Press release
Plant-Based Meat Market is set to experience a significant growth rate | Marchesini Group S.p.A, Seiko Epson Corporation, Denso Wave, Inc.
Plant-Based Meat Market Size, Share & Trends Analysis - Global Opportunity Analysis And Industry Forecast 2030 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider Plant-Based Meat market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Plant-Based Meat market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). - In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact AnalysisDownload Free Sample Copy of 'Plant-Based Meat market' Report @
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The global plant-based meat market size was US$ 4.9 billion in 2021. The global plant-based meat market is forecast to grow to US$ 22.9 billion by 2030 by registering a compound annual growth rate (CAGR) of 20.1% during the forecast period from 2022 to 2030.
Factors Influencing the Market
The global plant-based meat market is likely to be driven by rising consumer interest in plant-based diets, as well as increased awareness of animal rights through various animal welfare organizations.
Plant-based meat is increasingly becoming a part of a vegan diet, in which people live a vegetarian lifestyle free of animal products. Thus, the growing trend of vegan food will drive the demand for plant-based meat during the analysis period.
Soy consists of all of the needed amino acids required for human growth and development. Soy's capacity to improve the final product's water absorption, solubility, emulsification, viscosity, anti-oxidation, and texture is expected to increase demand for plant-based meat products in the future years.
The exponential expansion of chilled plant-based meat is expected to continue due to the growing population globally.
COVID-19 Impact Analysis
The food industry underwent substantial changes during the COVID-19 pandemic, including disruptions in crucial input sources, limited access to production areas, and product distribution disruptions. Despite these limitations, plant-based businesses have been able to adapt and continue to develop due to new products and other innovative strategies.
Consumers have been encouraged to order goods online as a result of the COVID-19 epidemic, which resulted in lockdowns. As a result, wholesalers shifted their focus to online retailing channels. Growth in consumer awareness regarding the health benefits of veganism has resulted in sudden increase in demand for plant-based meat in the United States. The demand for high fiber, vitamin C, and iron, rich vegan food is also growing significantly. As a result, it will offer lucrative growth opportunities for the plant-based meat market during the study period.
Regional Analysis
North America is forecast to hold the highest share in the plant-based meat market. The growth of the market is attributed to the growing consumer awareness regarding the risks associated with the consumption of contaminated meat goods, along with the increasing consumption of meatless meat products. Recognizing the potential scope of plant-based meat, fast food chains are also taking crucial steps to cater to the demands. For instance, Starbucks added a plant-based sausage-made sandwich to its breakfast menu in most of its locations in the U.S. in 2020. Thus, such initiatives are expected to bring untapped growth opportunities for the plant-based meat market.
Competitors in the Market
• Beyond Meat
• Impossible Foods Inc.
• Maple Leaf Foods (Field Roast & Maple Leaf)
• Vegetarian Butcher
• Conagra, Inc. (Gardein Protein International)
• Kellogg NA Co. (MorningStar Farms)
• Quorn
• Amy's Kitchen, Inc.
• Tofurky
• Gold&Green Foods Ltd.
• Sunfed
• VBites Foods Limited
• Kraft Foods, Inc.
• Lightlife Foods, Inc
• Trader Joe's
• Yves Veggie Cuisine (The Hain-Celestial Canada, ULC)
• Marlow Foods Ltd. (Cauldron)
• Ojah B.V.
• Moving Mountains
• Eat JUST Inc.
• LikeMeat GmbH
• GoodDot
• OmniFoods
• No Evil Foods
• Dr. Praeger's Sensible Foods
• Other Prominent Players
Market Segmentation
The global plant-based meat market segmentation focuses on Source, Product Type, End-Users, Storage, and Region.
Source Outlook
• Soy
• Pea
• Wheat
• Others
Product Outlook
• Burgers
• Sausages
• Patties
• Nuggets, Tenders & Cutlets
• Grounds
• Others
Type Outlook
• Chicken
• Pork
• Beef
• Fish
• Others
End-user Outlook
• Retail
• HORECA (Hotel/Restaurant/Café)
• Storage Outlook
• Refrigerated Plant-based Meat
• Frozen Plant-based Meat
• Shelf-stable Plant-based Meat
COVID-19 - Next Thoughts: In this piece, we have shared key data and numbers that shine a spotlight on the current scale of the crisis and the economic fallout. A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.
Study Explore :
• Market Behavior/ Level of Risk and Opportunity
• End Industry Behavior/ Opportunity Assessment
• Expected Industry Recovery Timeline
For more information or any query mail at sales@reportocean.com
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of
The Following Aspects:
Informational Takeaways from the Market Study: The report includes the completely examined and evaluated data of the noticeable companies and their situation in the market considering impact of Coronavirus. The measured tools including SWOT analysis, Porter's five powers analysis, and assumption return debt were utilized while separating the improvement of the key players performing in the market.
Key Development's in the Market: This report fuses the major developments of the market that contains confirmations, composed endeavors, R&D, new thing dispatch, joint endeavours, and relationship of driving members working in the market.
(Check Our Exclusive Offer: 30% to 40% Discount)
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The study objectives of this report are:
Important Features that are under offering & key highlights of the report:
- Detailed overview of market
- Changing market dynamics of the industry
- In-depth market segmentation by Type, Application etc
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance
- Market players information to sustain and enhance their footprint
The Study Explore COVID 19 Outbreak Impact Analysis
• What should be entry strategies, countermeasures to economic impact, and marketing channels?
• What are market dynamics?
• What are challenges and opportunities?
• What is economic impact on market?
• What is current market status? What's market competition in this industry, both company, and country wise? What's market analysis by taking applications and types in consideration?
Ask Our Expert for Complete Report@:
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Key Points Covered in Plant-Based Meat Market Report:
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Plant-Based Meat market, Applications, Market Segment by Regions North America, Europe or Asia;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer's, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Plant-Based Meat Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
……..and view more in complete table of Contents
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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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