info@marketresearchfuture.com   ๐Ÿ“ž +1 (855) 661-4441(US)   ๐Ÿ“ž +44 1720 412 167(UK)   ๐Ÿ“ž +91 2269738890(APAC)
Certified Global Research Member
Isomar 1 Iso 1
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

US Plant-Based Food Market US Plant-Based Food Market Research Report: By Type (Plant-Based Milk and Derivatives, Bakery and Confectionery, Sweet and Savory Snacks, Plant-Based Juices, RTD Tea and Coffee, RTE, RTC Meals, Others), By Category (Organic, Conventional) and By Distribution Channel (Store-Based, Non-Store-Based) - Forecast to 2035


ID: MRFR/F-B & N/19534-HCR | 100 Pages | Author: MRFR Research Team| December 2023


US Plant-Based Food Market

US Plant-Based Food Market Research Report: By Type (Plant-Based Milk and Derivatives, Bakery and Confectionery, Sweet and Savory Snacks, Plant-Based Juices, RTD Tea and Coffee, RTE, RTC Meals, Others), By Category (Organic, Conventional) and By Distribution Channel (Store-Based, Non-Store-Based) - Forecast to 2035.


US Plant-Based Food Market Overview:


As per MRFR analysis, the US Plant-Based Food Market Size was estimated at 1,772.87 (USD Billion) in 2023. The US Plant-Based Food Market Industry is expected to grow from 1,944.14(USD Billion) in 2024 to 5,000 (USD Billion) by 2035. The US Plant-Based Food Market CAGR (growth rate) is expected to be around 8.967% during the forecast period (2025 - 2035).


Key US Plant-Based Food Market Trends Highlighted


The US Plant-Based Food Market is experiencing significant growth driven by changing consumer preferences towards healthier and more sustainable food options. Increasing awareness of the health benefits associated with plant-based diets, including reduced risk of chronic diseases, has led consumers to incorporate more plant-based foods into their meals. This shift is further supported by a growing concern for environmental sustainability, prompting individuals to seek alternatives that have a lower carbon footprint compared to traditional animal-based products. Moreover, the rise of flexible eating patterns, such as "flexitarianism," allows consumers to enjoy plant-based foods while still maintaining some animal product consumption, creating a versatile market dynamic.Opportunities in the US Plant-Based Food Market lie in innovation and product differentiation. Companies can explore new categories such as plant-based dairy alternatives, meat substitutes, and snacks that are both convenient and appealing to a wider demographic. The increasing incorporation of plant-based options in foodservice, from restaurants to school cafeterias, highlights an avenue to capture the attention of health-conscious consumers seeking diverse meal choices. In recent years, there has been a notable trend of collaboration between food producers and retail chains to feature more plant-based items prominently in stores, enhancing visibility and accessibility. Another emerging trend is the emphasis on clean label products that are minimally processed and free from artificial ingredients, aligning with consumer demand for transparency and healthier options. As the US continues to see a rise in plant-based food consumption, businesses that can effectively adapt to these trends and meet evolving consumer needs will find significant growth opportunities in this dynamic market.

US Asia Pacific Plant-based Food Products Market size

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


US Plant-Based Food Market Drivers

Growing Health Consciousness Among Consumers


The increasing health awareness among consumers is a major driver for the US Plant-Based Food Market Industry. A survey conducted by the United States Department of Agriculture found that 63% of Americans are trying to incorporate more plant-based foods into their diets, with 42% actively reducing their consumption of meat. This trend can be attributed to rising obesity rates in the US, where approximately 42.4% of adults are classified as obese according to the Centers for Disease Control and Prevention.As consumers become more aware of the link between diet and health, the demand for plant-based foods is expected to rise significantly. The shift is also supported by various health organizations advocating for plant-based diets to improve overall health outcomes and reduce chronic diseases. This growing emphasis on health and wellness presents a significant opportunity for brands in the US Plant-Based Food Market Industry to capture an expanding consumer base seeking healthier food options.


Environmental Sustainability Awareness


Increasing awareness regarding environmental sustainability is another key driver for the US Plant-Based Food Market Industry. A report by the Environmental Protection Agency reveals that agriculture contributes approximately 10% of greenhouse gas emissions in the US. As more consumers recognize the environmental impacts of animal agriculture, there is a marked shift towards plant-based diets, which are often seen as more sustainable and eco-friendly.According to the Food and Agriculture Organization, producing plant-based foods generally requires fewer resources and results in less environmental degradation compared to animal products. Many established organizations are now promoting plant-based diets as a solution to reduce the carbon footprint associated with food production, further driving demand in the US market.


