29.03.2023 Views

Europe Plant-based Food Market

Europe Plant-based Food Market by Type [Dairy Alternatives, Plant-based Meat, Meals, Confectionery, Beverages, Egg Substitutes, Seafood), Source (Soy, Wheat, Pea, Rice), Distribution Channel (B2B, B2C (Convenience Store, Online Retail)]- Forecast to 2029

Europe Plant-based Food Market by Type [Dairy Alternatives, Plant-based Meat, Meals, Confectionery, Beverages, Egg Substitutes, Seafood), Source (Soy, Wheat, Pea, Rice), Distribution Channel (B2B, B2C (Convenience Store, Online Retail)]- Forecast to 2029

SHOW MORE
SHOW LESS
  • No tags were found...

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Europe Plant-Based Food Market

Worth $16.70 Billion By 2029


Global XXX Market – 2016-2022

Meticulous Research ® – a leading global market research company, published a research report

titled “Europe Plant-based Food Market by Type (Dairy Alternatives, Plant-based Meat, Meals,

Confectionery, Beverages, Egg Substitutes, Seafood), Source (Soy, Wheat, Pea, Rice),

Distribution Channel (B2B, B2C (Convenience Store, Online Retail))- Forecast to 2029”.

According to this latest publication from Meticulous Research ® , the Europe Plant-based Food

Market is expected to grow at a CAGR of 10.1% from 2022 to 2029 to reach $16.70 billion by 2029.

This market is driven by the growing vegetarianism, declining meat consumption, increasing

preference for plant food, and increasing venture capital investment in animal alternatives. However,

the comparatively higher price range for plant-based food products and significant preference for

animal-based products are expected to hinder the growth of this market to some extent.

The Europe plant-based food market study presents historical market data in terms of value (2020 and

2021), estimated current data (2022), and forecasts for 2029. The market is segmented based on source,

type, distribution channel, and region/country.

Download Free PDF Sample Copy of the Report (with COVID-19 Impact Analysis):

https://www.meticulousresearch.com/download-sample-report/cp_id=5260

Scope of the report

Europe Plant-based Food Market, by Type

• Dairy Alternatives

o Milk

o Cheese

o Yogurt

o Butter

o Ice Cream

o Creamer

o Others

• Meat Substitutes

o TVP

o Burger Patties

o Tempeh

o Hot Dogs and Sausages

o Seitan

o Meatballs

o Ground Meat

o Nuggets

o Crumbles

o Shreds

o Others

• Meals

• Baked Goods

• Confectionery

• RTD Beverages

• Egg Substitutes

• Seafood Substitutes

© Meticulous Research| sales@meticulousresearch.com

Page 1 of 4


Global XXX Market – 2016-2022

• Others

Europe Plant-based Food Market, by Source

• Soy

• Almond

• Wheat

• Pea

• Rice

• Others

Europe Plant-based Food Market, by Distribution Channel

• Business-to-Business

• Business-to-Customers

o Modern Groceries

o Convenience Store

o Specialty Store

o Online Retail

o Others

Europe Plant-based Food Market, by Country

• Germany

• U.K.

• Spain

• Italy

• France

• Netherlands

• Belgium

• Austria

• Poland

• Portugal

• Rest of Europe (RoE)

To gain more insights into the market with a detailed table of content and figures, click here:

https://www.meticulousresearch.com/product/europe-plant-based-food-market-5260

Based on type, the Europe plant-based food market is segmented into dairy alternatives, meat

substitutes, meals, baked goods, confectionery, RTD beverages, eggs substitutes, seafood substitutes,

and others. In 2022, the dairy alternatives segment is expected to hold the largest share of the plantbased

food market in Europe. The large share of this segment is mainly attributed to increased demand

for dairy alternatives from the lactose intolerant population. Due to the issues like lactose intolerance

and milk allergy arising from the consumption of cow’s milk, there has been an increased demand for

plant-based alternative milk in Europe. However, the seafood substitute segment is expected to grow

at the highest CAGR during the forecast.

