Proanthocyanidins Global Market Report 2023 – By Type (Type A, Type B), By Source (Grape Seed, Pine Bark, Bilberry, Cranberry, Horse Chestnut, Blueberry), By Application (Dietary Supplement, Functional Food And Beverage, Personal Care And Cosmetics, Pharmaceutical, Animal Feed, Other Applications), By Distribution Channel (Drug And Pharmacy Stores, Convenience Stores, Modern Trade, Online Retail), By End User (Adults, Children, Seniors) – Market Size, Trends, And Global Forecast 2023-2032

Plant breeding and CRISPR plants refer to a system used in plant breeding that entails site-directed nucleases that precisely target and modify DNA. CRISPR and plant breeding collectively empower desirable crop attributes by introducing DNA from naturally occurring genetic variations within the crop. This technology and its various applications range from gene function and protein localization research to introducing particular traits such as drought tolerance and increasing grain size and quantity. The main types of plant breeding and CRISPR plants are conventional breeding and other types. Conventional breeding refers to a breeding method that alters the genetic makeup of crops to generate crops with better features. Conventional breeding entails identifying parent plants with desirable characteristics in order to create advantageous combinations. The various processes of plant breeding and CRISPR plants include selection, hybridization, mutation breeding, and other processes that are applied in breeding cereals and grains, oilseeds and pulses, fruits and vegetables, and other crops. The global plant breeding and CRISPR plants market is segmented - 1) By Type: Conventional Breeding, Other Types 2) By Process: Selection, Hybridization, Mutation Breeding, and Other Processes 3) Yearly Application: Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Other Crops The global plant breeding and CRISPR plants market size is expected to grow from $10.50 billion in 2022 to $12.09 billion in 2023, at a compound annual growth rate (CAGR) of 15.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The maket size of the plant breeding and CRISPR plants market is expected to grow to $20.35 billion in 2027 at a CAGR of 13.9%. The increased demand for improved crops is expected to propel plant breeding and CRISPR market growth. Crop improvement is required to meet the demands of a changing world. With the increased population, climate change, and decreasing land base, there is a need to develop new and innovative crop growth techniques. Plant breeding and the CRISPR method constantly strive to improve crop yield, quality, and tolerance to diseases and pests. For instance, in February 2022, NIFA (National Institute of Food and Agriculture), a US-based federal government body, invested over $14 million in plant breeding for agricultural production and conventional plant breeding to improve crop varieties. These new crop varieties will be more productive, higher in quality, and more resistant to environmental variability. Therefore, the increased demand for the improved crop will drive the growth of the plant breeding and CRISPR plant market. Major players in the plant breeding and CRISPR plants market are Syngenta Group, KWS SAAT SE & Co KGaA, Bayer AG, Benson Hill Biosystems Inc., BioConsortia Inc., Advanta Seeds Pty Limited, Eurofins Scientific SE, Evogene Limited, Groupe Limagrain, Hudson River Biotechnology, JR Simplot Company, Cibus Limited, BASF SE, Pairwise SGS SA, Tropic Biosciences UK Limited, Cibus Limited, BASF SE, and Pairwise SGS SA. Technological advancements are a key trend gaining popularity in plant breeding and the CRISPR plant market. Major companies operating in plant breeding and the CRISPR plant market are focusing on plant breeding with rapidly evolving science and technology that uses genetic and biological innovations to develop more efficient crop varieties, enabling key players to gain a competitive advantage in the market. For instance, in August 2021, a US-based research institute called HudsonAlpha Institute for Biotechnology launched a computational tool called Khufu to improve plant breeding. This tool identifies and analyses variants in complex genomes quickly and accurately. Khufu enables extremely accurate SNP identification utilizing very low coverage sequence data by employing a unique methodology. Because less sequence is needed for each person, even small breeding programs may afford whole genome sequencing. The strength and accuracy of trait mapping and integration are considerably increased by the availability of genome-wide markers, which also makes these technologies available to a wider range of breeders and geneticists. In October 2020, BASF, a Germany-based chemical company, acquired ASL for an undisclosed amount. With the acquisition of ASL, BASF will continue to strengthen its position as a preferred partner in the fruit and vegetable value chain by introducing new melon varieties. ASL is a France-based melon breeding company. Asia-Pacific was the largest region in the plant breeding and CRISPR plants market in 2022. The regions covered in the plant breeding and CRISPR plants market share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the plant breeding and CRISPR plants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The plant breeding and CRISPR plants market includes revenues earned by entities by providing biotechnological methods of plant breeding. