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Plant-based Meat Market
Plant-based Meat Market Size, Share, Forecast, & Trends Analysis by Type (Tofu, TVP, Tempeh, Seitan, Meatballs, Burger Patties, Nuggets, Crumble, Shred), Source (Soy, Wheat, Pea), Distribution Channel (B2B, B2C {Convenience Store}) - Global Forecast to 2031
Report ID:MRFB - 104898 Pages: 200 Sep-2024 Formats*: PDF Category: Food and Beverages Delivery: 24 to 72 HoursThe Plant-based Meat Market is expected to reach $27.14 billion by 2031, at a CAGR of 13.7% from 2024 to 2031.
Plant-based Meat Market Size & Forecast
The increasing demand for alternative proteins, the growing vegan population, the increased emphasis on animal welfare, and the surge in demand for plant-based food products are all contributing factors to this market's growth. Furthermore, it is anticipated that players operating in this market will have growth opportunities due to advancements in food technology and an increase in venture capital investments in the plant-based food industry.
Plant-based Meat Market Growth Drivers
Growing Preference for Plant-based Food Products
Diets across the globe are changing due to health concerns, ethics, and sustainability. Rapid urbanization, changes in lifestyle, industrialization, economic development, health & wellness trends, and rising awareness about health concerns with the long-term consumption of animal proteins have created immense growth opportunities for manufacturers of plant-based protein products. This traction in the plant-based protein products market is supported by food security challenges in terms of the growing demand for livestock animals to ensure the longer sustainability of the animal protein model.
Planned vegetarian and vegan diets are nutritionally adequate for pregnant women, children, and athletes. These plant-based diets reduce the risks of health conditions such as heart diseases, Type 2 diabetes, hypertension, certain types of cancer, and obesity. Plant-based products are high in fiber and provide all the nutrients when planned well. Vegetarians and vegans use plant-based protein sources, such as beans, legumes, nuts, seeds, soy foods, and protein powders. Therefore, increasing demand for plant-based food is expected to drive the growth of the plant-based meat market globally.
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Growing Vegan Population
Veganism is a contemporary and expanding social phenomenon that has been growing in developed countries. In recent years, there has been a major shift toward vegetarianism and veganism due to increasing health & environmental concerns and empathy for animals. According to Vegan Statistics, in 2021, around 10% of the global population was vegetarian. In 2020, 40% of millennials were vegan. Baby Boomers and Generation X accounted for 21% each, with only 2% of seniors considering themselves vegan.
In the last four years, the number of vegans in Europe has doubled from 1.3 million to the current estimated figure of 2.6 million, representing 3.2% of the European population in 2021. Nearly half of all-vegan Europeans (45.5%) stated they would like more vegan alternatives for sausages, cold cuts, and cheese. There is also a growing demand for plant-based baked goods (38.6%) and snacks (32.9%) (Source: Veganz).
According to the Academy of Nutrition and Dietetics, appropriately planned vegetarian diets are healthy and nutritionally adequate as they reduce the risk of certain health conditions.
Thus, the growing vegan population and consumers’ increasing preference for plant-based foods are expected to drive the demand for plant-based meat.
Plant-based Meat Market Trends
Sustainable Foods
Consumers’ growing preference for eco-friendly and sustainable diets is attributed to increasing health & environmental awareness and rising greenhouse gas emissions. The livestock sector is a major driver of climate change. The GHG emissions along the livestock supply chain are around 7.1 gigatons CO2 eq per annum, representing around 14.5% of all human-induced emissions. In addition, the meat & dairy businesses account for more than 65% of livestock GHG emissions, while methane constitutes 45% of these emissions. Moreover, rapid climate change is expected to accelerate the spread of zoonotic and vector-induced infectious diseases in humans and livestock.
Furthermore, the production of livestock meat requires extensive use of fresh water. Livestock farming accounts for almost one-third of global freshwater consumption. Protein production using alternative sources is more environmentally friendly than livestock farming. Moreover, producing plant-based meat is more eco-friendly as it minimizes GHG emissions. Plant-based meat alternatives require significantly less water, land, and energy compared to traditional animal agriculture. This reduces greenhouse gas emissions, deforestation, and water pollution. Thus, the rising focus on eco-friendly food production and the growing public awareness regarding the negative impacts of conventional meat production on climate change is expected to drive the demand for plant-based meat in the coming years.
