The Latest Plant Industry Statistics Explained
In 2021, the global plant-based food market is estimated to be worth $75.2 billion.
The statistic states that in 2021, the global plant-based food market is estimated to have a value of $75.2 billion. This figure indicates the total monetary worth of plant-based food products being consumed worldwide in that year. The market includes various types of plant-based food items such as fruits, vegetables, nuts, seeds, grains, plant-based meat alternatives, dairy substitutes, and other plant-based products. The substantial growth in the plant-based food market value suggests an increasing consumer demand for these products due to factors like health consciousness, environmental concerns, ethical considerations, and changing dietary preferences. This statistic highlights the significance and economic impact of the plant-based food industry on a global scale in 2021.
By 2027, the global plant-based food industry is projected to reach $74.2 billion.
The statistic “By 2027, the global plant-based food industry is projected to reach $74.2 billion” refers to a forecasted financial valuation of the plant-based food industry worldwide within the next six years. This projection suggests a significant growth trajectory for the plant-based food sector, reflecting increasing consumer interest in plant-based diets and sustainability practices. The expected $74.2 billion valuation indicates a substantial market opportunity for businesses operating in the plant-based food space and provides insights into the potential economic impact and relevance of plant-based products in the coming years. This statistic underscores the growing prominence of plant-based foods in the global food industry and highlights the importance of understanding and responding to evolving consumer preferences and market trends.
The U.S. plant-based meat market was worth $801 million in 2019.
The statistic stating that the U.S. plant-based meat market was worth $801 million in 2019 provides information on the total value of plant-based meat products sold within the United States during that year. This figure demonstrates a substantial market size and growing popularity of plant-based meat alternatives among consumers. The market value reflects the combination of various plant-based meat products and brands available in the market and indicates a significant economic opportunity within the food industry. It also highlights a shift in consumer preferences towards more sustainable and ethical food choices, as plant-based meat continues to gain traction as a viable alternative to traditional animal-based meat products.
The global plant-based protein market is expected to reach $9.9 Billion by 2022.
The statistic that the global plant-based protein market is projected to reach $9.9 billion by 2022 indicates a significant and rapid growth in the market for plant-derived protein sources. This forecast suggests a growing consumer interest and adoption of plant-based protein products, driven by factors such as increasing awareness about sustainability, health benefits, and animal welfare concerns associated with traditional animal-based protein sources. The rising popularity of plant-based diets among consumers, including vegetarians, vegans, and flexitarians, is likely contributing to the expansion of this market. This statistic signals a shift towards plant-based proteins as a mainstream dietary choice and demonstrates the potential for further market growth and innovation in the plant-based protein industry in the coming years.
The Asia Pacific is projected as the fastest-growing plant protein market during the forecast period 2020-2025.
The statistic highlights that the Asia Pacific region is forecasted to experience the highest rate of growth in the plant protein market between 2020 and 2025. This projection suggests that there is a growing demand for plant-based protein products in the Asia Pacific region, driven by factors such as increasing awareness of health and sustainability, changing dietary preferences, and a rising trend towards plant-based diets. The growth in this market indicates significant opportunities for businesses operating in the plant protein sector to expand their presence and offerings in the Asia Pacific region to cater to the evolving consumer preferences and market dynamics.
By 2019, Beyond Meat had captured 2.1% of U.S. alternative meat industry sales.
The statistic indicates that by the year 2019, Beyond Meat had achieved a market share of 2.1% within the alternative meat industry in the United States. This means that out of all the sales generated by alternative meat products in the U.S., Beyond Meat accounted for 2.1% of the total. This figure suggests that Beyond Meat was successful in gaining a notable portion of the market for plant-based meat substitutes compared to its competitors. It also reflects the increasing popularity and acceptance of plant-based alternatives in the American market, with Beyond Meat being a key player in driving this shift towards more sustainable and environmentally friendly food choices.
The alternative protein market, including plant-based, is forecasted to reach $290 billion by 2035.
