The Global Plant-Based-Meat Market Report by The Business Research Company covers plant-based-meat market drivers and restraints, plant-based-meat market size, major players, and the impact of COVID-19 on the plant-based-meat market.
The plant-based meat market consists of sales of plant-based meat and related services. Plant-based meat is prepared from plants and is similar to the conventional meat in appearance and taste. It is available in the form of a burger patty, crumbles, nuggets, and sausages. The plant-based meat is produced using ingredients such as wheat gluten, lentils, yuba, tofu, soybeans, and a variety of nuts.
Increasing consumer awareness associated with the benefits of vegetarian diets is projected to contribute to the growth of the plant-based meat market.
The global plant-based-meat market is expected grow from $11.86 billion in 2020 to $13.28 billion in 2021 at a compound annual growth rate (CAGR) of 12%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $20.78 billion in 2025 at a CAGR of 12%.
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Some plant-based-meat market trends include the increasing launch of new innovative products that are made from plant-based meat.
Global plant-based-meat market segments include:
1) By Product Type: Burger Patties, Sausages, Strips, Nuggets, Meatballs, Others.
2) By Source: Soy, Wheat, Pea, Others.
3) By Distribution Channel: Grocery Stores, Food & Drinks Specialty Stores, Convenience Stores, Restaurants, Online Stores.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Plant-Based-Meat Global Market Report 2021: COVID 19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides plant-based-meat market overviews, analyzes and forecasts market size, share, plant-based-meat market players, plant-based-meat market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The plant-based-meat market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Plant-Based-Meat Global Market Report 2021: COVID 19 Growth And Change to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Amy’s Kitchen, The Vegetarian Butcher, Maple Leaf Foods, Beyond Meat, Impossible Foods, Greenleaf Foods, Hungry Planet, Next Level, Abbots Butcher, Atlantic Natural Foods, Don Lee Farms, Dr. Praeger’s, Gardein, Good Catch Fish, Kraft Heinz Foodservice, Monks Meats, MorningStar Farms, No Evil Foods, Ocean Hugger Foods, Quorn Foods, Sophie’s Kitchen, Sweet Earth, Tofurky, VBites, Yves Veggie Cuisine.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The plant-based-meat Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The plant-based-meat Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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