Low Fat Plant Based Diet Market
Low Fat Plant-Based Diet Market Trends Analysis, By Product Type (Plant-based Dairy Alternatives, Plant-based Meat), By Source (Canola- Based Protein, Chia- Based Protein), By Distribution Channel (HoReCa, Online Retail) & By Region Forecast - Global Review 2021 to 2031
Analysis of Low Fat Plant Based Diet Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Low Fat Plant Based Diet : Market Outlook
Plant based diet market size is expected to witness steady gains in the forecast period owing to altering consumer perceptions towards plant based diet as well as its potential health benefits , and hence Veganism is the future.
One of the key reasons contributing growth of plant diet market is increasing awareness about animal cruelty and animal welfare amongst consumer.
Product innovation by key players has anticipated growing the market. Omni Meat has launched plant-based pork strips and luncheon meat in Singapore in 2020. Product launches in meat-dominated countries have fueled growth in plant-based market. For instance beyond meat has launched plant-based minced pork in China in 2020. Fast food giant McDonald's has announced the launching of a new plant-based burger named the McPlant.
Concern regarding the environment and sustainable eating, health and wellness, ethical eating habits, and diversity in protein sourcing are factors impacting positively on low-fat plant-based diet market.
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Multiple Health Benefits Along With Increasing Shelf Space is Anticipated to Fuel the Low Fat Plant Based Diet Market Growth
Supermarkets and Hypermarket has boosted the expansion of low fat plant based product market and is significantly increasing the shelf space given to plant based products in the store.
Along with big player, the supermarkets also sale the meat and dairy-free products, by launching own brand. For example Tesco have developed the Great Kitchen series of meat-free products in collaboration with pioneering chef, Derek Sarno.
According to FACT.MR Research around 35% of population is Lactose intolerance and 28% Dairy sensitivity/allergy in 2019. And these figures are expected to add day by day. Resulting consumers are opting for plant based diet. This has boosted the demand and consumption of plant based diet around the globe.
Expensive nature of plant based diet products can hamper the growth of market. Because of inconsistent raw material availability and high costs of raw materials result in a high pricing for plant based products which affects sales in the price sensitive markets.
Taste is important driver for customer to purchase product. Although noteworthy improvements have been made with respect to taste, texture and the variety of substitutes available, these aspects still remain a foremost obstacle to the consumption of vegan products as customers still feels difference in taste between plant based and animal based products.
Trend of Flexitarian diet fueling growth of low fat plant based product market. FACT.MR’s Power of Meat 2019 report states flexitarianism as consumption of mostly a vegetarian diet, but occasionally having meat and poultry. Nestlé has specified that more than 50% of customers in the United Kingdom are allegedly following a flexitarian diet.
North America and European region has highest number of vegan population and of course maximum number of manufactures plants have their production units in the continents. But In developing region like Africa market is still unexplored. It is huge opportunity for players to entre in this market.
Global Low Fat Plant Based Diet Market: Key Players
Some of the key players driving the growth of plant based low fat diet are
- Beyond Meat
- Maple Leaf Foods
- Vegetarian Butcher
- Impossible Foods Inc.
- Conagra Inc
- Amy’s Kitchen Inc
- Kellogg NA Co
- The Hain-Celestial
- General Mills
- V Bites Foods Limited
- Trader Joe's
- Tofurky.
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Global Low Fat Plant Based Diet Market: Regional Analysis
North America and Europe has dominated the plant based market share globally, as both regions maximum number of Plant based population and production units. Asia Pacific low fat plant based food market demand is anticipated to witness growth during forecasted period because of countries like China, India, and Japan.
The low fat plant based diet market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size.
The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the low fat plant based diet market, including but not limited to: regional markets, product type, source and distribution channel.
The Study is a Source of Reliable Data on:
- low fat plant based diet market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
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Competitive landscape highlights only certain players
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The Regional Analysis Covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The low fat plant based diet market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).
The report also features a complete qualitative and quantitative assessment by analysing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, low fat plant based diet market report projects the attractiveness of each major segment over the forecast period.
