BIS Research Study Highlights the Global Fermented Plant-Based Alternatives Market

FREMONT, Calif. - Dec. 3, 2021 - PRLog -- The Global Fermented Plant-Based Alternatives Market is projected to reach $422.26 Million by 2026, reveals the premium market intelligence study by BIS Research. The study also highlights that the market is set to witness a CAGR of during the forecast period from 2021 to 2026.

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Fermented plant-based alternatives are food and beverages used as a substitute for animal-based products and are produced through fermentation. Most common fermented plant-based alternatives include yogurt, kimchi, kombucha, soy sauce, etc. A plant-based diet refers to a diet of fruits, grains, vegetables, legumes, and several such ingredients other than animal sources.

Market Segmentation of Global Fermented Plant-Based Alternatives

The global fermented plant-based alternatives is segmented on the basis of application, product, and region.

• Application: Supermarkets/Hypermarkets, Online, Convenience Stores, and Specialty Stores
• Product: Fermented Plant-Based Dairy (Milk, Cheese, Yogurt, and Others), Fermented Plant-Based Pickles & Vegetables (Cucumber Pickles, Kimchi, Olives, and Others), Fermented Plant-Based Sauces & Seasonings (Soy Sauce, Gochujang, and Others), Fermented Plant-Based Bakery, and Fermented Plant-Based Meat

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• Region: North America, South America, Europe, China, U.K., Middle East and Africa, and Asia-Pacific