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The plant breeding and CRISPR plants market research report is one of a series of new reports from The Business Research Company that provides plant breeding and CRISPR plants market statistics, including plant breeding and CRISPR plants industry global market size, regional shares, competitors with a plant breeding and CRISPR plants market share, detailed plant breeding and CRISPR plants market segments, market trends and opportunities, and any further data you may need to thrive in the plant breeding and CRISPR plants industry. This plant breeding and CRISPR plants market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Plant-based food refers to a food item, product, or meat that is completely made from 100% plant ingredients and that is completely free from all animal products. Plant-based food is used for nutritional purposes and as potential sources in traditional medicines. The main types of plant-based food include dairy alternatives, meat alternatives, egg substitutes, condiments and others. Meat substitutes are synthetic food items that try to be similar to meat by emphasizing common characteristics and relationships. They are produced using various sources including soy, almond, wheat, pea, rice, and others, that are distributed through various channels such as supermarkets and hypermarkets convenience stores online stores and others. The global plant-based food market is segmented - 1) By Type: Diary Alternatives, Meat Alternatives, Egg Substitutes And Condiments, Other Types 2) By Source: Soy, Almond, Wheat, Pea, Rice, Other Sources 3) By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Online Stores, Other Distribution Channels The global plant-based food market size is expected to grow from $44.56 billion in 2022 to $50.47 billion in 2023 at a compound annual growth rate (CAGR) of 13.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global plant-based food market size is expected to reach $82.12 billion in 2027 at a CAGR of 12.9%. Growing preference for plant-based food products is expected to propel the growth of the plant-based food market going forward. Plant-based food products refer to a product that is completely made from 100% plant ingredients and that is completely free from all animal products. They contain no animal products or animal-derived ingredients and include only vegetables, fruits, and grains. Increasing preference for plant-based food products is increasing because of their health benefits, ethical issues, and environmental concerns. People preferring plant-based food products will help to propel the market growth. For instance, in 2021, according to The Good Food Institute, a US-based nonprofit organization promoting plant- and cell-based products, the US retail market for plant-based foods increased from $6.9 billion in 2020 to $7.4 billion by 7.2% in 2021, and further, the sales grew by 6% compared to 2020. Therefore, the growing preference for plant-based food products is driving the growth of the plant-based food market. Major players in the plant-based food market are Amy's Kitchen Inc, Atlantic Natural Foods LLC, Beyond Meat Inc, Danone SA, Garden Protein International Inc, Impossible Foods Inc, Lightlife Foods Inc, Nestlé S A, Tyson Foods Inc, Vbite Food Ltd, Plamil Foods Ltd, The Hain Celestial Group Inc, Sahmyook Foods, Sanitarium Health and Wellbeing Company, Axiom Foods Inc, Daiya Foods Inc, Earth's Own Food Company Inc, Keystone Natural Holdings, General Mills Inc, and Premier Foods PLC. In January 2022, PlantPlus Food LLC, a Canada-based provider of a range of finished plant-based food products, acquired Sol Cuisine Inc for $125.4 million. The acquisition of Sol Cuisine by PlantPlus Foods broadens the company's portfolio to include plant-forward and meat-analog products in appetizers, entrees, and meat-analog components to better suit the demands and lifestyle choices of consumers across several categories. Sol Cuisine Inc is a Canada-based producer of consumer-preferred plant-based protein foods. Product Innovation is a key trend gaining popularity in the plant-based food market. Major companies operating in the plant-based food market are focused on developing innovative products such as clean-label products, vegan cheeses, egg substitutes, and other products to strengthen their position. For instance, in July 2022, Century Pacific Food, Inc., a Philippines-based food and beverage company, launched an innovative plant-based alternative 'unMEAT Fish-free Tuna'. It is 100% fish-free and plant-based ingredients that use non-GMO ingredients. The product is uniquely designed with low fat with zero content of mercury and trans-fat. The company developed the product with taste, texture, and appearance the same as tune but with zero-fish. North America was the largest region in the plant-based food market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global plant-based food market during forecast period. The regions covered in this plant-based food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the Plant-Based Food market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The plant-based food market consists of sales of tofu, bread, plant-based protein powder, cheese, and mock meat. