#PlantBased #Food #Market #Surpass #Worth #Million
New York, US, Oct. 25, 2022 (GLOBE NEWSWIRE) — Market Overview
Market Research Future (MRFR) ‘s report highlights, “Plant-Based Food Market Information by Type, Category, Distribution Channel, and Region – Forecast till 2027“, the market will reach USD 37981.6 Million by 2027, at 10.20% CAGR.
Market Synopsis
A wide range of food products manufactured from organic plant-based ingredients is referred to as plant-based food. These products, which don’t contain animal products or those derived from animals, such as milk, meat, or eggs, typically contain nuts, whole grains, vegetables, fruits, and legumes. The most well-liked plant-based foods are tofu, coconut, tempeh, almond milk, and seitan. Veganism’s carbon footprint is declining as more people become environmentally conscious. The foreign market and its expansion provide the clearest evidence of this. The globe has been searching for new, alternative meals to eat, and its preferences mirror the development of the global market.
We humans have long used plants and their products as food. However, plant-based foods are the more refined version of plant products marketed for commercial use. Various food items derived from organic plant materials are called “plant-based food.” These products often contain no components originating from animals, such as meat, milk, or eggs, and are manufactured from fruits, whole grains, vegetables, nuts, oils, and legumes. Popular plant-based foods include tempeh, seitan, coconut and almond milk, and tofu. It is advised to eat foods high in folic acid, vitamins B1, C, and E, magnesium, and iron while avoiding foods high in cholesterol and saturated fats.
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Report Scope:
Report Attribute | Details |
2027 Market Size | USD 37981.6 Million |
CAGR | 10.20% (2020–2027) |
Base Year | 2019 |
Forecast Period | 2020-2027 |
Historical Data | 2018 |
Forecast Units | Value (USD million) |
Report Coverage | Read on GNW: Plant-Based Food Market to Surpass Worth 37981.6 Million by
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