The statistic that the alternative protein market, which includes plant-based products, is projected to reach $290 billion by 2035 indicates a significant and rapid growth trend in this emerging industry. With an increasing global awareness of sustainability, health, and ethical considerations surrounding traditional animal agriculture, consumers are seeking alternative protein sources. This forecast suggests a strong consumer demand for plant-based protein products, as well as other alternative protein sources, driving significant market growth over the next decade. This statistic highlights the potential economic opportunities for businesses operating in the alternative protein sector and underscores the growing importance of sustainable and plant-based food options in meeting future food demands.
Europe’s plant-based food market grew 49% between 2013 and 2017.
The statistic “Europe’s plant-based food market grew 49% between 2013 and 2017” indicates a substantial increase in the demand and consumption of plant-based foods within the European market over a four-year period. This growth rate of 49% reflects a trend towards more people embracing plant-based diets for various reasons such as health, environmental sustainability, and ethical considerations. The significant expansion of the plant-based food market suggests a shift in consumer preferences towards more sustainable and healthier food options, as well as an increasing awareness of the benefits associated with plant-based diets among European consumers. This statistic highlights the rising popularity and market potential of plant-based foods in Europe, signaling a promising outlook for the plant-based food industry in the region.
In 2020, 42% of plant-based consumers in the US were trying to reduce their meat consumption.
The statistic indicates that in 2020, 42% of plant-based consumers in the United States were actively attempting to decrease their meat consumption. This suggests a noticeable trend among individuals who have already incorporated plant-based foods into their diet, towards further reducing or eliminating their consumption of animal-derived products. This statistic reflects a growing awareness and interest in plant-based diets as a more sustainable and environmentally friendly choice, driven by concerns regarding health, animal welfare, and the broader impact of meat production on the planet. As such, it highlights a shift in dietary preferences and behaviors towards more plant-centric eating habits among a significant portion of the population.
The global indoor plant market was valued at $39.3 billion in 2020.
The statistic stating that the global indoor plant market was valued at $39.3 billion in 2020 represents the total economic worth of all indoor plants sold worldwide during that year. This figure reflects the significant demand for indoor plants among consumers, driven by factors such as the growing awareness of the health and aesthetic benefits associated with having plants indoors. The value of the indoor plant market not only indicates the scale of the industry but also highlights the potential economic opportunities for businesses involved in the cultivation, distribution, and sale of indoor plants. This statistic underscores the importance and widespread appeal of indoor plants in various settings, from homes to workplaces, as a means to enhance well-being and create visually appealing environments.
In 2020, around 1.4 million households in Great Britain owned a houseplant.
The statistic indicates that in the year 2020, approximately 1.4 million households in Great Britain possessed at least one houseplant. This figure serves as a measure of the popularity and prevalence of houseplant ownership within the region during that time frame. It suggests that a significant portion of households in Great Britain have embraced indoor gardening or have incorporated houseplants into their interior decor. Additionally, this statistic could also reflect a growing interest in indoor plants for their aesthetic appeal, air purification benefits, and the overall positive impact they can have on mental well-being and indoor environment quality.
In 2020, there were over 7000 plant nurseries in the United States.
The statistic “In 2020, there were over 7000 plant nurseries in the United States” signifies the considerable presence of plant nurseries as crucial businesses within the country’s agricultural and horticultural sectors. The large number of plant nurseries indicates a robust industry that supplies a diverse array of plants, trees, and landscaping materials to both consumers and businesses. These establishments play a significant role in supporting the growth of various plants, helping to beautify landscapes, provide resources for gardening enthusiasts, and contribute to the overall health of the environment. The statistic also suggests that there is a demand for plant-based products and services in the United States, highlighting the importance of these nurseries in meeting the needs of a variety of customers.
Between 2012 and 2021, the total revenue of the US nursery & garden stores industry grew by 2.5%.
