Renub Research has released a report titled "United States Plant-Based Food Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2030," which includes market percentage records and a thorough enterprise analysis. This report looks at the competition, geographic distribution, and growth potential of the United States Plant-Based Food Market.
The market for plant-based food in the United States is expected to experience a compound annual growth rate of 11.54% from 2024 to 2030
The evolution of plant-based foods in the United States displays a paradigm shift toward more healthy, sustainable, and ethical eating. Initially pushed by niche markets, plant-based products have now permeated mainstream consciousness. Increasing health consciousness, environmental issues, and technological innovations in food technology have propelled the growth of plant-based options. These products, from burgers to dairy substitutes, cater to diverse consumer preferences. The plant-based movement redefines the American food landscape with expanding product services and significant availability, making plant-based picks a sizeable and enduring aspect of the nation's culinary evolution.
Further, plant-based food is experiencing a rapid increase in the United States as client choices shift toward more healthy and sustainable picks. Fueled by concerns for personal well-being and the environment, plant-based alternatives to meat and dairy have acquired widespread popularity. The market is characterized by a growing trend of products, from burgers to dairy substitutes, catering to several tastes. With growing availability in mainstream grocery stores and consuming locations, the increase of plant-based food suggests a premium and enduring trend in the American dietary landscape. Hence, the United States' plant-based food market will be valued at around US$ 19.07 billion by 2030.
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Likewise, plant-based options will seamlessly infiltrate mainstream grocery aisles and dining establishments, catering to diverse tastes. The fast-growing food delivery market will surge in convenient and flavorful plant-based options. Technological innovations, which include lab-grown cultivated meat and precision fermentation, will redefine sustainable and ethical picks. Plant-based cuisine is becoming more diverse by incorporating flavors from various global gastronomies. This trend will focus on enhancing the practical textures and mouthfeel of the food. As cooking confidence grows, consumers will creatively experiment with plant-based substances, promising a flavorful and dynamic future in plant-based cuisine across numerous culinary landscapes.
The meat section is burgeoning in the US plant-based food market because of changing consumer choices toward sustainable and healthier eating
Increased awareness of environmental impact and animal welfare issues prompts demand for plant-based meat options. Technological improvements in food technology enhance the taste and texture of these products, replicating the sensory experience of conventional meat. Rising health recognition and the preference for protein-wealthy diets contribute to the section's growth. Moreover, celebrity endorsements and expanding distribution channels increase accessibility, fostering a mainstream reputation of plant-based meat and making it a pivotal participant within the evolving landscape of the United States food market.
Products – United States Plant-Based Food Market breakup in 15 viewpoints:
- Milk
- Meat
- Meals
- Ice Cream
- Yogurt
- Creamer
- Butter
- Cheese
- Tofu and Tempeh
- Ready to drink Beverages
- Condiments
- Dressings and Mayo
- Spreads, Dips, Sour Cream and Sauces
- Eggs
- Others
Full-service restaurants are experiencing growth in the United States market as the demand for numerous and increased plant-based dining experiences escalates
Restaurants now offer more plant-based options due to the growing demand for healthier and innovative choices. The appeal is, in addition, bolstered by chefs who leverage culinary know-how to create plant-based dishes that rival traditional counterparts in taste and presentation. This convergence of health cognizance and gastronomic exploration aligns with the developing plant-based movement, making full-service restaurants key players in catering to evolving client possibilities and propelling the growth of plant-based eating across the culinary landscape in the United States. The region's capability to deliver a premium eating experience contributes considerably to the overall increase of the plant-based food market.
Food Services – United States Plant-Based Food Market breakup in 8 viewpoints:
- Quick Service Restaurants (QSR)
- Full-Service Restaurants
- Education
- Healthcare
- Lodging/Casino
- Recreation
- Business and Industry
- Others
Competitive Landscape
Some leading players in the United States plant-based food market are Beyond Meat, Conagra Brands, MAPLE LEAF FOODS INC., Tyson Foods, Kellanova, Archer Daniels Midland, US Foods Holding, and Hormel Foods Corporation.
All the Key players have been covered from 3 Viewpoints:
- Overview
- Recent Developments
- Revenue Analysis
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United States Plant Based Food Market Companies:
- Beyond Meat
- Conagra Brands
- MAPLE LEAF FOODS INC.
- Tyson Foods
- Kellanova
- Archer Daniels Midland
- US Foods Holding
- Hormel Foods Corporation
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