Highlights of the Low Fat Plant Based Diet Market Report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the low fat plant based diet market
- Recommendations to companies for strengthening their foothold in the low fat plant based diet market
Global Low Fat Plant Based Diet : Market Segmentation
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On the basis of product type, global low fat plant based diet market can be segmented as:
- Plant-based Dairy Alternatives
- Plant-based Meat
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On the basis of source, global low fat plant based diet market can be segmented as:-
- Canola- Based Protein
- Chia- Based Protein
- Corn- Based Protein
- Fava Bean- Based Protein
- Flax- Based Protein
- Lentil- Based Protein
- Pea-Based Protein
- Potato- Based Protein
- Rice- Based Protein
- Soy-Based Protein
- Wheat-Based Protein
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On the basis of distribution channel, low fat plant based diet market can be segmented as:-
- HoReCa (Food Service Sector)
- Online Retail
- Retail
- Convenience Stores
- Hypermarkets/Supermarkets
- Specialty Food Stores
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis and Forecast
- 6.1. Product Type
- 6.2. Source
- 6.3. Distribution Channel
- 7. Global Market Analysis and Forecast, By Product Type
- 7.1. Plant-based Dairy Alternatives
- 7.2. Plant-based Meat
- 8. Global Market Analysis and Forecast, By Source
- 8.1. Canola-Based Protein
- 8.2. Chia-Based Protein
- 8.3. Corn-Based Protein
- 8.4. Fava Bean-Based Protein
- 8.5. Flax-Based Protein
- 8.6. Lentil-Based Protein
- 8.7. Pea-Based Protein
- 8.8. Potato-Based Protein
- 8.9. Rice-Based Protein
- 8.10. Soy-Based Protein
- 8.11. Wheat-Based Protein
- 9. Global Market Analysis and Forecast, By Distribution Channel
- 9.1. HoReCa (Food Service Sector)
- 9.2. Online Retail
- 9.3. Retail
- 10. Global Market Analysis and Forecast, By Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Western Europe
- 10.4. Eastern Europe
- 10.5. East Asia
- 10.6. South Asia & Pacific
- 10.7. MEA
- 11. North America Sales Analysis and Forecast, by Key Segments and Countries
- 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries
- 13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries
- 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries
- 15. East Asia Sales Analysis and Forecast, by Key Segments and Countries
- 16. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries
- 17. MEA Sales Analysis and Forecast, by Key Segments and Countries
- 18. Sales Forecast by Product Type, Source, and Distribution Channel for 30 Countries
- 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 20. Company Profile
- 20.1. Beyond Meat
- 20.2. Maple Leaf Foods
- 20.3. Vegetarian Butcher
- 20.4. Impossible Foods Inc.
- 20.5. Conagra Inc
- 20.6. Amy’s Kitchen Inc
- 20.7. Kellogg NA Co
- 20.8. The Hain-Celestial
- 20.9. General Mills
- 20.10. V Bites Foods Limited
- 20.11. Trader Joe's
- 20.12. Tofurky
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Product Type
Table 3: Global Market US$ Mn Forecast by Source
Table 4: Global Market US$ Mn Forecast by Distribution Channel
Table 5: North America Market US$ Mn Forecast by Country
Table 6: North America Market US$ Mn Forecast by Product Type
Table 7: North America Market US$ Mn Forecast by Source
Table 8: North America Market US$ Mn Forecast by Distribution Channel
Table 9: Latin America Market US$ Mn Forecast by Country
Table 10: Latin America Market US$ Mn Forecast by Product Type
Table 11: Latin America Market US$ Mn Forecast by Source
Table 12: Latin America Market US$ Mn Forecast by Distribution Channel
Table 13: Western Europe Market US$ Mn Forecast by Country
Table 14: Western Europe Market US$ Mn Forecast by Product Type
Table 15: Western Europe Market US$ Mn Forecast by Source
Table 16: Western Europe Market US$ Mn Forecast by Distribution Channel
Table 17: Eastern Europe Market US$ Mn Forecast by Country
Table 18: Eastern Europe Market US$ Mn Forecast by Product Type
Table 19: Eastern Europe Market US$ Mn Forecast by Source
Table 20: Eastern Europe Market US$ Mn Forecast by Distribution Channel
Table 21: East Asia Market US$ Mn Forecast by Country
Table 22: East Asia Market US$ Mn Forecast by Product Type
Table 23: East Asia Market US$ Mn Forecast by Source
Table 24: East Asia Market US$ Mn Forecast by Distribution Channel
Table 25: South Asia & Pacific Market US$ Mn Forecast by Country
Table 26: South Asia & Pacific Market US$ Mn Forecast by Product Type
Table 27: South Asia & Pacific Market US$ Mn Forecast by Source
Table 28: South Asia & Pacific Market US$ Mn Forecast by Distribution Channel
Table 29: MEA Market US$ Mn Forecast by Country
Table 30: MEA Market US$ Mn Forecast by Product Type
Table 31: MEA Market US$ Mn Forecast by Source
Table 32: MEA Market US$ Mn Forecast by Distribution Channel
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Source
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 4: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Source
Figure 7: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 8: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 10: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Source
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 14: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Source
Figure 15: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 17: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 18: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Source
Figure 19: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 20: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 22: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Source
Figure 23: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 24: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 25: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 26: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Source
Figure 27: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 28: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 29: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 30: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Source
Figure 31: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 32: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Low Fat Plant Based Diet Market