Plant-Based: From Niche to Mainstream
The plant-based food sector has experienced exponential growth, and this trend is having a profound impact on B2B ingredient markets. What was once a niche category is now a major driver of innovation and investment.
Market Growth Statistics
The global plant-based food market is projected to reach €77 billion by 2025, growing at a compound annual rate of over 11%. This growth is creating significant opportunities for ingredient suppliers and food manufacturers alike.
Key Ingredients in Demand
- Plant Proteins: Pea protein, soy, and emerging sources like fava beans and chickpeas
- Functional Starches: For texture and binding in meat alternatives
- Natural Flavors: To create authentic taste experiences
- Oils and Fats: Coconut oil, cocoa butter for mouthfeel
Opportunities for B2B Players
For food service operators and manufacturers, the plant-based trend offers opportunities to diversify menus, attract new customer segments, and improve sustainability credentials.
Foodchain offers a growing range of plant-based ingredients to help your business capitalize on this transformative trend.