Global Plant-Based Food Market is Anticipated to Reach a Market Value of US$ 38.4 Billion by 2025, Growing at a CAGR of 8.94% during the 2019-2025 period.

Noida, India -- (ReleaseWire) -- 10/31/2019 -- The anticipated rise of plant-based food worldwide can be attributed to the impact of non-vegetarian and dairy food on human health and the environment. The livestock industry is one of the major contributors to global warming. Relative to plant-based agriculture, meat production has a much higher environmental impact in relation to freshwater use, amount of land required, and waste products generated. The recommended and potential approach for reducing the impact of humanity on the environment is to promote the increased consumption of plant-based foods. It would also help in reducing the high rates of numerous chronic diseases such as cardiovascular disease and certain cancers. According to the International Diabetes Federation, in 2017, approximately 425 million adults (20-79 years) were living with diabetes; which is anticipated to reach 629 million by 2045. Several studies claim that whole-foods or plant-based diets can help in preventing and even reverse food and lifestyle-borne illnesses, such as heart disease and type 2 diabetes. Some of the items contributing to health issues include bakery items and snacks. The Plant-Based Food Market is expected to grow at a CAGR of 8.94% in the course of the forecast period (2019-2025) and reach a market valuation of US$ 38.4 billion by 2025.

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Consumers are changing their meat and dairy consumption habits by adding plant-based proteins to their diet more frequently they are doing so to improve their diets in terms of health and sustainability. They are becoming more health-conscious and are demanding food and beverage products that are natural and low in fat and calorie content to prevent the increasing instances of obesity and related diseases. According to Nestle, 87% of Americans, both vegans, and meat-eaters are incorporating plant-based protein into their diets, with two-thirds of them doing so one or more times a week. At the same time, research conducted by comparethemarket.com found that 7% of the UK's population are avoiding animal-related products completely and are embracing plant-based lifestyles. Importantly, this figure has surged significantly since 2016. With more people shifting away from meat toward a cleaner, plant-based protein alternative, many new start-ups offering innovative products have entered the market to meet the growing demand. In fact, the plant-based food sector is currently valued at US$ 21.18 billion globally. The plant-based foods industry is seeing tremendous growth in the United States, with sales up 20% in dollar value since 2017. According to data PBFA commissioned from Nielsen, a leading retail data company, plant-based food sales topped $3.3 billion over the past year. 7% of the U.K. population identifies as vegan, while a 2016 study found that 4.3% of the German population between 18 and 79 identified as vegetarian. In comparison, only 3.3% of people in the U.S. considered themselves vegan or vegetarian.

The animal agriculture dominates the world's food system even though it is highly inefficient as an enormous amount of resources are needed to produce the meat and animal products consumed across the world. Approximately, 26% of land worldwide is dedicated to grazing livestock, while 33% of the land is allocated for growing feed. Additionally, around 70% of the world's freshwater supplies are used for agriculture, about one-third of which is for livestock feed. The United Nations Food and Agriculture Organization (FAO) estimates that livestock production is responsible for 14.5% of global greenhouse gas emissions, while other organizations like the World watch Institute have estimated it could be as much as 51%. Climate change is recognized as a significant public health issue that will impact on food security. One of the major contributors to global warming is the livestock industry and relative to plant-based agriculture, meat production has a much higher environmental impact in relation to freshwater use, amount of land required, and waste products generated. The shift towards plant-based eating has been largely fueled by consumer concern regarding animal welfare, personal well-being and the health risks linked to eating meat (especially red meat).

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The global meat and dairy sector are currently going through an unprecedented level of competition and disruption, driven by the growth of viable plant-based alternatives across many categories. The growing trend to incorporate vegetarian options into a diet of meat and fish is known as "flexitarianism," and it comes with immense health benefits. Currently, Americans eat a lot of red meat. According to the USDA, the average American ate 222.4 pounds of red meat in 2018; that's the equivalent of 890 quarter-pound burgers (or 2.4 burgers a day). The World Cancer Research Fund recommends limiting red meat consumption to no more than three 4-ounce portions a week. That means folks are eating more than five times the amount of red meat experts recommends as part of a healthy diet. Research from the U.S. Department of Health & Human Services found a diet of too much red meat comes at a cost, including increased risk of colorectal cancer, heart disease, cardiovascular disease, obesity, and high cholesterol levels. Processed meat, in particular, is higher in sodium, which has been linked to an increased risk of coronary heart disease and type-2 diabetes. The meat substitutes market is expected to reach more than US$7.1 billion globally by 2025. While overall food sales declined by 0.2%, sales of plant-based foods increased by 8.94%.

