Press release
Plant-Based Meat Market Expected to Increase Highest Revenue by 2027 with Key Vendors: Amy's Kitchen, Beyond Meat, Gold and Green Foods Ltd., Impossible Food Inc. and Maple Leaf Foods
The Plant-Based Meat Market to 2027 Plant-Based Meat sheds light on the existing industry landscape and puts forward crucial market drivers and opportunities in the coming years. The Plant-Based Meat market is anticipated to witness decent growth in the coming years. The report offers an extensive pool of market data covering market sizes, revenue forecasts, value chain, product trends, and price trends that serve as a blueprint for businesses.The global food and beverage sector has experienced significant growth over the past few years, with robust developments and innovations in the industry. Consumer preferences and demands have drastically changed owing to improved focus on dietary habits and the incorporation of super foods. On the other hand, processed, ultra-processed, and frozen foods are also witnessing high demand due to modern lifestyles. Besides, manufacturers are now looking at creating differentiated and customized food products, which further escalates the growth of the food & beverage industry.
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There has been a rising demand for plant-based meat products all over the globe due to the growing population being inclined to turning vegan. The health benefits associated with the plant-based meat products and the nutritional values associated with it is another reason for the global rise and expansion of the plant-based meat products. Switching from meat to plant-based meat has a lot of advantages like the rise in the protein, vitamins and fiber intakes among the people.
The plant-based meat market is anticipated to grow in the forecast period owing to the growing vegan and flexitarian population across the world, coupled with the rising awareness about the health benefits of plant-based meat over animal meat. However, the population allergic to plant-based meat sources like wheat and soy restrict the growth of the plant-based meat market. On the other hand, the favorable marketing and correct positioning of plant-based meat are likely to showcase growth opportunities for the plant-based meat market during the forecast period.
The Plant-Based Meat market is segmented based on Products (Burger Patties, Sausages, Strips and Nuggets, Meatballs, Others); Types (Pork, Beef, Chicken, Fish, Others); Sources (Soy, Wheat, Pea, Others); Processes (Grinding, Mixing, Blending, Forming/Shaping, Freezing Systems, Storage); Distribution Channels (Speciality Stores, Hypermarkets/Supermarkets, Convenience Stores, Others); End Users (Food Industry, Hotel/Restaurant/Cafe, Households). The report features exhaustive PEST analysis for five major regions, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South and Central America (S&CAM). The report covers forecasts of 18 major countries along with existing trends and opportunities within these regions.
Leading companies profiled in the report include Amy's Kitchen, Beyond Meat, Gold and Green Foods Ltd., Impossible Food Inc., Maple Leaf Foods, Morningstar Farms, Quorn Foods, The Vegetarian Butcher, Tofurky and VBites Foods Limited The report highlights key growth strategies adopted by these players of the Plant-Based Meat industry, including details such as financial overview, product/ services offered, notable developments, and SWOT analysis.
The global plant-based meat market is segmented on the basis of products, type, sources, processes, distribution channel and end-users. Based on product, the market is segmented as burger patties, sausages, strips and nuggets, meatballs and others. On the basis of the type, the market is segmented as pork, beef, chicken, fish and others. On the basis of sources, the market is segmented as soy, wheat, pea and others. on the basis of processes, the market is segmented as grinding, mixing, blending, forming/shaping, freezing systems and storage. On the basis of distribution channel, the market is segmented as speciality stores, hypermarket/supermarkets, convenience stores and others. on the basis of end-users the market is segmented as food industry, hotels/restaurants/cafes and households.
The report answers the following key aspects:
• Plant-Based Meat Market size and growth rate in the forecast period.
• Existing market trends.
• Factors driving Plant-Based Meat market growth.
• Future opportunities in the Global Plant-Based Meat Market.
• Market initiatives by the leading vendors.
• PEST analysis across five major regions.
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The Insight Partners is a one-stop industry research provider of actionable intelligence. We help clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Food and Beverages, Pharmaceuticals, Chemicals and Materials, Automotive and Transportation, Aerospace and Defense, Electronics and Semiconductors, Technology, Media, and telecommunication, Manufacturing and Construction.
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