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%.
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Plant-Based Meat Market.pdf
1. GLOBAL PLANT-BASED MEAT MARKET RESEARCH
REPORT, 2023-2030
Market Value:
• 2022 = USD 17.80 Billion
• 2030 = USD 52.22 Billion
• CAGR = 14.4 %
Date Published: January 2024
Publisher: Introspective Market Research
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Annual Market Size and Forecast
Technological Roadmap & Regulatory Landscape
Analysis on type and applications
Industry Value Chain Analysis
Analysis on Major Trends
Key strategies by Top Market Players
Market Share Analysis 2022
REPORT OUTCOMES
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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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Segmentation Analysis of Plant-Based Meat Market:
By Source
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• 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
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• 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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Table Of Content: -
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
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Chapter 3:Growth Opportunities By Segment
3.1 By Source
3.2 By Type
3.3 By Product
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Plant-Based Meat Market by Source
5.1 Plant-Based Meat Market Overview Snapshot and Growth Engine
5.2 Plant-Based Meat Market Overview
5.3 Soy
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Soy: Grographic Segmentation
5.4 Wheat
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Wheat: Grographic Segmentation
5.5 Pea
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Pea: Grographic Segmentation
5.6 Other
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5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2016-2028F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Other: Grographic Segmentation
Chapter 6: Plant-Based Meat Market by Type
6.1 Plant-Based Meat Market Overview Snapshot and Growth Engine
6.2 Plant-Based Meat Market Overview
6.3 Chicken
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Chicken: Grographic Segmentation
6.4 Pork
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Pork: Grographic Segmentation
6.5 Beef
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Beef: Grographic Segmentation
6.6 Fish
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size (2016-2028F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Fish: Grographic Segmentation
6.7 Other
6.7.1 Introduction and Market Overview
6.7.2 Historic and Forecasted Market Size (2016-2028F)
6.7.3 Key Market Trends, Growth Factors and Opportunities
6.7.4 Other: Grographic Segmentation
Chapter 7: Plant-Based Meat Market by Product
7.1 Plant-Based Meat Market Overview Snapshot and Growth Engine
7.2 Plant-Based Meat Market Overview
7.3 Burger Patties
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size (2016-2028F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Burger Patties: Grographic Segmentation
7.4 Sausages
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size (2016-2028F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Sausages: Grographic Segmentation
7.5 Strips & Nuggets
7.5.1 Introduction and Market Overview
7.5.2 Historic and Forecasted Market Size (2016-2028F)
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7.5.3 Key Market Trends, Growth Factors and Opportunities
7.5.4 Strips & Nuggets: Grographic Segmentation
7.6 Meatballs
7.6.1 Introduction and Market Overview
7.6.2 Historic and Forecasted Market Size (2016-2028F)
7.6.3 Key Market Trends, Growth Factors and Opportunities
7.6.4 Meatballs: Grographic Segmentation
7.7 Other
7.7.1 Introduction and Market Overview
7.7.2 Historic and Forecasted Market Size (2016-2028F)
7.7.3 Key Market Trends, Growth Factors and Opportunities
7.7.4 Other: Grographic Segmentation
Chapter 8: Company Profiles and Competitive Analysis
8.1 Competitive Landscape
8.1.1 Competitive Positioning
8.1.2 Plant-Based Meat Sales and Market Share By Players
8.1.3 Industry BCG Matrix
8.1.4 Ansoff Matrix
8.1.5 Plant-Based Meat Industry Concentration Ratio (CR5 and HHI)
8.1.6 Top 5 Plant-Based Meat Players Market Share
8.1.7 Mergers and Acquisitions
8.1.8 Business Strategies By Top Players
8.2 ALPHA FOODS
8.2.1 Company Overview
8.2.2 Key Executives
8.2.3 Company Snapshot
8.2.4 Operating Business Segments
8.2.5 Product Portfolio
8.2.6 Business Performance
8.2.7 Key Strategic Moves and Recent Developments
8.2.8 SWOT Analysis
8.3 BEYOND MEAT
8.4 IMPOSSIBLE FOODS INC.
8.5 HOORAY FOODS
8.6 MAPLE LEAF FOODS
8.7 THE VEGETARIAN BUTCHER
8.8 BEFORE THE BUTCHER
8.9 GARDEIN PROTEIN INTERNATIONAL
8.10 YVES VEGGIE CUISINE
8.11 MORNINGSTAR FARMS
8.12 QUORN FOODS
8.13 AMY'S KITCHEN
8.14 NO EVIL FOODS
8.15 TOFURKY
8.16 GOLD&GREEN FOODS LTD.
8.17 VBITES FOOD LIMITED
8.18 SUNFED
8.19 PLANTERRA FOODS
8.20 LIKE MEAT
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Terms of Use:
This research study involved the extensive usage of both primary and secondary data
sources. The research process involved the study of various factors affecting the
industry, including the government policy, market environment, competitive
landscape, historical data, present trends in the market, technological innovation,
upcoming technologies and the technical progress in related industry, and market
risks, opportunities, market barriers and challenges. The following illustrative figure
shows the market research methodology applied in this report.
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Top-down and bottom-up approaches are used to validate the global market size
market and estimate the market size for Company, regions segments, product
segments and Application (end users).