Plant-based Meat Market Opportunities
Rising Venture Investments in the Plant-based Food Space
In the plant-based meat market, companies are engaging in product launches, raising funds, agreements, collaborations, and partnerships to drive growth, innovation, and market expansion. For instance, in January 2023, No Meat Factory, a Canadian plant-based meat manufacturer, secured USD 42 million in Series B funding. Tengelmann Growth Partners and Emil Capital Partners led the funding round. Further, in July 2022, Meati (U.S.), a plant-based meat manufacturer, raised USD 150 million in Series C funding to increase its output. Moreover, In July 2021, NotCo (Chile), a plant-based meat and dairy substitute manufacturer, raised USD 235 million in a Series D funding round. With roots in both Latin America and North America, NotCo had raised USD 370 million in total as of 2022.
Thus, increasing strategic developments in the plant-based meat industry are driving the growth of the market.
Plant-based Meat Market Analysis: Key Findings
By Type: In 2024, the Tofu Segment to Dominate the Plant-based Meat Market
Based on type, the global plant-based meat market is segmented into tofu, TVP, burger patties, tempeh, hot dogs and sausages, seitan, meatballs, ground meat, nuggets, crumbles, shreds, and other plant-based meat. In 2024, the tofu segment is expected to account for the largest share of 20.4% of the global plant-based meat market. This segment’s large market share is attributed to its increasing adoption due to its lower cost, easy availability, and high protein content, including all the essential amino acids. In addition, the rising health and wellness trend is further expected to boost the demand for this segment because tofu is renowned for its cholesterol-lowering effects.
However, the hot dogs and sausages segment is expected to register the highest CAGR of 20.2% during the forecast period. This segment's rapid growth is attributed to its increasing popularity as a ready-to-eat food, rising new product launches of plant-based sausages, and availability in many restaurants.
By Source: In 2024, the Soy Segment to Dominate the Plant-based Meat Market
Based on source, the global plant-based meat market is segmented into soy, wheat, pea, and other sources. In 2024, the soy segment is expected to account for the largest share of the global plant-based meat market. This segment’s large market share is attributed to the rising demand for meat alternative manufacturers, wide availability of raw materials, lower cost compared to other sources, wide usage of plant-based meat products, and higher consumer acceptance level due to its meat-like texture and taste.
However, the pea segment is slated to register the highest CAGR during the forecast period. This segment's rapid growth is attributed to its high protein content, the rising number of investments from leading manufacturers to increase pea protein production, and the increasing consumer demand for pea protein-based vegan foods. Moreover, peas are free of allergens, gluten, and lactose, which further increases the demand for pea-based meat.
By Distribution Channel: In 2024, the Business to Customer Segment to Dominate the Plant-based Meat Market
Based on the distribution channel, the plant-based meat market is segmented into business-to-business (B2B) and business-to-consumer (B2C). In 2024, the B2C distribution channel segment is expected to account for the largest share of the plant-based meat market. This segment’s large market share is attributed to the increasing e-commerce, increased sales of plant-based food in well-established supermarkets and hypermarket chains, and increasing consumer expenses on vegan food products.
Geographical Analysis
Based on geography, the global plant-based meat market is majorly segmented into five regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to account for the largest share of 45.0% of the global plant-based meat market. This region’s large market share is attributed to the growing awareness of the importance of protein-rich diets, the risks associated with consuming contaminated meat goods, rising investments in the plant-based sector, and a well-established food sector.
Moreover, this region is also expected to register the highest CAGR during the forecast period. The rapid growth of this region is mainly attributed to rising disposable income and improving standard of living, rapid urbanization, a growing focus on the inclusion of healthy diets such as plant-based food, and the rising presence of a large number of key players in the market.
