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Global Plant Based Food & Beverage Market with Focus on United States: Industry Analysis & Outlook (2018-2022)

Global Plant Based Food & Beverage Market with Focus on United States: Industry Analysis & Outlook (2018-2022)

One of the food and beverage categories that is witnessing the largest growth right now is plant-based products. A plant-based product is simply one that is based more on plant sources like fruits, vegetables, and whole grains, rather than on animal sources such as meat and dairy. The desire for clean labels, ease of digestion, the need to avoid allergens, compatibility with vegetarian and vegan lifestyles and concerns about sustainability among the general population are some of the factors that are putting the spotlight on plant based food and beverages.

Plant based milk alternative is the fastest growing segment in overall plant based food and beverages market across the globe. Nowadays, cow milk allergy, lactose intolerance, calorie concern and more preference to vegan diets has influenced consumers towards choosing cow milk alternatives. Market players are offering robust portfolio of plant based brands and products while expanding the growth of their current brands. Concerted research and development efforts are also undertaken to prepare tailor-made plant based diets which are palatable as well as nutritionally adequate.

The global plant based food & beverage market is set to experience favorable growth driven by factors such as surging vegan production, positive environmental impact of plant based food, increasing millennial population, growing concern for health and wellness, rising food safety concerns among others. The major trends observed include growing preference for milk alternatives, rise of veganism and technological advancements. However, the growth of this market is constrained by challenges such as product recalls and threatened market withdrawals, adverse weather conditions and concern over nutritional content of plant based products.

The report “Global Plant Based Food & Beverages Market: Industry Analysis & Outlook (2018-2022)” analyses the development of this market, with focus on the US. The major trends, growth drivers as well as issues being faced by the market are discussed in detail in this report. The four major players: The Hain Celestial Group, Inc., SunOpta Inc., Danone SA and The Campbell Soup Company are being profiled along with their key financials and strategies for growth.


