The Plant-based Meat Market is expected to register at a CAGR of +9% during the forecast period of 2019–2026.
A food made from non-meats or sometimes without any other animal products such as dairy products which act as a meat substitute or meat alternative but has same amount of protein content is called plant based meat product. Many plant based meat products are soy based or gluten based products. Plant based meat products are currently processed through two basic methodology i.e either by thermoplastic extrusion or fiber spinning.
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The recently released report by Report Consultant titled as Global Plant-based Meat Market is a detailed analogy that gives readers an insight into intricacies of various elements like growth rate, technological developments, and impact of socio-economic conditions that affect the market space. An in-depth study of these numerous components is essential as all these aspects need to blend-in seamlessly for businesses to achieve success in this industry.
Plant-based Meat Market research report identifies Key Players:
- Impossible Foods Inc.
- Beyond Meat
- Parabel USA Inc
- Archer Daniels Midland Company
- I. du Pont de Nemours and Company
- Garden Protein International, Inc.
- Amy’s Kitchen Inc.
- Morningstar Farms LLC
- Quorn Foods, Inc.
Market Segmentation by Source:
- Gluten based
- Soy based
Market Segmentation by Type:
Market Segmentation by End-users:
- Food industry
Market Segmentation by Distribution Channel:
- Convinience store
- Modern store
- Specialty store
- Food stores
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Geographically, a well-developed infrastructure of the global Plant-based Meat Market, its awareness, regulatory framework are some of the factors that are driving the North Americans, Europe, Asia-Pacific, Middle East & Africans, and Latin Americans global Plant-based Meat Market.
Consumers in the modern age are now being health conscious and are being more considerate on food intake. There is an increasing health awareness among the consumers about meat adulteration when it comes to meat consumption. As a result, consumers are now gradually shifting their diet to vegetarian or organic products. And there are many health benefits associated with vegan products. These factors can help drive the demand for plant-based meat products among its consumers.
Key highlights of the global Plant-based Meat Market for the forecast years 2019-2026:
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Plant-based Meat Market forecasts till 2026, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Plant-based Meat Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2026
- Plant-based Meat Market opportunities and recommendations for new investments
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Industry analysis tools such as SWOT and Porter’s five techniques have been used for analyzing the global Plant-based Meat Market. Moreover, development plans and policies are also presented in the report. For a stronger and effective outlook of the global market, this report has been elucidated with info-graphics. Additionally, it offers an investigation of global market pilots.