DUBLIN, Oct. 30, 2024 (GLOBE NEWSWIRE) — “Plant-based meat market size, share and trends analysis report” by source (soybeans, peas, wheat), by product, by type (chicken, pork, “Beef, Fish), Other), By End Use, By Storage, By Region, Segment Forecast, 2024-2030” report has been added to ResearchAndMarkets.com’s offering.
The global plant meat market size is expected to reach USD 24.77 billion by 2030, registering a CAGR of 19.4% from 2024 to 2030
Increasing adoption of vegan lifestyle and diet among health-conscious consumers in traditionally meat-eating developed countries is expected to drive market growth during the forecast period.
Increasing consumer concerns about animal welfare and greenhouse gas emissions caused by meat industry practices and celebrity endorsement of vegan/vegetarian diets will increase demand for plant-based meat products in global markets. It is predicted.
Plant-based meat is primarily consumed in the hotel/restaurant/café (HORECA) sector. Major players in the industry are working with fast food and restaurant chains to promote adoption of their products. For example, fast food restaurants such as Burger King, McDonald’s, and Subway are launching new vegan meat products to capitalize on an industry dominated by health-conscious customers.
Plant-based burgers are likely to show steady growth in the coming years as consumer concerns about conventional meat products increase in the wake of the coronavirus pandemic. Plant-based burgers are known for their low-gluten, low-fat content, making them a very popular product among health-conscious people.
Highlights of the Plant-Based Meat Market Report
Plant-based sausages are expected to register the fastest CAGR during the forecast period. Changing consumer trends towards plant-based diets and increased consumption of sausages through retail channels due to taste, texture and convenience are expected to stimulate product demand worldwide. Masu. Soybean accounted for the largest market revenue share of 48.0% in 2023. Protein-rich and widely popular The growing trend of vegan diets in European countries has increased the demand for plant-based meat products in the region. Known for its range of fresh, high-quality meat dishes, the UK currently has the largest vegan population in the world. In June 2020, Starbucks teamed up with Impossible Foods to introduce the Impossible Breakfast Sandwich to most store menus. The sandwich is made with plant-based sausage and was launched as part of Starbucks’ sustainability efforts in response to growing consumer interest in plant-based options.
Featured companies
Beyond MeatImpossible Foods Inc.Maple Leaf Foods (Field Roast & Maple Leaf) Vegetable ButcherCanagra, Inc. (Gardein Protein International)Kellogg NA Co. (MorningStar Farms)QuornAmy’s Kitchen, Inc.TofurkyGold&Green Foods Ltd.SunfedVBites Foods LimitedKraft Foods, Inc.Lightlife Foods, IncTrader Joe’sYves Veggie Cuisine (The Hain-Celestial Canada, ULC)Marlow Foods Ltd. (Cauldron)Ojah BVMoving MountainsEat JUST Inc.LikeMeat GmbHGooddotOmniFoodsNo Evil FoodsDr.Praeger’s Sensible Foods
Key attributes:
Report attribute details No. Number of pages 100 Forecast period 2023 – 2030 Estimated market value in 2023 (USD) 7.17 billion USD Predicted market value by 2030 (USD) 24.77 billion USD Average annual growth rate 19.4% Target region world
Main topics covered:
Chapter 1 Plant-Based Meat Market: Methodology and Scope
Chapter 2 The Plant-Based Meat Market: An Overview
2.1.Market outlook
2.2. Outlook by segment
2.3. Competitive Insights
Chapter 3 Plant-Based Meat Market: Variables, Trends, and Scope
3.1. Industry outlook
3.1.1. Parent market outlook
3.1.2.Related market outlook
3.2. Diffusion and growth outlook mapping
3.3. Industry value chain analysis
3.3.1. Main raw material trend analysis
3.4. Regulatory framework
3.5. Technology framework
3.6. Plant-based Meat Market – Market Trends
3.6.1. Analysis of market driving factors
3.6.2. Market restraint analysis
3.6.3. Industry challenges
3.7. Business Environment Tools Analysis: Plant-Based Meat Market
3.7.1.Porter’s Five Forces Analysis
3.7.2. Pestle analysis
3.8.Major strategic transactions and alliances
Chapter 4 Plant Meat Market: Source Estimation and Trend Analysis
4.1. Plant-based Meat Market: Source Movement Analysis, 2023 and 2030
4.2. Soybeans
4.2.1. Market estimates and forecasts, 2018-2030 (USD Million)
4.3. Peas
4.4.Wheat
4.5.Others
Chapter 5 Plant Meat Market: Product Forecast and Trend Analysis
5.1. Plant-based Meat Market: Product Trends Analysis, 2023 and 2030
5.2. Hamburger
5.2.1. Market Estimates and Forecast, 2018-2030 (USD Million)
5.3. Sausage
5.4.Patty
5.5. Nuggets, tenders, cutlets
5.6. Site
5.7.Others
Chapter 6 Plant Meat Market: Type Estimation and Trend Analysis
6.1. Plant-Based Meat Market: Type Trends Analysis, 2023 and 2030
6.2.Chicken
6.2.1. Market Estimates and Forecast, 2018-2030 (USD Million)
6.3.Pork
6.4.Beef
6.5.Fish
6.6.Others
Chapter 7 Plant-Based Meat Market: End User Estimates and Trend Analysis
7.1. Plant-Based Meat Market: End User Trends Analysis, 2023 and 2030
7.2.Retail
7.2.1. Market Estimates and Forecast, 2018-2030 (USD Million)
7.3.Horeca
Chapter 8 Plant Meat Market: Storage Estimation and Trend Analysis
8.1. Plant-Based Meat Market: Storage Trends Analysis, 2023 and 2030
8.2. Refrigeration
8.2.1. Market estimates and forecasts, 2018-2030 (USD Million)
8.3.Frozen
8.4.Can be stored at room temperature
Chapter 9 Plant-Based Meat Market: Regional Estimates and Trend Analysis
9.1. Regional Trend Analysis and Market Share, 2023 and 2030
9.2. Plant-based Meat Market: Regional Trends Analysis, 2023 and 2030
Chapter 10 Competitive Environment
10.1.Major global players, recent developments and impact on the industry
10.2. Classification of major companies/competitor (key innovators, market leaders, start-ups)
10.3. Vendor scenery
10.3.1. List of major distributors and CHANEL partners
10.3.2. Company market position analysis, 2023
10.3.3.Company ranking analysis, 2023
10.4.Public company
10.4.1.Competitor Dashboard Analysis
10.4.1.1. Market differentiators
10.4.1.2. Synergy analysis: major deals and strategic alliances
10.4.2. SWOT analysis of listed companies
10.5. private company
10.5.1. List of major startups/technology disruptors/innovators
10.5.2. Geographic presence
Chapter 11 Company Profile
11.1.Company Profile
11.2. Financial performance
11.3. Product Benchmarking
11.4. Strategic initiatives
For more information about this report, please visit https://www.researchandmarkets.com/r/39g82t.
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