Some of the major companies operating in the global plant-based food market are Tofurky, Quorn foods Inc., Amy's kitchen, Archer Daniel's Midland, Claudron Foods, Morning Star Farms, Sweet Earth Foods, Impossible Foods, Maple Leaf food, Beyond Burgers. These players consistently aim to focus on product development, new product launch and enhance their existing portfolios to expand their customer base and strengthen their market position. 

Plant-Based Food Market

Market Insights, by Product

Plant-Based Dairy Alternatives

Plant-Based Sports Nutrition

Plant-Based Meat Substitutes

Market Insights, by Application

Supplements & Nutritional Powder

Beverages

Bakery and snacks

Breakfast cereals

Infant nutrition

Others

Market Insights, by Source

Soy protein

Pea Protein

Wheat Protein

Others

Market Insights, by Region

North America Plant-based Food Market

United States

Canada

Mexico

Rest of North America

Europe Plant-based Food Market

Germany

United Kingdom

France

Rest of Europe

Asia-Pacific Plant-based Food Market

China

Australia

India

Singapore

Rest of Asia-Pacific

Rest of the World

Top Companies Profiled

Sweet Earth Foods

Quorn foods Inc.

Amy's kitchen

Archer Daniel's Midland

Cauldron Foods

Morning Star Farms

Beyond Meat Company

Impossible Food Ltd.

Maple Leaf Food

Tofurky

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With the consistent and surging world as well as young population paired with simultaneous increase in the disposable income along with changing lifestyles the demand for subscription-based services is expected to take a toll in years to come.

Noida, India -- (ReleaseWire) -- 10/29/2019 -- A subscription box is an assortment of niche goods that are shipped to subscribers on a recurring basis. Users get convenience and an increasingly huge ambit of product choices. For a one-time entry of their credit card information, users are regularly greeted with their favourite goods and services in the comfort of their homes. With subscription boxes being available at reasonable prices and convenience has started to gain traction. Global Subscription Ecommerce Market is poised to reach the market valuation of US$ 487.21 billion by 2025 expanding at an exponential CAGR of 68.0% in the course of forecasted period (2019-2025) from US$ 13.23 billion in 2018. Although technology has evolved over the years, people have taken more time to accept it and adopt it in their daily lives. Lack of awareness among the shoppers to some extent also acts as hindrance to market growth. Online shopping displaying a dramatic growth attributed to round the clock facilities, reduced dependency on store visits, saved commuting costs among others. It has been estimated that more than 85% of the world online population have ordered the products via online shopping portals.

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With the growing and regular need for various products and services, subscription e-commerce business models have provided a sensible alternative to huge online shopper bases so that they can buy the much-needed products on recurring basis rather than every single time. Subscriptions are mainly offered weekly, monthly, annually as per consumer preference. It has been observed that regular customers are paid more attention leading to customer retention in contrast to customer acquisition. Companies offering subscription-based services aim to convert one-time customer to long term customers by giving them continuous access to service that they always need. To add on, growing investments undertaken by numerous start-ups, increasing young and working population, proliferation of smartphones and internet services, accelerating disposable income and urbanization has impelled the market growth prospects. For instance, venture capitalists have raised around US$ 3 million in last 5 years. However, lack of awareness among the developing nations, high churn rates and unclear disclosure of billing practices, issues with return and refund policies constitute some of hindering parameters that restrain the growth prospects of subscription e-commerce market at a global scale.

