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Plant-based Meat Market By Product Type, By Source, By Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2030

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    Report

  • 220 Pages
  • September 2022
  • Region: Global
  • Allied Market Research
  • ID: 5713191
The global plant based meat market analysis is envisioned to garner $33,249.7 million by 2031, growing from $5,263.2 million in 2021 at a CAGR of 20.49 % from 2022 to 2031.

Plant based meat products derived from soy, pea, rice, and other products act as a substitute for animal-based meat. Plant based meat market is growing rapidly owing to the growing trend of veganism across the world. Additionally, the plant based meat leads to environmental sustainability, as these products emit 30%-90% less greenhouse gases compared to the animal-based meat. Also, the plant based meat requires 72% -99% less water compared to the animal-based meat products. Thus, plant based meat industry has tremendous potential that can help in the sustainable food supply. These factors are anticipated to boost the plant based meat market growth during the forecast period.

Some people are allergic to certain plant based meat products such as wheat, soy, and others. Also, the high cost of plant based meat in contrast to traditional meat, is expected to hamper the plant based meat market share during the analysis timeframe.

Plant based meat market has gained tremendous popularity as it is low in calories and has high fiber content. With a plethora of new companies producing products in a variety of forms ranging from patties and sausages to meatballs and chicken bits, the plant based meat industry is growing rapidly. These vegetarian meals are also extensively available in fresh cold cuts in health food shops, which is predicted to fuel plant based meat market share. Rising acceptance of ready-to-eat vegetarian food products that taste similar to meat, such as sausages, nuggets, burgers, and others, is also increasing the demand for plant based meat market. The growing popularity of pea and soy-based nutrition for a healthy and sustainable lifestyle is expected to drive the plant based meat market opportunities during the forecast period.

COVID-19 had a positive impact on the global plant based meat market demand. Some of the primary reasons which are propelling market expansion are the increasing vegan population and rising knowledge of the health benefits provided by vegan cuisine. Despite the lockdown and social distancing norms, the plant based meat market size has seen considerable volume growth and earnings due to increased use of plant-based meat in the food and beverage industry and the pharmaceutical industry. For instance, in February 2021, Beyond Meat announced a collaboration with Yum! Brands to develop plant-based menu options for the restaurant operator's KFC, Pizza Hut, and Taco Bell.

The plant based meat market analysis for key players profiled in this report include Pinnacle Foods Inc. (Conagra Brands, Inc.), Amy’s Kitchen, Inc., Atlantic Natural Foods, Inc., Lightlife Foods, Inc., Schouten Europe B.V., Sweet Earth, Inc., Impossible Foods Inc., The Kraft Heinz Company, Hain Celestial, Beyond Meat., Pacific Foods of Oregon, LLC, Monde Nissin, Kellogg’s Company, and Fry Family Food.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the plant-based meat market analysis from 2021 to 2031 to identify the prevailing plant-based meat market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the plant-based meat market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global plant-based meat market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Product Type


Tofu.

Tempeh.

Seitan.

Others

By Source


Soy

Pea.

Wheat.

Others

By Region


North America.

U.S.

Canada.

Mexico.

Europe.

Germany.

France.

UK.

Italy.

Spain.

Rest of Europe.

Asia-Pacific.

Japan.

China.

India.

Australia.

South Korea.

Rest of Asia-Pacific.

LAMEA.

Brazil.

Saudi Arabia.

United Arab Emirates.

South Africa.

Rest of LAMEA.

List of Key Players Profiled in the Report.

Pinnacle Foods Inc. (Conagra Brands, Inc.)

Amy’s Kitchen, Inc.

Atlantic Natural Foods, Inc.

Lightlife Foods, Inc.

Schouten Europe B.V.

Sweet Earth, Inc.

Impossible Foods Inc.

The Kraft Heinz Company.

Hain Celestial, Beyond Meat.

Pacific Foods of Oregon, LLC.

Monde Nissin.

Kellogg’s Company.

