What is the value of the global Plant-Based Meat Market?

In 2022, the global Plant-Based Meat Market was valued at US$ 6.7 billion. The market is expected to reach US$ 35.1 billion by 2032.

What are the drivers of the Plant-Based Meat Market?

Increasing consumer preference for vegan diets and changing lifestyles are driving the growth of the market. The demand for plant-based meat products is also influenced by increasing health concerns and the consciousness of animal welfare.

Which meat type is dominant in the Plant-Based Meat Market?

The plant-based chicken segment is dominant in the market.

What are the popular product types in the plant-based meat market?

The plant-based meat market offers a range of product types, such as burger patties, sausages, strips & nuggets, meatballs, and other product types.

Which region dominates the global plant-based meat market?

North America currently leads the global plant-based meat market, with the largest revenue share of 38.5% in 2022.

How is the plant-based meat market in India?

India is a nascent market for plant-based meat substitutes, and urban consumers are welcoming the idea of plant-based processed food as a rich source of protein.

What are some of the prominent key players in the plant-based meat market?

Some of the prominent key players in the plant-based meat market include Beyond Meat Inc., Impossible Foods Inc., Maple Leaf Foods Inc., Vegetarian Butcher, Conagra Inc., Kellogg NA Co., and more.

What are the market trends in the plant-based meat industry?

The market trends in the plant-based meat industry include increasing consumer preference for plant-based diets, rising demand for a variety of flavors, and strategic investments by key players.

Plant-Based Meat Market Size, Share

Global Plant-Based Meat Market by Source (Soy, Pea, Wheat, Blends, And Other Sources), By Meat Type (Chicken, Pork, Beef, Fish, and Other Meat Types), By Product Type (Burgers, Patties, Sausages, Other Product Types), By End-User, By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032

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