Plant-Based Meat Market 2030 Report: Tracking Trends and Growth Status

Global Plant-Based Meat Market was valued at USD 17.80 Billion in 2022 and is expected to reach USD 52.22 Billion by the year 2030, at a CAGR of 14.4%.

Plants used to make plant-based meat substitutes closely resemble meat in terms of flavor, texture, aroma, and appearance. For example, soy protein is used to make plant-based beef, which has a flavor identical to beef. Soy proteins are made with genetically engineered yeast, which gives them a flavor and texture similar to beef. Furthermore, faux meats are claimed to have less fat than animal proteins and to be higher in calcium and protein. This is important since it offers a healthier alternative with the same flavor and texture for those with excessive cholesterol or heart disease. But eating animal meat often can lead to a rise in conditions including type-2 diabetes, heart disease, and obesity. Plant-based components are rich in antioxidants, vitamins, and minerals.

Players Covered in Plant-based Meat Market are:

Alpha Foods (US), Beyond Meat (US), Impossible Foods Inc. (US), Hooray Foods (US), Maple Leaf Foods (Canada), The Vegetarian Butcher (Netherlands), Before the Butcher (US), Gardein Protein International (Canada), Yves Veggie Cuisine (Canada), Morningstar Farms (US), Quorn Foods (US), Amy's Kitchen (US), No Evil Foods (US), Tofurky (US), Gold&Green Foods Ltd. (Finland), VBites Food Limited (UK), Sunfed (New Zealand), Planterra Foods (US), Like Meat (Germany), The Meatless Farm Co. (England) and Other major players.

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Our Plant-Based Meat market report undergoes detailed research of the entire industry, ensuring precision and reliability. We establish a strong foundation by drawing upon an extensive array of primary and secondary sources.

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Segmentation Analysis of Plant-Based Meat Market:

By Source  

• Soy
• Wheat
• Pea
• Other

By Type     

• Chicken
• Pork
• Beef
• Fish
• Other

By Product

• Burger Patties
• Sausages
• Strips & Nuggets
• Meatballs
• Other

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Regional Analysis of Plant-Based Meat Market:

North America region is expected to dominate the plant-based meat market during the forecast period. The expansion of the regional market is credited to the rising application of meatless meat foodstuffs, together with the growing wakefulness of the clients regarding the probable possibility of consuming unhygienic meat provisions. In addition, the region is the hub for the plant-based meat market, as the presence of major key players such as Alpha Foods (US), Beyond Meat (US), Impossible Foods Inc. (US), Hooray Foods (US), Maple Leaf Foods (Canada), which initiated the growth of plant-based meat products.

European plant-based meat market demand, led by UK, Germany, and France owing to the consumer awareness regarding health. In addition, strict regulations on animal welfare attended with consumer outlook on vegan & vegetarian product substitutes should hasten regional plant-based meat market share.

By Region

• North America (US, Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

Report includes Competitor's Landscape:

• Major trends and growth projections by region and country
• Key winning strategies followed by the competitors
• Who are the key competitors in this industry?
• What shall be the potential of this industry over the forecast tenure?
• What are the factors propelling the demand for the Action Figures And Statues?
• What are the opportunities that shall aid in significant proliferation of the market growth?
• What are the regional and country wise regulations that shall either hamper or boost the demand for Action Figures And Statues?
• How has the covid-19 impacted the growth of the market?
• Has the supply chain disruption caused changes in the entire value chain?

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