Global Plant-based Meat Market By Source, By Type, By Product, By Geographic Scope And Forecast

Nov 2022| VMR6030A| Verified Market Research

Report Highlights

Plant-based Meat Market Insights

Plant-based Meat Market was valued at USD 3.72 Billion in 2019 and is projected to reach USD 10.11 Billion by 2027, growing at a CAGR of 13.3% from 2020 to 2027.

The Plant-based Meat Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Plant-based Meat Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.

Global Plant-based Meat Market Overview

The plant-based trend continues to grow, encouraging people to eat more fruits, vegetables, legumes, nuts, and seeds. Also, there are various health benefits related to plant-based products, about which consumers are becoming more aware recently. Excessive consumption of animal-based meat may end in diet-related diseases like obesity, type-2 diabetes, heart condition, and certain cancers.

This report provides an all-inclusive environment for the analysis of the Plant-based Meat Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews, and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political, and economic factors along with the current market dynamics affecting the Plant-based Meat Market growth.

Along with the market overview, which comprises the market dynamics the chapter includes Porter’s Five Forces analysis which explains the five forces: namely buyers’ bargaining power, suppliers’ bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the Plant-based Meat Market. It explains the various participants, such as system integrators, intermediaries, and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Plant-based Meat Market.



Report Synopsis

Report Metrics Details
Base year considered 2019
Forecast period considered 2020-2027
Base year market size 3.72 $ Billion in 2019
Market size forecast 10.11 $ Billion by 2027
Growth rate 13.3%
Units considered $ Billion
Segments covered By Source, By Type, By Product, By Geographic Scope
Industry covered Food & Beverages
Companies studied
  • Beyond Meat (US),
  • Gold&Green Foods Ltd. (Finland),
  • Impossible Foods Inc. (US),
  • Maple Leaf Foods (Canada),
  • The Vegetarian Butcher (Netherlands),
  • Gardein Protein International (Canada),
  • Morningstar Farms (US),
  • Quorn Foods (US),
  • Amys Kitchen (US),
  • Tofurky (US).

Global Plant-based Meat Market: Segmentation Analysis

The Global Plant-based Meat Market is segmented based on Source, Type, Product, and Geography.

Key Players In Plant-based Meat Market

The Global Plant-based Meat Market study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Beyond Meat (US), Impossible Foods Inc. (US), Maple Leaf Foods (Canada), The Vegetarian Butcher (Netherlands), Gardein Protein International (Canada), Morningstar Farms (US), Quorn Foods (US), Amys Kitchen (US), Tofurky (US), Gold&Green Foods Ltd. (Finland). The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

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