Plant-based Meat Market: Key Companies
The report offers a competitive analysis based on an extensive assessment of the leading players’ product portfolios, geographic presence, and key growth strategies adopted in the last three to four years. Some of the key players operating in the plant-based meat market are Beyond Meat Inc. (U.S.), Impossible Foods Inc (U.S.), The Hain Celestial Group, Inc. (U.S.), Unilever Plc (U.K.), Kellogg Company (U.S.), Lightlife Foods, Inc. (Part of Maple Leaf Foods Inc., Canada) (U.S.), Nestlé S.A. (Switzerland), Conagra Brands, Inc. (U.S.), Taifun –Tofu GmbH (Germany), Atlantic Natural Foods LLC (U.S.), VBIte Food Ltd (U.K.), Sunfed Meats (New Zealand), Quorn Foods (U.K.), Ojah B.V. (Netherlands), and The Kraft Heinz Company (U.S.).
Plant-based Meat Industry Overview: Latest Developments from Key Industry Players
- In April 2024, Alpine Bio (formerly Nobell Foods, Inc.) received a tenth U.S. patent for recombinant milk proteins and food compositions comprising these proteins.
- In March 2024, Gosh! Food Limited (U.K.), a plant-based food brand, launched street food and glaze & grill BBQ kits.
- In December 2023, Konscious Foods (Canada) launched frozen plant-based sushi, poke bowls, and onigiri in 4,500 retailers across North America.
- In September 2022, The Better Food Foundation (U.S.) launched its canned vegan meat in the U.S., along with other products such as cold cuts, patties, and meatballs.
Plant-based Meat Market Research Summary:
|
Particulars |
Details |
|
Number of Pages |
~200 |
|
Format |
|
|
Forecast Period |
2024–2031 |
|
Base Year |
2023 |
|
CAGR (Value) |
13.7% |
|
Market Size (Value) |
USD 27.14 Billion by 2031 |
|
Segments Covered |
By Type
By Source
By Distribution Channel
|
|
Countries Covered |
Asia-Pacific (China, India, Japan, Australia, South Korea, Thailand, and Rest of Asia-Pacific), North America (U.S., Canada), Europe (Germany, U.K., Spain, Italy, France, Netherlands, Belgium, Austria, Poland, Portugal, and Rest of Europe), Latin America (Brazil, Mexico, Argentina, and Rest of Latin America), and the Middle East & Africa |
|
Key Companies |
Beyond Meat Inc. (U.S.), Impossible Foods Inc (U.S.), The Hain Celestial Group, Inc. (U.S.), Unilever Plc (U.K.), Kellogg Company (U.S.), Lightlife Foods, Inc. (Part of Maple Leaf Foods Inc., Canada) (U.S.), Nestlé S.A. (Switzerland), Conagra Brands, Inc. (U.S.), Taifun –Tofu GmbH (Germany), Atlantic Natural Foods LLC (U.S.), VBIte Food Ltd (U.K.), Sunfed Meats (New Zealand), Quorn Foods (U.K.), Ojah B.V. (Netherlands), and The Kraft Heinz Company (U.S.) |
Key questions answered in the plant-based meat market report:
Plant-based meat market includes the revenue generated from tofu, textured vegetable protein (TVP), burger patties, tempeh, hot dogs and sausages, seitan, meatballs, ground meat, nuggets, crumbles, shreds, and other plant-based meat products manufactured using soy, wheat, peas, and other plant-based sources.
The global plant-based meat market study provides valuable insights, market sizes, and forecasts for value by type, source, distribution channel, and geography.
The global plant-based meat market is projected to reach $27.14 billion by 2031, at a CAGR of 13.7% during the forecast period.
The tofu segment is expected to hold a major share during the forecast period of 2024–2031.
The pea segment is expected to witness the fastest growth during the forecast period of 2024–2031.
The growing preference for plant-based food products, growing vegan population, growing focus on animal welfare, and rising demand for alternative proteins are factors supporting the growth of this market. Moreover, rising venture investments in the plant-based food space and innovation in food technology create opportunities for players operating in this market.
The key players operating in the plant-based meat market are Beyond Meat Inc. (U.S.), Impossible Foods Inc (U.S.), The Hain Celestial Group, Inc. (U.S.), Unilever Plc (U.K.), Kellogg Company (U.S.), Lightlife Foods, Inc. (Part of Maple Leaf Foods Inc., Canada) (U.S.), Nestlé S.A. (Switzerland), Conagra Brands, Inc. (U.S.), Taifun –Tofu GmbH (Germany), Atlantic Natural Foods LLC (U.S.), VBIte Food Ltd (U.K.), Sunfed Meats (New Zealand), Quorn Foods (U.K.), Ojah B.V. (Netherlands), and The Kraft Heinz Company (U.S.).
