Savoring Sustainability: A Deep Dive into the Plant-Based Food and Beverage Market

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The global plant-based food & beverages market will be valued at $94.2 billion in 2023 and is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.2% over 2023-2027. Plant-based food & beverages includes a wide range of food items which are made from natural plant-based in

Indulge in the future of conscious dining with our comprehensive analysis of the Plant-Based Food and Beverage Market. Explore the rising trends, innovative products, and market dynamics reshaping the culinary landscape. Stay ahead in the evolution of sustainable and healthy food choices with insights into key players and transformative forces driving the plant-based revolution. 

Plant-Based Food & Beverages Market Outlook, 2017-2027 ($ Billion)

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The COVID-19 pandemic had a significant impact on the adoption of plant-based food & beverages across the globe. With multiple theories indicating the origin of the pandemic is linked with animal meat consumption, the consumers are increasingly looking for food and beverages comprising of plant-based ingredients, including vegetables, nuts & seeds, and single celled plants to reduce their meat consumption. Consumers are now increasingly expressing their deep concerns regarding the cruel treatment of animals in meat and dairy industries, thereby promoting ethical consumption. As plant-based food & beverages offer a cruelty-free alternative to meat-based diets and can provide a way for consumers to align their food choices with their ethical values.

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