The plant-based meat market has been experiencing significant growth in recent years as consumers become more health-conscious and environmentally aware. Plant-based meat products are made from alternative protein sources such as soy, wheat, and peas and are designed to mimic the taste, texture, and appearance of traditional meat products.

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The primary driver of the plant-based meat market is the growing demand for sustainable and healthy food options. The production of traditional meat products is resource-intensive, and meat consumption is associated with several health risks such as heart disease and cancer. Plant-based meat products provide a more sustainable and healthier alternative to traditional meat products. Additionally, the increasing number of consumers adopting a plant-based diet and the rise of flexitarianism, where individuals reduce their meat consumption, have contributed to the growth of the plant-based meat market.

Moreover, the development of new and innovative plant-based meat products has also driven the market’s growth. Advances in food technology have enabled manufacturers to create plant-based meat products that closely resemble the taste, texture, and appearance of traditional meat products, making them more appealing to consumers. Despite the growth of the plant-based meat market, the market is restrained by several factors, including the high cost of production, regulatory challenges, and competition from traditional meat products.

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The production of plant-based meat products requires specialized equipment and processes, making them more expensive to produce than traditional meat products. This higher cost is reflected in the price of plant-based meat products, which may deter some consumers from purchasing them. Furthermore, regulatory challenges such as labeling and marketing restrictions pose a challenge for manufacturers of plant-based meat products. The use of terms such as “meat” and “beef” to describe plant-based meat products has been the subject of legal disputes in several countries.

Lastly, traditional meat products remain a dominant force in the food industry, with well-established supply chains and distribution networks. The competition from traditional meat products can make it challenging for plant-based meat products to gain market share.

Major Market Players Profiled in the Plant-Based Meat Market Report include:

Alpha Foods, Amy’s Kitchen, Inc., Before The Butcher, Beyond Meat, Conagra, Inc., Gold&Green Foods Ltd., Hooray Foods, Impossible Foods Inc., Kellogg NA Co., Like Meat, Maple Leaf Foods, Marlow Foods Ltd., Nestlé , No Evil Foods, Planterra Foods , Sunfed, The Meatless Farm Co., Tofurky , Unilever, Vbites Foods Limited, amongst others.

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Our 420+ Pages Report titled, Plant-Based Meat Market will include extensive information on the following pointers:

  • Global market size and forecast values (2015 – 2030), in terms of revenue (US$ Million) and volume (Kilotons) by segments/sub-segments
  • Split of the market revenue (US$ Million) and Volume (Kilotons) into all the relevant segments & sub-segments across all major regions/countries.
  • Years Considered (2015 – 2030)
    • (Historic Years: 2015 – 2020
    • Base Year: 2021
    • Forecast Years: 2022 – 2030)
  • Market determinants and Influencing Factors
  • Market Dynamics (Drivers, Restraints, Opportunities and Trends)
  • Analysis on Impact of Covid-19 on Global Plant-Based Meat Market
  • Macro-Economic and Micro-Economic Indicators
  • Porter’s Five Forces Analysis
  • Regulatory Landscape
  • PESTEL Analysis
  • Competitive Benchmarking: Global Presence and Growth Strategies
    • (Mergers and Acquisitions
    • Product Launches
    • Investments Trends
    • R&D Initiatives)
  • Market Share Analysis, 2021
  • Detailed profiles of major market participants operating in the market, encompassing information pertaining to Company Details, Company Overview, Product Offerings, Key Developments, Financial Analysis, SWOT Analysis and Business Strategies
  • Region specific report, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America, can also be provided.
  • The reports can be provided in different languages including German, Korean, Arabic, Russian, French, Japanese, Spanish, Chinese and other languages.

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Global Plant-Based Meat Market:

By Source

  • Soy and Tofu
  • Peas
  • Beans and Lentils
  • Mushrooms
  • Mung Beans
  • Wheat Gluten
  • Coconut Oil
  • Quinoa
  • Others

By Products

  • Patties
  • Nuggets
  • Sausages
  • Meatballs
  • Others

By Meat Type

  • Plant-based Pork
  • Plant-based Beef
  • Plant-based Seafood
  • Plant-based Chicken
  • Others

By Type

  • Fresh
  • Semi-Processed
  • Ready to Eat

By Sales Channel

  • Online
  • Offline

By Geography:

  • North America [U.S., Canada, Mexico]
  • Europe [Germany, UK, France, Italy, Rest of Europe]
  • Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
  • South America [Brazil, Argentina, Rest of Latin America]
  • Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]

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