The Asia-Pacific region is slated to register the highest CAGR during the forecast period of 2024–2031. This region's rapid growth is mainly attributed to rising disposable income and improving standard of living, rapid urbanization, a growing focus on the inclusion of healthy diets such as plant-based food, the rising presence of a large number of key players in the market, and rising government initiatives for the food industry.
1. Market Definition & Scope
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research/Interviews with Key Opinion Leaders from the Industry
2.3. Market Sizing and Forecast
2.3.1. Market Size Estimation Approach
2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study
2.5. Limitations of the Study
3. Executive Summary
3.1. Overview
3.2. Segment Analysis
3.2.1. Plant-based Meat Market Assessment—by Type
3.2.2. Plant-based Meat Market Assessment—by Source
3.2.3. Plant-based Meat Market Assessment—by Distribution Channel
3.3. Plant-based Meat Market Regional Assessment
3.4. Competitive Landscape & Market Competitors
4. Market Insights
4.1. Overview
4.2. Drivers
4.2.1. Growing Preference for Plant-based Food Products
4.2.2. Growing Vegan Population
4.2.3. Growing Focus on Animal Welfare
4.2.4. Rising Demand for Alternative Proteins
4.3. Restraints
4.3.1. Consumer Preference for Soy and Gluten-Free Products
4.3.2. Significant Preference for Animal-based Products
4.4. Opportunities
4.4.1. Innovation in Food Technology
4.4.2. Rising Venture Investments in the Plant-based Food Space
4.5. Challenges
4.5.1. Expensive Nature of Plant-based Products
4.6. Key Trends
4.6.1. Sustainable Foods
5. Plant-based Meat Market Assessment—by Type
5.1. Overview
5.2. Tofu
5.3. Textured Vegetable Protein (TVP)
5.4. Burger Patties
5.5. Tempeh
5.6. Hot Dogs and Sausages
5.7. Seitan
5.8. Meatballs
5.9. Ground Meat
5.10. Nuggets
5.11. Crumbles
5.12. Shreds
5.13. Other Plant-based Meat
6. Plant-based Meat Market Assessment—by Source
6.1. Overview
6.2. Soy
6.3. Wheat
6.4. Pea
6.5. Other Sources
7. Plant-based Meat Market Assessment—by Distribution Channel
7.1. Overview
7.2. Business-to-Business (B2B)
7.3. Business-to-Consumers (B2C)
7.3.1. Modern Groceries
7.3.2. Convenience Stores
7.3.3. Specialty Stores
7.3.4. Online Retail
7.3.5. Other B2C Distribution Channels
8. Plant-based Meat Market Assessment—by Geography
8.1. Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.3. Europe
8.3.1. France
8.3.2. Germany
8.3.3. Italy
8.3.4. U.K.
8.3.5. Spain
8.3.6. Netherlands
8.3.7. Belgium
8.3.8. Austria
8.3.9. Poland
8.3.10. Portugal
8.3.11. Rest of Europe (RoE)
8.4. Asia-Pacific
8.4.1. China
8.4.2. India
8.4.3. Japan
8.4.4. Australia
8.4.5. South Korea
8.4.6. Thailand
8.4.7. Rest of Asia-Pacific (RoAPAC)
8.5. Latin America
8.5.1. Brazil
8.5.2. Mexico
8.5.3. Argentina
8.5.4. Rest of Latin America
8.6. Middle East & Africa
9. Competition Analysis
9.1. Overview
9.2. Key Growth Strategies
9.3. Competitive Benchmarking
9.4. Competitive Dashboard
9.4.1. Industry Leaders
9.4.2. Market Differentiators
9.4.3. Vanguards
9.4.4. Emerging Companies
10. Company Profiles (Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)
10.1. Beyond Meat Inc.
10.2. Impossible Foods Inc
10.3. The Hain Celestial Group, Inc.
10.4. Unilever Plc
10.5. Kellogg Company
10.6. Lightlife Foods, Inc. (Part of Maple Leaf Foods Inc., Canada)
10.7. Nestlé S.A.
10.8. Conagra Brands, Inc.
10.9. Taifun –Tofu GmbH
10.10. Atlantic Natural Foods LLC (Part of Aft Holdings, Inc., U.S.)
10.11. VBIte Food Ltd
10.12. Sunfed Meats
10.13. Quorn Foods
10.14. Ojah B.V.
10.15. The Kraft Heinz Company
10.16. Other Companies
11. Appendix
11.1. Available Customization
11.2. Related Reports
List of Tables
Table 1 Global Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 2 Global Tofu Market, by Country/Region, 2022–2031 (USD Million)
Table 3 Global Textured Vegetable Protein (TVP) Market, by Country/Region, 2022–2031 (USD Million)
Table 4 Global Burger Patties Market, by Country/Region, 2022–2031 (USD Million)
Table 5 Global Tempeh Market, by Country/Region, 2022–2031 (USD Million)
Table 6 Global Hot Dogs and Sausages Market, by Country/Region, 2022–2031 (USD Million)
Table 7 Global Seitan Market, by Country/Region, 2022–2031 (USD Million)
Table 8 Global Meatballs Market, by Country/Region, 2022–2031 (USD Million)
Table 9 Global Ground Meat Market, by Country/Region, 2022–2031 (USD Million)
Table 10 Global Nuggets Market, by Country/Region, 2022–2031 (USD Million)
Table 11 Global Crumbles Market, by Country/Region, 2022–2031 (USD Million)
Table 12 Global Shreds Market, by Country/Region, 2022–2031 (USD Million)
Table 13 Global Other Plant-based Meat Market, by Country/Region, 2022–2031 (USD Million)
Table 14 Global Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 15 Global Soy-based Meat Market, by Country/Region, 2022–2031 (USD Million)
Table 16 Global Wheat-based Meat Market, by Country/Region, 2022–2031 (USD Million)
Table 17 Global Pea-based Meat Market, by Country/Region, 2022–2031 (USD Million)
Table 18 Global Other Plant Sources-based Meat Market, by Country/Region, 2022–2031 (USD Million)
Table 19 Global Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 20 Global Business-to-Business Plant-based Meat Market, by Country/Region, 2022–2031 (USD Million)
Table 21 Global Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 22 Global Business to Consumers Plant-based Meat Market, by Country/Region, 2022–2031 (USD Million)
