The Global Tribune

United States Plant Based Food Market Forecast By Segments, Food Services, Merger and Acquisitions, Company Analysis | Renub Research

 Breaking News
  • No posts were found

United States Plant Based Food Market Forecast By Segments, Food Services, Merger and Acquisitions, Company Analysis | Renub Research

March 23
23:21 2021
United States Plant Based Food Market Forecast By Segments, Food Services, Merger and Acquisitions, Company Analysis | Renub Research

As per our research findings, the Plant-Based Food Market in the United States is expected to grow with a CAGR of 9.69%.
United States Plant-Based Food Market will increase to US$ 10.7 Billion in 2027. Forecast By Segments, Food Services, Merger and Acquisitions, Company Analysis.

Plant-based food is derived from plant, including vegetables, fruits, grains, seed or legume, beans, and oil. Plant-based products considered to be more digestible as compared to animal-based food. In the United States, people are shifting towards plant-based foods, which attributes to the U.S. non-vegetarian or dairy industry’s impact. According to Vegan news, 2020 Americans following plant-based diets was up nearly 9.6 million over the last 15 years. This was a 300% increase and almost 3 percent of the population in the United States. According to Renub Research, the United States Plant-Based Food Market will increase to US$ 10.7 Billion in 2027.

Plant-based milk has wide application in the food and beverage industry. Various plant milk types like soya, almonds, coconuts, oats, and rice milk are present in the market. Americans prefer plant milk over any other dairy or animal milk because of its high nutrition value, Omega-3 fatty acid and vitamins. There has been phenomenal growth in the number of people who are turning vegan and preferring a plant-based diet. Due to this, many full services restaurants in the United States also offer varieties of plant-based products depending upon their customer’s preferences and needs. The United States Plant-based Food Industry was US$ 5.6 Billion in 2020.

The United States Plant-Based Food has varieties like Plant-based milk, Plant-based meat, Plant-based meals, Plant-based ice cream and frozen novelty, Plant-based creamer, Plant-based yoghurt, butter, cheese, Tofu and tempeh, plant-based ready-to-drink beverages, Plant-based dairy spreads, dips, sour cream, and sauces etc. It mimics traditional beef using plant ingredient. Plant-based meat is expected to grow during the forecast period. As per our research findings, the Plant-Based Food Market in the United States is expected to grow with a CAGR of 9.69%.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/united-states-plant-based-food-market-p.php

The rising concern regarding the environmental impacts of livestock production and meat availability has led many American people to shift to plant-based meat substitutes. Besides, lactose intolerance among infants and adults in the United States is a foremost issue boosting plant-based milk market growth. Whereas the popularity of gluten-free and low carbs diet helps increase the demand for Tofu among both vegans and non-vegan people. Moreover, increasing obesity and health consciences among the people of the United States is increasing demand for plant-based food items as they are natural and low in fat and calorie content.

Although plant-based food has many benefits over animal-based products, it is expensive and not easily afforded by common people are some challenges of the plant-based food industry.

In 2019, research presented at the American College of Allergy,

• Asthma and Immunology (ACAAI) Meeting suggests that over 2% of all U.S. children below the age of five have a milk allergy
• 53% of food-allergic infants under 12 months have a cow milk allergy

Renub Research report title “United States Plant Based Food Market” By Segments (Plant-based Milk, Plant-based Meat, Plant-based Meals, Plant-based Ice Cream and Frozen Novelty, Plant-based Creamer, Plant-based Yogurt, Plant-based Butter, Plant-based Cheese, Tofu and Tempeh, Plant-based Ready-to-Drink Beverages , Plant-based Condiments, Dressings, and Mayo , Plant-based Dairy Spreads, Dips, Sour Cream, and Sauces and Plant-based Eggs) By Food Services(Full-service Restaurants, Limited-Service Restaurants, Drinking Places, Hotels and Motels, Retail Stores and Vending, Recreational Places, Schools and Colleges and Others) Company (Beyond Meat Inc, Archer Daniels Midland, US Foods Holding Corp, Kellogg and Hormel Foods Corporation) provides in depth analysis on current trends on United States Plant Based Food Industry.

 

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=united-states-plant-based-food-market-p.php

 

Segments – Market breakup from 13 Viewpoints

   1. Milk
   2. Meat
   3. Meals
   4. Ice cream and Frozen Novelty
   5. Creamer
   6. Yogurt
   7. Butter
   8. Cheese
   9. Tofu and Tempeh
   10. Ready-to-Drink Beverages
   11. Condiments, Dressings, and Mayo
   12. Dairy Spreads, Dips, Sour Cream, and Sauces
   13. Eggs

Food Services – Market breakup from 8 Viewpoints

   1. Full-service restaurants
   2. Limited-service restaurants
   3. Drinking places
   4. Hotels and motels
   5. Retail stores and vending
   6. Recreational places
   7. Schools and colleges
   8. Others

Merger and Acquisitions

All companies have been covered from 3 Viewpoints

   • Overviews
   • Recent Developments
   • Revenues

Company Analysis – Market breakup from 8 Viewpoint

   1. Beyond meat inc
   2. Archer daniels midland
   3. US FOODS HOLDING CORP
   4. Kellogg
   5. Hormel foods corporation

Industry Related Opportunity:

United States Dry Fruit Market: https://www.renub.com/united-states-dry-fruit-market-p.php

United States Meal Kit Market: https://www.renub.com/united-states-meal-kit-market-p.php

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:
Renub Research
Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND)
Email: [email protected]
Web: https://www.renub.com
Follow on Linkedin: https://www.linkedin.com/company/renub-research

Media Contact
Company Name: Renub Research
Contact Person: Rajat Gupta
Email: Send Email
Phone: 16783020700
Address:Roswell, GA 30076
City: Roswell
State: GA
Country: United States
Website: www.renub.com/food-and-beverage-25-c.php