Fry Family Food

Key Market Segments

By Product Type

  • Tofu
  • Tempeh
  • Seitan
  • Others

By Source

  • Soy
  • Pea
  • Wheat
  • Others

By Distribution Channel

  • Indirect
  • Direct

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest Of Asia Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of LAMEA

Key Market Players

  • Beyond Meat
  • Impossible Food Inc.
  • Amy’s Kitchen

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
3.7. Regulatory Guidelines
3.8. Value Chain Analysis
3.9. Market Share Analysis
3.10. Key Regulation Analysis
3.11. Patent Landscape

CHAPTER 4: PLANT-BASED MEAT MARKET, BY PRODUCT TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Tofu
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Tempeh
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Seitan
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Others
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country

CHAPTER 5: PLANT-BASED MEAT MARKET, BY SOURCE
5.1 Overview
5.1.1 Market size and forecast
5.2 Soy
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Pea
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Wheat
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
5.5 Others
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country

CHAPTER 6: PLANT-BASED MEAT MARKET, BY DISTRIBUTION CHANNEL
6.1 Overview
6.1.1 Market size and forecast
6.2 Indirect
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Direct
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country

CHAPTER 7: PLANT-BASED MEAT MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Product Type
7.2.3 North America Market size and forecast, by Source
7.2.4 North America Market size and forecast, by Distribution Channel
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Product Type
7.2.5.1.2 Market size and forecast, by Source
7.2.5.1.3 Market size and forecast, by Distribution Channel
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Product Type
7.2.5.2.2 Market size and forecast, by Source
7.2.5.2.3 Market size and forecast, by Distribution Channel
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Product Type
7.2.5.3.2 Market size and forecast, by Source
7.2.5.3.3 Market size and forecast, by Distribution Channel
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Product Type
7.3.3 Europe Market size and forecast, by Source
7.3.4 Europe Market size and forecast, by Distribution Channel
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Market size and forecast, by Product Type
7.3.5.1.2 Market size and forecast, by Source
7.3.5.1.3 Market size and forecast, by Distribution Channel
7.3.5.2 United Kingdom
7.3.5.2.1 Market size and forecast, by Product Type
7.3.5.2.2 Market size and forecast, by Source
7.3.5.2.3 Market size and forecast, by Distribution Channel
7.3.5.3 France
7.3.5.3.1 Market size and forecast, by Product Type
7.3.5.3.2 Market size and forecast, by Source
