Global Plant Based Meat Market Analysis

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Global Plant Based Meat Market Analysis

  • Food & Beverage
  • Upcoming Report
  • Nov 2024
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

The plant-based meat market is experiencing rapid growth, driven by advancements in technology and methods for creating meat alternatives. Recent innovations include extrusion technology, which enhances texture and flavor, making products more palatable. Companies such as Beyond Meat and Impossible Foods are using advanced food science techniques such as hemo-protein integration, which mimics the taste and juiciness of animal meat.

Moreover, 3D printing is emerging as a novel method, allowing for customizable shapes and textures, enhancing consumer appeal. This technology not only improves production efficiency but also caters to diverse dietary preferences. The market is bolstered by a growing awareness of health, environmental concerns, and animal welfare, prompting consumers to shift toward plant-based diets. Retailers are increasingly expanding their plant-based product lines, and partnerships between food manufacturers and tech companies are paving the way for innovative solutions, further driving market growth.

Frequently Asked Questions

The market is segmented based on Global Plant-Based Meat Market Segmentation, By Source (Soy, Wheat, Pea, Mycoprotein, Gluten, and Others),  Type (Pork, Beef, Chicken, Fish, Tofu, Tempeh, Quorn, Mushroom, Seitan, RTC/RTE, Natto, and Others), Product Type (Burger Patties, Sausages, Strips and Nuggets, Meatballs, Tenders and cutlets, Grounds, and Others), Process (Grinding, Mixing, Blending, Forming/Shaping, Freezing Systems, and Storage), Distribution Channel (Online platforms and Offline platforms), Storage (Refrigerated plant-based meat, Frozen peas based meat, and Shelf stable plant-based meat), End User (Households, Food Industry, and HORECA) – Industry Trends and Forecast to 2031 .
The Global Plant Based Meat Market size was valued at USD 11.27 USD Million in 2023.
The Global Plant Based Meat Market is projected to grow at a CAGR of 12.74% during the forecast period of 2024 to 2031.
The major players operating in the market include Beyond Meat, Impossible Foods, Maple Leaf Foods, Unilever, Conagra Brands, Kellogg Co, Tofurky, Valio Oy, Sunfed, VBites Foods Ltd, The Kraft Heinz Company, Yves Veggie Cuisine, Ojah B.V, Moving Mountains Foods, Eat Just, LIVEKINDLY Collective, Gooddot, No Evil Foods.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.