US Plant-Based Food & Beverages by distribution channel (USD Million)

Year STORE-BASED SUPERMARKETS & HYPERMARKETS CONVENIENCE STORES OTHERS NON-STORE-BASED
2019 $ 3474.3 $ 2172.1 $ 806.7 $ 495.4 $ 1223.2
2020 $ 3777.0 $ 2365.1 $ 877.8 $ 534.1 $ 1338.1
2021 $ 4137.6 $ 2596.4 $ 962.0 $ 579.3 $ 1475.0
2022 $ 4544.7 $ 2857.7 $ 1058.0 $ 629.0 $ 1630.2
2023 $ 5004.4 $ 3152.8 $ 1166.0 $ 685.6 $ 1807.1
2024 $ 5516.7 $ 3483.8 $ 1285.5 $ 747.4 $ 2009.5
2025 $ 6103.0 $ 3860.9 $ 1423.7 $ 818.4 $ 2235.0
2026 $ 6766.9 $ 4289.4 $ 1579.7 $ 897.7 $ 2494.5
2027 $ 7519.8 $ 4776.2 $ 1756.8 $ 986.8 $ 2790.3
2028 $ 8373.8 $ 5329.1 $ 1957.8 $ 1086.8 $ 3127.6
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US Plant-Based Food & Beverages by distribution channel (USD Million)

Synopsis
The above chart is US Plant-Based Food & Beverages by distribution channel (USD Million)

Market Dynamics

the demand for us plant-based food and beverages has been surging in recent years and the distribution channels have played a crucial role in meeting this demand. with the shift towards healthier and sustainable eating habits, consumers are increasingly turning towards plant-based options over traditional animal-based products. this change in consumer behavior has led to a growth in demand for plant-based food and beverages through various distribution channels. one of the primary distribution channels for plant-based food and beverages is retail. supermarkets, hypermarkets, and specialty stores have expanded their plant-based offerings in response to the increasing demand. these retail channels provide a convenient and accessible platform for consumers to purchase a variety of plant-based products such as dairy alternatives, meat substitutes, and plant-based snacks. retailers have also introduced dedicated sections or shelves for plant-based products, making it easier for consumers to find and purchase these items. another major distribution channel for us plant-based food and beverages is e-commerce. with the rise of online shopping, more and more consumers are opting to purchase their groceries and food items online. this trend has also extended to plant-based products with the availability of a wide range of options on various e-commerce platforms. the convenience of online shopping, along with the ability to compare prices and read reviews, has made e-commerce a popular choice for consumers looking to purchase plant-based food and beverages. moreover, foodservice channels such as restaurants and cafes have also been playing a significant role in driving the demand for plant-based products. as consumers become more health-conscious, many restaurants and cafes have started incorporating plant-based options into their menus. this has not only provided variety to consumers but has also exposed them to the benefits of plant-based eating. in addition, the presence of plant-based options in foodservice channels has also encouraged many consumers to experiment with plant-based cooking at home. in conclusion, the demand for us plant-based food and beverages by distribution channel has been steadily increasing due to various factors such as changing consumer preferences, the availability of a diverse range of plant-based options, and the rise of convenient distribution channels. the growth of plant-based food and beverages through these channels is expected to continue in the coming years as more consumers become aware of the benefits of plant-based eating.

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