7.3.5.3.3 Market size and forecast, by Distribution Channel
7.3.5.4 Spain
7.3.5.4.1 Market size and forecast, by Product Type
7.3.5.4.2 Market size and forecast, by Source
7.3.5.4.3 Market size and forecast, by Distribution Channel
7.3.5.5 Italy
7.3.5.5.1 Market size and forecast, by Product Type
7.3.5.5.2 Market size and forecast, by Source
7.3.5.5.3 Market size and forecast, by Distribution Channel
7.3.5.6 Rest of Europe
7.3.5.6.1 Market size and forecast, by Product Type
7.3.5.6.2 Market size and forecast, by Source
7.3.5.6.3 Market size and forecast, by Distribution Channel
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Product Type
7.4.3 Asia-Pacific Market size and forecast, by Source
7.4.4 Asia-Pacific Market size and forecast, by Distribution Channel
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Product Type
7.4.5.1.2 Market size and forecast, by Source
7.4.5.1.3 Market size and forecast, by Distribution Channel
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by Product Type
7.4.5.2.2 Market size and forecast, by Source
7.4.5.2.3 Market size and forecast, by Distribution Channel
7.4.5.3 India
7.4.5.3.1 Market size and forecast, by Product Type
7.4.5.3.2 Market size and forecast, by Source
7.4.5.3.3 Market size and forecast, by Distribution Channel
7.4.5.4 South Korea
7.4.5.4.1 Market size and forecast, by Product Type
7.4.5.4.2 Market size and forecast, by Source
7.4.5.4.3 Market size and forecast, by Distribution Channel
7.4.5.5 Australia
7.4.5.5.1 Market size and forecast, by Product Type
7.4.5.5.2 Market size and forecast, by Source
7.4.5.5.3 Market size and forecast, by Distribution Channel
7.4.5.6 Rest Of Asia Pacific
7.4.5.6.1 Market size and forecast, by Product Type
7.4.5.6.2 Market size and forecast, by Source
7.4.5.6.3 Market size and forecast, by Distribution Channel
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Product Type
7.5.3 LAMEA Market size and forecast, by Source
7.5.4 LAMEA Market size and forecast, by Distribution Channel
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Brazil
7.5.5.1.1 Market size and forecast, by Product Type
7.5.5.1.2 Market size and forecast, by Source
7.5.5.1.3 Market size and forecast, by Distribution Channel
7.5.5.2 Saudi Arabia
7.5.5.2.1 Market size and forecast, by Product Type
7.5.5.2.2 Market size and forecast, by Source
7.5.5.2.3 Market size and forecast, by Distribution Channel
7.5.5.3 UAE
7.5.5.3.1 Market size and forecast, by Product Type
7.5.5.3.2 Market size and forecast, by Source
7.5.5.3.3 Market size and forecast, by Distribution Channel
7.5.5.4 South Africa
7.5.5.4.1 Market size and forecast, by Product Type
7.5.5.4.2 Market size and forecast, by Source
7.5.5.4.3 Market size and forecast, by Distribution Channel
7.5.5.5 Rest of LAMEA
7.5.5.5.1 Market size and forecast, by Product Type
7.5.5.5.2 Market size and forecast, by Source
7.5.5.5.3 Market size and forecast, by Distribution Channel

CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES
9.1 Beyond Meat
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Impossible Food Inc.
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Amy’s Kitchen
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments

List of Tables
Table 1. Global Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 2. Plant-based Meat Market Size, for Tofu, by Region, 2021-2031 ($Million)
Table 3. Plant-based Meat Market for Tofu, by Country, 2021-2031 ($Million)
Table 4. Plant-based Meat Market Size, for Tempeh, by Region, 2021-2031 ($Million)
Table 5. Plant-based Meat Market for Tempeh, by Country, 2021-2031 ($Million)
Table 6. Plant-based Meat Market Size, for Seitan, by Region, 2021-2031 ($Million)
Table 7. Plant-based Meat Market for Seitan, by Country, 2021-2031 ($Million)
Table 8. Plant-based Meat Market Size, for Others, by Region, 2021-2031 ($Million)
Table 9. Plant-based Meat Market for Others, by Country, 2021-2031 ($Million)
Table 10. Global Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 11. Plant-based Meat Market Size, for Soy, by Region, 2021-2031 ($Million)
Table 12. Plant-based Meat Market for Soy, by Country, 2021-2031 ($Million)
Table 13. Plant-based Meat Market Size, for Pea, by Region, 2021-2031 ($Million)
Table 14. Plant-based Meat Market for Pea, by Country, 2021-2031 ($Million)
Table 15. Plant-based Meat Market Size, for Wheat, by Region, 2021-2031 ($Million)
Table 16. Plant-based Meat Market for Wheat, by Country, 2021-2031 ($Million)
Table 17. Plant-based Meat Market Size, for Others, by Region, 2021-2031 ($Million)
Table 18. Plant-based Meat Market for Others, by Country, 2021-2031 ($Million)
Table 19. Global Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 20. Plant-based Meat Market Size, for Indirect, by Region, 2021-2031 ($Million)
Table 21. Plant-based Meat Market for Indirect, by Country, 2021-2031 ($Million)
Table 22. Plant-based Meat Market Size, for Direct, by Region, 2021-2031 ($Million)
Table 23. Plant-based Meat Market for Direct, by Country, 2021-2031 ($Million)
Table 24. Plant-based Meat Market, by Region, 2021-2031 ($Million)
Table 25. North America Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 26. North America Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 27. North America Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 28. North America Plant-based Meat Market, by Country, 2021-2031 ($Million)
Table 29. U.S. Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 30. U.S. Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 31. U.S. Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 32. Canada Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 33. Canada Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 34. Canada Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 35. Mexico Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 36. Mexico Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 37. Mexico Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 38. Europe Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 39. Europe Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 40. Europe Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 41. Europe Plant-based Meat Market, by Country, 2021-2031 ($Million)
Table 42. Germany Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 43. Germany Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 44. Germany Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 45. United Kingdom Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 46. United Kingdom Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 47. United Kingdom Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 48. France Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 49. France Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 50. France Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 51. Spain Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 52. Spain Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 53. Spain Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 54. Italy Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 55. Italy Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 56. Italy Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 57. Rest of Europe Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 58. Rest of Europe Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 59. Rest of Europe Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 60. Asia-Pacific Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 61. Asia-Pacific Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 62. Asia-Pacific Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 63. Asia-Pacific Plant-based Meat Market, by Country, 2021-2031 ($Million)
Table 64. China Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 65. China Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 66. China Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 67. Japan Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 68. Japan Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 69. Japan Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 70. India Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 71. India Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 72. India Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 73. South Korea Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 74. South Korea Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 75. South Korea Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 76. Australia Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 77. Australia Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 78. Australia Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 79. Rest of Asia-Pacific Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 80. Rest of Asia-Pacific Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 81. Rest of Asia-Pacific Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 82. LAMEA Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 83. LAMEA Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 84. LAMEA Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 85. LAMEA Plant-based Meat Market, by Country, 2021-2031 ($Million)
Table 86. Brazil Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 87. Brazil Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 88. Brazil Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 89. Saudi Arabia Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 90. Saudi Arabia Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 91. Saudi Arabia Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 92. UAE Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 93. UAE Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 94. UAE Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 95. South Africa Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 96. South Africa Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 97. South Africa Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 98. Rest of LAMEA Plant-based Meat Market, by Product Type, 2021-2031 ($Million)
Table 99. Rest of LAMEA Plant-based Meat Market, by Source, 2021-2031 ($Million)
Table 100. Rest of LAMEA Plant-based Meat Market, by Distribution Channel, 2021-2031 ($Million)
Table 101. Beyond Meat: Company Snapshot
Table 102. Beyond Meat: Operating Segments
Table 103. Beyond Meat: Product Portfolio
Table 104. Beyond Meat: Net Sales
Table 105. Beyond Meat: Key Strategies
Table 106. Impossible Food Inc.: Company Snapshot
Table 107. Impossible Food Inc.: Operating Segments
Table 108. Impossible Food Inc.: Product Portfolio
Table 109. Impossible Food Inc.: Net Sales
Table 110. Impossible Food Inc.: Key Strategies
Table 111. Amy's Kitchen: Company Snapshot
Table 112. Amy's Kitchen: Operating Segments
Table 113. Amy's Kitchen: Product Portfolio
Table 114. Amy's Kitchen: Net Sales
Table 115. Amy's Kitchen: Key Strategies