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The plant-based food market research report is one of a series of new reports from The Business Research Company that provides plant-based food optical components market statistics, including plant-based food optical components industry global market size, regional shares, competitors with a plant-based food optical components market share, detailed plant-based food optical components market segments, market trends and opportunities, and any further data you may need to thrive in the plant-based food optical components industry. This plant-based food optical components market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Plant-based butter, also known as vegan butter, is a dairy-free butter substitute made by combining water with plant-derived oil, such as olive, avocado, coconut, palm kernel oil, or a combination of oils. Plant-based butter can be a convenient vegan substitute for toast and in cooking. They can also be a good butter substitute for those who are lactose intolerant or allergic to dairy. The main natures of plant-based butter are organic and conventional. Organic butter can be used as a spreadable foodstuff made from organic creams. Organic butter has the same amount of saturated fat as regular butter, but it is hormone and antibiotic-free, and it contains 80% less sugar. The sources are nuts, avocados, coconut, olive oil, canola, palm fruit, and others. The applications include the food and beverage industry, food service industry, and households. The global plant-based butter market is segmented - 1) By Nature: Organic, Conventional 2) By Source: Nuts, Avocados, Coconut, Olive Oil, Canola, Palm Fruit, Other Sources 3) By Application: Food And Beverage Industry, Food Service Industry, Households The global plant-based butter market size is expected to grow from $2.42 billion in 2022 to $2.58 billion in 2023 at a compound annual growth rate (CAGR) of 6.25%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global plant-based butter market size is expected to reach $3.33 billion in 2027 at a CAGR of 6.66%. The increasing awareness of health and wellness is expected to propel the growth of the plant-based butter market. Plant-based butter is good for weight loss and provides building blocks for healthy muscles and tissues. They are high in fiber and contain less amount of calories & fats than regular dairy butter. For instance, according to the 2021 India Times poll, the COVID-19 pandemic has transformed Indians' attitudes toward health and wellness, with 70% saying they will prioritize food and lifestyle adjustments in 2021 to manage both physical and emotional health. Therefore, the increasing awareness of health and wellness drives the growth of the plant-based butter market going forward. Major players in the plant-based butter market are Conagra Brands, Inc., Upfield Holdings B.V, Pure Blends, Nutiva Inc., Jem Organics, Yumbutter, Ellyndale, Melt Organic, ForA Foods, Miyoko's Creamery, Prosperity Organic Food Inc., Premier Organics, Naturli Foods, Daisya Fine Food and Carley’s Organic. New product launches have emerged as a key trend gaining popularity in the plant-based butter market. Major companies operating in the food and dairy sector are focused on developing new innovative products to strengthen their position in the market. For instance, in December 2020, Mooala, a US-based leading maker of premium, organic, dairy-free beverages, launched a new organic plant-based Keto Mylk and made available it in four flavors original, vanilla creme, cinnamon roll, and chocolate chip. The company, best known for its plant-based Bananamilk, expands its organic plant-based beverage portfolio with the addition of the new, keto-certified and carb-conscious option, which contains less than 1g net carbs, 0g sugar, and 5g MCTs per serving. It is the first dairy-alternative milk designed specifically for keto consumers. In June 2022, AAK Foodservice, a Sweden-based food service and retail company, acquired ForA for an undisclosed amount. This acquisition will complement AAK's plant-based product line, and ForA is an ideal fit for its plant-based expansion strategy with premium plant butter products. ForA butter is a US-based plant-based butter company. North America was the largest region in the plant-based butter market in 2022. The regions covered in the global plant-based butter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the plant-based butter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The plant-based butter market consists of sales of plant-based butter and its sources such as oat milk, rice milk, corn milk, soy milk, pea milk, almond milk, coconut milk, cashew milk, flax milk, and hemp milk. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless otherwise specified). The revenues for a specified geography are consumption values – that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products. The plant-based butter market research report is one of a series of new reports from The Business Research Company that provides, plant-based butter market statistics, including, clock buffer industry global market size, regional shares, competitors with a plant-based butter market share, detailed, plant-based butter market segments, market trends and opportunities, and any further data you may need to thrive in the clock buffer industry. This, plant-based butter market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Plant-based beverages refer to beverages that are obtained from plant materials such as seeds, grains, and others that are used as a replacement for beverages made with milk. The main types of plant-based beverages are RTD tea and coffee, plant-based milk, juices, and others. RTD tea and coffee refer to plant-based coffee and tea that offer a wide variety of flavors for consumers. They are organic and conventional in nature and are available in plain and different flavors for cardiovascular health, cancer prevention, bone health, lactose-free alternative, and other functions. The global plant-based beverages market is segmented - 1) By Type: RTD Tea And Coffee, Plant Based Milk, Juices, Other Types 2) By Nature: Organic, Conventional 3) By Flavor: Plain, Flavored 4) By Function: Cardiovascular Health, Cancer Prevention, Bone Health, Lactose-Free Alternative, Other Functions The global plant-based beverages market size is expected to grow from $21.88 billion in 2022 to $24.31 billion in 2023 at a compound annual growth rate (CAGR) of 11.07%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The plantglobal plant-based beverages market size is expected to reach $37.53 billion in 2027 at a CAGR of 11.47%. The increasing trend of veganism is expected to propel the growth of the plant-based beverages market going forward. Veganism refers to giving up all products derived partially or fully from animals. Veganism promotes plant-based drinks that can improve heart rates and protect people against cancer and other diseases. For instance, according to an article published by the Food Revolution Network, a US-based organization that promotes healthy, ethical, and sustainable food, plant-based dairy and meat sales were more than $29 billion in 2020. For another instance, according to an article published by The Guardian, a UK-based daily newspaper, there are approximately 1.5 million vegans in the world, and that number has increased by 40% in the year 2020. Therefore, the increasing trend of veganism is driving the growth of the plant-based beverages market. Major players in the plant-based beverages market are SunOpta Inc., The Hain Celestial Group Inc., Pacific Foods, Nestlé S.A., Vitasoy, Harmless Harvest, Califia Farms, Freedom Foods, Campbell Soup Company, RiceBran Technologies, PepsiCo Inc., Premier Nutrition Company LLC, Mead Johnson & Company LLC, Danone S.A. and Blue Diamond Growers. Product innovation is a key trend gaining popularity in the plant-based beverage market. Major companies operating in the plant-based beverages market are introducing new and innovative products to strengthen their position in the market. For instance, in July 2022, Danone S.A., a France-based food production corporation, launched the first plant-based baby formula with a dairy blend. The new baby formula was created specifically to provide a vegetarian diet for babies. In February 2021, Danone S.A., a France-based food-products corporation acquired Follow Your Heart for an undisclosed amount. This acquisition will help increase the plant-based offerings of Danone and will also help the company increase its capabilities in the plant-based items market. Follow Your Heart is a US-based vegan and vegetarian food and beverage company operating in plant-based beverages market. Asia-Pacific was the largest region in the plant-based beverages market in 2022. Europe is expected to be the fastest-growing region in the global plant-based beverages market during the forecast period. The regions covered in the global plant-based beverages market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the plant-based beverages market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The plant-based beverages market consists of sales of macadamia drinks, quinoa drinks, pea beverages, and others. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The plant-based beverages market research report is one of a series of new reports from The Business Research Company that provides plant-based beverages market statistics, including the plant-based beverages industry's global market size, regional shares, competitors with a plant-based beverages market share, detailed plant-based beverages market segments, market trends, and opportunities, and any further data you may need to thrive in the plant-based beverages industry. This plant-based beverages market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Plant-based meat is meat that is prepared from plants and is similar to conventional meat in appearance and taste. The plant-based meat is produced using ingredients such as wheat gluten, lentils, yuba, tofu, soybeans, and a variety of nuts. The main