Increasing Availability and Variety of Plant-Based Products


The expanding range of plant-based products available in the US is another significant driver for the US Plant-Based Food Market Industry. According to the Plant Based Foods Association, the selection of plant-based foods has doubled in recent years, with a 27% increase in the number of plant-based items available in grocery stores. Major food retailers are now dedicating more shelf space to plant-based products, making them more accessible to consumers.This increase in availability not only meets the growing consumer demand for diverse options but also encourages trial among those who are curious about plant-based diets. The presence of established brands adapting their offerings, as well as new startups entering the market, signifies a shifting landscape that supports the growth of the US Plant-Based Food Market.

US Plant-Based Food Market Segment Insights:

Plant-Based Food Market Type Insights



The US Plant-Based Food Market is experiencing significant growth across various types of products, reflecting evolving consumer preferences toward healthier and sustainable food choices. As a key segment in the market, Plant-Based Milk and Derivatives have gained substantial traction, catering to the increasing demand for lactose-free and dairy-free alternatives. The popularity of these products is not just attributed to dietary restrictions but also to a growing awareness of the environmental impact associated with dairy farming. Bakery and Confectionery is another notable segment, where plant-based options are innovatively capturing the hearts of consumers, providing them indulgence without compromising their values on health and sustainability.The Sweet and Savory Snacks segment showcases an impressive range of products that appeal to health-conscious consumers seeking convenient on-the-go options. This segment is characterized by innovative flavors and nutritional profiles that drive consumer engagement. Plant-Based Juices are gaining ground in the market as well, representing a shift towards refreshing, nutrient-rich drinks derived from fruits and vegetables, thus aligning with health trends. Ready-To-Drink Tea and Coffee products are also finding a niche, as consumers look for convenient, ready-to-consume beverages that support their busy lifestyles and dietary preferences.Furthermore, Ready-To-Eat and Ready-To-Cook Meals are becoming increasingly popular, providing individuals with time-saving solutions that do not compromise on taste or nutrition. These segments collectively represent a dynamic landscape in the US Plant-Based Food Market, characterized by an expanding variety of choices that cater to diverse consumer demands. As plant-based options continue to diversify, they not only meet the needs of various dietary preferences but also leverage growing trends toward sustainability, health, and convenience, significantly influencing the market's future trajectory.The ongoing innovation within these segments presents vast opportunities for brands to connect with consumers who are increasingly prioritizing plant-based products for their lifestyle choices. Overall, the growth trajectory of the US Plant-Based Food Market highlights a promising trend towards healthful, sustainable eating that resonates strongly with today's informed consumers.


US Asia Pacific Plant-based Food Products Market segment

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Plant-Based Food Market Category Insights



The US Plant-Based Food Market is experiencing notable expansion, supported by increasing consumer awareness regarding health and environmental sustainability. The market segmentation includes categories such as Organic and Conventional, each contributing uniquely to the overall landscape. Organic products tend to attract health-conscious consumers due to the absence of synthetic pesticides and fertilizers, making them appealing in a market increasingly focused on clean eating. The Conventional segment, while significant, often provides more cost-effective options for consumers, allowing for broader accessibility and adoption in diverse demographic groups.As dietary preferences shift and the demand for plant-based options rises, these categories are becoming essential for retailers and producers. According to recent data, organic plant-based foods are expected to witness robust growth, driven by consumer preferences for non-GMO and sustainably sourced products. Conversely, the conventional segment benefits from established supply chains, making plant-based foods more readily available. These dynamics showcase the essential roles each category plays in shaping the overall US Plant-Based Food Market industry, influencing purchasing decisions, and aligning with broader market trends that prioritize health, sustainability, and convenience.

Plant-Based Food Market Distribution Channel Insights



The US Plant-Based Food Market exhibits a robust framework in its Distribution Channel sector, which is critical for product accessibility and consumer engagement. The market is divided into two primary categories: Store-Based and Non-Store-Based channels. Store-Based distribution, encompassing supermarkets, grocery stores, and health food shops, holds significant importance as it allows consumers to physically interact with products, driving impulse purchases and providing a wider variety of options. Furthermore, the rising trend of incorporating plant-based items in mainstream grocery outlets further enhances their market growth.On the other hand, Non-Store-Based channels, including e-commerce platforms and direct-to-consumer models, are gaining traction due to the increasing demand for convenience and online shopping. This avenue offers manufacturers a unique opportunity to reach niche markets and cater to specific dietary preferences. The growing emphasis on plant-based diets in the US, driven by health and sustainability consciousness among consumers, is prompting continuous innovations in both distribution channels, ultimately supporting the expansion of the US Plant-Based Food Market.Enhanced logistical capabilities and improved supply chain management further boost these distribution channels, ensuring that consumers have easy access to a wide range of plant-based products.

