Press release
U.S. Plant-based Meat Market Size to Reach Approximately $3 Billion by 2024 – Arizton
The US plant-based meat market size is expected to reach values of around $3 billion by 2024, growing at an impressive CAGR of over 24% during 2018–2024.The increasing focus on meat-free eating without missing out on the eating experience and nutrition of meat a possibility is fueling the demand in the U.S. plant-based meat market. Leading vendors such as Beyond Meat and Impossible Foods are creating products that can masquerade as the real thing and attract the maximum number of consumers in the US market. The growing concerns about better health, economic considerations, and environmental destruction that is caused by growing and feeding traditional meat are fueling the adoption of vegetarian substitutes.
The US plant-based meat market is driven by plant-based food manufacturers creating foods with profiles that match consumer context of a specific dish to facilitate trial. The introduction of products that are built similar to meat via price and the possibilities of offering a bigger repertoire of flavor profiles will help vendors attract a broader audience in the US market. The market research report provides in-depth market analysis and segmental analysis of the US plant-based meat market by products, storage, and channel.
The report considers the present scenario of the US plant-based meat market and its market dynamics for the period 2019−2024. It covers a detailed overview of several market growth enablers, restraints, and trends. The study includes both the demand and supply side of the market. It also profiles and analyzes leading companies and several other prominent companies operating in the market.
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US Plant-based Meat Market – Vendor Profiles
Major Vendors
• Beyond Meat
• Impossible Foods
• Greenleaf Foods
• Hungry Planet
• Next Level
Prominent Players
• 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
US Plant-based Meat Market – Segmentation
Market Segmentation by Product
• Beef
• Chicken
• Pork
• Seafood
• Other
Market Segmentation by Storage
• Frozen
• Refrigerated
• Shelf-stable
Market Segmentation by Channel
• Conventional
• Natural
• Specialty Gourmet
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US Plant-based Meat Market – Table of Contents
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of the study
4.4 Market Segments
4.4.1 Market Segmentation by Products
4.4.2 Market Segmentation by Storage
4.4.3 Market Segmentation by Channel
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market At a Glance
7 Introduction
7.1 US plant-based meat market Overview
7.2 The State Of The Us Economy
7.3 The Customer Paradigm
7.3.1 Generation Z
7.3.2 Millennials
7.3.3 Baby Boomers
7.4 How The Us Is Eating
7.4.1 Eating Patterns
7.4.2 Food Attributes
7.5 Plant-Based Meat Overview
7.5.1 Plant-based Technology
8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 The Growth of Health Forward and Cost-conscious Consumers
8.1.2 Concerned Citizens Look to Reduce Environmental Ruins
8.1.3 The Rise of Progressive Protein Choices
8.1.4 Development of New Eating Patterns
8.2 Market Growth Restraints
8.2.1 Stiff Competition from Lab-Grown or "Clean" Meat
8.2.2 Psychological and Cultural Barriers
8.2.3 Fight against Fake Meat
8.3 Market Opportunities and Trends
8.3.1 Plant-based Meat is Massively Validated
8.3.2 Wellness Trend Fuels Demand for All Things Plant
8.3.3 Snack-Worthy Faux Meat Gains Traction
8.3.4 Science Gets Leg Up
9 US Plant-Based Meat Market
9.1 Market Size & Forecast
9.2 Five Forces Analysis
9.2.1 Threat of New Entrants
9.2.2 Bargaining Power of Suppliers
9.2.3 Bargaining Power of Buyers
9.2.4 Threat of Substitutes
9.2.5 Competitive Rivalry
10 US Plant-Based Meat Market by Storage
10.1 Market Snapshot & Growth Engine
10.2 Market Overview
10.3 Frozen Plant-Based Meat
10.3.1 Market Size & Forecast
10.4 Refrigerated Plant-Based Meat
10.4.1 Market Size & Forecast
10.5 Shelf-Stable Plant-Based Meat
10.5.1 Market Size & Forecast
11 US Plant-Based Meat Market by Product
11.1 Market Snapshot & Growth Engine
11.2 Market Overview
11.3 Beef
11.3.1 Market Size & Forecast
11.4 Chicken
11.4.1 Market Size & Forecast
11.5 Pork
11.5.1 Market Size & Forecast
11.6 Seafood
11.6.1 Market Size & Forecast
11.7 Others
11.7.1 Market Size & Forecast
12 US Plant-Based Meat Market by Channel
12.1 Market Snapshot & Growth Engine
12.2 Conventional Channel
12.2.1 Market Size & Forecast
12.3 Natural Channel
12.3.1 Market Size & Forecast
12.4 Specialty Gourmet Channel
12.4.1 Market Size & Forecast
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About Arizton Advisory & Intelligence
Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize fool proof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Arizton Advisory & Intelligence
Chicago, Illinois, 60605
Mail: enquiry@arizton.com
Call: +1-312-235-2040/+1 302 469 0707
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