List of Figures
Figure 1. Plant-Based Meat Market Segmentation
Figure 2. Plant-Based Meat Market, 2021-2031
Figure 3. Plant-Based Meat Market, 2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Plant-Based Meat Mark.:Drivers, Restraints and Opportunities
Figure 12. Regulatory Guidelines
Figure 13. Value Chain Analysis
Figure 14. Market Share Analysis
Figure 15. Key Regulation Analysis
Figure 16. Patent Analysis by Company
Figure 17. Patent Analysis by Country
Figure 18. Plant-Based Meat Market, By Product Type, 2021(%)
Figure 19. Comparative Share Analysis of Tofu Plant-Based Meat Market, 2021-2031(%)
Figure 20. Comparative Share Analysis of Tempeh Plant-Based Meat Market, 2021-2031(%)
Figure 21. Comparative Share Analysis of Seitan Plant-Based Meat Market, 2021-2031(%)
Figure 22. Comparative Share Analysis of Others Plant-Based Meat Market, 2021-2031(%)
Figure 23. Plant-Based Meat Market, By Source, 2021(%)
Figure 24. Comparative Share Analysis of Soy Plant-Based Meat Market, 2021-2031(%)
Figure 25. Comparative Share Analysis of Pea Plant-Based Meat Market, 2021-2031(%)
Figure 26. Comparative Share Analysis of Wheat Plant-Based Meat Market, 2021-2031(%)
Figure 27. Comparative Share Analysis of Others Plant-Based Meat Market, 2021-2031(%)
Figure 28. Plant-Based Meat Market, By Distribution Channel, 2021(%)
Figure 29. Comparative Share Analysis of Indirect Plant-Based Meat Market, 2021-2031(%)
Figure 30. Comparative Share Analysis of Direct Plant-Based Meat Market, 2021-2031(%)
Figure 31. Plant-Based Meat Market by Region, 2021
Figure 32. U.S. Plant-Based Meat Market, 2021-2031($Million)
Figure 33. Canada Plant-Based Meat Market, 2021-2031($Million)
Figure 34. Mexico Plant-Based Meat Market, 2021-2031($Million)
Figure 35. Germany Plant-Based Meat Market, 2021-2031($Million)
Figure 36. United Kingdom Plant-Based Meat Market, 2021-2031($Million)
Figure 37. France Plant-Based Meat Market, 2021-2031($Million)
Figure 38. Spain Plant-Based Meat Market, 2021-2031($Million)
Figure 39. Italy Plant-Based Meat Market, 2021-2031($Million)
Figure 40. Rest of Europe Plant-Based Meat Market, 2021-2031($Million)
Figure 41. China Plant-Based Meat Market, 2021-2031($Million)
Figure 42. Japan Plant-Based Meat Market, 2021-2031($Million)
Figure 43. India Plant-Based Meat Market, 2021-2031($Million)
Figure 44. South Korea Plant-Based Meat Market, 2021-2031($Million)
Figure 45. Australia Plant-Based Meat Market, 2021-2031($Million)
Figure 46. Rest of Asia-Pacific Plant-Based Meat Market, 2021-2031($Million)
Figure 47. Brazil Plant-Based Meat Market, 2021-2031($Million)
Figure 48. Saudi Arabia Plant-Based Meat Market, 2021-2031($Million)
Figure 49. Uae Plant-Based Meat Market, 2021-2031($Million)
Figure 50. South Africa Plant-Based Meat Market, 2021-2031($Million)
Figure 51. Rest of LAMEA Plant-Based Meat Market, 2021-2031($Million)
Figure 52. Top Winning Strategies, by Year
Figure 53. Top Winning Strategies, by Development
Figure 54. Top Winning Strategies, by Company
Figure 55. Product Mapping of Top 10 Players
Figure 56. Competitive Dashboard
Figure 57. Competitive Heatmap of Top 10 Key Players
Figure 58. Beyond Mea.: Net Sales, ($Million)
Figure 59. Impossible Food Inc.: Net Sales, ($Million)
Figure 60. Amy’S Kitche.: Net Sales, ($Million)

Executive Summary

According to the report, “Plant-based Meat Market," the plant-based meat market was valued at $5.3 billion in 2021, and is estimated to reach $33.3 billion by 2031, growing at a CAGR of 20.5% from 2022 to 2031.

The plant based meat products are becoming extremely popular as they are viable alternative to the animal based meat products. The plant based meat reduces the dependence on animal based meat products and provides numerous health benefits. For instance, consumption of plant based meat products lowers the risk of heart disease, diabetes, and obesity. This is because the products namely tofu, tempeh, and others are rich in essential nutrients like proteins, iron, zinc, fiber, vitamin B12, and others. Also, the plant based meat products can imitate the flavor, texture, color, and sensory properties as that of animal based meat products. The popular plant based meat such as nuts, beans, legumes, grains, vegetables, seeds are healthy, have low calorie, and low sodium content which is good for heart health. These factors are anticipated to boost the plant-based meat market size during the forecast period.

