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I AgreeAnalysis of Plant Focused Dips market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
High consumption of animal-based food tends to increase the health-related issues like cancer and many heart diseases. These days rising concern about the physical fitness has led to an increase in the usage of plant based products thus leading to an increase in the demand for plant focused dips across the globe.
The plant based products is the highly growing category in the food & beverage industry right now. The market growth for plant focused dips is impacted by several factors like increasing food allergies, novelty of plant based products like plant focused dips.
The market of plant focused dips is likely to create massive opportunities for the market players engaged in the plant focused dips market globally.
The plant focused dips market is driven by the rising health concerns due to the consumption of meat or animal based products.
The plant focused dips specifically the meat substitutes provide several health benefits such as weight loss therefore drives the market for plant focused dips to grow remarkably during the forecast period.
Furthermore, the adoption level of meat substitutes by consumers is growing, this helps the manufacturers to develop and innovate the products related to meat substitutes and plant focused dips. The plant focused dips in the market contain high protein content and is nutrient dense.
There has been a surge of vegan food products in the market. Many countries have raised the issues regarding the concern about the animals.
Consumption of plant focused dips is a step towards the reduction of cruelty against animals, which is also one of the reasons for people to shift towards plant based products like plant focused dips.
Also, non-organic products contain massive amount of pesticides, which are harmful for the human body. The growing trend of vegan food has forced most of the leading companies in the market to launch plant focused dips.
The plant focused dips can be segmented based on product type, applications and geographies. On the basis of product type, the plant focused dips can be segmented into Wheat, Rice, Soy, Potato, Pea, Corn, Canola, Others (Avocado, Broccoli and many more fruits and vegetables).
Based on the applications, the plant focused dips can be bifurcated into Foods and Beverages, Meat Substitutes, Bakery and Dairy supplements. Based on the geographies, the plant focused dips can be segmented into North America, Latin America, Europe, South Asia, East Asia, Oceania, The Middle East and Africa.
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There have been many innovations in the plant focused dips, to offer some unique food and beverage items. Nowadays, plant focused dips are not only consumed by vegan and vegetarian customers but there are also many non-vegetarians, who are shifting towards plant focused dips due to its taste.
The Plant Focused Dips market in North America is likely to register a single digit growth rate over the forecast period 2018-2028, according to recent research analysis. In North America, people are becoming more health conscious due to increase in obesity and other diseases.
The plant focused dips producers are focusing on both developed and the emerging countries due to growing awareness among people from these regions. The plant focused dips producing companies, in the recent years, have changed their internal and external strategies to bring new innovations in the plant based foods segment.
Some of the significant market players in the plant focused dips VEEBA, Fresh Plaza, Good Karma, Alpro, AWE SUM organics, Agro Fresh, The Honest Stand, Core Rind, Dr. Oetker, Follow your Heart and many other significant & local players.
The research report presents a comprehensive assessment of the Plant focused dips market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Plant focused dips market segments such as product type, applications, sales channel, and geographies.
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments of Plant focused dips. The report also maps the qualitative impact of various market factors on market segments and geographies.
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The plant focused dips market is valued at US$ 146 million.
Some growth factors are growing awareness of leading a healthy lifestyle and increase in the consumption of meat substitutes.
Plant focused dips market would find most opportunities in North America.