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Sample Global Plant Based Meat Market.pptx
- 1. Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Global Plant Based Meat Market :
Industry, Size, Share, Growth, Trends and
Forecast, 2019–2029
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A rich repository of syndicated
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Research Methodology
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of Data
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of data
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Dynamics
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and Analysis
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and statistics and figures
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their authenticity and
validity.
3.This stage involves the
validation of data and
arrival at actual statistics,
and evolution of the
market over the years. It
entails the study and
analyzes various segments
and Applications of the
market. An impact analysis
is also performed to
observe which factors will
affect the market in the
next few years.
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It involves a comprehensive assessment of major
market pain points, drivers, and trends.
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Source: Prophecy Market Insights
Research Objective
To predict the
size of the
market
To offer wide ranging market
statistics with a detailed
classification along with the
market size of each segment
To analyze key
strengths,
opportunities,
and strategies of
major
companies
To outline and forecast the
Governance, Risk Management and
Compliance (GRC) market in globally
based on segmentation and region
To study market
opportunities for
participants and
stakeholders by
identifying high
growth sectors in
the market
To provide comprehensive
information about factors that affect
market dynamics
To analyze several micro-market
indicators considering growth
factors, market prospects, and
strategic market contribution
To examine competitive scenarios
such as collaborations, mergers and
acquisitions, R&D activities, and
advanced developments
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Source: Prophecy Market Insights
Research Process
PROJECT
SCOPE
PROJECT
KICKOFF
PRELIMINARY
RESEARCH
MARKET
ANALYSIS &
SEGMENTATION
REPORT
SYNTHESIS
REPORT
DELIVERY
POST-SALE
SERVICE
- 7. Research Methodology
Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved 7
Source: Prophecy Market Insights
Global Market Size
Market/Revenue share of each key player in each
Type segment
Market/Revenue share of each key player in the
global market
Bottom-up Approach –
Collection of market related data and information
from primary and secondary sources, and data
analysis.
Primary Sources:
Demand Side Key Opinion Leaders
Supply Side Key Opinion Leaders
Secondary Sources:
Annual Reports
Financial Reports and Presentations
Press Releases
Research Journals
Paid Data Sources
Market/Revenue share split by each market segment
such as By Source Fracturing Fluids/Fracturing Fluids
sector/end user
Market/Revenue share split by each region and
country in the global market
Top-down Approach –
Market size and analysis validation through primary
and secondary research participants and key opinion
leaders.
Primary Sources:
Demand Side Key Opinion Leaders
Supply Side Key Opinion Leaders
Secondary Sources:
Annual Reports
Financial Reports and Presentations
Press Releases
Research Journals
Paid Data Sources
- 8. Research Methodology
Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved 8
Definition and Scope – Prophecy Market Insights provide the market definition to
understand the target Type/service and provide the market scope to understand
the report coverage after thoroughly understanding of target market and market
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Primary Research – We formulates a detailed discussion guide to perform primary
research. In primary research collection of data is performed through telephonic
interview, E-mail questionnaire’s, and in-depth discussion with industry experts,
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etc.
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Source: Prophecy Market Insights
- 9. Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved 9
Source: Prophecy Market Insights
Scope & Coverage
2019 2020 2021-2029
Base Year Estimated Year Forecast Years
The report considers 2019 as the base year. All calculations involving quantitative data are
based on 2019. The values represented in the report are actual values for 2019, whereas,
the values are estimated for the period 2020−2029.
- 10. Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved 10
Source: Prophecy Market Insights
Market Segmentation
Global Plant Based Meat Market
By Source By Storage
Refrigerated
Energy & Utilities
Shelf-stable
Soy
Pea
Wheat
Others
Burgers
Sausages
Patties
Nuggets, Tenders & Cutlets
Grounds
Others
By Product
Household
Horeca
End User
Chicken
Pork
Beef
Fish
Others
By Type
- 11. Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved 11
Source: Prophecy Market Insights
Market Segmentation
Global Plant Based Meat Market
By Distribution Channel By Region
North America
Latin America
Europe
Asia Pacific
Middle East and Africa
Supermarkets &
Hypermarkets
Convenience Stores
Specialty Stores
Online Stores
Others
- 12. Currency Conversion
Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved 12
Currency Conversion 2013-2018
The standard currency used throughout the report is USD ($). However, in the case of other currencies, the annual average currency rate
(January 1 to December 31) is used for conversion. These conversion rates are rounded to the nearest decimal place. The chart below
represents the standard conversion rates used in the report.
