- Dairy Alternatives
- Plant-based Meat
- Meals
- Confectionery
- Beverages
- Egg Substitutes
- Seafood
Europe Plant-Based Food Market held USD 8,289.1 million by 2030, growing at a CAGR of 10.5% during the forecast period of 2024 to 2030. The European plant-based food market is experiencing significant growth, driven by several factors including increasing consumer interest in health, sustainability, and animal welfare. According to a report by GFI Europe, sales of plant-based foods in Europe grew by 21% between 2020 and 2022, reaching a record €5.8 billion. Plant-based meat sales grew to €2 billion in 2022, accounting for 6% of the overall pre-packaged meat market, while other categories, including plant-based seafood and cheese, saw double-digit growth.
Consumers are increasingly aware of the health benefits of plant-based diets, which are typically lower in saturated fat and cholesterol and higher in fiber than meat-based diets. Consumers are also becoming more concerned about the environmental impact of animal agriculture. Plant-based foods have a lower environmental footprint than meat-based foods, requiring less land, water, and energy to produce, and a growing number of consumers are concerned about the welfare of animals raised for food. Plant-based foods provide a cruelty-free alternative to meat. Despite the innovation & development in the plant-based food market the higher prices for plant-based foods and significant preference for animal-based products can hinder the growth of the European plant-based foods market.
Europe Plant-Based Foods Market Key Developments:
- October 2022: Redefine Meat, an Israeli alt-meat company using 3D printing for plant-based steaks, partnered with importer Giraudi Meats to expand distribution of their products across Europe.
- April 2021: Beyond Meat, a leading player in plant-based meat, significantly expanded its retail presence across Europe. This included partnerships with major retailers in the UK (Sainsbury's, Waitrose), Germany (Kaufland, Tegut, Famila, Real), Austria (SPAR, BILLA, BILLA PLUS), Switzerland (Migros), and the Netherlands (Albert Heijn, Jumbo) The European plant-based food market is experiencing significant growth, driven by several key factors
Europe Plant-Based Foods Market Dynamics
Developing new and innovative plant-based products that mimic the taste and texture of animal products can attract new consumers. Expanding plant-based options beyond traditional meat alternatives (burgers, sausages) into dairy (cheese, yogurt) and seafood can capture a wider market. Exploration of alternative protein sources like legumes, mycoprotein (fungus-based), and insect protein. Highlighting the environmental benefits of plant-based diets can attract eco-conscious consumers, and also consumers are demanding plant-based products with recognizable and natural ingredients. The growing popularity of vegan and vegetarian lifestyles fuels the market for plant-based alternatives but European consumers still value animal-based protein for its nutritional profile, and plant-based alternatives can sometimes be more expensive than traditional meat and dairy products which declines the market growth.
Country Analysis
Europe Plant Based Foods Market
Based on countries, the market is segmented into the UK, Germany, France, Italy, Spain, and the Rest of Europe. Germany boasts the largest plant-based food retail market in Europe, sales in Germany increased between 2020 and 2022. The UK has witnessed a shift toward plant-based diets, driven by factors such as the popularity of veganism and lactose intolerance. In 2021, consumer spending on meat decreased from £20.78 billion in 2020 to approximately £20.54 billion. Media coverage and new product developments have contributed to the market’s growth. However, the comparatively high prices of dairy alternatives remain a challenge. In France, Italy, and Spain the growth of the plant-based market is due to rising consumer awareness about health impacts and environmental concerns has fuelled the demand for plant-based foods, and the overall trend in these countries aligns with the European market. The rest of Europe also contributes to the growth of the plant-based food market, factors such as product innovation, media coverage, and consumer preferences play a role.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Europe Plant Based Foods Market Segmentation
By Type
By Source
- Soy
- Wheat
- Pea
- Rice
By Distribution Channel
- Supermarkets/Hypermarkets
- Convenience Stores
- Online Retail Stores
- Others
Frequently Asked Questions
The Europe plant-based food market held USD 8,289.1 million by 2030, growing at a CAGR of 10.5% during the forecast period of 2024 to 2030.
• Growing health concerns • Veganism and vegetarianism • Technological advancements • Climate change awareness
• Plant-based protein diversification • Hyper-realistic plant-based meat • Focus on clean-label ingredients
Beyond Meat Inc., Danone S.A., Amy's Kitchen Inc., The Hain Celestial Group Inc., Daiya Foods Inc., Marlow Foods Ltd., Taifun -Tofu GmbH, Vbite Food Ltd, Plamil Foods Ltd, Plant & Bean Ltd, Unilever PLC, Berief Food GmbH, Nestle S.A., The Meatless Farm, and Veganz Group AG0
Germany is the most dominant country European plant-based food market.
