West Africa Plant Based Product Market is expected to grow with the CAGR of 5.00% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.
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West Africa plant based product market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in West Africa plant based product market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.
For instance,
- In October 2019, Blue Diamond Growers launched new product named Almond Breeze Almond milk Mexican Hot Chocolate inspired by the Latin America Holiday Beverage. This new product launch will help Blue Diamond Growers in expanding their product portfolio which will eventually help in increasing the revenue of the company.
Blue Diamond Growers is the dominating player in West Africa Others are CWAY GROUP, Chi Limited, Danone S.A., Costco Wholesale Corporation, Califia Farms, LLC, FanMilk Ltd (A Danone S.A. Company), Upfield, Tosh Coconuts Limited, Violifefoods among others.
Blue Diamond Growers
Blue Diamond Growers, is headquartered in California, U.S. founded in 1910. The company focuses on providing almond and almond based products with high quality to fulfil the consumers need. The company wide range of product categories such as Snack Almonds, Almond Breeze, Nut-Thins, Baking Ingredients and Protein among these the market focused category is Almond Breeze.
- In September 2020, Bayer AG has pre-launched the trial of new tomato varieties with resistance to Tomato Brown Rugose Fruit virus (ToBRFV). The trail began in Mexico with two varieties of Roma type tomato that demand intermediate resistance to ToBRFV. As a result of trails, Bayer AG is expected to release product for commercial sale in Mexico at 2021. Thus, this will help the company to create a strong customer base.
The company has presence in U.S., Nigeria.
Danone S.A.
Danone S.A. is headquartered in Paris, France founded in 1919. The company focuses on manufacturing essential dairy and plant-based products, medical nutrition, early life nutrition and waters and offer high quality and innovative products to fulfil the consumer demand.The company offers wide range of product category in Essential Dairy & Plant-Based Products, Waters, Specialized Nutrition, where the market focused category is Essential Dairy & Plant-Based Products.
- In February 2021, Danone S.A. has welcomed a new brand named Follow Your Heart in their family to expand their business in plant-based products.
The company has a presence in Asia-Pacific, Latin America, Middle East and Africa, Europe, and North America.
Califia Farms, LLC
Califia Farms, LLC is headquartered in California, U.S., founded in 2010. The company focuses on best tasting plant & nut based beverages packaged in unique curvy bottles. It deals with nut based milk, nondairy yogurt creams. The company offers various product categories such as Plant Milks, Creamers, Shelf Stable, Plant Butters, Protein Oat, Cold Brew Coffees, Yoghurts, Juices is focused category Plant Milks, Yoghurts, Plant Butters.
- In May 2020, Califia Farms, LLC launched protein oat, plant based butter into the market. This launch of products helped the company to reach a better level in sales and marketing and to strengthen its position in plant-based products market.
The company has presence in North America, Europe, Asia-Pacific, and Africa.
