in 2019 to USD 1.5 billion by 2025, at a compound annual growth rate (CAGR) of 4.7% during the forecast period.Key players in this market include Cargill (Germany), ADM (US), BASF (Germany), DSM (Netherlands), International Flavors and Fragrances (Frutarom) (US), Shanghai Freemen (US), Nexira Inc. (France), Bio-gen Extracts, Sikko Industries, SK Bioland (South Korea), BioMax (India), Avestia Pharma (India), NutraScience Labs (US), Tradichem S.L. (Spain), Nutra Green Biotechnology (China), Herbo Nutra (India), FutureCeuticals Inc. (US), Bio-gen Extracts (US), Xena Bio Herbals Pvt. Ltd. (India), Sikko Industries (India), Biomax (India), and Lactonova (India).
- Published: November 2019
- Price: $ 4950
- TOC Available:
Oleoresins Market by Source (Paprika, Capsicum, Seed spices, Turmeric, Herbs, Ginger, Cinnamon & cassia), Application (Food & Beverages, Pharmaceutical & Nutraceutical, Personal Care Products, Feed), Extraction Process, and Region - Global Forecast to 2025

The oleoresins market is expected to grow from USD 1.2 billion in 2019 to USD 1.7 billion by 2025, at a compound annual growth rate (CAGR) of 6.0% during the forecast period.This report includes a study on the marketing and development strategies, along with the product portfolios of the leading companies. It consists of the profiles of leading companies such as Akay Group (India), Synthite Industries Pvt. Ltd. (India), AVT Naturals (India), Givaudan (Switzerland), PT Indesso Aroma (Indonesia), Vidya Herbs Private Limited (India), Ungerer & Company (US), Kancor Ingredients Ltd. (India), Plant Lipids (India), Kalsec Inc.(US), Gazignaire (France), and Universal Oleoresins (India).
- Published: August 2019
- Price: $ 4950
- TOC Available:
Plant-based Beverages Market by Source (Almond, Soy, Coconut, and Rice), Type (Milk and Other Drinks), Function (Cardiovascular health, Cancer prevention, Lactose intolerance, and Bone health) and Region - Global Forecast to 2023

The global plant-based beverages market is estimated to be valued at USD 11.16 billion in 2018 and is projected to reach USD 19.67 billion by 2023, at a CAGR of 12.0% during the forecast period. Plant-based beverages provide consumers with options that are low in cholesterol and calories. The growth of the market is attributed to the shift in preference towards vegan diets among consumers at a global level. Apart from this, major food companies such as Danone (US) have been showing interest in plant-based beverages; this is expected to give the market a boost. This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as The WhiteWave Foods Company (US), Blue Diamond Growers (US), Pacific Foods (US), Hain Celestial (US), SunOpta (Canada), Want Want China Holdings Limited (China), Kikkoman(Japan), Califia Farms (US), The Coca-Cola Company (US), Ripple Foods (US), WildWood Organic (US), and Pureharvest (Australia).
- Published: October 2018
- Price: $ 4950
- TOC Available:
Pulse Flours Market by Type (Pea, Bean, Chickpea, Lentil), Application (Food (Bakery Products, Extruded Food, Meat Products, Beverages), Feed, Nutraceuticals, Personal Care), and Region - Global Forecast to 2022

The global pulse flours market accounted for a value of USD 9.78 Billion in 2016 and is projected to grow at a CAGR of 12.2% to reach USD 18.97 Billion by 2022 in terms of value. The objective of this study is to define, segment, and project the size of the pulse flours market on the basis of type, application, and region, and to provide detailed information about the crucial factors influencing the market dynamics (drivers, restraints, opportunities, and industry-specific challenges). This report includes a study of marketing and development strategies, along with the product portfolio of key service providers. It includes the profiles of leading companies such as Ingredion (US) ADM (US), SunOpta (Canada), Diefenbaker Spice & Pulse (Canada), Blue Ribbon (US), and Bean Growers Australia (Australia).
- Published: October 2017
- Price: $ 4950
- TOC Available:
Herbal Supplements Market by Source (Leaves, Barks, Fruits & Vegetables, and Roots), Application (Pharmaceuticals, Food & Beverage, and Personal Care), Function (Medicinal and Aroma), Form, and Region - Global Forecast to 2022

The global herbal supplements market has grown steadily in the last few years. The market size is projected to reach USD 86.74 Billion by 2022, at a CAGR of around 6.8% from 2016 to 2022. The growing awareness for preventive healthcare methods is the major driving factor of this market. The herbal supplements market based on sources has been segmented into leaves, barks, fruits & vegetables, and roots. The leaves segment accounted for the largest market share in 2015 as herbal supplements are largely made up of plant leaves.
- Published: December 2016
- Price: $ 4950
- TOC Available:
Phytonutrients Market by Type (Carotenoids, Phytosterols, Flavonoids, Phenolic Compounds, and Vitamin E), Application (Food & Beverage, Feed, Pharmaceutical, and Cosmetic), Source, & by Region - Global Trends and Forecast to 2020

The global phytonutrients market, in terms of value, is projected to reach $4.63 Billion in 2020, at a CAGR of 7.2% from 2015 to 2020. The market is projected to grow significantly in the next five years in almost all parts of the world, especially in European and North American countries. The high rate of adoption of phytonutrients by manufacturers drives the European market.
- Published: June 2015
- Price: $ 4950
- TOC Available:
Soybean Derivatives Market by Type (Soybean, Soy Meal, and Soy Oil), Application (Feed, Food, and Other Industries), Lecithin Processing (Water, Acid, and Enzyme) and by Region - Global Trends & Forecast to 2020

This report estimates the size of the soybean derivatives market in terms of value. The market has been segmented on the basis of type, application, lecithin processing type, and region. In 2015, the global soybean derivatives market is estimated to be led by the Asia-Pacific region, where China is the major consumer. North America is the second-largest region with regards to the application of soybean derivatives. The soybean derivatives market is projected to reach $254.9 Billion by 2020, at a CAGR of 7.6%, as studied from 2015.
- Published: May 2015
- Price: $ 4950
- TOC Available:

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Plant-Based Alternatives/ Ingredients Market Research Reports