The ingredients market for plant-based food & beverages is predicted to capture a valuation of US$ 2.3 billion in 2023 and is projected to rise to US$ 9.30 billion by 2033. The market is estimated at a CAGR of 15% during the forecast period. Increasing disposable income and changing lifestyles towards healthy diets are fueling …
Tag Archives: Ingredients Market for Plant-based Food & Beverages Industry Overview
Plant-Based Ingredients Market Poised for Remarkable Growth, Forecast to Reach USD 9.3 Billion by 2033
Ingredients Market for Plant-based Food & Beverages The ingredients market for plant-based food & beverages is experiencing significant growth, with an estimated valuation of US$ 2.3 billion in 2023, projected to soar to US$ 9.3 billion by 2033. This remarkable growth, driven by a robust CAGR of 15%, is fueled by factors such as increasing health …