The global demand for Plant Based Meat Market is presumed to reach the market size of nearly USD 45.03 Billion by 2032 from USD 5.67 Billion in 2023 with a CAGR of 25.9% under the study period 2024-2032.
Plant-based meat is made to imitate properties found within natural meats and are considered as a sustainable and environmentally friendly meat substitute. It is prepared by using plant and non-animal products to look, feel and taste exactly like meat, are made in the form of a burger patty, nuggets, or even crumbles and sausages and as it grows more popular.
The global plant-based meat market is at an emerging stage. Plant-based meat is poised to replace traditional meat and will be considered as part of new modernity for vegan. The product is predicted to achieve mainstream and will change the way consumer eat. Consumers are turning to plant-based meats for health and sustainability. More consumers are giving alternatives a try, willing to switch to plant-based, consumers are most interested in eating plant-based meats because it is something new and they are curious. The market is projected to grow at a substantial rate, principally accompanied by an increase in healthy plant-based food following plant-based meat reduces significant cardiovascular risk compared to animal-based. At the same time, regionsthat follow religious ethics is predicted to show more dramatic consumption. The other highlights in the market are increasing funding for research. The funding is allocated to biochemists, tissue engineers, computational modelling experts, plant geneticists, and food scientists. The research is focused on taste, texture, cost, and scale-up improvements. The overall findings reflect good years ahead.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Plant Based Meat. The growth and trends of Plant Based Meat industry provide a holistic approach to this study.
This section of the Plant Based Meat market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Source
By Product
By Type
By End-User
By Storage
This section covers the regional outlook, which accentuates current and future demand for the Plant Based Meat market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Plant Based Meat market include Beyond Meat, Impossible Foods Inc., Maple Leaf Foods (Field Roast & Maple Leaf), Vegetarian Butcher, Conagra Inc. (Gardein Protein International), Kellogg NA Co. (MorningStar Farms), Quorn, Amy'S Kitchen Inc., Tofurky, Gold&Green Foods Ltd., Sunfed, VBites Foods Limited, Kraft Foods Inc., Lightlife Foods Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
1. PREFACE
1.1. Report Description
1.1.1 Objective
1.1.2 Target Audience
1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1 Market Research Process
1.3.2 Market Research Methodology
2. EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3. PLANT BASED MEAT – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Source
3.7.2 Market Attractiveness Analysis By Product
3.7.3 Market Attractiveness Analysis By Type
3.7.4 Market Attractiveness Analysis By End-User
3.7.5 Market Attractiveness Analysis By Storage
3.7.6 Market Attractiveness Analysis By Region
4. VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1 List of Raw Materials
4.2.2 Raw Material Manufactures List
4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1 Direct Marketing
4.4.2 Indirect Marketing
4.4.3 Marketing Channel Development Trend
5. GLOBAL PLANT BASED MEAT MARKET ANALYSIS BY SOURCE
5.1. Overview By Source
5.2. Historical and Forecast Data
5.3. Analysis By Source
5.4. Soy Historic and Forecast Sales By Regions
5.5. Pea Historic and Forecast Sales By Regions
5.6. Wheat Historic and Forecast Sales By Regions
5.7. Others Historic and Forecast Sales By Regions
6. GLOBAL PLANT BASED MEAT MARKET ANALYSIS BY PRODUCT
6.1. Overview By Product
6.2. Historical and Forecast Data
6.3. Analysis By Product
6.4. Burgers Historic and Forecast Sales By Regions
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