What are the innovative trends in plant-based foods, and these types of materials have great potential

In recent years, plant-based innovations have been gaining popularity
in the global market.
Sales of these foods abroad are growing rapidly, with U.
S
.
plant-based retail sales continuing to grow 27% in 2020 and reaching a $7 billion market.
The global plant-based market is expected to be worth $40.
6 billion
by 2025.
What emerging ingredients are popular in the plant-based market?

algae

Plant-based consumers consider algae to be nutritious and environmentally friendly
.
According to the algae market report released by MarketsandMarkets, globally, the algae products market size was approximately $4.
7 billion in 2021 and will reach $6.
4 billion in 2026, with a CAGR of 6.
3%
during the forecast period.
Among them, the food and beverage segment will see significant growth
.

Plant consumers are currently not aware of this emerging source of
plant-based protein.
In fact, only 7% of plant-based consumers globally say they consume algae, providing an excellent opportunity
for brands to pitch their word.
Algae proteins are one of
the important alternatives.
Algae and microalgae have become hot spots
in food science and technology in the development of new food resources, especially protein resources.

Almonds

As the global dairy alternatives market continues to grow, almonds are making a strong rise
in the plant-based market.
According to Innova Market Insights, nut-based global food and beverage launches grew at an average annual rate of 8% between 2015 and 2019, with almonds achieving double-digit growth in 2019 (13%)
.
In 2020, almonds surpassed oats to become a plant-based ingredient
with faster growth in new products.

According to the statistics of the past five years, from milk, cheese to yogurt, 20% of the world's new milk substitutes use almonds as the product base
.
Globally, almonds achieved double-digit year-over-year growth in multiple food categories such as desserts and ice cream (+10%), dairy (+13%), spreads (+29%), and sports nutrition (+95%)
.
Confectionery chocolate is the most popular application category for almonds (27%), followed by baked goods (17%)
.

hibiscus

Hibiscus is hailed as the next big trend
.
Between 2019 and 2021, hibiscus product launches increased by 21%, as its good taste and powerful antioxidant properties have allowed it to enter many mainstream energy drinks
.

Tempeh

Considered a healthier plant-based ingredient, tempeh is made from fermented soybeans and capitalizes on the growing trend to produce products
that improve gut health.

Like other plant foods, tempeh is preferred by vegetarians because it is rich in nutrients
.
Although it is rich in protein, vitamins, and minerals, it is also low in
sodium and carbohydrates.
Tempeh is not only versatile, but also nutritious and easy to season.

With the development of plant-based foods, people have also recognized this type of diet, plant-based foods have a lot of development potential, we expect the plant-based field to have a more diverse application of ingredients, from niche to the public, for consumers to develop a wider and more imaginative plant-based products
.