China Plant-Based Food Ingredients Market by application (USD Million)

Year PLANT-BASED MILK & DERIVATIVES PLANT-BASED MILK PLANT-BASED CHEESE PLANT-BASED ICE CREAM PLANT-BASED YOGURT PLANT-BASED BUTTER OTHERS BAKERY & CONFECTIONERY SWEET & SAVORY SNACKS MEAT SUBSTITUTES RTE & RTC MEALS
2016 $ 276.3 $ 154.5 $ 17.4 $ 32.5 $ 24.8 $ 19.4 $ 167.4 $ 25.8 $ 14.8 $ 94.1 $ 39.2
2017 $ 299.7 $ 167.5 $ 18.9 $ 35.3 $ 27.0 $ 21.0 $ 181.4 $ 28.0 $ 16.0 $ 102.3 $ 42.7
2018 $ 325.4 $ 181.7 $ 20.6 $ 38.4 $ 29.3 $ 22.8 $ 196.9 $ 30.4 $ 17.4 $ 111.3 $ 46.4
2019 $ 354.0 $ 197.6 $ 22.4 $ 41.9 $ 31.9 $ 24.7 $ 213.9 $ 33.1 $ 19.0 $ 121.5 $ 50.6
2020 $ 380.5 $ 212.3 $ 24.1 $ 45.1 $ 34.4 $ 26.6 $ 229.7 $ 35.6 $ 20.4 $ 131.0 $ 54.6
2021 $ 414.5 $ 231.1 $ 26.3 $ 49.2 $ 37.5 $ 28.9 $ 249.9 $ 38.8 $ 22.3 $ 143.1 $ 59.6
2022 $ 451.9 $ 251.8 $ 28.7 $ 53.8 $ 40.9 $ 31.5 $ 272.1 $ 42.4 $ 24.3 $ 156.5 $ 65.1
2023 $ 493.6 $ 274.8 $ 31.3 $ 58.9 $ 44.8 $ 34.3 $ 296.8 $ 46.3 $ 26.6 $ 171.5 $ 71.3
2024 $ 540.0 $ 300.5 $ 34.3 $ 64.5 $ 49.0 $ 37.5 $ 324.4 $ 50.7 $ 29.2 $ 188.3 $ 78.2
2025 $ 592.6 $ 329.6 $ 37.7 $ 70.9 $ 53.9 $ 41.1 $ 355.7 $ 55.7 $ 32.1 $ 207.1 $ 86.1
2026 $ 651.4 $ 362.1 $ 41.4 $ 78.1 $ 59.3 $ 45.1 $ 390.5 $ 61.3 $ 35.3 $ 228.4 $ 94.8
2027 $ 716.9 $ 398.3 $ 45.6 $ 86.2 $ 65.3 $ 49.5 $ 429.3 $ 67.5 $ 38.9 $ 252.0 $ 104.6
2028 $ 790.6 $ 439.0 $ 50.4 $ 95.2 $ 72.1 $ 54.6 $ 473.0 $ 74.5 $ 43.0 $ 278.8 $ 115.7
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China Plant-Based Food Ingredients Market by application (USD Million)

Synopsis
The above chart is China Plant-Based Food Ingredients Market by application (USD Million)

Market Dynamics

china's plant-based food industry is rapidly growing, driven by the increasing demand for healthy and sustainable food options. as consumers become more health-conscious and environmentally conscious, there has been a significant shift towards plant-based diets in the country. this trend has led to a surge in the demand for plant-based food ingredients in the chinese market. one of the primary applications of plant-based food ingredients in china is in the production of plant-based meat alternatives. with the rising concerns about the environmental impact of the meat industry and the health risks associated with the consumption of meat, consumers in china are increasingly turning towards plant-based alternatives. this has created a massive demand for plant-based proteins, such as soy, pea, and wheat, which are used to manufacture products like plant-based burgers, sausages, and nuggets. another significant application of plant-based food ingredients in china is in the dairy alternative sector. there is a growing trend towards dairy-free products, especially among lactose-intolerant individuals and those following a vegan lifestyle. the demand for plant-based milk, cheese, and yogurt has grown exponentially in recent years, leading to a surge in the use of ingredients like almond, coconut, and oat. the use of plant-based food ingredients is also on the rise in the production of bakery and confectionery products in china. plant-based alternatives to traditional ingredients like eggs and dairy are being used to make cakes, cookies, and other baked goods. this not only caters to the growing demand for vegan and allergen-free options but also appeals to health-conscious consumers who are looking for healthier alternatives to traditional baked goods. in addition to these applications, plant-based food ingredients also have a significant presence in the beverage industry in china. with the rising concerns about the use of artificial flavors and preservatives, manufacturers are turning towards natural ingredients to enhance the taste and nutritional value of their products. plant-based sweeteners, such as stevia, are gaining popularity as a healthier alternative to artificial sweeteners. moreover, the use of plant-based food ingredients in infant nutrition is also on the rise in china. as more and more parents become aware of the benefits of plant-based diets for their children, there has been a growing demand for plant-based baby food products. ingredients like soy, oats, and rice are being used to make nutritious and organic baby food options. in conclusion, the demand for plant-based food ingredients in china is being driven by various applications across different industries. with the increasing consumer awareness about the benefits of plant-based diets, this demand is expected to continue to grow in the coming years.

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