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Plant-Based Meat Market to See Huge Growth by 2030 at a CAGR of 15.3% with Beyond Meat, Impossible Food Inc., Maple Leaf Foods, Archer Daniels Midland Company

06-10-2020 06:07 AM CET | Health & Medicine

Press release from: Market Industry Reports

Market Industry Reports (MIR) has published a new report titled “Plant-Based Meat Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global plant-based meat market is estimated to be over US$ 2,384.56 million in 2019. It is anticipated to grow at a CAGR of 15.3% from 2019 to 2030.

The growth of the plant-based meat market can be attributed to several factors such as growing preference for the vegan diet, increasing M&A activities in the plant-based alternatives sector and several government initiatives along with significant investments. Moreover, the growing awareness about the health benefits of plant-based meat substitutes is anticipated to further contribute to substantial market growth during the forecast period. To obtain better insights into the market scenario, prominent players are increasingly focusing on innovative product launches and collaborations. For instance, in September 2019, Beyond Meat, a producer of plant-based meat substitutes is collaborating with McDonalds for a plant-based burger trial.

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Top Players Plant-Based Meat Market:
Beyond Meat, Impossible Food Inc., Maple Leaf Foods, Archer Daniels Midland Company, The Vegetarian Butcher, Gardein (Conagra Brands, Inc.), MorningStar Farms (Kellogg NA Co.), Quorn, Amy's Kitchen, Inc., and Tofurky, among others.

Industry Insights:

The industrial research report on ‘Plant-Based Meat Market’ offers in depth analysis on the crucial factors like market share, size, growth factors, drivers, and challenges. The report delivers actionable insights on these factors to help the business players, manufacturers, and marketing executives to plan operational strategies for the forecast period 2020 - 2030. Market Industry Reports also studies the market from 360 degree perspective to offer other impactful factors, such as restraints, ongoing trends, market strengths and weaknesses, and the external factors like government regulations.

In addition to these factors, the report also delivers details on the impact of the ongoing pandemic of COVID-19 on the market. Experts have studied different segments of the industry to offer the crucial impacting domains like production, supply and delivery, technological improvements, change in consumer demand, pricing factors, and others. This also includes the influence on the overall healthcare industry, on the global scale. Thorough analysis on the COVID affected market is also well-explained by the researchers that highlights key opportunities and threats for the business owners and producers after the end of pandemic.

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Major Types of Plant-Based Meat covered are:
Beef, and

Major Source of Plant-Based Meat covered are:

Market Segmentation:

The report is further divided into key categories including product type, applications, end users, and geography. These categories are further divided into sub-segments to offer clearer picture of the market to the readers. Every segment is well-studied and examined by the researchers to offer impactful information to the buyers, manufacturers, and the industry vendors, which will assist them in understanding the consumers’ demand more accurately, planning key policies for future, and growth strategies for near future.

Region-wise Analysis:

Experts have divided the Plant-Based Meat Market in key regions including North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Geographic information also includes factors like demographic details, list of industry players in the regions, highly demanded products, key application segments, and details on consumers buying behavior. Demographic information like income, gender, age, and family is offered that will help the manufacturers to plan their production accordingly without compromising on wastage and considering optimal use of resources.

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This Plant-Based Meat market report holds answers to some important questions like:

1. What is the size of occupied by the prominent leaders for the forecast period, 2020 - 2030? What will be the share and the growth rate of the Plant-Based Meat market during the forecast period?
2. What are the future prospects for the Plant-Based Meat industry in the coming years?
Which trends are likely to contribute to the development rate of the industry during the forecast period, 2020 - 2030?
3. What are the future prospects of the Plant-Based Meat industry for the forecast period, 2020 to 2030?
4. Which countries are expected to grow at the fastest rate?
5. Which factors have attributed to an increased sale worldwide?
6. What is the present status of competitive development?

Table of Content

1 Introduction of Plant-Based Meat Market
1.1 Industry Overview
1.2 Scope of the Report
1.3 Assumptions

2 Executive Summary

3 Research Framework by Market Industry Reports
3.1 Data Mining
3.2 Data Validation
3.3 Primary Interviews
3.4 Data Sources List

4 Plant-Based Meat Market Overview
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Limitations
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis

5 Plant-Based Meat Market, By Product Type
Overview of Plant-Based Meat Market

6 Plant-Based Meat Market, By Application
Overview of Plant-Based Meat Market

7 Plant-Based Meat Market, By End User
Overview of Plant-Based Meat Market

8 Plant-Based Meat Market, By Geography
8.1 North America
8.2 Europe
8.3 Asia -Pacific
8.4 Latin America
8.5 Middle East and Africanters

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About Market Industry Reports:

Market Industry Reports is a global leader in market measurement & advisory services, Market Industry Reports is at the forefront of innovation to address the worldwide industry trends and opportunities. We identified the caliber of market dynamics & hence we excel in the areas of innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research.

Contact Us:
Phone: + 91 8956767535

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