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Plant-Based Food Market Outlook

Growing trend of veganism and flexitarians and rising consumption of dairy and meat substitutes are key factors driving the global plant-based food market. Similarly, plant-based food demand will rise on the back of rising flexitarian and vegan populations and increasing interest in animal welfare.<br><br>Plant-based foods are food products derived from plant and plant components such as vegetables, seeds, herbs, legumes, nuts, etc. These food products are gaining immense traction across the world due to their health and environmental benefits.

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Plant-Based Food Market Outlook

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  1. Plant Based Food Market Revolution Plant Based Food Market Revolution - - Whitepaper Whitepaper DRIVING FORCES AND OPPORTUNITIES DRIVING FORCES AND OPPORTUNITIES

  2. Growing Popularity of Plant Based Alternative Growing Popularity of Plant Based Alternative The plant based food market has been growing exponentially since 2019 Millennials and Gen-Z are becoming conscious of the impact their food consumption choices have on the environment. The growth of ecommerce and the foodservice sector has been an instrumental driving force for the plant based market. Rising consumer interest in Plant based meat products are a major driver of sales growth

  3. Plant Based Food Industry : an investment Hotspot Plant Based Food Industry : an investment Hotspot The global market for plant-based meat is likely to surpass US$ 34 Billion by 2030. Almost 70% of global consumers choose plant-based foods for their positive environmental impact. Out of different product types, plant based milk has been around for sometime and is the largest market. more than 50% of global food and beverage brand owners likely to invest their R&D budgets in plant-based products.

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