The plant-based food market is set to surge from US$ 11.3 billion in 2023 to a projected US$ 35.9 billion by 2033 due to the rising demand fueled by flexitarian and vegan movements. This growth reflects an increasing preference for non-animal-derived foods like fruits, vegetables, grains, legumes, and nuts. It is anticipated that the market for …
Tag Archives: Plant Based Food Market
Plant-Based Food Market Set to Flourish, Surpassing US$ 11.3 Billion in 2023 and Forecasted at US$ 35.9 Billion by 2033
The plant-based food market is rapidly expanding, expected to exceed US$ 11.3 billion in 2023 and reach US$ 35.9 billion by 2033. Fueled by the rise in vegan and flexitarian movements, this growth reflects a surge in consumer demand for plant-based diet options, including vegetables, fruits, nuts, grains, and legumes. The plant-based food sector is expected to …
Plant Based Food Market 2022 Size, Share, Technological Innovations and Growth Forecast To 2032
According to a recent report by Future Market Insights, a market research and competitive intelligence provider, sales of Plant Based food are estimated to reach a value of USD 34.5 Bn by 2032, surging at 12.2% CAGR through the decade. Plant-based food firms are projected to experience development prospects over the years, despite supply chain interruptions, panic …