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New Zealand Plant-Based Food Market, By Distribution Channel
Charts & Stats
New Zealand Plant-Based Food Market, By Type
By Type, the market is segmented into Plant-Based Milk & Derivatives , Bakery & Confectionery, Sweet & Savory Snacks , Plant-Based Juices , RTD Tea & Coffee , RTE & RTC Meals , and Others (2018–2027)
Author: Wantstats Research TeamSource: Wantstats Repository
| Label | Plant-Based Milk & Derivatives | Bakery & Confectionery | Sweet & Savory Snacks | Plant-Based Juices | RTD Tea & Coffee | RTE & RTC Meals | Others |
|---|---|---|---|---|---|---|---|
| 2018 | 147.8 USD Mn | 9.4 USD Mn | 5.6 USD Mn | 12.3 USD Mn | 6.3 USD Mn | 12.9 USD Mn | 51.4 USD Mn |
| 2019 | 163.4 USD Mn | 10.4 USD Mn | 6.2 USD Mn | 13.7 USD Mn | 7 USD Mn | 14.4 USD Mn | 57.3 USD Mn |
| 2020 | 180.7 USD Mn | 11.6 USD Mn | 6.9 USD Mn | 15.3 USD Mn | 7.8 USD Mn | 16 USD Mn | 63.9 USD Mn |
| 2021 | 199.8 USD Mn | 12.8 USD Mn | 7.7 USD Mn | 17.1 USD Mn | 8.7 USD Mn | 17.8 USD Mn | 71.3 USD Mn |
| 2022 | 220.9 USD Mn | 14.2 USD Mn | 8.5 USD Mn | 19 USD Mn | 9.7 USD Mn | 19.8 USD Mn | 79.4 USD Mn |
| 2023 | 244 USD Mn | 15.7 USD Mn | 9.5 USD Mn | 21.2 USD Mn | 10.8 USD Mn | 22.1 USD Mn | 88.4 USD Mn |
| 2024 | 269.4 USD Mn | 17.4 USD Mn | 10.5 USD Mn | 23.6 USD Mn | 12 USD Mn | 24.5 USD Mn | 98.4 USD Mn |
| 2025 | 297.3 USD Mn | 19.2 USD Mn | 11.6 USD Mn | 26.3 USD Mn | 13.3 USD Mn | 27.2 USD Mn | 109.5 USD Mn |
| 2026 | 328.1 USD Mn | 21.3 USD Mn | 12.9 USD Mn | 29.3 USD Mn | 14.7 USD Mn | 30.3 USD Mn | 121.8 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
The New Zealand plant-based food market has been witnessing a growing demand in recent years, driven by various factors such as health consciousness, environmental sustainability, and demand for alternative protein sources. Plant-based foods are those that are derived from plants and exclude any animal-based ingredients. They include fruits, vegetables, legumes, whole grains, nuts, and seeds.
One of the major factors driving the demand for plant-based foods in New Zealand is the increasing health awareness among the population. There is a growing trend towards healthy eating habits and consumers are becoming more conscious about the impact of their food choices on their overall health. Plant-based foods are perceived to be healthier as they are mostly unprocessed and contain a higher nutrient content compared to animal-based foods.
Moreover, the demand for plant-based foods is also being driven by the rising concerns about the environmental impact of animal-based food production. As a result, there has been a shift towards sustainable and environmentally friendly food choices. Plant-based foods have a lower carbon footprint and require fewer resources such as water and land for production, making them a more sustainable option.
The popularity of plant-based diets, such as vegetarianism and veganism, has also contributed to the growth of the plant-based food market in New Zealand. These diets exclude any animal-based products and rely solely on plant-based foods. As more people adopt these diets for ethical, health, or environmental reasons, the demand for plant-based foods is expected to increase.
In recent years, there has been a surge in the development and availability of plant-based meat alternatives in the New Zealand market. These products are made from plant-based proteins such as soy, peas, and mushrooms, and are designed to mimic the taste, texture, and appearance of meat. This has attracted not only vegetarians and vegans but also flexitarians who are looking to reduce their meat intake for health or environmental reasons.
The demand for plant-based food options is not limited to the retail market, but also extends to the foodservice industry. Many restaurants, cafes, and food chains are now offering plant-based options in their menus to cater to the growing demand from consumers.
In conclusion, the demand for plant-based food in New Zealand is multi-faceted, driven by factors such as health consciousness, sustainability, changing dietary preferences, and innovation in the food industry. As more people become aware of the benefits of plant-based diets, the demand for these foods is expected to continue to rise.
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Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.