Table 23 Global Plant-based Meat Market for Modern Groceries, by Country/Region, 2022–2031 (USD Million)
Table 24 Global Plant-based Meat Market for Convenience Store, by Country/Region, 2022–2031 (USD Million)
Table 25 Global Plant-based Meat Market for Specialty Store, by Country/Region, 2022–2031 (USD Million)
Table 26 Global Plant-based Meat Market for Online Retail, by Country/Region, 2022–2031 (USD Million)
Table 27 Global Plant-based Meat Market for Other B2C Distribution Channels, by Country/Region, 2022–2031 (USD Million)
Table 28 Global Plant-based Meat Market, by Country/Region, 2022–2031 (USD Million)
Table 29 North America: Plant-based Meat Market, by Country, 2022–2031 (USD Million)
Table 30 North America: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 31 North America: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 32 North America: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 33 North America: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 34 U.S.: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 35 U.S.: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 36 U.S.: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 37 U.S.: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 38 Canada: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 39 Canada: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 40 Canada: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 41 Canada: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 42 Europe: Plant-based Meat Market, by Country, 2022–2031 (USD Million)
Table 43 Europe: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 44 Europe: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 45 Europe: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 46 Europe: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 47 France: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 48 France: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 49 France: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 50 France: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 51 Germany: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 52 Germany: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 53 Germany: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 54 Germany: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 55 Italy: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 56 Italy: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 57 Italy: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 58 Italy: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 59 U.K.: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 60 U.K.: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 61 U.K.: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 62 U.K.: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 63 Spain: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 64 Spain: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 65 Spain: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 66 Spain: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 67 Netherlands: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 68 Netherlands: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 69 Netherlands: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 70 Netherlands: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 71 Belgium: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 72 Belgium: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 73 Belgium: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 74 Belgium: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 75 Austria: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 76 Austria: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 77 Austria: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 78 Austria: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 79 Poland: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 80 Poland: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 81 Poland: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 82 Poland: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 83 Portugal: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 84 Portugal: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 85 Portugal: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 86 Portugal: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 87 Rest of Europe: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 88 Rest of Europe: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 89 Rest of Europe: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 90 Rest of Europe: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 91 Asia-Pacific: Plant-based Meat Market, by Country, 2022–2031 (USD Million)
