On September 23, 2020, at 4pm CEST/ 10am EDT, Tom Vierhile, vice president for strategic insights at Innova Market Insights, will present a webinar titled: "The Plant-Based Revolution.". One of Innova's Top Ten Trends for 2022 - Plant-Based: The Canvas for Innovation - highlights the opportunities for the sector to branch out into all product forms from convenience foods to gastronomy. According to Innova Market Insights, plant-based product claims increased by 62% globally between 2013 and 2017. Manufacturers have gotten the message. According to Innova Market Insights, plant-based product claims increased globally by a CAGR of 62% between 2013 and 2017, with claims appearing on everything from plant proteins and sweeteners to herbs, seasonings, and even food coloring. This year, the market researcher expects consumers to demand new products and extra sophistication under the plant-based umbrella. One area in which components of plants play an important role is food quality and safety. Plant milk is extracts from sources such as soy, almonds, coconuts, oats, rice is a best alternative for . "The plant-based revolution currently disrupting the fresh meat market is likely to reverberate across a broader range of categories in the future," confirms Tom Vierhile, vice-president of strategic insights for Innova . In the plant protein segment, Innova Market Insights data show a 9 percent growth in plant based protein NPD (Global, 2014-2018). The mainstream appeal of plant-based will expand in 2021, propelled by health, diet variety, sustainability, and taste . Just for a little deeper look into this report, Innova found that within the food and beverage market, plant-based product claims accelerated to a 62% growth nationwide from the year 2013 to 2017 . . According to Innova Market Insights, plant-based products increased 62% globally in just four years from 2013 to 2017. Research has linked plant-based diets with lower risks of heart disease, obesity, hypertension, type 2 diabetes, and . Among flexitarians, trust in the safety of plant-based products is high, but concerns remain over cost and limited choice. Netherlands—While everyone loves sweets, Innova Market Insights notes in a press release that the consumer drive towards wellness has entered the confectionary, bakery, ice cream, and desserts categories, leading to new challenges for manufacturers trying to meet these conflicting demands. One Green Planet shares new market research demonstrating enormous growth of plant-based claims on packaged goods. This is a traditional Indonesian food made from partially cooked and then fermented soybeans. Sugar Reduction . Plant forward Innova sees the plant-based trend moving forward with rising mainstream appeal that will drive expansion in new and more indulgent categories in 2021. Having identified the Top Ten Trends for 2020, Innova Market Insights has highlighted how some of these trends impact the sweets and snacks categories. Tom Vierhile, vice president of strategic insights for Innova Market Insights. The market researcher also flags that the strength and breadth of demand for . In Europe, the plant-based alternative market is predicted to be worth €7.5 billion by 2025, compared to €4.4 billion in 2019[1]. 1 MarketsAndMarkets | 2 Innova Market Insights Clean Label $47.1 Bil By 20201 Claims Up 30% 91% of consumers think familiar ingredients are healthier2. We provide comprehensive and data-driven insights for the vegan consumer and business market. Carrageenan is under scrutiny, even though it is plant-based. According to Innova Market Insights, plant-based products increased 62% globally in just four years from 2013 to 2017. Chef Christine Farkus, Innovation Lead and Founder of IHeartFood Consulting, shares her insights on how almonds can make plant-based . Growing consumer interest in health, sustainability and ethics is driving plant-derived ingredients and products into high popularity. Rising at a CAGR of 8.7%, the market is forecast to reach US$ 73.61 Bn by the end of 2028, finds Future Market Insights in . The Plant Based Meat Products Market size was valued at US$ 14,527.55 MN by 2028 from US$ 5,354.72 MN in 2021; it is expected to grow at a CAGR of 15.3% during 2021-2028.New York, May 18, 2022 . According to a recent report from Innova Market Insights, the plant-based revolution is only gaining momentum, rising from a niche diet choice to the mainstream in just a matter of years. Vierhile pointed to a recent advertisement in . The use of plant-based claims . The company reports that plant-based product claims increased by 62% globally (CAGR, 2013-2017) with growth occurring on . Here are some ideas that will focus specifically on the cutting edge of the plant-based products market and trends to keep you . This new product comes at the height of what could be considered the plant-based revolution. Innova Market Insights is a global market intelligence company for consumer packaged goods specializing in the food & beverage and personal care sectors. According to a report by Innova Market Insights, plant-based products and ingredients are becoming more and more popular. Research produced by Global Market Insights, Inc., Shelbyville, Del., outlines how the plant-based ingredients category will cross the $13 . The market research firm noted plant-based concepts have moved beyond the core dairy and meat alternative categories, with two-thirds (67 percent) of all new products with "plant-based" claims were launched outside those . At Innova Market Insights, we will be presenting very insightful trends and content related to Holistic Health and Plant-Based innovation. . Plant-based. But formulating with plant proteins requires a juggling act when it comes to balancing the functionality, sensory impact, nutrition profile, regulatory status and cost impact of the various ingredients. 23 September 2020. Plant-based foods are gaining steam: What was once dubbed a fad has become a $4.5 billion market, growing at a rate of five times total food sales, according to Plant Based Foods Association (PBFA), San Francisco. Meanwhile, a 2019 Innova Market Insights Consumer Survey indicated that 58% of global consumers prefer plant-based claims when buying alternatives to meat and/or dairy. 