New Zealand Plant-Based Food Market, By Category (USD Million)

Year CONVENTIONAL ORGANIC
2018 $ 184.7 $ 61.0
2019 $ 204.8 $ 67.8
2020 $ 227.0 $ 75.3
2021 $ 251.5 $ 83.7
2022 $ 278.6 $ 93.0
2023 $ 308.4 $ 103.2
2024 $ 341.3 $ 114.5
2025 $ 377.5 $ 127.0
2026 $ 417.6 $ 140.9
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New Zealand Plant-Based Food Market, By Category (USD Million)

Synopsis
The above chart is New Zealand Plant-Based Food Market, By Category (USD Million)

Market Dynamics

as the global demand for plant-based food continues to rise, new zealand is also witnessing a surge in popularity for this category of food products. plant-based foods are those that are solely derived from plants and do not contain any animal products or by-products. this includes fruits, vegetables, grains, legumes, nuts, and seeds, as well as processed foods made from these sources. the growing awareness about the health and environmental benefits of plant-based diets is one of the major factors driving the demand for plant-based food in new zealand. the most prominent category of plant-based food in new zealand is meat alternatives, which includes products such as plant-based burgers, sausages, and nuggets. this category has seen a significant increase in demand, credited to the rise of flexitarian and vegan diets, as well as concerns about the environmental impact of traditional meat production. new zealand, being one of the top meat-producing countries in the world, is now witnessing a shift towards plant-based meat alternatives, with major players like beyond meat and impossible foods entering the market. another popular category in the new zealand plant-based food market is dairy alternatives, including plant-based milks, yogurts, and cheeses. this trend can be attributed to the growing concerns about lactose intolerance and the ethical treatment of cows in traditional dairy farms. the rise of veganism and increasing demand for healthy dairy-free options has led to major supermarkets and food brands in new zealand expanding their range of plant-based dairy products. the demand for plant-based snacks and desserts has also seen a rise, as people are opting for healthier and guilt-free indulgences. this category includes snacks made from plant-based ingredients such as nuts, seeds, and dried fruits, as well as dairy-free desserts like vegan ice creams and cheesecakes. apart from these major categories, new zealand is also witnessing a growing demand for plant-based beverages, condiments and spreads, and ready-to-eat meals. the availability of a wide range of plant-based products in different categories has made it easier for consumers to adopt a plant-based diet and lifestyle. in conclusion, the demand for plant-based food in new zealand continues to rise, driven by various factors such as health concerns, environmental awareness, and ethical considerations. with a diverse range of products available in different categories, the plant-based food market in new zealand is expected to continue its growth trajectory in the coming years.

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