Plant-based and Cultured Meat Market Sluggish Growth Rate at a a CAGR of 23.0% Foreseen by 2024-2030 | Kellogg, Hormel, Smithfield Foods (WH Group)

QY Resrach's latest report 'Plant-based and Cultured Meat Market 2024 Report' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular difficulty. The correct methodology and staff will be matched to the company need through marketing reports, which may involve survey work, in-depth interviews, or a combination of methodologies. A skilled group of analysts collects, evaluates, and synthesises the data to complete difficult assignments without establishing unreasonably high standards.

The global market for Plant-based and Cultured Meat was estimated to be worth US$ 188 million in 2023 and is forecast to a readjusted size of US$ 749 million by 2030 with a CAGR of 23.0% during the forecast period 2024-2030

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Plant-based meat, also known as meat alternatives or vegan meat, refers to food products that mimic the taste, texture, and appearance of traditional animal-based meats but are made entirely from plant-based ingredients. These meat substitutes are typically created using ingredients such as soy protein, wheat gluten, peas, or other sources of vegetable protein. Plant-based meat products are designed to provide a similar sensory experience and nutritional profile to animal-based meats but are produced without the use of any animal ingredients.

According to data from the Food and Agriculture Organization of the United Nations (FAO), the global aquatic product farming volume has shown an increasing trend from 1959 to 2021. According to preliminary statistics, the global aquatic product farming volume in 2021 was about 128 million tons. The State of World Fisheries and Aquaculture 2022 shows that total global aquaculture initial sales in 2020 was approximately US$265 billion, with farm sales estimated to total US$281.5 billion. Of the total aquaculture production, 87.5 million tons were produced of aquatic animals, mainly for human consumption; 35.1 million tons of algae, including food and non-food uses; 700 tons of shellfish and decorative pearls. Asian countries account for 70% of the global aquatic animal production in fisheries and aquaculture, followed by the Americas, Europe, Africa and Oceania.

This report aims to provide a comprehensive presentation of the global market for Plant-based and Cultured Meat, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Plant-based and Cultured Meat.

Report Scope : -

The Plant-based and Cultured Meat market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Plant-based and Cultured Meat market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Plant-based and Cultured Meat companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Global Plant-based and Cultured Meat Market Trends : -

Plant-based and Cultured Meat The pre- and post-period regulatory situation plays an important role in shaping market dynamics. As governments introduce and refine regulations governing the production, distribution, and sale of Plant-based and Cultured Meat products, businesses must navigate complex compliance requirements to ensure lawful operations. Regulatory clarity and consistency are key factors that positively impact markets, providing certainty for businesses and giving people confidence in product safety and quality standards. Additionally, regulatory developments such as the approval of Plant-based and Cultured Meat chemical and material products and the establishment Plant-based and Cultured Meat of cultivation programs are opening up new opportunities for market expansion while setting standards for best practices in the industry.

Methods of Research:-

The report has its roots truly set in thorough techniques provided with the aid of proficient facts analysts. the study's methodology includes the collection of information through analysts simplest to have them studied and filtered thoroughly in an try to provide good sized predictions approximately the marketplace over the evaluate length. The research method further consists of interviews with main market influencers, which makes the primary research applicable and realistic. The secondary methods give a direct peek into the demand and deliver connection. The market methodologies followed within the record offer specific facts analysis and provide a tour of the whole marketplace. Each number one and secondary techniques to data collection were used. In addition to these, publicly available assets together with annual reviews, and white papers had been utilized by records analysts for an insightful know-how of the marketplace.

Top Market Leader Included : -

Kellogg, Hormel, Smithfield Foods (WH Group), Beyond Meat, Impossible Foods, Cargill, Maple Leaf Foods, The Very Good Food, Right Treat, JUST, Turtle Island Foods, Plantible Foods, Rebellyous Foods, Livekindly, InnovoPro, Tyson, Shuang Ta Food, Hai Xin Food, Aleph Farms, Avant Meats Company Limited, Biftek INC, Mosa Meat, BlueNalu, Inc., BioFood Systems Ltd, WildType, New Age Eats, Shiok Meats Pte Ltd, SuperMeat, Meatable, Finless Foods, Inc

Detailed of Plant-based and Cultured Meat Market Segmentation: -

Segmentation By Type :-

Soy Protein Type, Peanut Protein Type, Others

Segmentation By Application : -

Human Food, Feed Addictive, Others

Plant-based and Cultured Meat Market Geography: -

By Region

United States

Canada
Mexico
Brazil
China

APAC

Japan
South Korea
China
ASEAN
India

EMEA

Europe
Middle East
Africa

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Table of Contents with Major Points:

1. Executive Summary
1.1. Market Analysis
1.2. Global & Segmental Market Estimates & Forecasts, 2024-2030 (USD Billion)
1.2.1. Plant-based and Cultured Meat Market, by Region, 2024-2030 (USD Billion)
1.2.2. Plant-based and Cultured Meat Market, by Type, 2024-2030 (USD Billion)
1.2.3. Plant-based and Cultured Meat Market, by Application, 2024-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

2. Global Plant-based and Cultured Meat Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

3. Global Market Dynamics
3.1. Plant-based and Cultured Meat Market Impact Analysis (2024-2030)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities

4. Global Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2024-2030)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

5. Global Market, by Type
5.1. Market Analysis
5.2. Global Plant-based and Cultured Meat Market by Type, Performance - Potential Analysis
5.3. Global Plant-based and Cultured Meat Market Estimates & Forecasts by Type 2024-2030 (USD Billion)
5.4. Plant-based and Cultured Meat Market, Sub-Segment Analysis

6. Global Market, by Application
6.1. Market Analysis
6.2. Global Plant-based and Cultured Meat Market by Application, Performance - Potential Analysis
6.3. Global Plant-based and Cultured Meat Market Estimates & Forecasts by Application 2024-2030 (USD Billion)
6.4. Plant-based and Cultured Meat Market, Sub-Segment Analysis
6.4.1. Others

7. Regional Analysis
7.1. Plant-based and Cultured Meat Market, Regional Market Analysis
7.2. North America Plant-based and Cultured Meat Market
7.3. Europe Plant-based and Cultured Meat Market Analysis
7.4. Asia-Pacific Plant-based and Cultured Meat Market Analysis
7.5. Latin America Plant-based and Cultured Meat Market Analysis
7.6. Rest of The World Plant-based and Cultured Meat Market

8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Key player 1
8.2.1.1. Key In Durationation
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments

9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes

Key Features Of The Study:-

ᗒ This report provides in-depth analysis of the global Plant-based and Cultured Meat market, and provides market size (us$ million) and cagr for the forecast period (2024-2030), considering 2022 as the base year.

ᗒ This report profiles key players in the global Plant-based and Cultured Meat market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Plant-based and Cultured Meat sales data, market share and ranking.

ᗒ This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.

ᗒ This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.

ᗒ The global Plant-based and Cultured Meat market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Important questions answered in the report includes of:

ᗒ How will the market for the Plant-based and Cultured Meat Market industry grow in 2024?

ᗒ Which well-known major companies will drive the market's growth?

ᗒ Which size of business held the biggest market share for data center?

ᗒ What is the market's Compound Annual Growth Rate (CAGR) for the 2024-2030 forecast period?

ᗒ What is the primary factor driving the market's expansion?

ᗒ In the market, which region held the highest market share?

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