Press release
Plant Based Meat Market Share, Industry Size, Growth, Analysis and Forecast - 2021 to 2027
Plant Based Meat Market is estimated to account for a value of USD 12.1 billion in 2019 and is projected to grow at a CAGR of 15% from 2019, to reach a value of USD 27.9 billion by 2027.Vegetable meat products are meat substitutes derived from plant sources such as beans, wheat and peas. It mimics the characteristics of animal meat in terms of taste and texture. Some of the most commonly available and popular plant-based meat products on the market include nuggets, sausages, meatballs and burger patties. The main purpose of the vegetable meat concept is to reduce animal meat consumption, especially due to health concerns and associated environmental issues.
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Key Market Players
The key players in the global plant-based meat market include Impossible Foods (US), Beyond Meat (US), Garden Protein International (US), Morningstar Farms (US), Quorn Foods (UK), Amy’s Kitchen (US), Maple Leaf Foods (Canada), the Vegetarian Butcher (Netherlands), Tofurky (US), Gold&Green Foods (US), Sunfed (New Zealand), and VBites (UK). Beyond Meat (US) and Impossible Foods (US) are the top two players in the market
On the basis of Source, the market has been segmented as follows:
• Soy
• Wheat
• Pea
• Others (Quinoa, oats, beans, nuts, and seeds)
On the basis of Type, the market has been segmented as follows:
• Pork
• Beef
• Chicken
• Fish
• Others (Lamb and turkey)
On the basis of Product, the market has been segmented as follows
• Burger patties
• Sausages
• Strips & nuggets
• Meatballs
• Others (slices, fillets, cutlets, slides, fingers, and crumbles)
A full report of Global Plant Based Meat Market is available at: https://www.orionmarketreports.com/plant-based-meat-market/28474/
Scope of the Report
The research study analyzes the global Plant Based Meat industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Plant Based Meat Market Report
1. What was the Plant Based Meat Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of Plant Based Meat Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Plant Based Meat Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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