product types of plant-based meat are burger patties, sausages, strips, nuggets, meatballs, and other product types. Sausage is a meat product made of finely chopped and seasoned meat that can be fresh, smoked, or pickled and which is then usually stuffed into a casing. The various sources of plant-based meat are soy, wheat, pea, and other product types. The plant-based meat products are distributed through grocery stores, food and beverage specialty stores, convenience stores, restaurants, and online stores. The global plant-based-meat market is segmented - 1) By Product Type: Burger Patties, Sausages, Strips, Nuggets, Meatballs, Other Product Types 2) By Source: Soy, Wheat, Pea, Other Sources 3) By Distribution Channel: Grocery Stores, Food & Drinks Specialty Stores, Convenience Stores, Restaurants, Online Stores The global plant-based-meat market size will grow from $5.67 billion in 2022 to $6.69 billion in 2023 at a compound annual growth rate (CAGR) of 17.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global plant-based-meat is expected to grow from $12.12 billion in 2027 at a CAGR of 16.0%. Increasing consumer awareness associated with the benefits of vegetarian diets is projected to contribute to the growth of the plant-based meat market. The vegetarian diet offers various benefits, such as low insulin levels, a decreased rate of heart disease, and improved kidney functions. According to the International Food Information Council survey in August 2021, a US-based non-profit organization for a non-profit organization for food, beverages, and agriculture, Over the past year, the majority of Americans have eaten plant-based meat substitutes, with 2 in 5 doing so on a daily or weekly basis, which Top motives for choosing plant-based substitutes are their healthfulness and availability as a source of high-quality protein. Moreover, rising consumer awareness of animal rights through global welfare organizations such as animal aid unlimited (AAU) and people for the ethical treatment of animals (PETA) is to boost the demand for plant-based meat products, which in turn, is predicted to uptake the revenues of plant-based meat market over the forecast period. Major players in the plant-based meat market report are Amy’s Kitchen, The Vegetarian Butcher, Maple Leaf Foods, Beyond Meat, Impossible Foods, Greenleaf Foods, Hungry Planet, Next Level, Abbots Butcher. The high prices of plant-based meat products in comparison with regular meat products is a major restraint on the growth of the plant-based meat market. The major players dealing in plant-based meat products are beyond burger and impossible burger. At Whole Foods, an America-based multinational supermarket chain, the retail price of beyond burger is USD 12 a pound, whereas regular ground beef burger costs for less than half i.e. USD 5 a pound. Thus, the differences in the prices of plant-based meat products and regular meat products are predicted to hinder the growth of the plant-based meat market over the upcoming years. The increasing launch of new innovative products that are made from plant-based meat is a major trend in the plant-based meat market. For instance, in January 2020, Impossible Foods Inc., a US-based company operating in plant-based substitutes for meat products, launched its plant-based pork and sausage, which contains no gluten, no animal hormones, and no antibiotics. The plant-based, pre-seasoned product can be used in any recipe or dish that calls for animal-derived sausage or pork. In April 2021, Brazilian-based JBS SA, a meat processing company, announced that it would acquire Vivera, a European plant-based food company, for €341 million ($410 million). The deal includes three manufacturing facilities and a research and development centre located in the Netherlands. This acquisition is an important step to strengthen JBS SA's global plant-based protein platform. For the same reason, Vivera will give JBS a stronghold in the plant-based sector, with technological knowledge and capacity for innovation. Vivera produces a range of plant-based meat replacement products, and these products are distributed to retailers in more than 25 countries across Europe. Asia-Pacific was the largest region in the plant-based meat market in 2022. Western Europe was the second-largest region in the global plant-based meat market share. The regions covered in the plant-based meat market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the plant-based meat market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The plant-based meat market consists of sales of products in the form of a burger patty, crumbles, nuggets, sausages, and other plant-based meat products. