Europe Plant-based Food Market Share, Business Size, Growth Factors and Forecast 2025 – 2032

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SkyQuest Technology Group recently introduced Europe Plant-based Food Market study with in-depth overview, describing about the Product/Industry Scope and elaborates market outlook and status (2025-2032). The market Study is segmented by key regions which is accelerating the marketization. The Europe Plant-based Food Market has witnessed Excellent growth over the past decade and is expected to maintain its upward trajectory.

Europe Plant-based Food Market size was valued at USD 10.32 billion in 2023 and is poised to grow from USD 11.34 billion in 2024 to USD 24.14 billion by 2032, growing at a CAGR of 9.9% during the forecast period (2025-2032).

Growing trend of vegetarianism and increasing investment by several large ventures in animal alternatives coupled with the growing popularity of plant food products are key factors expected to drive the growth of the Europe plant-based food market during the forecast period. Moreover, increased retail sales of various type of food products across many supermarkets & hypermarkets and growing preferences for shopping from brick-and-mortar grocers owing to ease of access & large range of product availability are further anticipated to propel the growth of the market over the coming years.

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The 2025 global Europe Plant-based Food Market report provides a comprehensive analysis of key industry players, market trends, pricing structures, and competitive dynamics, offering insights into the market landscape from 2025 to 2032. As a rapidly evolving sector, the Europe Plant-based Food Market drives economic growth, innovation, and technological advancements through the development, production, and distribution of products and services. This report highlights the market’s growth potential and its impact on global industries, providing valuable insights for stakeholders, investors, and policymakers.

Detailed Segmentation and Classification of the report (Market Size and Forecast – 2032, Y-o-Y growth rate, and CAGR):
The Europe Plant-based Food Market can be segmented based on several factors, including product type, application, end-user, and distribution channel.

Product Type
Plant-based Dairy, Plant-based Meat, Plant-based Snacks, Plant-based Beverages, Plant-based Condiments, Others
Source
Soy, Almond, Wheat, Pea, Rice, Others
Distribution Channel
Supermarkets/Hypermarkets, Convenience Stores, Online Retail, Specialty Stores, Others
End-User
Household, Food Service

Europe Plant-based Food Market – Regional Analysis:

– Europe Plant-based Food North America Market includes (Canada, Mexico, USA)
– Europe Plant-based Food Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
– Europe Plant-based Food Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
– Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
– Europe Plant-based Food South America Market includes (Brazil, Argentina)
– Europe Plant-based Food Oceania Market (Australia & New Zealand)

Top Market Players in Europe Plant-based Food Market are:

Alpro
Oatly
Huel
Veganz
Plamil Foods
Beyond Meat
Rude Health
Deliciously Ella
The Vegetarian Butcher
Quorn Foods

Europe Plant-based Food Key Market Trends:

In the last few years, due to the growing popularity of vegan and vegetarian diets, many companies across the globe are focusing on introducing more and enhanced plant-based foods into consumer diets, which is creating lucrative growth opportunities for the market. For instance, according to the European Vegetarian Union, nearly 10.5% of the overall German consumers are vegetarians, and about 1.3% are vegans. Moreover, introduction of new types of plant-based food products by large manufacturers in the region since last few years is also propelling the market growth.

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Forward-Looking Insights

The Europe Plant-based Food Market is set to experience sustained growth, fueled by technological advancements, broader global market access, and rising industry demand. With the industry addressing emerging challenges and capitalizing on new opportunities, it is expected to drive innovation and play a pivotal role in advancing global health and economic progress.

About Company:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia Pacific.

Contact Details:

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Email: sales@skyquestt.com