Based on various applications of the subscription e-commerce market, beauty and personal care are expected to showcase the swiftest expansion attributed to changing consumer behavior along with growing beauty needs of working women population. Upcoming of Glamego and Fabbag start-ups in beauty and cosmetics domain and Nykka experimenting with different subscription models has considerably intensified the competitiveness across the respective domain. The application is projected to register exorbitant CAGR of 68.0% over 2019-2025 period. In addition to this, under different end users of subscription e-commerce market, women subscribers captured the lead share in 2018.  Reduction in regular trips resulting in time efficiency paired with cost efficiency has considerably propelled the demand for subscription-based services among the womenfolk across the world. The segment is anticipated to fetch revenue sales of US$ 246.61 billion by 2025. Furthermore, online payments held the major market share attributed to growing scope of payment wallets, digitization and cashless economy among different payment modes of subscription e-commerce market; online payment and offline payment mode. Online payment mode segment is projected to register skyrocketing CAGR of 68.1% over the forecast period.

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Additionally, for better investigation and penetration of the global subscription e-commerce market, the report bifurcates the respective market into different regions such as North America (US), Europe (United Kingdom, France, Nordics), Asia Pacific (India, China, Japan) and rest of world. In 2018, North America held the lead share in subscription e-commerce market.  The region has become of the lucrative and the largest region in terms of adoption of subscription e-commerce services.  Modern lifestyles in the developed region have attracted its citizens to opt for number of subscription boxes of different kinds from popular categories ranging from food, beauty, fashion, grooming and pet products. In addition to this, with the key companies based in North America and increasing internet and smartphone penetration, North America subscription e-commerce market has flourished tremendously over the years. Moreover, Europe and Asia Pacific, are also poised to display drastic growth in subscription e-commerce market throughout the forecast time accredited to surging demand for subscription-based services, increasing disposable income coupled with spur in urbanization rate. Surging demand is expected to witness the beauty and personal care, healthcare to entertainment and food and beverage.

Key companies profiled in Global Subscription Ecommerce Market constitute Dollar Shave Club, Inc., Blue Apron Holdings Inc., Hello Fresh, Edgewell Personal Care (Harry's), Personalized Beauty Discovery, Inc (Ipsy), PetSmart Inc, Netflix, Flintobox, Nature Delivered Ltd, The Walt Disney Company Ltd.  Continuous focus on various product launches, mergers and acquisitions, and business expansions have significantly enhanced the penetration of subscription e-commerce across the globe among the young as well as working population. The endeavors of the prominent players have tremendously strengthened their market position thereby offering massive opportunities for geographic expansion in subscription e-commerce landscape. 

Global Subscription E-commerce Market

Market Segmentation

Market Insight, by Application -

Beauty and Personal Care

Food and Beverage

Clothing and Fashion

Entertainment

Health and Fitness

Market Insights, by End Users -

Women

Men

Kids

Market Insights, by Payment Mode -

Online

Offline

Market Insight, by Region -

North America Subscription Ecommerce Market

US Subscription Ecommerce Market

Rest of NA Subscription Ecommerce Market

Europe Subscription Ecommerce Market

UK Subscription Ecommerce Market

France Subscription Ecommerce Market

Nordics Subscription Ecommerce Market

Asia Pacific Subscription Ecommerce Market

China Subscription Ecommerce Market

India Subscription Ecommerce Market

Japan Subscription Ecommerce Market

Rest of Asia Pacific Subscription Ecommerce Market

Rest of World Subscription Ecommerce Market

Top Company Profiles -

Dollar Shave Club, Inc.

Blue Apron Holdings Inc.

Hello Fresh

Edgewell Personal Care (Harry's)

Personalized Beauty Discovery, Inc (Ipsy)

PetSmart Inc

Netflix

Flintobox

Nature Delivered ltd

The Walt Disney Company Ltd.

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UnivDatos Market Insights (UMI) is a rapidly emerging market research firm that offers the most relevant and effective research solutions. With our unique approach to gathering valuable data and using actionable insights, we help our clients develop winning market strategies, so they can explore market-entry and growth opportunities to drive smart decisions.

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The market of wearable medical device market is anticipated to grow enormously owing to factors such as rising old age population and old age-related diseases, increasing penetration of smartphones and growing number of smartphone-based healthcare apps compatible with wearable devices.