Table 92 Asia-Pacific: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 93 Asia-Pacific: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 94 Asia-Pacific: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 95 Asia-Pacific: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 96 China: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 97 China: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 98 China: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 99 China: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 100 India: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 101 India: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 102 India: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 103 India: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 104 Japan: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 105 Japan: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 106 Japan: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 107 Japan: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 108 Australia: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 109 Australia: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 110 Australia: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 111 Australia: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 112 South Korea: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 113 South Korea: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 114 South Korea: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 115 South Korea: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 116 Thailand: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 117 Thailand: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 118 Thailand: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 119 Thailand: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 120 Rest of Asia-Pacific: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 121 Rest of Asia-Pacific: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 122 Rest of Asia-Pacific: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 123 Rest of Asia-Pacific: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 124 Latin America: Plant-based Meat Market, by Country, 2022–2031 (USD Million)
Table 125 Latin America: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 126 Latin America: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 127 Latin America: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 128 Latin America: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 129 Brazil: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 130 Brazil: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 131 Brazil: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 132 Brazil: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 133 Mexico: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 134 Mexico: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 135 Mexico: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 136 Mexico: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 137 Argentina: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 138 Argentina: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 139 Argentina: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 140 Argentina: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 141 Rest of Latin America: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 142 Rest of Latin America: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 143 Rest of Latin America: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 144 Rest of Latin America: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 145 Middle East & Africa: Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 146 Middle East & Africa: Plant-based Meat Market, by Source, 2022–2031 (USD Million)
Table 147 Middle East & Africa: Plant-based Meat Market, by Distribution Channel, 2022–2031 (USD Million)
Table 148 Middle East & Africa: Business to Consumers Plant-based Meat Market, by Type, 2022–2031 (USD Million)
Table 149 Number of Developments by Major Players During 2020–2023
List of Figures
Figure 1 Market Ecosystem
Figure 2 Research Process
Figure 3 Key Secondary Sources
Figure 4 Primary Research Techniques
Figure 5 Key Executives Interviewed
Figure 6 Breakdown of Primary Interviews (Supply-Side & Demand-Side)
Figure 7 Market Size Estimation
Figure 8 The Tofu Segment to Dominate the Plant-based Meat Market
Figure 9 The Pea Segment to Register the Fastest Growth in the Plant-based Meat Market
Figure 10 In 2024, The Business-to-Consumers Segment to Dominate the Plant-based Meat Market
Figure 11 Asia-Pacific Dominates the Plant-based Meat Market, Also it Leads in Growth
Figure 12 Factors Affecting Market Growth
Figure 13 Global Plant-based Meat Market, by Type, 2024 Vs. 2031 (USD Million)
Figure 14 Global Plant-based Meat Market, by Source, 2024 Vs. 2031 (USD Million)
Figure 15 Global Plant-based Meat Market, by Distribution Channel, 2024 Vs. 2031 (USD Million)
Figure 16 North America: Plant-based Meat Market Snapshot (2024)
Figure 17 Europe: Plant-based Meat Market Snapshot (2024)
Figure 18 Asia-Pacific: Plant-based Meat Market Snapshot (2024)
Figure 19 Latin America: Plant-based Meat Market Snapshot (2024)
Figure 20 Middle East & Africa: Plant-based Meat Market Snapshot (2024)
Figure 21 Key Growth Strategies Adopted by Leading Players, 2021–2024
Figure 22 Global Plant-based Meat Market: Competitive Benchmarking, by Product Type
Figure 23 Competitive Dashboard: Plant-based Meat Market
Figure 24 Beyond Meat Inc.: Financial Overview (2023)
Figure 25 The Hain Celestial Group, Inc.: Financial Overview (2023)
Figure 26 Unilever Plc: Financial Overview (2023)
Figure 27 Kellogg Company: Financial Overview (2023)
Figure 28 Nestlé S.A: Financial Overview (2023)
Figure 29 Conagra Brands, Inc.: Financial Overview (2023)
Figure 30 The Kraft Heinz Company: Financial Overview (2023)
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