List of Largest Plant-Based Meat Companies in the Worldwide 2024 | IMARC Group

Plant-Based Meat Market Overview:

The term plant-based meat refers to products that are derived from plants and are designed to look, taste, and feel like actual meat using alternatives. This category is prepared from a mix of sources such as soy, peas, wheat, and other legumes, with the protein intended to improve the structure being plant-based. The primary products in this group are burgers, sausages, nuggets, and ground meat, designed to respond to the growing demand for vegetarian and vegan alternatives. The most significant strength of plant-based meats is the capacity to provide people with a meat-eating experience without the concerns connected to traditional animal farming. These alternatives do not have the majority of the issues connected with conventional animal farming and are associated with a significantly lower environmental footprint in terms of water consumption and greenhouse gas emissions. Furthermore, they also tend to have additional fibers, since there is also no cholesterol intake, allowing them to position themselves as a heart-healthy option to meat consumption.

How Big is the Plant-Based Meat Market:

• Market Size Value in 2023: US$ 13.6 Billion
• Industry Revenue Forecast in 2032: US$ 87.9 Billion
• Growth Rate: CAGR of 22.4%
• Base Year of Estimation: 2023
• Historical Data: 2018-2023
• Future Forecast Period: 2024-2032

Get a Sample Copy of Report at - https://www.imarcgroup.com/plant-based-meat-market/requestsample

Plant-Based Meat Trends and Growth:

The key players in the plant based meat market are achieving rapid progress, due to rising awareness regarding the environmental consequences of traditional livestock farming and consumers becoming more health conscious. As people increasingly demand sustainable and wholesome food alternatives, plant-based meats are emerging as the preferred choice, while food processing technology has substantially increased the taste factor of plant-based meats, healthily contributing to the sector. Moreover, the prevalence of vegan and flexitarian lifestyles is expanding the target audience, and plant-based meats are no longer exclusively limited to vegans; consumers are looking to reduce meat consumption while not eliminating it entirely.

Additionally, several major global food giants have invested heavily in plant-based food products, expanding the market rapidly, increasing consumer awareness, and fostering experimentation. Since rebates are given by regional authorities on sustainable agriculture, plant-based meats are becoming more competitive versus existing meat-based alternatives. All such factors combinedly project a favorable growth path for plant-based meat. Many key players in the plant-based meat sector are engaging in strategic collaborations and partnerships with high-profile chefs, restaurants, and food chains to enhance their product offerings and market reach. These collaborations not only help in refining product quality through expert feedback but also boost market visibility and consumer trial opportunities.

Top Companies in Plant-Based Meat Market:

• Amy's Kitchen, Inc.
• Beyond Meat
• Boca Foods Company (Kraft Foods, Inc.)
• Garden Protein International (Conagra Brands, Inc.)
• Impossible Foods, Inc.
• Maple Leaf Foods
• MorningStar Farms (Kellogg Na Co.)
• Quorn Foods
• The Vegetarian Butcher
• Vbites Food Limited

Visit Full Blog: https://www.imarcgroup.com/plant-based-meat-companies

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Contact US:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.