Plant-Based Meat Market Analysis, Demand, Regional Analysis, Share and Growth Factors to Forecast till 2027
Plant-based
meat comprises meat substitutes made from plant products. There are a variety
of plant-based meat substitutes that hold an important presence in the cuisine
of various regions, such as tofu, seitan, and tempeh in Eastern Asia. These
products have migrated to Western markets in recent years due to the growing
popularity of veganism and the growing awareness among consumers about the
adverse effects of the meat industry on the planet’s ecosystem. The growing
popularity of these products in affluent markets such as North America and
Western Europe is likely to be a major driver for the global Plant-Based Meat
Market Analysis over the forecast period. The rise of veganism has been
prominent in North America and Europe, where meats comprise an important part
of the traditional diet. Many, especially younger, consumers in these regions
are adopting veganism as a means to support the environment, leading to growing
consumption of vegan products such as tofu and tempeh. This is likely to be a
major driver for the global Plant-Based Meat Market Analysis over the forecast period.
Key
Players
Leading players in the global Plant-Based
Meat Market Analysis include Amy’s Kitchen Inc., Beyond Meat, Garden Protein
International Inc., Blue Chip Group Inc., MorningStar Farms LC, VBites Foods
Ltd., Schouten Europe BV, Cauldron Foods Limited, Impossible Foods Inc., Maple
Leaf Foods Inc., Unilever, House Foods Corporation, Vitasoy International
Holdings Limited, and Eden Foods Inc.
Market Segmentation:
The global market is segmented on the basis of
product type, source, distribution channel, and region.
By product type, the global market is segmented
into tofu and tofu products, sausages, seitan, tempeh, and others.
By source, the global Plant-Based Meat Market
Analysis is segmented into soy, wheat, pea, and others. Soy is the dominant
category in the global Plant-Based Meat Market Analysis due to the ease of
turning soy protein into meat substitutes.
By distribution channel, the global Plant-Based
Meat Market Analysis is segmented into store-based and non-store-based.
Access Report @ https://www.marketresearchfuture.com/reports/plant-based-meat-market-8583
Regional Analysis
Europe holds the largest share in the global Plant-Based
Meat Market Analysis due to the widespread acceptance of veganism in the
region. Germany and the UK are the leading regional markets within the Europe
market.
Asia Pacific is also likely to be a major regional
market within the global Plant-Based Meat Market Analysis over the forecast
period due to the widespread popularity of tofu, seitan, tempeh, and other
plant-based meat alternatives in East Asia. The widespread vegetarian culture
in India is also likely to be a major driver for the Plant-Based Meat Market
Analysis in Asia Pacific, as an increasing number of consumers are buying
plant-based meat products in the country.
NOTE: Our Team of Researchers
are Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
Comments
Post a Comment