Plant Based Food Market Revolution: FMI Analysis скачать в хорошем качестве

Plant Based Food Market Revolution: FMI Analysis

As of 2020 and 2021, the Plant Based Food Market raised US $4 billion in investments. This is times more than in any single year in the industry’s history. The US plant based food market raised the highest investments; while the APAC and EU plant based food market also saw significant growth in investments. Consumer motivation towards a plant based food diet is evident with number of vegans worldwide increasing from 0.5% to 3%. Also 50% of global F&B brands are investing in new product development in the alternative protein market. Additionally, large retailers like Tesco, Walmart are committed to sales of plant based food. As of 2021, the global alternative meat market was valued at US$5.6 Billion and experiencing a strong CAGR of 22%. Plant based meat was the largest contributor followed by plant based fish. Product development has played an important role in the growth of the alternative meat market. Innovative offerings provided by the companies are generating interest among the consumers. Product launches are increasing year-by-year in double digits. Rising consumer demand, company investments in R&D, and new product launches being the key growth drivers. However, The Plant-based Food market treads with its own set of Challenges. Which are some most Prominent Ones? Although there is substantial growth in the plant based food market, there are some serious challenges that are impeding this progress. Some of the significant obstacles are product formulations, raw material procurement, increased operational or production expenses, and a lack of sufficient capital. One of the most important challenges top players in the plant based food market are currently concerned about is sustainable sourcing and how to obtain enough raw ingredients. Top players in the plant based food market and disruptors are undoubtedly companies such as Beyond Meat and Impossible Foods. Several others are quickly catching up, such as: • Planterra Foods • Kerry Group • Amy's Kitchen • Upside Foods (Memphis Meat) • Ojah • Finless Foods • Sunfed Meats • ChickP • Quorn Foods • Before the Butcher • v2food • Aspire Food Group • Aleph Farms Keeping these insights in the notice, Future Market Insights in collaboration with Plant Based Food Industry Association has published a market report on “The Plant Based Revolution: Growth Opportunities and Winning Strategies in the Global and Indian Plant based food market”. The report is based on analysis of Global plant-based food market, alternative protein market and is based on FMI’s own analysis and interviews with international players in the Plant Based Food Industry. This market report provides comprehensive overview of growth opportunities, ingredient scenarios, key challenges faced in the industry and what can be the potential winning strategy for key players. Download White Paper - https://event.futuremarketinsights.co... #plantbasedfoodmarket #Plantbasedfoodindustry, #alternativeproteinindustry, #alternativeproteinmarket, #alternativemeat #plantbasedfoodindustry #plantbasedfoodindustryassociation #plantbasedfoodbusiness #plantbasedmarketreport #plantbasedwhitepaper #interfoodtechconclave #marketresearchreport #vegan #veganwhitepaper #plantbasedfoodwhitepaper #futuremarketinsights #veganmarket #veganfoodmarket