Plant Based Meat Products Market to Hit USD $ 14,527.55 Mn by 2028

Plant-based meat products include patties, meatballs, nuggets, sausages, and ground meat, among others. Plant-based meat products are free of unsaturated fat and have low calorific value, which makes them healthier than conventional meat products. Consumers are increasingly shifting to plant based meat products from animal meat products owing to the rising prevalence of obesity, diabetes, and other diseases.

In 2020, Europe held the largest share of the global plant based meat products market, and North America is estimated to register the fastest CAGR during the forecast period. According to the "Plant-Based Food Association," the retail sales of plant based foods in the US increased by 11% in 2019, compared to that in 2018, hitting the market value of US$ 4.5 billion. The high nutritional value of plant based meat products, such as sausages, meatballs, and nuggets, has triggered their demand in North America in the last few years, especially among young adults. Moreover, the plant based meat market is centered in this region due to the presence of start-ups such as Impossible Foods Inc. and Beyond Meat that pioneered the production of these products.

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Plant Based Meat Products market based on the deployment type and application. It also provides market size and forecast till 2028 for overall Plant Based Meat Products market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Plant Based Meat Products market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Plant Based Meat Products market segments and regions.

The research provides answers to the following key questions:

What is the estimated growth rate of the market for the forecast period 2022-2028? What will be the market size during the estimated period?

What are the key driving forces responsible for shaping the fate of the Plant Based Meat Products market during the forecast period?

Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Plant Based Meat Products market?

What are the prominent market trends influencing the development of the Plant Based Meat Products market across different regions?

What are the major threats and challenges likely to act as a barrier in the growth of the Plant Based Meat Products market?

What are the major opportunities the market leaders can rely on to gain success and profitability?

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Plant Based Meat Products Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

Table of content:

INTRODUCTION
KEY TAKEAWAYS
RESEARCH METHODOLOGY
PLANT BASED MEAT PRODUCTS MARKET LANDSCAPE
PLANT BASED MEAT PRODUCTS MARKET - KEY MARKET DYNAMICS
PLANT BASED MEAT PRODUCTS MARKET - GLOBAL MARKET ANALYSIS
PLANT BASED MEAT PRODUCTS MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
PLANT BASED MEAT PRODUCTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
INDUSTRY LANDSCAPE
PLANT BASED MEAT PRODUCTS MARKET, KEY COMPANY PROFILES
APPENDIX

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