What is the plant-based food market size?

The Global Plant Based Food Market was valued at USD 44.68 Billion and is projected to reach a market size of USD 108.28 Billion by the end of 2030. Over the forecast period of 2023-2030, the market is projected to grow at a CAGR of 11.70%.

What are the benefits of eating plant-based foods?

Plant-based diets have been linked to several health benefits, including a reduced risk of heart disease, stroke, type 2 diabetes, and some types of cancer.

Which region will lead the global plant-based food market?

North American region will lead the global plant-based food market during the forecast period 2023 to 2030.

What is the projected compound annual growth rate (CAGR) and expected market size of the global plant-based food market for the forecast period 2023-2030?

Over the forecast period of 2023-2030, the market is projected to grow at a CAGR of 11.70%.

What future trends do you anticipate in the plant-based food industry, and how might they impact market dynamics, consumer choices, and sustainability efforts?

Anticipated trends in plant-based food include more innovative products like seafood and dairy alternatives, expanding choices for consumers, and bolstering sustainability by reducing the environmental impact of traditional animal agriculture.