Press release
Plant-based Meat Market Comprehensive 2024 Report: Size, Trends, Growth, and Leading Players Through 2032 | Impossible Foods Inc., Conagra Brands, Inc., Beyond Meat Inc.
๐๐ก๐ ๐ฉ๐ฅ๐๐ง๐ญ-๐๐๐ฌ๐๐ ๐ฆ๐๐๐ญ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ข๐ณ๐ ๐ฐ๐๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ ๐๐๐ ๐,๐๐๐.๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐. ๐๐ก๐ ๐ฉ๐ฅ๐๐ง๐ญ-๐๐๐ฌ๐๐ ๐ฆ๐๐๐ญ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ๐๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐ญ๐จ ๐๐๐ ๐๐,๐๐๐.๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, ๐๐ฑ๐ก๐ข๐๐ข๐ญ๐ข๐ง๐ ๐ ๐๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐๐ง๐ง๐ฎ๐๐ฅ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ซ๐๐ญ๐ (๐๐๐๐) ๐จ๐ ๐๐.๐% ๐๐ซ๐จ๐ฆ ๐๐๐๐ ๐ญ๐จ ๐๐๐๐๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
Plant-based meat alternatives aim to replicate characteristics of traditional meats and serve as substitutes for animal-derived products. Plant-based products provide consumers with a more sustainable and eco-friendly alternative to meat products. Utilizing plants and other non-animal ingredients can give them a flavor, appearance, and appeal similar to that of meat. Soybeans, wheat berries, lentils, tofu, yuba, tempeh, and various nuts are key ingredients in plant-based meat.
๐๐๐๐๐ข๐ฏ๐ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฐ:
https://www.polarismarketresearch.com/industry-analysis/plant-based-meat-market/request-for-sample
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
The plant-based meat market is expanding due to the increasing ethical concerns of consumers, especially millennials, and the global trend of flexitarianism. It is a person who consumes both meat and dairy products but aims to reduce their intake due to health, environmental, and ethical reasons.
Rising awareness about nutrient content and increasing concerns about animal slaughter is anticipated to drive the market growth.
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
Leading companies in the market prioritize strategic acquisitions to enhance their R&D capabilities and gain a competitive advantage, allowing them to provide users with innovative products. Here is the list of the leading companies operating in the plant-based meat market:
Impossible Foods Inc.
Conagra Brands, Inc.
Beyond Meat Inc.
Kellanova
Quorn Foods
Amy's Kitchen Inc.
Maple Leaf Foods Inc.
Unilever
Tofurky
Sunfed
VBites Foods Limited
Eat JUST
Gold & Green Foods Ltd.
Kellogg
Greenwise
Boca Foods Company (Kraft Foods, Inc.)
NOVAMEAT
OmniPork
Zikooin
v2food Pty Ltd
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐จ๐ง ๐๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/plant-based-meat-market/inquire-before-buying
๐๐ฅ๐๐ง๐ญ-๐๐๐ฌ๐๐ ๐๐๐๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
In 2023, the soy segment accounted for the largest market share in the plant-based meat market. As consumers become more health-conscious and informed about the potential risks associated with excessive meat consumption, there is a growing demand for nutritious and wholesome plant-based alternatives. Soy-based plant-based meats, enriched with protein and devoid of cholesterol, appeal to health-conscious consumers seeking to adopt a balanced diet without compromising on taste or texture.
The retail outlet segment is expected to grow at the fastest CAGR during the forecast period. Additionally, a retail outlet focused exclusively on plant-based meats can serve as a hub for community engagement, education, and culinary exploration.
In 2023, North America dominated the largest market. The factors such as the proliferation of e-commerce, the rising began population, and the trend towards consuming healthy food is expected to drive the growth of the plant-based meat market over the forecast period.
๐๐๐จ๐ ๐ซ๐๐ฉ๐ก๐ข๐๐๐ฅ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
North America (U.S., Canada)
Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea, Australia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The market is mainly segmented based on distribution channel, source, product, and region. Based on the source analysis, in 2023, the soy segment accounted for the largest market share. The soy market segment is anticipated to witness the highest growth rate over the projection period.
Moreover, according to the distribution channel analysis, during the projection period, the retail outlet segment is anticipated to be the fastest-growing CAGR. Companies are collaborating with retail stores to enhance their sales by leveraging the retail stores' distribution networks.
๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ฌ๐ญ๐๐ง๐ญ๐ฅ๐ฒ - ๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐:
https://www.polarismarketresearch.com/industry-analysis/plant-based-meat-market
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐๐'๐ฌ ๐๐ฅ๐๐ง๐ญ-๐๐๐ฌ๐๐ ๐๐๐๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ ๐๐ซ๐จ๐ฆ ๐๐ข๐๐๐๐ซ๐๐ง๐ญ ๐๐ฎ๐๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ:
๐๐ฅ๐๐ง๐ญ-๐๐๐ฌ๐๐ ๐๐๐๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐/๐๐ก๐๐ซ๐ ๐๐๐ญ ๐ญ๐จ ๐๐๐๐๐ก ๐๐๐ ๐๐,๐๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, ๐๐ข๐ญ๐ก ๐ฌ๐ข๐ ๐ง๐ข๐๐ข๐๐๐ง๐ญ ๐๐๐๐ ๐จ๐ ๐๐ซ๐จ๐ฎ๐ง๐ ๐๐.๐%: ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
https://www.globenewswire.com/news-release/2023/08/09/2721812/0/en/Plant-Based-Meat-Market-Size-Share-Set-to-Reach-USD-30-601-36-Million-By-2032-With-significant-CAGR-of-around-17-1-Polaris-Market-Research.html
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐ซ๐๐ง๐๐ฌ - ๐๐๐'๐ฌ ๐๐จ๐ฉ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Probiotics Dietary Supplements Market
https://www.openpr.com/news/3651838/probiotic-dietary-supplements-industry-report-2024-market
Herbal Supplements Market
https://www.openpr.com/news/3651770/herbal-supplements-market-2024-market-analysis-innovation
Cultured Meat Market
https://www.polarismarketresearch.com/industry-analysis/cultured-meat-market
Meat Substitutes Market
https://www.polarismarketresearch.com/industry-analysis/meat-substitutes-market
Carrageenan Market
https://www.polarismarketresearch.com/industry-analysis/carrageenan-market
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About Polaris Market Research & Consulting, Inc:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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