The statistic indicates that the total revenue generated by the US nursery & garden stores industry increased by 2.5% between 2012 and 2021. This growth suggests that the industry experienced a modest upward trend in revenue over the decade, demonstrating a positive trajectory in terms of financial performance. Factors contributing to this growth could include increased consumer spending on gardening and landscaping, a growing interest in outdoor living spaces, and potentially favorable economic conditions during this period. The 2.5% increase serves as a valuable metric for assessing the industry’s overall financial health and competitiveness within the market.
The global horticulture lighting market is projected to grow from USD 2.3 billion in 2020 to USD 6.3 billion by 2025.
The statistic indicates that the global horticulture lighting market is forecasted to experience significant growth over a five-year period, from USD 2.3 billion in 2020 to USD 6.3 billion by 2025. This projected growth suggests a substantial increase in the demand for horticulture lighting solutions, likely driven by factors such as the increasing adoption of controlled environment agriculture techniques, advancements in lighting technology, and the rising awareness of the benefits of artificial lighting for plant growth. The considerable expansion of the market size within such a relatively short timeframe highlights the opportunities available within the horticulture lighting industry for manufacturers, suppliers, and other stakeholders.
There are over 250,000 species of flowering plants known to botanists.
The statistic “There are over 250,000 species of flowering plants known to botanists” highlights the vast diversity and richness of the plant kingdom. It signifies the extensive botanical research and documentation efforts that have been undertaken to identify and classify the various species of flowering plants around the world. This statistic underscores the importance of studying and understanding plant biodiversity for ecological conservation, agricultural practices, and medicinal discoveries. It also suggests that there may still be many more undiscovered species waiting to be identified, emphasizing the ongoing nature of scientific exploration and discovery in the field of botany.
The global market for botanical and plant-derived drugs will reach $39.6 billion by 2022.
The statistic indicates the projected value of the global market for botanical and plant-derived drugs, forecast to reach $39.6 billion by the year 2022. This suggests a significant growth trajectory in the market, likely driven by factors such as increasing consumer demand for natural and plant-based remedies, growing awareness about the potential health benefits of botanical products, and advancements in research and development of plant-derived medicines. This statistic reflects the expanding opportunities and potential for investment and innovation in the botanical drug market, highlighting the continued relevance and importance of natural products in the pharmaceutical and healthcare industries.
Off-the-shelf garden plants contain a cocktail of pesticides, with 76% containing the pesticide glyphosate, a probable human carcinogen.
The statistic indicates that a large proportion of off-the-shelf garden plants are contaminated with multiple pesticides, with glyphosate being present in 76% of the samples. Glyphosate is classified as a probable human carcinogen by some regulatory agencies. This finding raises concerns about the potential health risks associated with using these garden plants, as exposure to pesticides has been linked to various adverse health effects, including cancer. Consumers should be informed about the presence of pesticides in commercially available plants and consider taking necessary precautions to minimize their exposure to these harmful chemicals while gardening or landscaping.
The global market for hydroponics is expected to reach USD 16.49 billion by 2027.
The statistic indicates that the global market for hydroponics, a method of growing plants without soil using nutrient-rich water solutions, is projected to see substantial growth and reach a value of USD 16.49 billion by 2027. This forecast suggests a positive outlook for the hydroponics industry, driven by factors such as increasing adoption of indoor farming techniques, rising demand for sustainable agricultural practices, and advancements in technology that support efficient hydroponic systems. The projected market value signifies significant opportunities for businesses operating in the hydroponics sector and highlights the potential for continued expansion and innovation in this field over the coming years.
Plants represent the largest segment in the global phytonutrients market and it is expected to grow at a CAGR of 7.2% during the forecast period 2021-2026.
The statistic indicates that plants are the leading category in the global phytonutrients market, comprising the largest segment of products. Moreover, the industry is projected to witness significant growth over the forecast period from 2021 to 2026, with a compound annual growth rate (CAGR) of 7.2%. This growth rate suggests a steady and consistent increase in market size and demand for plant-based phytonutrients due to factors such as increasing consumer awareness about the health benefits of phytonutrients, a rising focus on plant-based diets, and growing interest in natural and sustainable products. As a result, the plant segment is poised to expand its presence and importance within the global phytonutrients market in the coming years.
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