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

Year SOY PEA OATS COCONUT SEEDS & NUTS HERBS & SPICES FRUITS & VEGETABLES OTHERS
2016 $ 454.8 $ 319.7 $ 199.8 $ 96.5 $ 418.9 $ 192.7 $ 519.4 $ 311.1
2017 $ 489.9 $ 346.2 $ 215.9 $ 104.7 $ 453.5 $ 208.3 $ 560.9 $ 333.0
2018 $ 528.1 $ 375.4 $ 233.6 $ 113.7 $ 491.8 $ 225.7 $ 606.7 $ 355.8
2019 $ 571.3 $ 408.7 $ 253.8 $ 123.6 $ 535.0 $ 245.2 $ 658.5 $ 380.5
2020 $ 610.6 $ 439.6 $ 272.5 $ 132.8 $ 575.3 $ 263.6 $ 704.2 $ 403.3
2021 $ 661.3 $ 479.1 $ 296.4 $ 144.5 $ 626.2 $ 286.6 $ 765.2 $ 432.1
2022 $ 717.0 $ 522.7 $ 322.8 $ 157.5 $ 682.7 $ 312.1 $ 831.7 $ 463.6
2023 $ 778.6 $ 571.3 $ 352.1 $ 171.8 $ 745.5 $ 340.5 $ 905.5 $ 498.1
2024 $ 847.1 $ 625.4 $ 384.8 $ 187.9 $ 815.4 $ 372.1 $ 987.5 $ 536.0
2025 $ 923.6 $ 685.9 $ 421.1 $ 206.1 $ 894.0 $ 407.6 $ 1079.5 $ 578.8
2026 $ 1009.2 $ 754.2 $ 462.2 $ 226.5 $ 982.4 $ 447.5 $ 1182.7 $ 625.8
2027 $ 1104.1 $ 830.1 $ 507.8 $ 249.1 $ 1080.6 $ 491.8 $ 1297.1 $ 677.2
2028 $ 1210.4 $ 915.6 $ 559.0 $ 274.5 $ 1191.2 $ 541.6 $ 1425.7 $ 734.2
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US Plant-Based Food Ingredients Market by source (USD Million)

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

Market Dynamics

the demand for plant-based food ingredients in the us market has been on the rise in recent years. this trend can be attributed to various factors such as health concerns, environmental sustainability, and ethical considerations. as more consumers are looking for alternatives to traditional animal-based products, the demand for plant-based food ingredients is expected to continue growing. one of the key sources of plant-based food ingredients in the us market is fruits and vegetables. these ingredients are rich in essential nutrients and are highly sought after for their health benefits. with an increasing focus on maintaining a healthy lifestyle, consumers are turning to plant-based foods that are considered to be wholesome and nutritious. additionally, fruits and vegetables are versatile ingredients that can be used in a variety of dishes, making them an essential source for plant-based food manufacturers. another significant source of plant-based food ingredients in the us market is grains and legumes. these ingredients are a staple in many plant-based diets and are known for their high protein and fiber content. they are also considered to be a more sustainable and environmentally-friendly alternative to animal-based proteins. as such, grains and legumes are increasingly being used in plant-based meat alternatives and dairy-free products, catering to the growing demand for plant-based options. nuts and seeds are also a popular source of plant-based food ingredients in the us market. these ingredients are rich in healthy fats, protein, and fiber, making them a desirable addition to plant-based diets. nuts and seeds are widely used in plant-based milks, spreads, and snacks, providing a nutrient-dense alternative to traditional dairy and meat products. furthermore, herbs and spices play a crucial role in enhancing the flavor of plant-based dishes. with an increasing emphasis on clean labels and natural ingredients, herbs and spices are gaining popularity as flavor enhancers in plant-based products. they are also known for their medicinal properties, making them a sought-after source of functional plant-based food ingredients. in conclusion, the demand for plant-based food ingredients in the us market is being driven by various sources such as fruits and vegetables, grains and legumes, nuts and seeds, and herbs and spices. as consumers continue to prioritize their health and well-being, the demand for these ingredients is expected to continue growing, further propelling the plant-based food market in the us.

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