Plant-based Meat Market Size Worth $24.8 Billion By 2030: Grand View Research, Inc.

Read 140 page market research report, "Plant-based Meat Market Size, Share & Trends Analysis Report By Source (Soy, Pea, Wheat), By Product (Burgers, Patties, Sausages), By Type (Chicken, Pork, Beef), By End-user, By Storage, By Region, And Segment Forecasts, 2022 - 2030", published by Grand View Research. Read 140 page market research report, " Plant-based Meat Market Size, Share & Trends Analysis Report By Source (Soy, Pea, Wheat), By Product (Burgers, Patties, Sausages), By Type...

Read 140 page market research report, "Plant-based Meat Market Size, Share & Trends Analysis Report By Source (Soy, Pea, Wheat), By Product (Burgers, Patties, Sausages), By Type (Chicken, Pork, Beef), By End-user, By Storage, By Region, And Segment Forecasts, 2022 - 2030", published by Grand View Research.

Growing concern of consumers regarding animal welfare and greenhouse gas emission created by the distinguished practices of the meat industry is driving the market. Celebrity endorsements of vegan/vegetarian diets are projected to augment the demand for meat alternatives in the global market. In addition, launch of new products by the manufacturers similar to meat in terms of flavor, texture, color, and taste is increasing product demand.

The plant-based meat is predominantly consumed in the Hotel/Restaurant/Café (HORECA) sector. Key companies in the industry are collaborating with fast-food joints and restaurants chains to promote the adoption of their products. For instance, fast-food joints such as Burger King, MacDonald's, and Subway are launching new vegan meat products to capitalize on the industry dominated by health-conscious customers.

Plant-based burgers are likely to exhibit steady growth over the upcoming years on account of rising consumer concerns regarding conventional meat products in the wake of coronavirus pandemic. The plant-based burgers are known to offer low-gluten and low-fat contents, which makes them a highly favored product amongst health-conscious individuals.

Market Segmentation:

Grand View Research has segmented the global plant-based meat market on the basis of source, product, type, end-user, storage, and region:

List of Key Players of Plant-based Meat Market

Check out more studies related to plant-based eatables and supplements, published by Grand View Research:

Browse through Grand View Research's coverage of the Global Processed & Frozen Foods Industry.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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