Europe Plant-based Food Market Growth 2023, Share, Rising Trends, CAGR Status, Scope, Revenue 2033

sonali sharma

Europe Plant-based Food Market Growth 2023, Share, Rising Trends, CAGR Status, Scope, Revenue 2033

Plant-based food refers to food items that are primarily derived from plants, including fruits, vegetables, grains and nuts. These foods are consumed as alternatives to animal-based products and can provide essential nutrients, vitamins, and minerals. Plant-based diets typically emphasize the consumption of whole foods and minimize or exclude animal products such as meat, poultry, seafood, dairy, and eggs.

According to SPER market research, ‘Europe Plant-based Food Market Size- By Type, By Source, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Europe Plant-based Food Market is predicted to reach USD 24.62 billion by 2033 with a CAGR of 10.42%.

With increasing health consciousness among consumers, the demand for plant-based diets has increased, as they become aware of the associated health benefits such as reduced risk of chronic diseases and improved overall well-being. Environmental concerns, including the impact of animal agriculture on greenhouse gas emissions and deforestation, are driving the shift towards more sustainable and eco-friendly plant-based alternatives. Consumers are also increasingly considering animal welfare and ethical considerations, opting for plant-based options perceived as more humane. Advances in food technology have enabled the development of innovative plant-based alternatives that closely resemble traditional animal-based products, enhancing their appeal.

The Europe plant-based food market faces challenges including limited availability and distribution, higher prices, taste and texture perceptions and regulatory inconsistencies. The industry is hindered by limited accessibility in certain regions, higher costs compared to animal-based products, taste and texture preferences, and varying regulations across countries. Consumer education and awareness campaigns are necessary to address misconceptions, while competition from well-established brands presents a challenge. Overcoming these challenges requires expanding distribution networks, addressing pricing concerns, improving flavour and texture, establishing clearer regulations, and promoting the benefits of plant-based options to consumers.

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The COVID-19 pandemic has had a profound impact on the Europe plant-based food market. Increased consumer demand for healthier and sustainable options has driven the growth of the sector. Supply chain disruptions affected availability, while retail channels experienced a surge in sales as restaurants closed. The crisis stimulated innovation, with companies developing new plant-based products. Despite challenges, investments continued, enabling expansion and improved distribution. Regulatory bodies worked on establishing clear standards for plant-based labelling. The pandemic also highlighted the importance of sustainability and climate change, aligning with the environmental benefits of plant-based diets. Online sales of plant-based products soared, while the foodservice sector faced challenges. Health and wellness concerns influenced consumer behaviour, and governments supported the industry.

Geographically, Germany emerged as the dominant region in the Europe Plant-based Food Market. The projected period anticipates growth in the market driven by the rising popularity of vegan and vegetarian diets, along with higher consumer disposable income. However, challenges such as the high cost of plant-based products and initial investment requirements may limit market expansion. Additionally, some of the market key players are Conagra Brands Inc., Danone SA, Nestlé S.A., Taifun -Tofu GmbH, Unilever PLC, Others

Europe Plant-based Food Market Segmentation:

By Type: Based on the Type, Europe Plant-based Food Market is segmented as; Baked Goods, Confectionery, Dairy Alternatives, Egg Substitutes, Meals, Meat Substitutes, RTD Beverages, Seafood Substitutes, Others.

By Source: Based on the Source, Europe Plant-based Food Market is segmented as; Nuts, Pea, Rice, Soy, Wheat, Others.

By Distribution Channel: Based on the Distribution Channel, Europe Plant-based Food Market is segmented as; Business-to-Business, Modern Groceries, Convenience Store, Specialty Store, Online Retail, Others.

By Region: This research also includes data for France, Spain, Italy, Netherlands Germany, United Kingdom, Rest of Europe.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

For More Information, refer to below link: -

Europe Plant-based Food Market Size

China Food Service Market Size- By Type, By Structure- Regional Outlook, Competitive Strategies and Segment Forecast to 2032

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Plant-Based Protein Market 2022 - Estimated Yield, Demand And Revenue Analysis

Biswadeep 2022-03-24

The Plant-Based Protein Global Market Report 2021-31 by The Business Research Company describes and explains the global plant-based protein market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region. id=5497&type=smp Plant-Based Protein Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. TBRC’s report covers the plant-based protein market segments- 1) By Type: Isolates, Concentrates, Textured2) By Source: Soy, Wheat, Pea, Others3) By Form: Dry, Liquid4) By Application: Feed, Food, Others About The Business Research Company: The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 20+ countries globally.