Noida, Uttar Pradesh -- (ReleaseWire) -- 10/16/2019 -- Global Wearable Medical Device Market is anticipated to reach the market valuation of US$ 25,101.5 Million by 2025 displaying a reasonable CAGR of 18.29% over the forecast period (2019-2025). Wearable medical devices are deployed for the monitoring of patients at both personal as well as medical level. The technology revolves around the miniaturization of electronic devices in order to make them wearable and reliable. The market of wearable medical device market is anticipated to grow enormously owing to the factors such as rising old age population and old age-related diseases, increasing penetration of smartphones and growing number of smartphone-based healthcare apps compatible with wearable devices. Growing preference for wireless connectivity among healthcare providers and increasing focus on physical fitness would further derive the overall adoption of wearable medical device.However, high cost of wearable devices and lack of reimbursement and data security issues. Moreover, Incorporation of AI Wearable Medical Devices Market and Increasing demand for connected devices will act as the opportunity for further evolution of this industry.

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"Smart Watches are projected to hold the largest market share and will dominate the Global wearable medical device market by 2025."

Based on type of wearable medical device market is bifurcated into Smartwatches, Wristband, Smart Clothing, Footwear, Eyewear, Skin Patches and Others. Market of Smart watches is expected to grow tremendously and is projected to dominate the market in 2025 due to the high popularity of these devices.

"Diagnostic & Monitoring Devices are expected to dominate the product type during the analyzed period."

Wearable medical device market is segmented based on device into diagnostic & monitoring devices and therapeutic devices. The diagnostic & monitoring devices occupied the largest share and is expected to maintain its dominance throughout the forecast period 2019-2025. However, therapeutic devices are expected to show the highest growth.

"Amongst application, Home Healthcare holds the major share in Global wearable medical device market."

Wearable device market holds a wide range of application in sports & fitness, remote patient monitoring and home healthcare. Rising incidence of lifestyle disease will escalate the market growth and Home Healthcare will hold the highest market share in this segment.

"Online mode of distribution is the prominent mode of distribution of wearable medical devices and is anticipated to dominate Global wearable medical device market by 2025."

Pharmacies, online channel and hypermarkets are the major distribution channel of this technology. Online Channel are anticipated to dominate this segment in 2025. Rising smartphone penetration and people spending more time on internet is expected to boost the online mode of purchase and distribution of wearable medical devices majorly in the developed and developing countries.

"United States represents as one of the largest markets of wearable medical device market globally."

For deep dive analysis of the overall adoption of wearable medical devices, through analysis was conducted for major region/country. Regional analysis of the technology is conducted for North America (United States, Canada), Europe (Germany, France, Italy, United Kingdom, Spain, Netherlands), Asia-Pacific (China, India, Japan, Australia, South Korea) and Rest of the world. United States is the largest adopter of technologically advanced products, hence dominate the market for wearable medical device globally.

Fitbit, Inc., Apple, Inc., Xiaomi Technology Co., Ltd, Garmin International, Huawei Technologies Co. Ltd, Philips Healthcare, Samsung Electronics Co., Ltd., Polar electro OY, Gentag Inc., Omron corporation are some of the prominent players operating in the Global wearable medical device market industry. These players are adopting several growth strategies including acquisition, product launches, partnership and business expansion to increase their market presence and benefit as first mover advantages. The industry has also witnessed the emergence of several start-ups in the respective domain, majorly in the European region.

Reasons to buy (The research report presents):

Current and future market size from 2018 to 2025 in terms of value (US$)

Combined analysis of deep-dive secondary research and input from primary research through Key Opinion Leaders of the industry

Country-level details of the overall adoption of wearable medical device market and current and future health status of the country

A quick review of overall industry performance at a glance

In-depth analysis of key industry players

A detailed analysis of regulatory framework, drivers, restraints, key trends and opportunities prevailing in the industry

Examination of industry attractiveness with the help of Porter's Five Forces analysis and start ups

The study comprehensively covers the market across different segments and sub-segments of the technology

Region/country Covered: North America (United States, Canada), Europe (Germany, France, Italy, United Kingdom, Spain, Netherlands), Asia-Pacific (China, India, Japan, Australia, South Korea) and Rest of the world

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About UnivDatos Market Insights (UMI)
UnivDatos Market Insights (UMI) is a rapidly emerging market research firm that offers the most relevant and effective research solutions. With our unique approach to gathering valuable data and using actionable insights, we help our clients develop winning market strategies, so they can explore market-entry and growth opportunities to drive smart decisions.

Contact Us
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India
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For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm