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Plant-based Meat Market Opportunities, Leading Players - 2027

The plant-based meat market is projected to reach a revenue of USD 15.7 billion by 2027, with a CAGR of 14.7% between 2022 and 2027. In 2022, the market was valued at USD 7.9 billion globally.

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Plant-based Meat Market Opportunities, Leading Players - 2027

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  1. Plant-basedMeatMarketworth$15.7billionby2027– Exclusive Report by MarketsandMarkets™ ThePlant-based Meat MarketisprojectedtoreachUSD15.7billionby2027,withaCAGRof14.7%,intermsofvaluebetween 2022 and 2027 according to a new report by MarketsandMarkets™.Themajorfactorstodrivethegrowthoftheplant-basedmeatmarketaregrowthinveganandflexitarianpopulation,riseinawarenessaboutthehealthbenefitsofplant-basedmeatoveranimal-basedmeatproducts,increaseininvestmentbygovernmentbodiesandR&Dactivities,andinvestmentofthemajorfoodindustrygiantsinplant-basedmeatproducts. DownloadPDFBrochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=44922705 Browsein-depthTOCon"Plant-basedMeatMarket” 846– Tables 45– Figures 447– Pages Soyaccountforthelargestmarketshareintheplant-basedmeatmarket Basedonthesource,thesoysegmentdominatesthemarket.Soyservesasanalternativetomeatsources,suchaspork,beef,andchickenduetoitshighproteincontent.TheconsumptionofsoyfoodshasrecentlyriseninWesterncountriesduetotheadoptionofvegetariandietsandbeingcholesterol-freeasagainstanimal-basedproteins. Thebeefsegmentisprojectedtoaccountforthelargestmarketshareintheplant-basedmeatmarketduringtheforecastperiod. Basedontype,thebeefsegmentisprojectedtoaccountforthelargestmarketshareintheplant-basedmeatmarket.Beefisusuallyconsideredatypeofmeatharvestedfromcattleanditisanutrient-richfood,asitprovidesvariousessentialnutrients.Plant-basedbeefprovidessimilarcharacteristicstothatofbeef.Beef-relatedplant-basedproducts,suchasmeat-freebeefpieces,no-beefburgers,beefwatercress,andbeefsteak,aremadefromsourcessuchassoyandwheat. TheburgerPattiesegmentisprojectedtogrowatasignificantCAGRintheplant-basedmeatmarketduringtheforecastperiod. Byproduct,theplant-basedmeatmarketissegmentedintoburgerpatties,strips&nuggets,sausages,meatballs,andotherproducts.Theotherproductsincludeslices,fillets,cutlets,fingers,andcrumbles.Plant-basedburgersarethemostpopulartypeofproductthathasgainedconsumerattentionatagloballevel.Theyaredesignedandcreatedtolookandtastelikeconventionalmeatproducts. Thefoodretailsegmentisprojectedtoaccountforthelargestmarketshareintheplant-basedmeatmarketduringtheforecastperiod. Basedonthedistributionchannel,thefoodretailsegmentisprojectedtoaccountforthelargestshareintheplant-basedmeatmarket.Foodretailreferstooperatingretail,supermarket,hypermarketstores,andanyotherformofstores,wherevariousproducts,suchasgroceryitems,vegetables,uncookedmeat,andfrozenproducts,aremadeavailabletotheconsumers.Thisdistributionchannelisbeingusedbyestablishedplant-basedmeatcompaniesaswellasstartupstoincreasethepenetrationoftheirproductsinthemarket. RequestSamplePages:https://www.marketsandmarkets.com/requestsampleNew.asp?id=44922705 Europeregionholdsthelargestshareintheplant-basedmeatmarketduringtheforecastperiod. Europeisoneofthefastest-growingregionsintermsofconsumptionandproduction.ThemanufacturersinEuropearecurrentlyfocusingonnewproductdevelopmentsthatincludeplant-basedmeatwithbettertexture,appearance,andcomposition.Theinnovativeproductdevelopmentintheregionisbackedbyappropriateresearchanddevelopmentfacilitiesavailableintheregion. Thisreportincludesastudyonthemarketinganddevelopmentstrategies,alongwiththeproductportfoliosofleadingcompanies.Itconsistsofprofilesofleadingcompanies,suchasBeyondMeat(US),KelloggCompany(US),ImpossibleFoodsInc.(US),MapleLeafFoods(Canada),Unilever(UK),ConagraFoods(US),Tofurky(US),GoldGreenFoodsLtd(Finland),Sunfed(NewZealand),andMondeNissin(Philippines). Get10%FreeCustomizationonthisReport: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=44922705

  2. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact70%to80%ofworldwidecompanies’ revenues.Currentlyservicing7500customersworldwideincluding80%ofglobalFortune1000companiesasclients.Almost75,000topofficersacrosseightindustriesworldwideapproachMarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the"GrowthEngagementModel– GEM".TheGEMaimsatproactivecollaborationwiththeclientstoidentifynewopportunities,identifymostimportantcustomers,write"Attack,avoidanddefend"strategies,identifysourcesofincrementalrevenuesforboththe company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants(Positioningtopplayersacrossleaders,emergingcompanies,innovators,strategicplayers)annuallyinhigh growth emerging segments. MarketsandMarkets™ is determinedtobenefitmorethan10,000companiesthisyearfortheirrevenueplanningandhelpthemtaketheirinnovations/disruptionsearlytothemarketbyprovidingthemresearchaheadofthecurve. MarketsandMarkets’sflagshipcompetitiveintelligenceandmarketresearchplatform,"KnowledgeStore"connectsover200,000marketsandentirevaluechainsfordeeperunderstandingoftheunmetinsightsalongwithmarketsizingandforecastsofnichemarkets. Contact: Mr.AashishMehraMarketsandMarkets™ INC. 630DundeeRoad Suite430 Northbrook,IL60062 USA:+1-888-600-6441 Email:sales@marketsandmarkets.com ResearchInsight:https://www.marketsandmarkets.com/ResearchInsight/plant-based-meat-market.aspVisitOurWebsite:https://www.marketsandmarkets.com/ ContentSource:https://www.marketsandmarkets.com/PressReleases/plant-based-meat.asp

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