Europe Plant-Based Meat Market Outlook, 2026

prachiti sharma 2022-05-14

Bharat Book Bureau Provides the Trending Market Research Report on “Europe Plant-Based Meat Market Outlook, 2026” under Food & Beverage Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports. According to the research report “Europe Plant-Based Meat Market Outlook, 2026" published by our research, the plant based meat products market is growing rapidly. What is the market size and forecast of the Europe Plant Based Meat Products Market? Which are the segments to invest in over the forecast period in the Europe Plant Based Meat Products Market?

Plant Based Protein Market Research Release the Growth Rate and Business Opportunities till 2025 | MarkNtel Advisors

Steve Smith 2022-04-22

The Plant Based Protein Market is projected to grow at around 13. html NOTE: We deliver explicit analysis on the effects of Covid-19 on Plant Based Protein Market Report, with unbiased insights on the consumer behavior, driver, challenges, trends, opportunities, and other market estimates. html This research report provides information about:-Accurate data on the Plant Based Protein Market drivers, restraints, opportunities, & challenges, along with the estimated size, share, & CAGR during the forecast period. html Leading Companies Profiled in the Market Research Report:This section of the research report includes a competitor analysis of the key players in the Plant Based Protein Market, with respect to company revenues, product offerings, various R&D conducted, etc. comCall us- +1 604 800 2671, +91 120 4311129Follow us – Twitter | Facebook | Linkedin |Youtube

Plant-based Protein Market Research Report

Gmi Research 2022-05-16

Request For a FREE Sample Report on Plant-based Protein MarketAccelerating per capita income, rapidly growing urban population, and rising awareness about the importance of protein are some major factors fuelling the plant-based protein market. Thus, all these factors have strengthened the plant-based protein market growth. However, as per the plant-based protein market report, the easy availability of counterfeit protein products such as soy-free and gluten-free might hamper the plant-based protein market size. Also, the plant-based protein market research asserts that the easy digestibility, higher protein concentration, and usage as an ingredient in infant food, beverages, and other food products will drive the market growth. Key Developments: · In 2020, Cargill started a new plant-based protein brand i.

The Plant Based Protein Supplements Market To Be At The Technologically Advanced Stage

sheetal singh 2022-04-21

Animal-based products are a rich source of protein, and vegans, who do not consume animal-based products, require protein supplements to avoid protein deficiency. com/samples/31270Key Takeaways of Plant-based Protein Supplements Market StudyNorth America and Europe collectively account for the largest share in the global plant-based protein supplements market, as more consumers adopt vegetarian or vegan diets in these regions. Pea protein source ingredients are expected to gain rapid traction, while the sales of soy protein account for the biggest share. Acquisitions and mergers are the key strategies being used by major players in the global plant-based protein supplements market to increase their production capacities. com/checkout/31270Explore More Valuable Insights on Plant-based Protein Supplements MarketPersistence Market Research, in its upcoming study, offers an impartial analysis of the global plant-based protein supplements market, presenting historical data (2014-2018) and estimation statistics for the period of 2019-2027.

Demand for Plantbased Meat Market from Key End-use Sectors to Surge in the Near Future

Jayprakash Sharma 2022-05-09

Persistence Market Research delivers key insights on the global plant-based meat market in its upcoming outlook titled, ‘Global Market Study on the Plant-based Meat Market‘. In terms of value, the global plant-based meat market is projected to register a healthy CAGR of 5. Chinese consumers have been considering plant-based meat products in the daily diet, making the country one of the dominant plant-based meat market on the global stage. Similarly, in Italy, consumers have lowered the intake of red meat products, and are gradually triggering the demand for plant-based meat products. T70S, a plant-based meat product, in order to cater to the rising demand for plant-based food products.

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