Gernmany Plant-Based Food Ingredients Market by source (USD Million)

Year SOY PEA OATS COCONUT SEEDS & NUTS HERBS & SPICES FRUITS & VEGETABLES OTHERS
2016 $ 103.8 $ 81.6 $ 45.1 $ 15.7 $ 110.9 $ 27.4 $ 86.0 $ 103.4
2017 $ 112.1 $ 88.5 $ 48.9 $ 17.0 $ 120.4 $ 29.6 $ 93.4 $ 111.4
2018 $ 121.2 $ 96.2 $ 53.1 $ 18.5 $ 130.8 $ 32.0 $ 101.5 $ 119.9
2019 $ 131.4 $ 105.0 $ 57.8 $ 20.2 $ 142.2 $ 34.6 $ 110.7 $ 129.7
2020 $ 140.7 $ 113.1 $ 62.2 $ 21.7 $ 153.0 $ 37.1 $ 119.3 $ 138.3
2021 $ 152.7 $ 123.6 $ 67.8 $ 23.7 $ 166.8 $ 40.2 $ 130.2 $ 149.6
2022 $ 165.8 $ 135.1 $ 74.1 $ 25.9 $ 182.0 $ 43.6 $ 142.2 $ 161.9
2023 $ 180.5 $ 148.0 $ 81.0 $ 28.4 $ 198.9 $ 47.4 $ 155.7 $ 175.5
2024 $ 196.7 $ 162.3 $ 88.7 $ 31.1 $ 217.8 $ 51.7 $ 170.7 $ 190.6
2025 $ 215.0 $ 178.4 $ 97.3 $ 34.2 $ 239.1 $ 56.4 $ 187.6 $ 207.6
2026 $ 235.5 $ 196.6 $ 107.1 $ 37.7 $ 262.9 $ 61.8 $ 206.7 $ 226.5
2027 $ 258.2 $ 216.9 $ 117.9 $ 41.5 $ 289.5 $ 67.7 $ 227.9 $ 247.4
2028 $ 283.7 $ 239.7 $ 130.1 $ 45.9 $ 319.5 $ 74.3 $ 251.8 $ 270.8
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Gernmany Plant-Based Food Ingredients Market by source (USD Million)

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

Market Dynamics

the plant-based food industry in germany is currently witnessing a significant demand for food ingredients from various sources. this demand is primarily driven by the growing trend of veganism and plant-based diets among the german population. as more individuals are becoming aware of the health benefits and environmental sustainability of plant-based food, they are actively seeking out alternative sources of food ingredients. one of the major sources of plant-based food ingredients in germany is soy. soy-based products have been in use for quite some time now in vegetarian diets and are gaining popularity due to their high protein content and versatility as an ingredient. soy-based ingredients such as tofu, tempeh, and soy milk are widely used in the production of plant-based meat substitutes, dairy alternatives, and other plant-based products. the demand for soy-based ingredients is expected to continue to rise in the coming years, driven by the increasing adoption of plant-based diets. another significant source of plant-based ingredients is grains and cereals. german consumers are actively incorporating a variety of grains like quinoa, amaranth, and buckwheat into their diets, as they are rich in nutrients and can be easily incorporated into a variety of plant-based recipes. grains and cereals are also being used to produce plant-based meat alternatives, such as textured vegetable protein (tvp) and seitan, which are gaining popularity due to their meat-like texture and taste. the demand for plant-based food ingredients is also being driven by the increasing availability of plant-based dairy alternatives. ingredients like almond milk, oat milk, and coconut milk are being used as alternatives to traditional dairy products, catering to the growing demand for lactose-free and vegan-friendly options. additionally, plant-based ingredients such as nuts, seeds, and legumes are being used as alternative sources of protein, catering to consumers looking for non-soy options. with the rise of the plant-based trend, there has also been a surge in demand for natural and organic food ingredients. consumers are increasingly seeking out plant-based products made from unprocessed and sustainable ingredients. this has led to an increase in the demand for ingredients such as quinoa, chia seeds, and flax seeds, which are known for their health benefits and sustainable production methods. in conclusion, the demand for plant-based food ingredients in germany is being driven by various sources, including soy, grains and cereals, dairy alternatives, and natural and organic ingredients. as the demand for plant-based products continues to grow, it is expected that the demand for these ingredients will also continue to rise, creating significant opportunities for manufacturers in the plant-based food industry.

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