Plant-based food refers to various food products made from natural plant-sourced ingredients. There are different types of plant-based food including dairy alternatives, egg alternatives, meat Substitutes, nutrition, beverages, baby food, staples, and others. Usually, these food products are made using fruits, vegetables, nuts, oils, whole grains, & legumes and contain no animal-sourced ingredients such as meat, milk, or eggs. Some commonly used vegan food products include desserts, snacks, vegan milk products, vegan butter/ghee alternatives, vegan cheese, vegan eggs, herbs and spices, pet foods, tofu, soya protein, tempeh, lupin protein, green spelled, oat flakes, black beans, chickpeas, pea protein, TVP, seiten, Quorn, baby foods, staples, and others.?Plant-based foods?are generally containing sources like fibre, healthy fats, protein, vitamins, and minerals.? Balanced diets with these products are in rich sources of vitamins B1, C, & E, magnesium, folic acid, iron etc. And it contains minimal cholesterol & saturated fats. Regular consumption can help reduce the risk of heart and metabolic disorders, diabetes, obesity, high blood pressure, and certain types of cancer. Throughout human history, different groups have adhered to plant-based diets and in ancient Greece, the philosopher Pythagoras extolled the health benefits of a vegetarian diet.?
Global Plant Based Food Market is valued at USD 41.78 Billion in 2021 and expected to reach USD 93.92 Billion by 2028 with a CAGR of 12.27% over the forecast period.
The Covid-19 pandemic has a significant positive impact on the global plant-based food market. The Covid-19 pandemic likewise prompted some best practice models for the plant-based food industry. The pandemic has highlighted the association between public health and animal meat utilization, which has brought about customers switching to a plant-based diet. Shopping patterns during the pandemic showed that shelf-stable foods were in huge demand as consumers stocked up for months-long quarantines. However, Covid-19 pandemic seriously affected the traditional meat processing industry, prompting the closure of various slaughterhouses because of disturbances in supply chains. From the above fact, the Covid-19 pandemic has a positive impact on the global plant-based food market.
Nestlé is a Swiss multinational food and drinks Company. Which was Founded in 1866 And its Headquarters at Av. Nestlé 55, Vevey, Vaud, 1800, Switzerland. Nestlé is engaged in manufacturing and supply of beverages and food as well as nutritional products through twenty-nine of Nestlé’s brands. The company operates over seven business segments: Powdered and Liquid Beverages, Pet Care, Nutrition and Health Science, cooking aids and prepared dishes, Milk products, and Ice cream, Confectionery, and Water.
Nestlé Company had nearly 276,000 Employees and had revenue of $87 Billion.
Unilever plc is a UK Based multinational consumer goods company. Which was Founded in 1929 And its Headquarters at 100 Victoria Embankment, London, Greater London, EC4Y 0DY, United Kingdom. The company drives through three business segments: Beauty and Personal Care, Refreshment and Foods, and Home Care. The company offers plant-based products through its Refreshment and Food segment.
Unilever Company had nearly 148,000 Employees and had revenue of $57 Billion.
Danone is a French Based food processing company. which was Founded in 1919 And its Headquarters at 17 Blvd Haussmann, Paris, Ile-de-France, 75009, France. Danone SA is engaged in manufacturing, developing, and selling food products and beverages. The company drives through four business segments such as Essential Dairy and Plant-Based Products, Specialized Nutrition, and Waters.
Danone Company had nearly 101,819 Employees and had revenue of $26 Billion.
Hain Celestial Group is a US Based food company. Which was Founded in 1993 And its Headquarters at 1111 Marcus Avenue, Lake Success, New York, 11042, United States. The Hain Celestial Group, Inc. is engaged in manufacturing, distributing, marketing, and selling foodstuffs, personal care products, and meat alternative products. The company offers plant-based products through numerous brands such as, The WestSoy, Cuisins, Lima, Natumi, Linda, Joya, and Formation.
Hain Celestial Group had nearly 3,087 Employees and had revenue of $2 Billion.
Impossible Foods is a US Based Company. which was Founded in 2011. And its Headquarters at 400 Saginaw Dr, Redwood City, California, 94063, United States. Impossible Foods Inc. is engaged in developing meat, fish, and milk alternatives and manufacturing and selling plant-based burgers and sausages. The company has its geographic existence throughout the U.S. and Asia-Pacific.
Impossible Foods Company had nearly 750 Employees and had revenue of $ 1 Billion.
Amy's Kitchen is an American company. Which was Founded in 1987. And its Headquarters at 1650 Corporate Cir, Petaluma, California, 94954, United States. Amy’s Kitchen Inc. is engaged in producing and marketing organic and natural convenience and frozen foods. The company’s product portfolio is segmented into entrées, bowls, burritos & wraps, pizza, pasta, snacks, soups, pot pies, veggie burgers, veggie meats, chilli, beans, pasta sauce, salsa, candy, and others.
Amy's Kitchen Company had nearly 2,700 Employees and had revenue of $ 1 Billion.
Beyond Meat, Inc is an American Based Company. Which was Founded in 2009. . And its Headquarters at 119 Standard St, El Segundo, California, 90245, United States. Beyond Meat Inc. offers advanced plant-based meat. As of December 2019, the company was selling its frozen & fresh meat alternative at approximately 77,000 retail and restaurant, and food service outlets in more than 65 countries worldwide
Beyond Meat Company had nearly 1,419 Employees and had revenue of $ 464 Million.
Daiya Foods is a Canada-based dairy-alternative food company. Which was Founded in 2008 And its Headquarters at 3100 Production Way, Burnaby, British Columbia, V5A 4R4, Canada. The company is engaged in manufacturing and supplying plant-based food products. The company’s portfolio contains cheese alternative products, yogurt alternatives, desserts, and dressings.
Daiya Foods had nearly 327 Employees and had revenue of $69 Million.
Gardein is a US Based meatless alternative food maker Company. Which was Founded in 2003 And its Headquarters at 222 Merchandise Mart Plaza, Suite 1300, Chicago, Illinois, 60654, United States. The company is engaged in manufacturing and marketing plant-based meat, beef, pork, and fish products. The company offers meat alternatives and dairy-free products made from wheat, soy, and pea proteins, vegetables, and ancient grains.
Gardein Company had nearly 171 Employees and had revenue of $36 Million.
Marlow Foods Ltd is a UK Based meat substitute product Company. Which was Founded in 1983 And its Headquarters at 1, Woodlands Business Park Woodlands Park Ave, Maidenhead, Berkshire, SL6 3UA United Kingdom. The company is engaged in manufacturing and selling meat alternatives. The company offers Quorn products which are prepared from mycoprotein.
Marlow Foods Ltd Company had nearly 25 Employees and had revenue of $5 Million.