Connect with us

Public Companies

Plant-based Meat Market size worth $ 14.27 Billion, Globally, by 2030 at 13.34% CAGR: Verified Market Research®

Plant-based Meat Market size worth $ 14.27 Billion, Globally, by 2030 at 13.34% CAGR: Verified Market Research®
PR Newswire
JERSEY CITY, N.J., July 27, 2023

The “Global Plant-based Meat Market Size By Source, By Type, By Product, By Geographic Scop…



Plant-based Meat Market size worth $ 14.27 Billion, Globally, by 2030 at 13.34% CAGR: Verified Market Research®

PR Newswire

The "Global Plant-based Meat Market Size By Source, By Type, By Product, By Geographic Scope And Forecast" report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Plant-based Meat Market, including its growth prospects, market trends, and market challenges.

JERSEY CITY, N.J., July 27, 2023 /PRNewswire/ -- The Global Plant-based Meat Market is projected to grow at a CAGR of 13.34% from 2022 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 4.62 Billion in 2021 and is expected to reach USD 14.27 Billion by the end of the forecast period.

Download PDF Brochure:

Browse in-depth TOC on "Plant-based Meat Market"

202 - Pages

126 – Tables

37 – Figures

Plant-Based Meat Market Witnesses Exponential Growth: Key Players Leading the Charge

The global plant-based meat market has experienced remarkable growth in recent years, driven by a rising demand for sustainable and environmentally friendly alternatives to natural meats. Plant-based meat products, crafted from carefully selected plant-based ingredients, closely mimic the taste, texture, and appearance of conventional meats. This emerging trend encourages consumers to adopt healthier diets, emphasizing the consumption of fruits, vegetables, nuts, and seeds. Moreover, heightened awareness of the health benefits linked to plant-based products has fueled the demand for these meat substitutes.

Nutritional benefits and safety features are key factors contributing to the surging popularity of plant-based meat products. With lower levels of saturated fat, cholesterol, and calories, plant-based meats boast higher quantities of essential micronutrients like zinc, iron, and calcium. Consumers are increasingly drawn to these products due to their perceived safety when compared to conventional meat, which may carry potential health risks such as obesity, type-2 diabetes, heart disease, and certain cancers.

However, despite the market's rapid expansion, the plant-based meat industry faces some challenges. One of the primary hindrances to widespread adoption is the comparatively higher price of plant-based meat products compared to their animal-based counterparts. Industry-leading companies are proactively working to address this issue, aiming to cater to price-sensitive markets in countries such as India, China, and South Africa.

Key Players Driving the Plant-Based Meat Market:

  • Beyond Meat (United States)
  • Impossible Foods Inc. (United States)
  • Maple Leaf Foods (Canada)
  • The Vegetarian Butcher (Netherlands)
  • Gardein Protein International (Canada)
  • Morningstar Farms (United States)
  • Quorn Foods (United States)
  • Amy's Kitchen (United States)
  • Tofurky (United States)
  • Gold&Green Foods Ltd. (Finland)

These key players have been at the forefront of innovation and have carved a significant market share for themselves. Their diverse range of plant-based meat offerings, combined with strategic marketing efforts, has placed them at the top of the industry's ranking.

Looking ahead, the plant-based meat market is poised for further growth as consumers continue to prioritize health and sustainability. Despite the challenges posed by the COVID-19 pandemic, efforts to improve cost-effectiveness and enhance distribution channels are underway to bolster market expansion.

In conclusion, the plant-based meat industry is experiencing a revolution driven by increasing health consciousness and environmental awareness. As the market continues to grow, key development strategies, market share, and market ranking analysis will be essential for players seeking to maintain their competitive edge and cater to the evolving demands of consumers worldwide.

To get market data, market insights, financial statements and a comprehensive analysis of the Global Plant-based Meat Market, please Contact Verified Market Research®.

Based on the research, Verified Market Research® has segmented the global Plant-based Meat Market into Source, Type, Product, And Geography.

  • Plant-based Meat Market, by Source
    • Soy
    • Wheat
    • Pea
    • Other sources (quinoa, oats, beans, nuts, and seeds)
  • Plant-based Meat Market, by Product
    • Burger Patties
    • Strips & Nuggets
    • Sausages
    • Meatballs
    • Other Products (slices, fillets, cutlets, slides, fingers, and crumbles)
  • Plant-based Meat Market, by Type
    • Beef
    • Chicken
    • Pork
    • Fish
    • Other types (lamb and turkey)
  • Plant-based Meat Market, by Geography
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • ROW
      • Middle East & Africa
      • Latin America

Browse Related Reports:

Vegan Food Market By Product Type (Dairy Alternatives, Meat Substitutes), By End User (Takeout, Dine-in), By Geography, And Forecast

Organic Beef Meat Market By Application (Foodservice Customers, Retail and Grocery Store Chains), By Type (Fresh Meat & Processed Meat), By Geography, And Forecast

Pea Protein Market By Type (Isolates, Concentrates, Textured), By Form (Wet, Dry), By Application (Bakery Goods, Meat Substitutes, Beverages), By Geography, And Forecast

Milk Fat Replacers Market By Type (Carbohydrate Based, Protein-Based, Fat Based), By Application (Bakery And confectioneries, Beverages, Processed Meat, Convenience Foods), By Geography, And Forecast

Top 10 Pea Protein Companies improving building blocks of life

Visualize Plant-based Meat Market using Verified Market Intelligence -:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research® is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research® provides advanced analytical research solutions while offering information-enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.

Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.

Contact Us

Mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
US Toll Free: +1 (800)-782-1768
Follow Us: LinkedIn | Twitter



View original content:

SOURCE Verified Market Research

Read More