Currency Conversion 2013 2014 2015 2016 2017 2018
$/€ USD/EUR 0.7532 0.7535 0.8969 0.8988 0.8605 0.8566
$/£ USD/GBP 0.6395 0.6072 0.6526 0.7309 0.7607 0.7586
$/¥ USD/JPY 98.58 105.84 120.9 107.5269 113.8867 111.0019
$/₭ USD/SEK 6.5127 6.8587 8.404 8.9328 8.4135 8.8826
$/A$ USD/AUD 1.0362 1.1094 1.3112 1.343 1.3042 1.3578
$/¥ USD/RMB (CNY) 6.1905 6.1432 6.1606 6.61 6.6294 6.6675
- 13. Executive Summary (1/9)
13
Overview
Source: Prophecy Market Insights
Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Many other food joints are following suit and bringing plant based meat substitutes to their menus. Plant based burgers are made as
replacement of regular animal meat burger, using plant ingredients and natural sources without compromising the benefits, but
attempting to reduce the drawbacks.
As meats is gaining traction in the consumer circles owing to a number of reasons. Often soy or gluten-based, these are as rich in
protein as meant based variants. It is part of the staple diet; particularly in those countries that are have predominantly vegetarian
communities. A food made from non-meats or sometimes without any other animal products such as dairy products which act as a
meat substitute or meat alternative but has same amount of protein content is called plant based meat product.
Plant based meat products are currently processed through two basic methodology i.e. either by thermoplastic extrusion or fiber
spinning. Thermoplastic extrusion is most commonly used methodology to produce plant based meat products. It is considered to be
cost effective method of accommodating large scale productions.
On the other side, fiber spinning increases the cost of production which eliminates the advantage of creating an inexpensive plant
based meat products.
The global plant based meat market accounted for US$ 3.8 billion in 2019 and is anticipated to register a CAGR of 16.8%.
- 14. Executive Summary (3/9)
14
Table 2.1: Global Plant Based Meat Market Overview
Parameters 2019 (E) 2029 (F)
Global Plant Based Meat Market Value (US$ Bn) $3.8Bn $xxBn| CAGR: 16.8% |
By Source Segment with Largest Value (US$ Bn) Soy: XX Soy: XX
By Source Segment with Highest CAGR (%)-2019-2029 Pea based meat CAGR- XX%
By Product Segment with Largest Value (US$ Bn) Burgers: XX Burgers: XX
By Frequency with Highest CAGR (%)-2019-2029 Sausages: CAGR-XX%
By Type with Largest Value (US$ Bn) Chicken : XX Chicken : XX
By Type Segment with Highest CAGR (%)-2019-2029 CAGR- XX%
By Storage with Largest Value (US$ Bn) Frozen : XX Frozen : XX
By Storage Segment with Highest CAGR (%)-2019-2029 Refrigerated: CAGR- XX%
By End User with Largest Value (US$ Bn) HORECA : XX HORECA : XX
By End User Segment with Highest CAGR (%)-2019-2029 Household : CAGR- XX%
Source: Prophecy Market Insights
Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
To be Continued …
- 15. Executive Summary (4/9)
15
Table 2.2: Global Plant Based Meat Market Overview
Parameters 2019 (E) 2029 (F)
By Distribution Channel Segment with Largest Value (US$
Bn)
xx xx
By Distribution Channel Segment with Highest CAGR (%)-
2019-2029
xx
By Region with Largest Value (US$ Bn) North America : XX North America xx
By Region with Highest CAGR (%)-2019-2029 Asia-Pacific: CAGR- XX%
Key Market Players:
Beyond Meat
Impossible Foods Inc.
Maple Leaf Foods (Field Roast & Maple Leaf)
Vegetarian Butcher
Conagra, Inc. (Gardein Protein International)
Kellogg NA Co. (MorningStar Farms)
Quorn
Amy’s Kitchen, Inc.
Tofurky
Gold&Green Foods Ltd.
Sunfed Ltd.
VBites Foods Limited
S Kraft Foods, Inc.
Lightlife Foods, Inc.
Trader Joe's
Source: Prophecy Market Insights
Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
- 16. Executive Summary (5/9)
16
Description
Figure 2.1: Global Plant Based Meat Market Value Share (%), By Source –
2020 (E)
Analysis
Source: Prophecy Market Insights
48.2%
Soy Pea
Wheat Others
Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
The global plant based meat market accounted for US$ 3.8 billion
in 2019 and is anticipated to register a CAGR of 16.8%.
