The global plant-based-meat market is expected grow from $11.86 billion in 2020 to $13.28 billion in 2021 at a compound annual growth rate (CAGR) of 12%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $20.78 billion in 2025 at a CAGR of 12%.
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The plant-based meat market consists of sales of plant-based meat and related services. Plant-based meat is prepared from plants and is similar to the conventional meat in appearance and taste. It is available in the form of a burger patty, crumbles, nuggets, and sausages. The plant-based meat is produced using ingredients such as wheat gluten, lentils, yuba, tofu, soybeans, and a variety of nuts.
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The plant-based-meat market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the plant-based-meat market are Amy’s Kitchen, The Vegetarian Butcher, Maple Leaf Foods, Beyond Meat, Impossible Foods, Greenleaf Foods, Hungry Planet, Next Level, Abbots Butcher, Atlantic Natural Foods, Don Lee Farms, Dr. Praeger’s, Gardein, Good Catch Fish, Kraft Heinz Foodservice, Monks Meats, MorningStar Farms, No Evil Foods, Ocean Hugger Foods, Quorn Foods, Sophie’s Kitchen, Sweet Earth, Tofurky, VBites, Yves Veggie Cuisine.
The global plant-based-meat market is segmented –
1) By Product Type: Burger Patties, Sausages, Strips, Nuggets, Meatballs, Others
2) By Source: Soy, Wheat, Pea, Others
3) By Distribution Channel: Grocery Stores, Food & Drinks Specialty Stores, Convenience Stores, Restaurants, Online Stores
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The plant-based-meat market report describes and explains the global plant-based-meat market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The plant-based-meat report evaluates the market across each region and for the major economies within each region.
The countries covered in the global plant-based-meat market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global plant-based-meat market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Plant-Based-Meat Market Characteristics
- Plant-Based-Meat Market Product Analysis
- Plant-Based-Meat Market Supply Chain
- Key Mergers And AcquisitionsIn The Plant-Based-Meat Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
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