28 January 2021 - Innova Market Insights' #2 trend for 2021, Plant-Forward, signifies the evolution of plant-based concepts beyond the core dairy and meat alternatives categories. Innova Market Insights pegged "Plant-Based: The Canvas for Innovation" as a top trend for 2022, noting that as personal health and global sustainability are proving to be strong drivers of consumer choice, plant-based R&D has refocused from mimicking meat, fish and dairy to optimizing and diversifying options. market is a multi-billion dollar market, and growing rapidly. Plant-based foods and nuts represent some of the fastest-growing food markets, making them essential parts of the food landscape. Here are some ideas that will focus specifically on the cutting edge of the plant-based products market and trends to keep you . ry-S :04 (UTC) If you have any queries about this data or require information in a different format, please contact insights@vegansociety.com. As plant-based eating is moving from trend to food revolution status, the F&B industry is taking up the challenge to deliver more "clean label" alternatives. Request demo. Please feel free to use this information as you need, referencing The Vegan Society when doing so. Plant-based products include platforms like active botanicals, plant-proteins, non-dairy milk, seasonings . . One Green Planet shares new market research demonstrating enormous growth of plant-based claims on packaged goods. Plant-based meat products are free of unsaturated fat and have low calorific value . In the session, Vierhile will highlight the key drivers and barriers surrounding plant-based products, including essential benefits and claims on the market. Plant-based positioning The rise of these products has also led to a proliferation of plant-based ingredients that offer high protein as well as versatile, low-cost formulation solutions. This week it . According to Innova Market Insights, plant-based products increase consumer interest when elements of indulgence, bold flavors, and nutrition are added. [11] Consumers can conveniently order shelf-stable soymilk to keep on hand as an affordable beverage and an . In the US, sales of plant-based food and drink are outpacing overall food growth fivefold and SPINS retail data from March 2020 shows that grocery sales of plant-based foods that directly replace . #innovation #health #innovación #plantbased #freefrom Rising consumer awareness about vegan diet and health benefits associated with them is propelling the market growth. When Innova Market Insights asked why people would consider adopting plant-based alternatives into their diets, 53% of global consumers responded that it would be the healthier choice, and they're not wrong. Innova Market Insights reports that plant-based product claims increased by 62% globally (CAGR, 2013-2017) with growth occurring on platforms such as plant proteins, active botanicals, sweeteners . According to Innova Market Insights research, 45% of, on average, US and UK consumers are influenced by texture when buying food and drinks, while 68% share the opinion that textures contribute to a more interesting food and beverage experience. Arnhem, Netherlands—Innova Market Insights has unveiled its annual Top Ten Trends report, according to a press release. From 2020 to 2025, more than half the absolute value growth of the global retail sector is projected to be digital. *2021YTD = Jan 2021 -Jun 2021. According to Innova Market Insights, plant-based claims for global food and beverage launches are experiencing strong growth with a compound annual growth rate of 57% over the 2015 to 2019 period. The report gives retailers, brands, and manufacturers insight into consumer demands. For the past few years, consumers have been increasingly focused on personal health, driving the purchase of health-and-wellness beverages, according to Innova Market Insights, the Netherlands. Reduced Sugar. [10] In fact, by 2025 the absolute value growth for the global retail sector is expected to reach $1.4 trillion. Concerns about sustainability and animal welfare mean lab-grown foods could disrupt the industry with the use of new technologies. Innova Market Insights pegged "Plant-Based: The Canvas for Innovation" as a top trend for 2022, noting that as personal health and global sustainability are proving to be strong drivers of consumer choice, plant-based R&D has refocused from mimicking meat, fish and dairy to optimizing and diversifying options. 07 Oct 2021 --- The undeniable rise of plant-based eating has been charted in Innova Market Insights' Top Ten Trends for several years. Plant-based meat products include patties, meatballs, nuggets, sausages, and ground meat, among others. As the plant-based snacking category continues to grow, how can brands stay relevant and deliver the healthful appeal consumers crave? Innova Market Insights has tracked the rise in plant-based food and beverages for many years, as reflected in its annual Top Ten Trends. . This is a traditional Indonesian food made from partially cooked and then fermented soybeans. Plant milk market size exceeded USD 12 Billion in 2019 and is estimated to achieve over 11% CAGR between 2020 and 2026. 14 INNOVA MARKET INSIGHTS Dairy leads as the top category in plant-based new product launches Top 10 categories of food and beverage launches tracked with a plant-based positioning (USA, Canada & Mexico, 2016-2021YTD*) Source: Note: Innova Database. Innova Highlights 5 Trends To Watch In 2021. Dairy alternatives are especially high in demand . Following closely behind in the top trends for 2020 identified by Innova Market Insights are: 6. According to Innova Market Insights, global sales of dairy alternative drinks rose 60% and spoonable, non-dairy yoghurts doubled between 2015 and 2019. According to Innova Market Insights, plant-based claims for global food and beverage launches are experiencing strong growth with a compound annual growth rate of 57% over the 2015 to 2019 period. Innova Market Insights, "Powering Up on Plant Protein," March 24, 2021. According to Innova Market Insights, plant-based food launches have experienced a growth rate of 57 percent from 2015 to 2019. This Mintec conference brings… Read More. When it comes to plant-based snacking, product developers are just getting started. There are, however, a few tricks to success in this area. "Transparency throughout the supply chain will dominate in 2021, with consumers searching for brands that can . Welcome to The Vegan Society's market insight page. In fact, according to Innova Market Insights, 'plant-based' claims for food and beverage launches are experiencing strong growth globally, with a compound annual growth rate (CAGR) of 57% from . 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