Growing consumer interest in plant-based diets, coupled with the
rising awareness about animal rights, is expected to drive the
market growth.
Soy-based meat led the market and accounted for more than
a 48.0% share of the global revenue in 2019.
Soy is a good source of Branch Amino Acids (BCAAs) and helps
build & strengthen muscle mass.
Soy-based meat products not only reduce the formulation
costs but also exhibit a lower carbon footprint as opposed to
conventional animal- and dairy-based food products.
- 17. Executive Summary (6/9)
29.0%
Burgers
Sausages
Patties
Nuggets, Tenders
& Cutlets
Grounds
Others
Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved 17
Figure 2.2: Global Portable
Analysis and Outcome
Source: Prophecy Market Insights
Figure 2.2: Global Plant Based Meat Market Value Share (%), By Product –
2020 (E)
Figure 2.4: Global Plant Based Meat Market Value Share (%), By Region – 2019
(E
Figure 2.3: Global Plant Based Meat Market Value Share (%), By Type -
2020(E)
38.0%
Chicken Pork
Beef Fish
Others
The plant-based burgers segment led the market and accounted for
more than a 29.0% share of the global revenue in 2019. Ingredients
in these burgers strive to imitate the aroma, flavor, and texture of
meat. Impossible Foods’ product, Impossible Burger, is made with a
genetically modified form, mimicking the natural heme-iron present
in an animal, which gives their burger a distinctive meaty flavor.
Kellogg NA Co., Quorn, Amy’s Kitchen, Inc., and Beyond Meat are
some of the companies offering distinguished plant-based burgers.
The plant-based chicken segment led the market and
accounted for more than 34.0% of the global revenue share
in 2019. Chicken is the prime ingredient in the traditional
meat industry in various products, such as nuggets, patties,
and cutlets, as it is loaded with animal fats, cholesterol, and
protein. The plant-based chicken products constitute about
the same amount of protein while the other nutrients tend to
vary.
- 18. Executive Summary (6/9)
Household
HORECA
Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved 18
Figure 2.2: Global Portable
Analysis and Outcome
Source: Prophecy Market Insights
Figure 2.4: Global Plant Based Meat Market Value Share (%), By End User –
2020 (E)
Figure 2.4: Global Plant Based Meat Market Value Share (%), By Region – 2019
(E
Figure 2.5: Global Plant Based Meat Market Value Share (%), By Distribution
Channel - 2020(E)
Supermarkets &
Hypermarkets
Convenience Stores
Specialty Stores
Online Stores
Others
Hotel/Restaurant/Café (HORECA) segment led the market and accounted for more than 57.0% of the global revenue share in 2019.
Many restaurants, fast food chains, and casual dining venues are dedicating a section of their menu solely to “meat-free” options due
to the rising popularity of vegan and flexitarian diets, which, in turn, is projected to drive the segment growth.
In terms of distribution, the global plant-based meat market was dominated by supermarkets and hypermarkets, which accounted for a
share of over 59% in 2019. Consumers will always prefer retail sales through these stores because of the presence of all types of
grocery products under one roof. In North America, Walmart, Whole Foods Market, Costco, and Kroger are the major retailers of plant-
based protein products. Retail supermarkets are increasingly incorporating vegan food and beverages, owing to the growing consumer
demand.
- 19. Executive Summary (6/9)
Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved 19
Figure 2.2: Global Portable
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Analysis and Outcome
Source: Prophecy Market Insights
Figure 2.6: Global Plant Based Meat Market Value Share (%), By Distribution
Channel – 2020 (E)
Figure 2.4: Global Plant Based Meat Market Value Share (%), By Region – 2019
(E
Europe accounted for the largest plant-based meat market
globally, accounting for over approx.
39% of the market revenue in 2019. One of the major
factors that are driving the demand for plant-based meat,
especially in the UK, is the rise of ethical and health-
conscious consumer segments.
This growth is partly led by the millennial generation and the
emergence of the ‘flexitarian’ consumer. Further, significant
media coverage of the impact of meat and dairy product
production on global warming and resource consumption on
greenhouse gases.
The growth of animal welfare rights groups has gained
significant traction and has caused a significant switch in
consumer preferences.
There are numerous reports on the potential link between
high consumption of processed or red meat and cancer,
which has led to the growth in the adoption of plant-based
diets.