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The plant-based meat market by revenue is expected to grow at a CAGR of around 19% during the period 2022-2027. In-depth analysis and data-driven insights on the impact of COVID-19 are included in this report.
MARKET OPPORTUNITIES AND DRIVERS
- The Growing Demand for Clean Labelling
- Growing Investment in Plant-Based Market
- Growing Product Innovation and Technology
- Government Policy and Safety Standards
- Increasing Consumer Awareness
- Growing Concerns for Animal Rights and Environment
- Growing Spirituality
- Plant-based meat producers are exploring different meat alternatives to satisfy the consumers' demand. Regular product innovations and improving product lines have marked the way for the success of the plant-based meat industry in recent years.
GEOGRAPHICAL ANALYSIS
North America, Europe, APAC, Latin America, Middle East and Africa.
In 2021 Europe was the world's largest market for plant-based meat. The increase of ethical and health-conscious consumer groups is one of the key factors driving the market for plant-based meat, precisely in the United Kingdom.
VENDOR ANALYSIS
- A growing number of angel investors, venture capitalists, and accelerators, as well as increased investment activity from strategic food industry investors such as General Mills, 301 Inc, and Kraft Heinz, as well as direct investors such as Mapleleaf Foods, Cargill, and Danone, are all helping to propel the industry growth.
THE REPORT INCLUDES:
1. The analysis of the global plant-based meat market provides market size and growth rate for the forecast period 2022-2027.
2. It offers comprehensive insights into current industry trends, trend forecast, and growth drivers about the plant-based meat market.
3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.
4. It offers a complete overview of market segments and the regional outlook of the global plant-based meat market.
5. The report offers a detailed overview of the vendor landscape, competitive analysis, and critical market strategies to gain competitive advantage.
Table of Contents
Methodology
Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.
Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 308 |
| Published | February 2022 |
| Forecast Period | 2021 - 2027 |
| Estimated Market Value ( USD | $ 6417.61 Million |
| Forecasted Market Value ( USD | $ 18017.22 Million |
| Compound Annual Growth Rate | 18.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 26 |