However, some of the drawbacks associated with the consumption of plant based meat is estimated to restrict the market growth. For instance, the use of artificial ingredients such as additives, fillers can be harmful to human health. Also, plant based meat products are deficient in some of the vital minerals, inadequate amount of essential proteins and vitamins can make these products less popular. These factors are anticipated to restrict the plant-based meat market growth during the forecast period.

Several health benefits associated with the consumption of plant based meat is estimated to boost the market demand. For instance, plant based meat relieves and prevents constipation. This is because plant based meat products such as beans are high in fiber and can keep your gut healthy. The plant based meat uses potassium chloride instead of sodium chloride which is essential for the body. For instance, potassium improves muscle contraction and nerve functions thereby maintaining a healthy heart rate. Furthermore, the vegan lifestyle can lower blood sugar levels as plant based meat is high in fiber and it slows down the absorption of sugar by bloodstream. These food items can improve the sleep quality that makes you more productive and energetic. These factors are anticipated to boost the plant-based meat market demand during the forecast period.

The global plant-based meat market is segmented based on product type, source, distribution channel, and region. By product type, it is classified into tofu, tempeh, seitan, and others. By source, the market is classified into soy, pea, wheat, and others. By distribution channel, the plant based meat market is classified into indirect and direct. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the plant-based meat market analysis include Pinnacle Foods Inc. (Conagra Brands, Inc.), Amy’s Kitchen, Inc., Atlantic Natural Foods, Inc., Lightlife Foods, Inc., Schouten Europe B.V., Sweet Earth, Inc., Impossible Foods Inc., The Kraft Heinz Company, Hain Celestial, Beyond Meat., Pacific Foods of Oregon, LLC, Monde Nissin, Kellogg’s Company, and Fry Family Food.

The report offers a comprehensive analysis of the global plant-based meat market trends by thoroughly studying different aspects of the market including major segments, market statistics, market dynamics, regional market outlook, investment opportunities, and top players working towards the growth of the market. The report also sheds light on the present scenario and plant-based meat market opportunities, upcoming trends & developments that are contributing to the growth of the market. Moreover, restraints and challenges that hold power to obstruct the market growth are also profiled in the report along with the Porter’s five forces analysis of the market to elucidate factors such as competitive landscape, bargaining power of buyers and suppliers, threats of new players, and emergence of substitutes in the market. The comprehensive analysis of plant-based meat market share based on top companies is provided in this report.

Impact of Covid-19 on the Global Plant-based Meat Industry

The sales of plant based meat have increased rapidly during the pandemic owing to the growing health awareness among people. The plant based meat products promote a healthy heart and can reduce the risk of heart ailments, obesity, diabetes, and other disorders.

The International Agency for Research on Cancer (IARC) has stated that the consumption of processed or red meat has the carcinogenic effect that can lead to cancer. Also, growing awareness regarding the side effects of animal-based meat products has increased the plant based meat market demand during the pandemic.

The lockdown imposed across several countries during the pandemic has led to drastic rise in online shopping as the customers avoid visiting supermarkets, retail stores for shopping. This in turn has increased the sales of plant based meat products during the pandemic owing to the online shopping convenience.

The regulatory relaxations on the consumption of alternative proteins basically plant based meat protein products have increased the market demand during the pandemic.

Key Findings of the Study

  • Based on product type, the tempeh sub-segment emerged as the global leader in 2021 and the seitan sub-segment is anticipated to be the fastest growing sub-segment during the forecast period.
  • Based on source, the soy source sub-segment emerged as the global leader in 2021 and the pea sub-segment is predicted to show the fastest growth in the upcoming years.
  • Based on distribution channel, the indirect sub-segment registered the highest market share in 2021 and is projected to maintain the position during the forecast period.
  • Based on region, the North America market registered the highest market share in 2021 and the Europe region is estimated to show the fastest growth during the projected timeframe.

Companies Mentioned

  • Beyond Meat
  • Impossible Food Inc.
  • Amy’s Kitchen

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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