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The plant-based meat market research report is one of a series of new reports from The Business Research Company that provides plant-based meat market statistics, including plant-based meat industry global market size, regional shares, competitors with plant-based meat market share, detailed plant-based meat market segments, market trends and opportunities, and any further data you may need to thrive in the plant-based meat industry. This plant-based meat market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Essential oils & plant extract for livestock market refer to plant extracts are regarded as natural substances that can take the place of antibiotics as secure and enduring substitutes. The essential oils & plant extract for livestock include cloves and cinnamon have antibacterial properties in the rumen and are also powerful antioxidants, thyme stimulates the digestive system, which may help animals develop and be more productive, vanilla oregano has antibacterial and antimicrobial qualities, which may help with feed intake and efficiency. The main types of essential oils & plant extract for livestock market are essential oils and plant extracts. The essential oils refer to the application of essential oils in livestock for animal growth, improving feed intake, and efficiency. Essential oil is a natural oil typically obtained by distillation and having the characteristic odor of the plant or other source from which it is extracted. Both solid/power and liquid form essential oils & plant extract are helpful to address gut health, immunity, and yield of livestock. The essential oils & plant extract products are suitable for cattle feed, poultry feed, swine feed, aquatic feed, and other livestock. The global essential oils & plant extract for livestock market is segmented - 1) By Type: Essential Oils, Plant Extracts 2) By Form: Solid/Powder, Liquid 3) By Function: Gut Health, Immunity, Yeild 4) By Livestock: Cattle Feed, Poultry Feed, Swine Feed, Aquatic Feed, Other Livestocks The global essential oils & plant extract for livestock market size grew from $3.07 billion in 2022 to $3.31 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The global essential oils & plant extract for livestock market size is expected to grow to $4.33 billion in 2027 at a CAGR of 6.9%. The surging demand for livestock products is driving the growth of the essential oils & plant extract for livestock market. Increasing shift in consumption patterns among individuals across the globe, rapid growth in disposable income among individuals in both developed and developing countries and increasing adoption of livestock products due to their health-related benefits are mutually contributing to increased demand for livestock products across the globe. The rapid growth in demand for livestock products is expected to boost the consumption of essential oil & plant extracts, as the livestock producers are increasingly inclining towards organic sources to maintain their herd. For instance, in 2020, according to the Food and Agriculture Organization (FAO), livestock production accounts for 20-24% of agricultural gross domestic product (AGDP) in both developed and developing countries. Over 600 million households worldwide rely on the livestock sector as a primary source of income. Livestock accounts for 34% of protein intake and 18% of dietary energy supplies globally. Therefore, surging demand for livestock products is expected to propel the growth of the essential oils & plant extract for livestock market over the coming years. Major players in the essential oils & plant extract for livestock market are Kemin Industries, Inc., Phytosynthese, Provitim, Olmix S.A., Herbarom Laboratoire, Herbavita, Danisco, Manghebati, Laboratoires Phode, Delacon Biotechnik GmbH, Joh. Vogele KG, IDENA SAS, CCPA GROUP, Foreverest Resources Ltd., and Destilaciones Bordas Chinchurreta SA. Technological advancements are a key trend gaining popularity in essential oils & plant extract for livestock market. Many companies operating in essential oils & plant extract for livestock are developing new products or new technologies to strengthen their position in their market. For instance, in October 2021, Cargill launched poultry feed with essential oils for healthy flocks and maximized egg production. Essential oils are added to the company's Nutrena and Naturewise poultry diets to assist raise egg weight and size, improving digestion, and boosting immunity. The FlockShield exclusive ingredient also enables the maintenance of a good, healthy stomach, which boosts the immune system. Yeast culture, prebiotics, and probiotics are included to aid with digestion and nutritional absorption. In October 2021, Royal DSM, Netherlands-based a global purpose-led science company acquired First Choice Ingredients for an enterprise value of USD453 million. With this acquisition, DSM can help First Choice Ingredients grow even faster by selling their products outside the US to DSM's large global customer base and incorporating their solutions into DSM's full offering on taste, texture, and health in sustainable solutions for Food & Beverage customers. As a result of the acquisition, First Choice Ingredients gains access to DSM's world-class biotechnology toolbox, fermentation, and global customer relationships. First Choice Ingredients, a US-based company is a leading manufacturer of concentrated dairy flavors created by natural fermentation and reaction technologies. Asia-Pacific was the largest region in the essential oils & plant extract for livestock market in 2022. The regions covered in the global essential oils & plant extract for livestock market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the essential oils & plant extract for livestock market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The essential oils & plant extract for livestock market consists of sales of leaves, stems, seeds, lavender, peppermint, hemp extract. