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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 Hours

    The 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.

    Plant-based Meat Market

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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

    PDF

    Forecast Period

    2024–2031

    Base Year

    2023

    CAGR (Value)

    13.7%

    Market Size (Value)

    USD 27.14 Billion by 2031

    Segments Covered

    By Type

    • Tofu
    • Textured Vegetable Protein (TVP)
    • Burger Patties
    • Tempeh
    • Hot Dogs and Sausages
    • Seitan
    • Meatballs
    • Ground Meat
    • Nuggets
    • Crumbles
    • Shreds
    • Other Plant-based Meat

    By Source

    • Soy
    • Wheat
    • Pea
    • Other Sources

    By Distribution Channel

    • Business-to-Business (B2B)
    • Business-to-Consumer (B2C)
      • Modern Groceries
      • Convenience Stores
      • Specialty Stores
      • Online Retail Stores
      • Other B2C Distribution Channels

    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.

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    Related Tag: Plant-based Meat Market Vegan Meat Plant Based Chicken Plant Meat Meatless Meat Tofu Nuggets Crumbles Seitan Meat Substitutes
    Alternative Proteins
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    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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      Related Tag: Plant-based Meat Market Vegan Meat Plant Based Chicken Plant Meat Meatless Meat Tofu Nuggets Crumbles Seitan Meat Substitutes
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