Published on : Oct 09, 2018
Albany, New York, October 9, 2018: Consumption of plant based food and beverages have attained considerable momentum owing to consumer preferences for optimum nutrition. Growing aversion for meat based products amongst US millennial has emerged as a potential growth enabler for plant based food and beverages market in the US. In its recent research report offering titled, 'The US Plant Based Food and Beverages Market: Size, Trends & Forecasts (2018-2022)' Market Research Hub (MRH) enumerates ongoing development and their subsequent implications on the growth of the US plant based food and beverages market.
Almond Milk Emerges as a Viable Cow Milk Substitute for Plant Based Beverage Consumer
Leading providers in plant based food and beverage market are integrating resources to offer unique food variants such as dairy-free products in the form of dairy free cheese, yogurt as well as nut based milk such as almond milk, resonating with plant-based, vegan consumer demands.
Beyond Meat Expands Geographical Scope with its Flagship Beyond Burger across Fifty New Countries
Striving on its growth roadmap for plant based food and beverage market, leading provider Beyond Meat is all set to expand its geographical scope by offering its services across fifty new countries, thus expanding its reach across Europe, Africa, and Middle East. With its flagship Beyond Burger meatless burger, the company is expected to collaborate with leading foodservice channels and distribution network to attain maximum visibility in new countries. The company has also inaugurated new production facilities in California and Chicago to innovate its development endeavors in the light of surged consumer demands. With such initiatives in the kitty, Beyond Burger is expected to incur lucrative returns, thus securing its leading position in plant based food and beverages market.
Thorough research postulates encapsulated in the report allow readers to delve deeper in understanding the impact of various segments prevailing in plant based food and beverages market. The report etches comprehensive overview of market definition and dynamics that play a pivotal role in harnessing growth in plant based food and beverages market. Based on detailed research output the report identifies plant based meat, creamers, yogurt, cheese, and milk as dominant segments in the market. Based on thorough research findings, the report allows readers to estimate the implications of segments in steering overall growth in plant based food and beverages market, besides briefing readers about the segment associated with increased revenue generation. Thorough research output included in the report also enrich readers’ understanding about various marketing tactics and tools implemented by market players across regions and their pertinent impact on end-user response.
Key Players: Plant Based Food and Beverages Market
Thorough research output included in the report allow readers to evaluate the effectiveness of business strategies in fostering overall market growth besides influencing consumer preferences and subsequent purchase decisions. Thorough analysis of these strategies by core market players allow market players to derive core deductions based on which market players can facilitate growth oriented marketing strategies that ensure sustenance amidst stiff competition. Some of the leading players profiled in the report include, Beyond Meat, Ripple Foods, Hain Celestial Group, and Good Catch amongst others.
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