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The essential oils plant extract for livestock market research report is one of a series of new reports from The Business Research Company that provides Essential oils & plant extract for livestock market statistics, including essential oils & plant extract for livestock industry global market size, regional shares, competitors with an essential oils & plant extract for livestock market share, detailed essential oils & plant extract for livestock market segments, market trends and opportunities, and any further data you may need to thrive in the essential oils & plant extract for livestock industry. This essential oils & plant extract for livestock market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Plant-based protein is a protein supplement that is derived from plant-based sources. Plant-based proteins are becoming more popular as meat substitutes because they are highly nutritious and include nutrients such as fiber, vitamins, and minerals in addition to proteins. The main types of plant-based protein are isolates, concentrates and textured. Plant-based protein isolates are consumed in an isolated form after being chemically extracted into a powder from the whole food. Plant-based proteins are derived from various sources such as soy, wheat, pea, others and are available in both dry and liquid forms. It is used in feed, food and other applications. The global plant based protein market is segmented - 1) By Type: Isolates, Concentrates, Textured 2) By Source: Soy, Wheat, Pea, Other Sources 3) By Form: Dry, Liquid 4) By Application: Feed, Food, Other Applications The global plant-based protein market size grew from $14.7 billion in 2022 to $16.22 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global plant-based protein is expected to grow to $24.89 billion in 2027 at a CAGR of 11.3%. The increasing awareness of health and wellness is expected to propel the growth of the plant-based protein market during the forecast period. Plant-based proteins are good for weight loss and provide building blocks for healthy muscles and tissues. They are high in fiber and contain less amount of calories & fats than animal protein. For instance, according to a poll by E times in 2021, the COVID-19 pandemic has transformed Indians' attitudes toward health, with 70% saying they will prioritise food and lifestyle adjustments in 2021 to manage both physical and emotional health. Therefore, the increasing awareness of health and wellness drives the growth of the plant-based protein market. Major players in the plant-based protein market are Archer Daniels Midland Company (ADM), DuPont Nutrition & Biosciences, Axiom Foods Inc., Cargill, Kerry Group, Ingredion Incorporated, Roquette Freres, Wilmar International Limited, Glanbia PLC., Cosucra Groupe Warcoing SA, Sotexpro, Emsland Group, and PURIS Foods. Plant-based meat substitutes are gaining significant popularity in the plant-based proteins market. Plant-based meat alternatives are the priority of major companies operating in the plant-based proteins sector attributing to various benefits such as being ecologically friendly, aiding in weight loss, preventing chronic illnesses, and regulating cholesterol and blood sugar levels. For instance, in July 2021, Nature’s Fynd, a US-based company which develops microbe-based proteins for meat and dairy substitutes has raised over $158 million in funds for the launch of its meatless breakfast products including patties, burgers chicken-less nuggets, and others. Additionally, according to the Plant-Based Foods Association, the alternative foods sector exploded in 2020, increasing U.S. retail sales by 27% and boosting the entire market value to $7 billion. In August 2021, WM Partners, a US-based private equity firm acquired Vega for an undisclosed amount. The acquisition is expected to benefit WM partners by expanding their HPH II’s portfolio of brands and leverage the distribution strengths of Vega. Vega is a Canada-based company that produces plant-based proteins. North America was the largest region in the plant-based protein market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the plant-based protein market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the Plant-Based Protein market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The plant-based protein market consists of sales of wheat protein, soy protein, pea protein, and other plant-based proteins. