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Plant-based Meat Market Trends, Drivers and Impact Analysis 2031
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The availability of soybeans, the main raw material, is steadily being depleted as demand for tempeh and other plant-based meat products grows. As a result, producers are using local ingredients like lupines to create plant-based goods like tempeh. Lupine tempeh and other multigrain tempeh that includes lupines are becoming more prevalent on store shelves. The improvements in the lupine business are particularly important to the major processors. Lupines have been successfully sold for the production of tempeh in a number of nations.
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Companies Covered in This Report - Plant-based Meat Market
Pinnacle Foods, Inc.
Amy's Kitchen Inc.
Atlantic Natural Foods, LLC
Impossible Foods Inc.
The Hain Celestial Group, Inc.
Beyond Meat Inc.
Pacific Foods of Oregon, Inc.
Monde Nissin Corporation
Kellogg Company
Fry Group Foods (Pty) Ltd.
Nutrisoy Pty Ltd
Nasoya Foods, Inc.
Hügli Holding AG
Sweet Earth, Inc.
VBites Food ltd.
The Kraft Heinz Company
Schouten Europe B.V.
Turtle Island Foods, Inc.
Lightlife Foods Inc.
Taifun-Tofu GmbH
Global Plant-based Meat Market: Regional Analysis
On the basis of region, the APAC region accounts for a higher value share in the global plant-based meat market in terms of value sales, due to the ever-rising consumption rate of plant-based meat products in the region. China has been a dominant region for the plant-based meat market in terms of consumption and production.
Due to a rise in the concerns regarding obesity and consumers' adoption for healthy lifestyle in North America, the region is expected to post comparatively higher growth, with a CAGR of 8.9% over the forecast period for plant-based meat products.
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Global Plant-based Meat Market - Segmentations
Plant-based Meat Market By Product Type : Tofu, Tempeh, Seitan, RTC/RTE, Natto
Plant-based Meat Market By Source : Soy-based Meat Alternatives, Wheat-based Meat Alternatives, Mycoprotein Meat Alternatives, Other Sources of Meat Alternatives
Plant-based Meat Market By End Use : Retail, Industrial
Plant-based Meat Market By Distribution Channel : Business to Business, Business to Consumer, Modern Groceries, Convenience Stores, Food & Drink Specialty Stores, Traditional Stores, Online Retail
Plant-based Meat Market By Region : North America, Latin America, Europe, Asia-Pacific, Middle East and Africa
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About Food & Beverage Division at Persistence Market Research
The Food & Beverage team at Persistence Market Research provides all the necessary insights and consulting analysis to fulfil the unique business intelligence needs of clients worldwide. With a catalogue of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.
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