| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 36.73 Billion | USD 70.54 Billion | 8.50% | 2023 |
FrequentlyAsked Questions
Plant-based food & beverages (F&B) are an emerging group of consumer goods that aim to deliver animal-free products to consumers.
The global plant-based food & beverages market is expected to be driven by the growing number of vegan and vegetarian diet followers across the globe.
According to study, the global plant-based food & beverages market size was worth around USD 36.73 billion in 2023 and is predicted to grow to around USD 70.54 billion by 2032.
The CAGR value of the plant-based food & beverages market is expected to be around 8.50% during 2024-2032.
The global plant-based food & beverages market will be dominated by North America during the forecast period.
The global plant-based food & beverages market is led by players like The Hain Celestial Group, Inc., Tofutti Brands, Inc., Beyond Meat, Ingredion Incorporated, Impossible Foods, Eden Foods Inc., Danone S.A., SunOpta Inc., Nestlé S.A., Blue Diamond Growers, Daiya Foods Inc., Conagra Brands, Inc., VBites Foods Ltd., Kellogg Company, and Unilever PLC.
The report explores crucial aspects of the plant-based food & beverages market including a detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
HappyClients