1. Overview
1.1 Plant Based Food and Beverage
Table 1: Types of Plant Based Food and Beverages
1.2 Nutritional Profile
1.3 Impact
Table 2: Impact of Plant Based Food and Beverages
2. Global Market Analysis
2.1 Global Plant Based Food Market by Value
Table 3: Global Plant Based Food Market by Value (2013-2017)
2.2 Global Plant Based Food Market Forecast by Value
Table 4: Global Plant Based Food Market Forecast by Value (2018-2022)
2.3 Global Plant Based Beverage Market
2.3.1 Global Plant Based Beverage Market by Value
Table 5: Global Plant Based Beverage Market by Value (2013-2017)
2.3.2 Global Plant Based Beverage Market Forecast by Value
Table 6: Global Plant Based Beverage Market Forecast by Value (2018-2022)
2.3.3 Global Dairy Milk Alternatives Market by Value
Table 7: Global Dairy Milk Alternatives Market by Value (2013-2017)
2.3.4 Global Dairy Milk Alternatives Market Forecast by Value
Table 8: Global Dairy Milk Alternatives Market Forecast by Value (2018-2022)
2.3.5 Global Dairy Milk Alternatives Market by Segment
Table 9: Global Dairy Milk Alternatives Market by Segment (2017)
2.3.6 Global Soy Milk Market by Value
Table 10: Global Soy Milk Market by Value (2013-2017)
2.3.7 Global Soy Milk Market Forecast by Value
Table 11: Global Soy Milk Market Forecast by Value (2018-2022)
2.3.8 Global Other Milk Alternatives Market by Value
Table 12: Global Other Milk Alternatives Market by Value (2013-2017)
2.3.9 Global Other Milk Alternatives Market Forecast by Value
Table 13: Global Other Milk Alternatives Market Forecast by Value (2018-2022)
3. Regional Market Analysis
3.1 The US
3.1.1 The US Plant Based Food & Beverage Market by Value
Table 14: The US Plant Based Food & Beverage Market by Value (2013-2017)
3.1.2. The US Plant Based Food & Beverage Market Forecast by Value
Table 15: The US Plant Based Food & Beverage Market Forecast by Value (2018-2022)
3.1.3 The US Plant Based Food & Beverage Market by Segment
Table 16: The US Plant Based Food & Beverage Market by Segment (2017)
3.1.4 The US Plant Based Milk Market Forecast by Value
Table 17: The US Plant Based Milk Market Forecast by Value (2017-2022)
3.1.5 The US Plant Based Meat Market Forecast by Value
Table 18: The US Plant Based Meat Market Forecast by Value (2017-2022)
3.1.6 The US Plant Based Yogurt Market Forecast by Value
Table 19: The US Plant Based Yogurt Market Forecast by Value (2017-2022)
3.1.7 The US Plant Based Cheese Market Forecast by Value
Table 20: The US Plant Based Cheese Market Forecast by Value (2017-2022)
3.1.8 The US Plant Based Creamer Market Forecast by Value
Table 21: The US Plant Based Creamer Market Forecast by Value (2017-2022)
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Surging Vegan Production
Table 22: Share of Vegan Diet in the US Food and Beverages Market (2014-2017)
4.1.2 Positive Environmental Impact of Plant Based Food
Table 23: Environmental Impact of Animal Versus Plant Protein (2017)
4.1.3 Increasing Millennial Population
Table 24: Global Youth Population (2010-2025)
Table 25: Plant Based Food Index Value by Age Group (2017)
4.1.4 Growing Concerns for Health & Wellness
4.1.5 Increased Awareness of Environmental Sustainability
4.1.6 Increasing Food Safety Concerns
4.1.7 Concern for Animal Welfare
4.2 Key Trends & Development
4.2.1 Strong Growth of Plant Based Products
Table 26: Growth Rate of Plant Based Products in the US* (2017)
Table 27: Growth Rate of Meat Products in Europe* (2018)
4.2.2 Growing Preference for Milk Alternatives
Table 28: Consumer Based Survey on Purchase of Dairy-alternative Products in US (2017)
4.2.3 Consumers Perception towards Plant Based Products
Table 29: Consumer Survey on Purchasing Plant Based Dairy Products in US(2017)
Table 30: Consumer Survey on Purchasing Plant Based Meat Products in US (2017)
4.2.4 Technological Advancements
4.2.5 Rise of Veganism
4.3 Challenges
4.3.1 Product Recalls and Threatened Market Withdrawals
4.3.2 Adverse Weather Conditions
4.3.3 Concern Over Nutritional Content
5. Competitive Landscape
5.1 Global Market
5.1.1 Revenue Comparison of Key Companies
Table 31: Revenue Comparison of Key Companies (2017)
5.1.2 Market Cap Comparison of Key Companies
Table 32: Market Cap Comparison of Key Companies (2017)
6. Company Profiles
6.1 The Hain Celestial Group, Inc.
6.1.1 Business Overview
Table 33: Hain Celestial Group Net Sales by Segments (2018*)
6.1.2 Financial Overview
Table 34: Hain Celestial Group Net Sales and Net Income (2014-2018)
6.1.3 Business Strategies
Table 35: Hain Celestial Group Agreements (2017)
6.2 SunOpta Inc.
6.2.1 Business Overview
Table 36: SunOpta Inc. Revenue by Segments (2017)
6.2.2 Financial Overview
Table 37: SunOpta Inc. Revenue and Loss (2013-2017)
6.2.3 Business Strategies
6.3 Danone SA
6.3.1 Business Overview
Table 38: Danone SA Sales by Segments (2017)
6.3.2 Financial Overview
Table 39: Danone SA Sales and Net Income (2013-2017)
6.3.3 Business Strategies
6.4 The Campbell Soup Company
6.4.1 Business Overview
Table 40: Campbell Soup Company Net Sales by Segments (2018*)
6.4.2 Financial Overview
Table 41: Campbell Soup Company Net Sales and Net Earnings (2014-2018*)
6.4.3 Business Strategies

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