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Plant-Based-Meat Global Market Report 2025: Key Projections, Market Size and Growth, Growth Drivers And Trends
Plant-Based-Meat Market Size
What Is The Projected Market Size Of The Global Plant-Based-Meat Global Market Report 2025 And Its Growth Rate?
Here are some notable milestones in terms of market size and growth rate of the plant-based meat global market:
•The market size witnessed rapid growth in recent years. It is set to grow from $9.92 billion in 2024 to $11.58 billion in 2025 with a compound annual growth rate (CAGR) of 16.8%.
•The elements driving this growth include growth of plant-based ingredients, dietary changes, increased health and environmental consciousness, retail expansion and availability, and global culinary influences.
•Forecast for the next few years predicts further rapid growth. It is projected to be $19.84 billion in 2029 with a compound annual growth rate (CAGR) of 14.4%.
•The forecast period growth will be due to rising concerns about animal welfare, culinary integration in restaurants, government initiatives and regulations, climate change mitigation efforts, and expansion of product portfolio.
What Is Driving The Growth In The Plant-Based-Meat Global Market Report 2025?
Increasing consumer awareness about the benefits of vegetarian diets is projected to fuel the growth of the plant-based meat market. Advantages of the vegetarian diet such as lower insulin levels, decreased heart disease rates, and improved kidney functions are attracting more consumers. In April 2023, The Good Food Institute Inc, a UK-based organization, reported that in 2022, the total sales value of the plant-based category in Europe for meat alternatives reached €2.0 billion, a growth of 3% from the previous year. Also, the rising awareness of animal rights through global welfare organizations such as Animal Aid Unlimited (AAU), and People for the Ethical Treatment of Animals (PETA) are expected to boost the demand for plant-based meat products. This, in turn, is predicted to increase the revenues of the plant-based meat market over the forecast period.
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Who Are the Key Players Driving Plant-Based-Meat Global Market Report 2025 Growth?
The key market players in the plant-based-meat market include:
•Kraft Heinz Company Inc.
•Maple Leaf Foods Inc.
•Morningstar Farms Inc.
•Amy's Kitchen Inc.
•Beyond Meat Inc.
•Impossible Foods Inc.
•Quorn Foods Inc.
•Greenleaf Foods LLC
•Don Lee Farms Inc.
•The Vegetarian Butcher LLC.
•Sweet Earth Inc.
•LightLife Foods Inc.
•Atlantic Natural Foods Inc.
•Gardein Inc.
•Ojah BV
•Tofurky Inc.
•The Very Good Food Company Inc.
•Next Level Burger LLC.
•Gold&Green Foods Ltd.
•Hungry Planet Inc.
•Monks Meats Inc.
•No Evil Foods Inc.
•Ocean Hugger Foods Inc.
•Sophie's Kitchen Inc.
•Yves Veggie Cuisine Inc.
•VBites Inc.
•Dr. Praeger's Inc.
•Good Catch Foods Inc.
What Are The Key Trends In The Plant-Based-Meat Global Market Report 2025?
Major trends in the forecast period include:
•Technological advancements in production.
•Technological advancements in plant-based alternatives.
•Expansion of product offerings beyond burgers.
•Collaborations and partnerships with foodservice chains.
•Focus on health and nutrition.
What Are The Segments Of The Global Plant-Based-Meat Global Market Report 2025?
The plant-based-meat market is divided by:
1) By Product Type: Burger Patties, Sausages, Strips, Nuggets, Meatballs, Other Product Types
2) By Source: Soy, Wheat, Pea, Other Sources
3) By Distribution Channel: Grocery Stores, Food & Drink Specialty Stores, Convenience Stores, Restaurants, Online Stores
Which Region Leads The Plant-Based-Meat Global Market Report 2025?
Asia-Pacific was the largest region in the plant-based meat market in 2024. Following Asia-Pacific, Western Europe was the second-largest region in the global plant-based-meat market. The plant-based-meat market report covers different regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Plant-Based-Meat Global Market Report 2025 Global Market Report?
- Market Size Analysis: This report analyzes the Plant-Based-Meat Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: This report identifies various subsegments within the Plant-Based-Meat Global Market Report 2025 to provide effective categorization.
- Key Player Focus: This report focuses on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Individual growth trends and prospects within the market are examined in this report.
- Market Contribution: This report evaluates contributions of different segments to the overall Plant-Based-Meat Global Market Report 2025 growth.
- Growth Drivers: This report details key factors influencing market growth as well as opportunities and drivers.
- Industry Challenges: Challenges and risks affecting the Plant-Based-Meat Global Market Report 2025 are analyzed in this report.
- Competitive Developments: This report analyzes competitive developments such as expansions, agreements, and new product launches in the market.
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