| 1.Executive Summary |
| 2. Europe Plant-Based Foods Market Introduction |
| 2.1. Europe Plant-Based Foods Market - Taxonomy |
| 2.2. Europe Plant-Based Foods Market - Definitions |
| 2.2.1.Type |
| 2.2.2.Source |
| 2.2.3.Distribution Channel |
| 2.2.4.Country |
| 3. Europe Plant-Based Foods Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Europe Plant-Based Foods Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Europe Plant-Based Foods Market By Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Dairy Alternatives |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Plant-based Meat |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Meals |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Confectionery |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Beverages |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Egg Substitutes |
| 5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 5.7. Seafood |
| 5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.7.3. Market Opportunity Analysis |
| 6. Europe Plant-Based Foods Market By Source, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Soy |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Wheat |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Pea |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Rice |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7. Europe Plant-Based Foods Market By Distribution Channel, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Supermarkets/Hypermarkets |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Convenience Stores |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Online Retail Stores |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Others |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8. Europe Plant-Based Foods Market By Country, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Germany |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. France |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Italy |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. United Kingdom (UK) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Spain |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.Germany Plant-Based Foods Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Dairy Alternatives |
| 9.1.2.Plant-based Meat |
| 9.1.3.Meals |
| 9.1.4.Confectionery |
| 9.1.5.Beverages |
| 9.1.6.Egg Substitutes |
| 9.1.7.Seafood |
| 9.2. Source Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Soy |
| 9.2.2.Wheat |
| 9.2.3.Pea |
| 9.2.4.Rice |
| 9.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Supermarkets/Hypermarkets |
| 9.3.2.Convenience Stores |
| 9.3.3.Online Retail Stores |
| 9.3.4.Others |
| 10.France Plant-Based Foods Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Dairy Alternatives |
| 10.1.2.Plant-based Meat |
| 10.1.3.Meals |
| 10.1.4.Confectionery |
| 10.1.5.Beverages |
| 10.1.6.Egg Substitutes |
| 10.1.7.Seafood |
| 10.2. Source Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Soy |
| 10.2.2.Wheat |
| 10.2.3.Pea |
| 10.2.4.Rice |
| 10.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Supermarkets/Hypermarkets |
| 10.3.2.Convenience Stores |
| 10.3.3.Online Retail Stores |
| 10.3.4.Others |
| 11.Italy Plant-Based Foods Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Dairy Alternatives |
| 11.1.2.Plant-based Meat |
| 11.1.3.Meals |
| 11.1.4.Confectionery |
| 11.1.5.Beverages |
| 11.1.6.Egg Substitutes |
| 11.1.7.Seafood |
| 11.2. Source Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Soy |
| 11.2.2.Wheat |
| 11.2.3.Pea |
| 11.2.4.Rice |
| 11.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Supermarkets/Hypermarkets |
| 11.3.2.Convenience Stores |
| 11.3.3.Online Retail Stores |
| 11.3.4.Others |
| 12.United Kingdom (UK) Plant-Based Foods Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Dairy Alternatives |
| 12.1.2.Plant-based Meat |
| 12.1.3.Meals |
| 12.1.4.Confectionery |
| 12.1.5.Beverages |
| 12.1.6.Egg Substitutes |
| 12.1.7.Seafood |
| 12.2. Source Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Soy |
| 12.2.2.Wheat |
| 12.2.3.Pea |
| 12.2.4.Rice |
| 12.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Supermarkets/Hypermarkets |
| 12.3.2.Convenience Stores |
| 12.3.3.Online Retail Stores |
| 12.3.4.Others |
| 13.Spain Plant-Based Foods Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Dairy Alternatives |
| 13.1.2.Plant-based Meat |
| 13.1.3.Meals |
| 13.1.4.Confectionery |
| 13.1.5.Beverages |
| 13.1.6.Egg Substitutes |
| 13.1.7.Seafood |
| 13.2. Source Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Soy |
| 13.2.2.Wheat |
| 13.2.3.Pea |
| 13.2.4.Rice |
| 13.3. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Supermarkets/Hypermarkets |
| 13.3.2.Convenience Stores |
| 13.3.3.Online Retail Stores |
| 13.3.4.Others |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Beyond Meat Inc. |
| 14.2.2.Danone S.A. |
| 14.2.3.Amy's Kitchen Inc. |
| 14.2.4.The Hain Celestial Group Inc. |
| 14.2.5.Daiya Foods Inc. |
| 14.2.6.Marlow Foods Ltd. |
| 14.2.7.Taifun -Tofu GmbH |
| 14.2.8.Vbite Food Ltd |
| 14.2.9.Plamil Foods Ltd |
| 14.2.10.Plant & Bean Ltd |
| 14.2.11.Unilever PLC |
| 14.2.12.Berief Food GmbH |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
- Beyond Meat Inc.
- Danone S.A.
- Amy's Kitchen Inc.
- The Hain Celestial Group Inc.
- Daiya Foods Inc.
- Marlow Foods Ltd.
- Taifun -Tofu GmbH
- Vbite Food Ltd
- Plamil Foods Ltd
- Plant & Bean Ltd
- Unilever PLC
- Berief Food GmbH
- Nestle S.A.
- The Meatless Farm
- Veganz Group AG