Plant-Based Food Ingredients Market to Develop New Growth Story

Plant-Based Food Ingredients Market 2023 Outlook: Many Positive Catalysts Ahead| Atlantic Natural Foods, Cargill, Health Warrior


NJ New Jersey, USA -- (SBWire) -- 12/12/2023 --The Latest research coverage on Plant-Based Food Ingredients Market provides a detailed overview and accurate market size. The study is designed considering current and historical trends, market development and business strategies taken up by leaders and new industry players entering the market. Furthermore, study includes an in-depth analysis of global and regional markets along with country level market size breakdown to identify potential gaps and opportunities to better investigate market status, development activity, value and growth patterns.

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Major & Emerging Players in Plant-Based Food Ingredients Market:-
AGT Food and Ingredients (Canada), Atlantic Natural Foods, LLC (United States), Burcon BU.TO (Canada), Cargill, Inc. (United States), Döhler Group SE (Germany), Farbest Brands (United States), Health Warrior, Inc. (United States), Ingredion Incorporated (United States), Martin Bauer Group (United States), Merit Functional Foods (Canada), Nestle SA (Switzerland), Protein Industries Canada (Canada), Puris Proteins, LLC (United States), Renmatix Inc. (United States),

The Plant-Based Food Ingredients Market Study by AMA Research gives an essential tool and source to Industry stakeholders to figure out the market and other fundamental technicalities, covering growth, opportunities, competitive scenarios, and key trends in the Plant-Based Food Ingredients market.

Plant-based food ingredients can be defined as basic raw food ingredients such as fruits, vegetables, grains, and seeds. Some of the products made from these ingredients are bread, juice, oats, breakfast cereals, and edible oil. The Canada plant-based food ingredients market is expected to grow at a healthy pace during the forecast period, according to the AMA study. The rising health consciousness among consumers and increasing consumption of products such as bread, breakfast cereals, and juices are expected to be some of the major factors aiding the growth of the market.

In June 2020, Protein Industries Canada (PIC) announced a project worth USD 11.3 million wherein the project will see a consortium of AGT Food and Ingredients (AGT) and ulivit, work together to process pea, lentil, and faba bean protein concentrate into high moisture meat analogue, Texturized Pulse Protein (TPP), tempeh, tofu, pasta, and non-dairy analogues.

Stringent Regulations Regarding the Shutting Down of Markets and Lockdown Situation Across Canadian Region in FY 2020 has Impacted the Market
In January 2020, Food company Nestle announced that it has teamed up with small Canadian plant-based food ingredient makers Burcon and Merit Functional Foods, to target Canadian crops wherein Nestle will buy pea and canola proteins from a 20,000 tonnes-per-year Merit plant which was to be built by the end of the year in Winnipeg, Manitoba.

The titled segments and sub-section of the market are illuminated below:
by Type (Fruits, Vegetables, Legumes, Grains, Nuts, Seeds), Application (Food & Beverages, Animal Feed, Infant Foods, Meat Substitutes, Bakery & Confectionery, Dietary Supplements, Sports Nutrition, Others), Nature (Organic, Conventional), Sales Channel (Online, Offline)

Market Trends:
The Growing Consumer Awareness for the Substitute of Meat Products

Growing Awareness About the Advantages of Vegetarian Products Over Non-Veg Food Ingredients
The Increasing Importance of Protein Supplements Among the Consumers in Canada is Expected to Boost the Demand for Market During the Near Future

Market Drivers:
Rising Health Consciousness Among Consumers Across Canada
Increasing Production & Consumption of Plant-based Ingredient Food Products Such as Bread, Breakfast Cereals, and Packed Juices

Disrupted Supply Chain due to COVID-19 Pandemic Leading to Shortage of Supplies & Difficulties in Transportation which is Expected to be one of the Major Challenges for the Market Vendors in FY 2020

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Some Point of Table of Content:
Chapter One: Report Overview
Chapter Two: Global Market Growth Trends
Chapter Three: Value Chain of Plant-Based Food Ingredients Market
Chapter Four: Players Profiles
Chapter Five: Global Plant-Based Food Ingredients Market Analysis by Regions
Chapter Six: North America Plant-Based Food Ingredients Market Analysis by Countries
Chapter Seven: Europe Plant-Based Food Ingredients Market Analysis by Countries
Chapter Eight: Asia-Pacific Plant-Based Food Ingredients Market Analysis by Countries
Chapter Nine: Middle East and Africa Plant-Based Food Ingredients Market Analysis by Countries
Chapter Ten: South America Plant-Based Food Ingredients Market Analysis by Countries
Chapter Eleven: Global Plant-Based Food Ingredients Market Segment by Types
Chapter Twelve: Global Plant-Based Food Ingredients Market Segment by Applications

What are the market factors that are explained in the Plant-Based Food Ingredients Market report?
– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.
– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.
– Analytical Tools: The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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