Meet Europe's Top 10 Plant-Based Food Companies
Added: (Tue Oct 10 2023)
Pressbox (Press Release) -
[Redding, California] - The Europe Plant-based Food Market is experiencing remarkable growth, driven by changing consumer preferences, a surge in vegan and vegetarian diets, and advancements in food technology. Meticulous Research, a leading market research company, predicts a compound annual growth rate (CAGR) of 10.1% from 2022 to 2029, with the market reaching an estimated value of $16.70 billion by 2029, up from $8.54 billion in 2022.
Key drivers for this growth include the increasing prevalence of intolerance for animal protein, a rising acceptance of vegan and vegetarian diets, significant venture investments in plant-based product companies, and continuous innovation in food technology. However, the market faces challenges such as the relatively higher price range for plant-based products and consumers' strong preference for animal-based alternatives.
Here are the top 10 companies operating in the Europe Plant-based Food Market:
https://meticulousblog.org/top-10-companies-in-europe-plant-based-food-market/
Beyond Meat Inc. (U.S.)
Beyond Meat is a global leader in manufacturing, marketing, and selling meat substitutes, offering a range of products sold through various channels across Europe.
Danone S.A. (France)
Danone operates internationally, providing a wide range of plant-based dairy and meat alternatives through its Essential Dairy and Plant-Based Products segments.
Amy’s Kitchen, Inc. (U.S.)
Amy’s Kitchen produces natural and organic convenience and frozen foods, distributing them globally through various retail channels.
The Hain Celestial Group, Inc. (U.S.)
The Hain Celestial Group offers a variety of soy, rice, oat, almond, and coconut-based plant-based products, distributing them in over 70 countries.
Daiya Foods Inc. (Canada) (a subsidiary of Otsuka Pharmaceutical Co., Ltd.)
Daiya Foods specializes in alternative cheese products, yogurt alternatives, dressings, and desserts, catering to health-conscious consumers and those with dietary restrictions.
Marlow Foods Ltd. (U.K.) (a subsidiary of Monde Nissin Corporation)
Marlow Foods produces Quorn products made from mycoprotein, offering a range of meat alternatives sold globally.
Nestlé S.A. (Switzerland)
Nestlé provides plant-based meat, dairy, seafood alternatives, egg replacers, and plant-based confectionery under various brands across multiple regions.
Unilever PLC (U.K.)
Unilever offers plant-based products through its Foods and Refreshment segment, with subsidiaries like The Vegetarian Butcher contributing to its plant-based portfolio.
Plamil Foods Ltd. (U.K.)
Plamil Foods specializes in manufacturing and distributing plant-based dairy alternatives, including milk-free chocolate and spreads, globally.
The Meatless Farm (U.K.) (a subsidiary of Morten Toft Bech)
The Meatless Farm produces vegan and plant-based meats, including mince, burgers, and sausages, with a presence in multiple continents.
These companies are at the forefront of the Europe Plant-based Food Market, contributing to its substantial growth. For in-depth analysis, recent financial performance, key products, company strategies, partnerships, and acquisitions, refer to Meticulous Research®'s comprehensive report, "Opportunity Analysis and Industry Forecast (2022-2029)."
Europe's Top 10 Plant-Based Food Manufacturers: https://meticulousblog.org/top-10-companies-in-europe-plant-based-food-market/
For further information, market size estimates, market share analysis, revenue numbers, and coverage of key industry trends, please contact:
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