Based on the source, the Europe plant-based food market is segmented into soy, almond, wheat, pea,

rice protein, and others. The soy segment is expected to hold the major share of the plant-based food

© Meticulous Research| sales@meticulousresearch.com

Page 2 of 4


Global XXX Market – 2016-2022

market in Europe in 2022. The dominant position of this segment is mainly attributed to the rising

demand for soy ingredients due to its easy availability, high quality, cost-effectiveness, wider

application areas, and higher consumer acceptance for soy-based food products. However, the pea

segment is expected to grow at the highest CAGR during the forecast period due to the recent rise in

preference for pea-sourced plant-based food products, considering the allergen and gluten-free trend

and growing investments from leading manufacturers to increase pea protein production.

Based on the distribution channel, the Europe plant-based food market is mainly segmented into

B2B and B2C. The B2C segment is estimated to account for the largest share of the plant-based food

market in Europe in 2022. The large share of this market is mainly attributed to increased shelf space

for plant-based products in modern groceries, increased retail sales of plant-based food in supermarkets

& hypermarkets, growing preference for shopping from brick-and-mortar grocers due to easy access

& availability and increasing consumer acceptance for vegan & vegetarian food products. This

segment is also expected to grow at the highest CAGR during the forecast period.

Click here to check the Discounted Offer from Here:

https://www.meticulousresearch.com/request-discount/cp_id=5260

Geographically, the Europe plant-based food market is segmented into Germany, the U.K., Spain,

Italy, France, the Netherlands, Belgium, Austria, Poland, Portugal, and RoE. In 2022, Germany is

expected to account for the major share of the plant-based food market in Europe. This growth can be

attributed to the growing vegetarian population, increased consumer awareness, increasing concern

about animal welfare, and growth in vegan & vegetarian restaurants. Veganism in Germany is

becoming a popular trend. Vegans have doubled from 1.3 million in 2016 to 2.6 million in 2020.

Almost 75% of German households would like to see a larger variety of vegetarian products in

supermarkets. Less than two-thirds buy such products intentionally.

The key players operating in the plant-based food market in Europe are Beyond Meat Inc. (U.S.),

Danone S.A. (France), Amy’s Kitchen Inc. (U.S.), The Hain Celestial Group, Inc. (U.S.), Daiya Foods

Inc. (Canada), Marlow Foods Ltd. (U.K.), Taifun –Tofu GmbH (Germany), Vbite Food Ltd (U.K.),

Plamil Foods Ltd (U.K.), Plant & Bean Ltd (U.K.), Unilever PLC (U.K.), Berief Food GmbH

(Germany), Nestlé S.A. (Switzerland), The Meatless Farm (U.K.), and Veganz Group AG (Germany).

You can Buy Report from Here: https://www.meticulousresearch.com/Checkout/31085095

Key questions answered in the report-

• What are the high-growth market segments in terms of type, source, distribution channel, and

countries?

• What is the historical market for plant-based food in Europe?

• What are the market forecasts and estimates for the period of 2022-2029?

• What are the major drivers, restraints, and opportunities in the Europe plant-based food market?

• Who are the major players in the Europe plant-based food market, and what share of the market

do they hold?

• What is the competitive landscape?

• What are the recent developments in the Europe plant-based food market?

• What are the different strategies adopted by the major players in the market?

• What are the key geographic trends, and which are the high-growth countries?

© Meticulous Research| sales@meticulousresearch.com

Page 3 of 4


Global XXX Market – 2016-2022

• Who are the local emerging players in the Europe plant-based food market, and how do they

compete with other players?

Contact Us:

Meticulous Research ®

Email- sales@meticulousresearch.com

Contact Sales- +1-646-781-8004

Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

© Meticulous Research| sales@meticulousresearch.com

Page 4 of 4

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!