Global Vegetable Meat Market (2022 To 2027) – Industry Trends, Share, Size, Growth, Opportunities and Forecast | News

DUBLIN, February 4, 2022 /PRNewswire/ — The “Plant-based Meat Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.comit is offer.

The global vegetable meat market reached a value of US$8.5 billion in 2021. Looking ahead, the publisher expects the market to reach 34 billion US dollars by 2027, posting a CAGR of 25.8% over the period 2022-2027. Keeping in mind the uncertainties of COVID-19, they continuously monitor and assess the direct and indirect influence of the pandemic. This information is included in the report as a major market contributor

Plant-based meat refers to a vegan meat-like alternative that resembles meat products in color, texture, appearance, and flavor. Generally, it is produced by mixing vegetable protein isolates, starch, vegetable extracts, edible oils and various other seasonings. These raw materials are then processed with additives and colorings to achieve a flavor and texture similar to animal meat.

Plant-based meat products help reduce meat consumption, thereby minimizing the risk of cardiovascular disease, lowering blood cholesterol, maintaining calories and increasing protein consumption. Furthermore, the meat-based variant is also considered environmentally sustainable as it helps to reduce the high consumption of meat products. For this reason, plant-based meat products are widely available in restaurants, cafes, fast food outlets, hypermarkets/supermarkets, convenience/specialty stores, and other catering platforms.

The widespread trend of veganism coupled with growing concerns about animal welfare and protection has led to a growing demand for meat alternatives, such as plant-based meat. In addition, growing consumer health concerns along with high prevalence of obesity, diabetes, etc., have also increased the demand for the products due to its low calorie and low protein content.

Additionally, the shift in consumer inclination from a non-vegetarian diet towards plant-based protein foods, as well as the increasing adoption of a flexitarian and vegetarian diet, particularly in North America and Europe, also catalyzed the growth of the market. In several emerging economies, such as India, China, Brazil, Turkeyetc., rapid urbanization coupled with rising consumer living standards has increased per capita spending on premium food products, such as vegan foods.

Apart from this, the introduction of several awareness programs by various animal welfare organizations such as PETA to reduce the excessive slaughter of animals for meat consumption is also propelling the demand for the products. Additionally, due to changing consumer tastes and preferences, several manufacturers are introducing vegan meat products with better aroma, better texture, longer shelf life and high nutritional value.

Moreover, various prominent food companies are entering into strategic partnerships with several vegan meat production start-ups to expand their product portfolios, thus leading to premiumization of products. Furthermore, the increasing adoption of these meat products in several cuisines including Chinese, Thai, Italian, etc. will continue to fuel the growth of the global plant-based meat market in the coming years.

Competitive Landscape:

The competitive landscape of the industry was also examined with some of the top plant-based meat companies are 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 and Vbites Food Limited

Answers to key questions in this report:

  • How has the global plant-based meat market behaved so far and how will it behave in the years to come?
  • What are the main regional markets?
  • What has been the impact of COVID-19 on the global plant-based meat market?
  • What is the market breakdown by product type?
  • What is the market breakdown by source?
  • What is the market breakdown by type of meat?
  • What is the market breakdown by distribution channel?
  • What are the different stages of the industry value chain?
  • What are the major market drivers and challenges?
  • What is the structure of the global plant-based meat market and who are the major players?
  • How competitive is the market?

Main topics covered:

1 Preface

2 Scope and methodology

3 Executive summary

4 Presentation

4.1 Overview

4.2 Key Industry Trends

5 Global plant-based meat market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakdown by Product Type

6.1 Hamburger patties

6.1.1 Market trends

6.1.2 Market Forecast

6.2 Sausages

6.2.1 Market trends

6.2.2 Market Forecast

6.3 Nuggets and bands

6.3.1 Market trends

6.3.2 Market Forecast

6.4 Minced meat

6.4.1 Market trends

6.4.2 Market Forecast

6.5 Meatballs

6.5.1 Market trends

6.5.2 Market Forecast

6.6 Others

6.6.1 Market trends

6.6.2 Market Forecast

7 Market Breakdown by Source

7.1 Soy

7.1.1 Market trends

7.1.2 Market Forecast

7.2 Wheat

7.2.1 Market trends

7.2.2 Market Forecast

7.3 Peas

7.3.1 Market trends

7.3.2 Market Forecast

7.4 Others

7.4.1 Market trends

7.4.2 Market Forecast

8 Market Breakdown by Meat Type

8.1 Chicken

8.1.1 Market trends

8.1.2 Market Forecast

8.2 Beef

8.2.1 Market trends

8.2.2 Market Forecast

8.3 Pork

8.3.1 Market trends

8.3.2 Market Forecast

8.4 Others

8.4.1 Market trends

8.4.2 Market Forecast

9 Market Breakdown by Distribution Channel

9.1 Restaurant and catering industry

9.1.1 Market trends

9.1.2 Market Forecast

9.2 Supermarkets and hypermarkets

9.2.1 Market trends

9.2.2 Market Forecast

9.3 Convenience stores and specialty stores

9.3.1 Market trends

9.3.2 Market Forecast

9.4 Online retail

9.4.1 Market trends

9.4.2 Market Forecast

10 Market Breakdown by Region

11 SWOT Analysis

12 Value chain analysis

13 Analysis of the five forces of carriers

14 Competitive Landscape

14.1 Market structure

14.2 Key Players

14.3 Profiles of Key Players

14.3.1 Amy’s Kitchen, Inc.

14.3.1.1 Company Overview

14.3.1.2 Business portfolio

14.3.1.3 SWOT Analysis

14.3.2 Beyond Meat

14.3.2.1 Presentation of the company

14.3.2.2 Business portfolio

14.3.2.3 Financial portfolio

14.3.2.4 SWOT Analysis

14.3.3 Boca Foods Company (Kraft Foods, Inc.)

14.3.3.1 Company Overview

14.3.3.2 Business portfolio

14.3.3.3 SWOT Analysis

14.3.4 Garden Protein International (Conagra Brands, Inc.)

14.3.4.1 Company Overview

14.3.4.2 Business portfolio

14.3.4.3 SWOT Analysis

14.3.5 Impossible Foods, Inc.

14.3.5.1 Company Overview

14.3.5.2 Business portfolio

14.3.5.3 SWOT Analysis

14.3.6 Maple Leaf Foods

14.3.6.1 Company Overview

14.3.6.2 Business portfolio

14.3.6.3 Financial portfolio

14.3.6.4 SWOT Analysis

14.3.7 MorningStar Farms (Kellogg Na Co.)

14.3.7.1 Company Overview

14.3.7.2 Business portfolio

14.3.7.3 SWOT Analysis

14.3.8 Quorn foods

14.3.8.1 Company Overview

14.3.8.2 Business portfolio

14.3.8.3 SWOT Analysis

14.3.9 The vegetarian butcher

14.3.9.1 Company Overview

14.3.9.2 Business portfolio

14.3.9.3 SWOT Analysis

14.3.10 Vbites Food Limited

14.3.10.1 Company Overview

14.3.10.2 Business portfolio

14.3.10.3 SWOT Analysis

For more information on this report, visit https://www.researchandmarkets.com/r/9qndw4

Media Contact:

Research and Markets

Laura Woodsenior

[email protected]

For EST office hours, call +1-917-300-0470

For USA/CAN call toll free +1-800-526-8630

For GMT office hours call +353-1-416-8900

US Fax: 646-607-1904

Fax (outside the US): +353-1-481-1716

Show original content:https://www.prnewswire.com/news-releases/global-plant-based-meat-market-2022-to-2027—industry-trends-share-size-growth-opportunity-and-forecasts-301475619. html

SOURCE Research and Markets

About Erick Miles

Check Also

World Youth Skills Day and the Nigerian Labor Market (I)

The United Nations General Assembly adopted a resolution in December 2014 designating July 15 as …