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The plant-based protein market research report is one of a series of new reports from The Business Research Company that provides plant-based protein market statistics, including plant-based protein industry global market size, regional shares, competitors with a plant-based protein market share, detailed plant-based protein market segments, market trends and opportunities, and any further data you may need to thrive in the plant-based protein industry. This plant-based protein market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Plant extracts refer to a method intended to extract specific plant-based ingredients. This process separates solids from liquids by bringing a solid (the plant) into contact with the liquid (the solvent), which is then used to solubilize and contain the valuable plant components. They have medicinal, aromatic, anti-inflammatory, antifungal, antimicrobial, antiparasitic, antiprotozoal, and antioxidant effects. The main types of plant extracts are spices, essential oils and natural extracts, flavours and fragrance, phytomedicines and herbal extracts, phytochemicals and others. Phytochemicals refer to bioactive nutrient plant chemicals in fruits, vegetables, grains, and other plant foods that will provide desirable health benefits beyond basic nutrition to reduce the risk of major chronic diseases. The different sources include fruits, flowers, and bulbs, leaves, barks and stems, rhizomes and roots, and others. The various applications involved are pharmaceuticals, food and beverages, cosmetics, and others. The global plant extracts market is segmented - 1) By Type: Spices, Essential Oils and Natural Extracts, Flavors and Fragrance, Phytomedicines and Herbal Extracts, Phytochemicals, Other Types 2) By Source: Fruits, Flowers and Bulbs, Leaves, Rhizomes and Roots, Barks and Stems, Other Sources 3) By Application: Pharmaceuticals, Food and Beverages, Cosmetics, Other Applications The global plant extracts market size will grow from $25.53 billion in 2022 to $28.23 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The plant extracts market size is expected to grow to $39.89 billion in 2027 at a CAGR of 9.0%. The rapid growth in the vegan trend is significantly contributing to the growth of the plant extract market. A vegan refers to a person who doesn’t consume animal products, including meat, eggs, or dairy products. Vegan people consume plant-based products to fulfil their nutritional requirements. For instance, according to the Plant-Based Foods Association (PBFA), a US-based trade association, retail sales of plant-based foods in the United States increased by 6.2% in 2021. Therefore, the rapid growth in vegan trends is driving the growth of the plant extract market. Major players in the plant extracts market are Naturex, Berkem, Kuber Impex Ltd., Network Nutrition, Organic Herb Inc., Qualiphar-Gifrer, Givaudan, Arjuna Natural Pvt Ltd., Synthite Industries Private Ltd., Martin Bauer Group, Tokiwa Phytochemical Co Ltd., Native Extracts Pty Ltd., Symrise, Sensient Technologies Corporation, Indesso , Vidya Herbs, Plant Extracts International Inc., Indena, Nutra Green Biotechnology Co Ltd., Nantong Sihai Plant Extracts Co. Ltd., Schwabe, Provital Group, and Chenguang Biotech. Increasing technological advancements have emerged as the key trend gaining popularity in the plant extract market. Companies operating in the plant extract sector are focused on developing new technological solutions to reinforce their position. For instance, in June 2021, Firmenich, a Switzerland-based fragrance and taste company, launched the Firgood ingredients using revolutionary and sustainable proprietary extraction technology. The Firgood technology is solvent-free and utilizes low energy. The water is used for extraction, which is warmed up by electromagnetic vibration, and the odorant components in it are used to yield the final pure extract. In April 2022, Kerry Group plc, an Ireland based food company, acquired Natreon, Inc., for 42 million euros ($45.74 million). This acquisition increases Kerry's influence and the portfolio of branded ingredients from ProActive Health that are supported by research, contributing to the company's technological development and improving the customer experience. Natreon, Inc., is a US-based botanical extract company that specializes in ayurvedic extracts that have been branded and subjected to scientific research and testing before being sold to the global dietary supplement and functional food and beverage industries. Asia-Pacific was the largest region in the plant extracts market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the plant extracts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the plant extracts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The plant extracts market consists of sales of medicinal plants, polyphenols, carotenoids, maceration, infusion, decoction, and percolation. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The market value includes the value of related goods sold by the service provider or included within the service offering. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The plant extracts market research report is one of a series of new reports from The Business Research Company that provides plant extracts market statistics, including plant extracts industry global market size, regional shares, competitors with a plant extracts market share, detailed plant extracts market segments, market trends and opportunities, and any further data you may need to thrive in the plant extracts industry. This plant extracts market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.