US Plant-Based Food Market Key Players and Competitive Insights:


The US Plant-Based Food Market has witnessed a remarkable transformation as consumer preferences shift towards healthier and more sustainable dietary options. This market is characterized by a diverse array of products, ranging from meat substitutes to dairy alternatives, propelled by growing awareness of health benefits and environmental concerns. Various companies compete fiercely within this space, each leveraging innovation, branding, and marketing strategies to capture consumer interest. As the sector evolves, understanding the competitive landscape becomes essential, helping companies to identify market trends, potential growth areas, and threats from both established players and new entrants in this dynamic industry.Impossible Foods has carved a significant niche within the US Plant-Based Food Market, primarily focusing on creating innovative meat substitutes that appeal to both vegetarians and meat lovers alike. The company is known for its commitment to using high-quality ingredients, with a distinct emphasis on flavor and texture that closely mimics traditional meat products. One of its standout products, the Impossible Burger, has gained immense popularity and can be found in numerous restaurants and supermarkets across the country. Impossible Foods has developed strategic partnerships with several prominent food service chains, thus enhancing its market presence. The companyโ€™s strength lies in its ability to continuously innovate and expand its product line, which has proven to resonate well with an increasingly health-conscious consumer base that prioritizes plant-based options.Gardein has established a strong foothold in the US Plant-Based Food Market by offering a comprehensive range of plant-based protein products, catering to consumers seeking convenient and flavorful meal alternatives. The brand boasts an assortment of products, including meatless burgers, chicken strips, and fish-free options, appealing to a diverse audience. Gardein's key strengths include its commitment to quality and taste, which has earned the brand a loyal customer base. Additionally, the company has undertaken strategic mergers and acquisitions that have expanded its distribution channels and product offerings, making its products widely accessible in grocery stores nationwide. Gardein is well-positioned in the competitive landscape due to its strong branding, partnerships with leading retailers, and ongoing product innovation, ensuring its relevance in a fast-growing market focused on plant-based diets.


Key Companies in the US Plant-Based Food Market Include:

Impossible Foods


gardein


Brew Dr Kombucha


Beyond Meat


MorningStar Farms


Eat Just


Miyoko's Creamery


Tofurky


Higher Taste


The Vegetarian Butcher


Daiya Foods


Lightlife Foods


Field Roast


Oatly


Silk


US Plant-Based Food Market Industry Developments


Recent developments in the US Plant-Based Food Market have highlighted significant growth and innovation among key players. In particular, Impossible Foods, Beyond Meat, and Eat Just have been at the forefront, expanding product lines and distribution channels. The market has witnessed a shift towards alternative protein sources, with a growing consumer preference for healthier and environmentally sustainable options. Notable growth in market valuation has been reported, with Beyond Meat experiencing a revival in its stock, attributed to improved sales projections and partnerships with major restaurant chains in 2023.In terms of mergers and acquisitions, in February 2023, Oatly, the oat milk leader, announced an acquisition of a smaller plant-based beverage brand to diversify its portfolio. This move was made to strengthen its position within the rapidly expanding alt-dairy segment. Additionally, in March 2023, Higher Taste's merger with a prominent plant-based snack manufacturer was completed, aiming to enhance product offerings and market reach. The past few years have also seen increasing investments in Research and Development by major companies such as Daiya Foods and MorningStar Farms to innovate new products, reinforcing the competitive landscape of the US Plant-Based Food Market.


US Plant-Based Food Market Segmentation Insights

Plant-Based Food Market Type Outlook


Plant-Based Milk and Derivatives


Bakery and Confectionery


Sweet and Savory Snacks


Plant-Based Juices


RTD Tea and Coffee


RTE


RTC Meals


Others

Plant-Based Food Market Category Outlook


Organic


Conventional

Plant-Based Food Market Distribution Channel Outlook


Store-Based


Non-Store-Based

Report Scope:
Report Attribute/Metric Source: Details
MARKET SIZE 2018 1772.87(USD Billion)
MARKET SIZE 2024 1944.14(USD Billion)
MARKET SIZE 2035 5000.0(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 8.967% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Billion
KEY COMPANIES PROFILED Impossible Foods, gardein, Brew Dr Kombucha, Beyond Meat, MorningStar Farms, Eat Just, Miyoko's Creamery, Tofurky, Higher Taste, The Vegetarian Butcher, Daiya Foods, Lightlife Foods, Field Roast, Oatly, Silk
SEGMENTS COVERED Type, Category, Distribution Channel
KEY MARKET OPPORTUNITIES Rising vegan and vegetarian trends, Increasing flexitarian consumer base, Demand for clean label products, Innovations in plant-based proteins, Growth of online food retailing
KEY MARKET DYNAMICS health consciousness, environmental sustainability, changing consumer preferences, innovation in product offerings, rise of flexitarian diets
COUNTRIES COVERED US


Leading companies partner with us for data-driven Insights.

clients

Kindly complete the form below to receive a free sample of this Report

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

report-img
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.