Report overview
Plant-based Meat made from plants such as soy. It is especially designed and created to look like, taste like, and cook like conventional meat. Artificial meat can be in the form of a burger patty, nuggets, or even crumbles and sausages and as it grows more popular, these veggie-based alternatives are shaking up the meat industry and everything we thought we knew about veggie burgers. Products from different manufacturers have different formulas. Different types of protein and different taste. Therefore, the source of plant protein in plant meat is basically a compound formula composed of soy protein, broad bean protein, and chickpea protein etc.
This report contains market size and forecasts of Plant-Based Vegetarian Meat in global, including the following market information:
Global Plant-Based Vegetarian Meat Market Revenue, 2018-2023, 2023-2030, ($ millions)
Global Plant-Based Vegetarian Meat Market Sales, 2018-2023, 2023-2030, (MT)
Global top five Plant-Based Vegetarian Meat companies in 2022 (%)
The global Plant-Based Vegetarian Meat market was valued at 1459.1 million in 2022 and is projected to reach US$ 2922.2 million by 2030, at a CAGR of 10.4% during the forecast period 2023-2030.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.
Meat Products Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Plant-Based Vegetarian Meat include Beyond Meat, Impossible Foods, Turtle Island Foods, Maple Leaf, Yves Veggie Cuisine, Nestle, Kellogg's, Qishan Foods and Hongchang Food, etc. In 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Plant-Based Vegetarian Meat manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Plant-Based Vegetarian Meat Market, by Type, 2018-2023, 2023-2030 ($ Millions) & (MT)
Global Plant-Based Vegetarian Meat Market Segment Percentages, by Type, 2022 (%)
Meat Products
Meat
Global Plant-Based Vegetarian Meat Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (MT)
Global Plant-Based Vegetarian Meat Market Segment Percentages, by Application, 2022 (%)
Food Service
Retail
Others
Global Plant-Based Vegetarian Meat Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (MT)
Global Plant-Based Vegetarian Meat Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Plant-Based Vegetarian Meat revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Plant-Based Vegetarian Meat revenues share in global market, 2022 (%)
Key companies Plant-Based Vegetarian Meat sales in global market, 2018-2023 (Estimated), (MT)
Key companies Plant-Based Vegetarian Meat sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Beyond Meat
Impossible Foods
Turtle Island Foods
Maple Leaf
Yves Veggie Cuisine
Nestle
Kellogg's
Qishan Foods
Hongchang Food
Sulian Food
Starfield
PFI Foods
Fuzhou Sutianxia
Zhen Meat
Vesta Food Lab
Cargill
Unilever
Omnipork