Plant-based Meat Market Opportunities, Leading Players - 2027

1. Plant-basedMeatMarketworth$15.7billionby2027– Exclusive Report by MarketsandMarkets™ ThePlant-based Meat MarketisprojectedtoreachUSD15.7billionby2027,withaCAGRof14.7%,intermsofvaluebetween 2022 and 2027 according to a new report by MarketsandMarkets™.Themajorfactorstodrivethegrowthoftheplant-basedmeatmarketaregrowthinveganandflexitarianpopulation,riseinawarenessaboutthehealthbenefitsofplant-basedmeatoveranimal-basedmeatproducts,increaseininvestmentbygovernmentbodiesandR&Dactivities,andinvestmentofthemajorfoodindustrygiantsinplant-basedmeatproducts. DownloadPDFBrochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=44922705 Browsein-depthTOCon"Plant-basedMeatMarket” 846– Tables 45– Figures 447– Pages Soyaccountforthelargestmarketshareintheplant-basedmeatmarket Basedonthesource,thesoysegmentdominatesthemarket.Soyservesasanalternativetomeatsources,suchaspork,beef,andchickenduetoitshighproteincontent.TheconsumptionofsoyfoodshasrecentlyriseninWesterncountriesduetotheadoptionofvegetariandietsandbeingcholesterol-freeasagainstanimal-basedproteins. Thebeefsegmentisprojectedtoaccountforthelargestmarketshareintheplant-basedmeatmarketduringtheforecastperiod. Basedontype,thebeefsegmentisprojectedtoaccountforthelargestmarketshareintheplant-basedmeatmarket.Beefisusuallyconsideredatypeofmeatharvestedfromcattleanditisanutrient-richfood,asitprovidesvariousessentialnutrients.Plant-basedbeefprovidessimilarcharacteristicstothatofbeef.Beef-relatedplant-basedproducts,suchasmeat-freebeefpieces,no-beefburgers,beefwatercress,andbeefsteak,aremadefromsourcessuchassoyandwheat. TheburgerPattiesegmentisprojectedtogrowatasignificantCAGRintheplant-basedmeatmarketduringtheforecastperiod. Byproduct,theplant-basedmeatmarketissegmentedintoburgerpatties,strips&nuggets,sausages,meatballs,andotherproducts.Theotherproductsincludeslices,fillets,cutlets,fingers,andcrumbles.Plant-basedburgersarethemostpopulartypeofproductthathasgainedconsumerattentionatagloballevel.Theyaredesignedandcreatedtolookandtastelikeconventionalmeatproducts. Thefoodretailsegmentisprojectedtoaccountforthelargestmarketshareintheplant-basedmeatmarketduringtheforecastperiod. Basedonthedistributionchannel,thefoodretailsegmentisprojectedtoaccountforthelargestshareintheplant-basedmeatmarket.Foodretailreferstooperatingretail,supermarket,hypermarketstores,andanyotherformofstores,wherevariousproducts,suchasgroceryitems,vegetables,uncookedmeat,andfrozenproducts,aremadeavailabletotheconsumers.Thisdistributionchannelisbeingusedbyestablishedplant-basedmeatcompaniesaswellasstartupstoincreasethepenetrationoftheirproductsinthemarket. RequestSamplePages:https://www.marketsandmarkets.com/requestsampleNew.asp?id=44922705 Europeregionholdsthelargestshareintheplant-basedmeatmarketduringtheforecastperiod. Europeisoneofthefastest-growingregionsintermsofconsumptionandproduction.ThemanufacturersinEuropearecurrentlyfocusingonnewproductdevelopmentsthatincludeplant-basedmeatwithbettertexture,appearance,andcomposition.Theinnovativeproductdevelopmentintheregionisbackedbyappropriateresearchanddevelopmentfacilitiesavailableintheregion. Thisreportincludesastudyonthemarketinganddevelopmentstrategies,alongwiththeproductportfoliosofleadingcompanies.Itconsistsofprofilesofleadingcompanies,suchasBeyondMeat(US),KelloggCompany(US),ImpossibleFoodsInc.(US),MapleLeafFoods(Canada),Unilever(UK),ConagraFoods(US),Tofurky(US),GoldGreenFoodsLtd(Finland),Sunfed(NewZealand),andMondeNissin(Philippines). Get10%FreeCustomizationonthisReport: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=44922705

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